$777,000
●
House -
Off Market
1121 Marcheta Street
Altadena, CA 91001
2 Beds
2 Baths
1,269 Ft²
$1,129,424
RealtyHop Estimate
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
About This Property
Nestled on a tree-lined street and surrounded by towering oaks,
this lovingly maintained 1948 traditional offers a serene respite
from the hustle and bustle of the city. Situated on a substantial
7,251 SF lot, this two-bedroom house offers a fully-fenced yard on
a quiet street, giving its residents a haven from traffic and an
atmosphere where children and pets can play safely. The traditional
floor plan includes a sunny living room with large south and
east-facing windows, a family room with formal dining area, and a
spacious kitchen glazed concrete counters and built-in appliances.
The hardwood flooring, casement windows, woodwork, and cabinetry
evoke the charm of a bygone era. The two bedrooms are filled with
light and have a bright and airy feel. The house has been
thoughtfully updated with good taste and a gentle touch. The
towering oaks and mature bougainvillea enhance the privacy and
serenity. Sit on the front porch and watch the world go by!!
Southern California living at its finest!!
Unit Size
1,269 Ft²
Days on Market
51 days
Land Size
0.17 acres
Price per sqft
$611
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #P0-819004110)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2019 | Listed by Teamprovident, Inc. | $775,000 | |
| Listed by Teamprovident, Inc. | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Altadena
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Listed by: Hans Hagenmayer, Teamprovident, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-819004110
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-819004110
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