$586,000
●
House -
Off Market
11838 Julius Avenue
Downey, CA 90241
3 Beds
2 Baths
1,341 Ft²
$874,174
RealtyHop Estimate
49.69%
Since Nov 1, 2018
CA-Los Angeles
Primary Model
About This Property
Adorable 3 bedroom 2 bath home is in incredible condition in the
wonderful area of Southwest Downey. The original owners are selling
their beloved home to move closer to their grandchildren. This
beauty offers original hardwood floors, ceiling fans, updated
bathrooms, enlarged closets in all the bedrooms, double pane
windows and a tankless hot water system. The kitchen was remodeled
with maple wood cabinets and Caesar stone counter tops. Inside
laundry conveniently located off the kitchen area. You will love
the expanded master bedroom with large closet and in-suite
bathroom. The 2nd living room is located off the master bedroom
area with a sliding door leading to the back. Six-foot block walls
surround the large private yard which includes a variety of fruit
trees such as Avocado, Pressman, Coffee bean, Guava, Lemon and a
rear Chirimoya tree. The detached two car garage has a storage area
with work bench and tool shed. The gated driveway provides plenty
of parking. Wonderful location with easy access to shopping and
freeways.
Unit Size
1,341 Ft²
Days on Market
80 days
Land Size
0.13 acres
Price per sqft
$436
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 5 months ago (CRMLS #OC18189794)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2018 | Sold | ||
| Sold | |||
| Aug 6, 2018 | Listed by RE/MAX Fine Homes,Huntington B | $584,000 | |
| Listed by RE/MAX Fine Homes,Huntington B | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Currently no similar homes aroundNearby Rentals
Listed by: Scott Miller, RE/MAX Fine Homes,Huntington B
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18189794
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18189794
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