TWO SEPARATE HOUSES ON THIS PROPERTY. If you are looking for a
property that has a lot of features and benefits, look no further.
This property has two separate houses, the front house consists of
3 bedrooms, 1.75 baths, large open floor plan at Entry, Family
Room/Living Room, Kitchen, and large Eating Area. Two of the three
bedrooms are located in the front of the house, and primary bedroom
is located in rear, giving added privacy. Also added features in
the front house include 4 solar tubes for natural lighting, beamed
ceiling, large office, solar panels, recessed lighting, central
air, upgraded kitchen that opens to large formal dining area.
Primary Bedroom in rear with its own bathroom with double sinks.
Entry at Family room includes a fireplace with gas starter, and
wood burning option. Back separate 2 bedroom, 1 bath house in rear
has beamed cathedral ceilings. Large pool in gated area in rear of
the property. Large back fenced concrete area behind rear house
with wrought iron fencing. Oversized 2.5 car detached garage with
laundry area and plenty of room for storage. Wrought iron sliding
gate used as security between driveway and backyard. Open
desert-style outside area between the two houses make it a great
area for relaxing. Extra long driveway with room for RV parking.
Newer roof and newer detached garage, approximately 11 years.
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.
Appliances: Built-In Range, Convection Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Gas Range, Range Hood, Self Cleaning Oven, Tankless Water Heater, Refrigerator, Water Heater
Flooring Type: Carpet, Tile, Wood
Door Features: French Doors, Sliding Doors, InsulatedDoors
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Patio and Porch Features: Patio, Concrete, Open, Stone
Pool Features: Fenced, In Ground, Private, See Remarks
Pool is Private
Lot Features: Back Yard, Desert Back, Front Yard, Rectangular Lot, Lawn, SprinklersTimer, SprinklerSystem
Lot Size Area: 11362
Lot Size Units: Square Feet
Lot Size Acres: 0.2608
Lot Size Square Feet: 11362
Tax Lot: 10
Water Source: Private
Utilities Details
Cooling Type: Central Air, Attic Fan
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Overview
General
Year Built:
1954
Effective Year Built:
1954
Building Count:
2
Bedroom Count:
5
Bathroom Count:
3
Full Bathrooms:
3
Partial Bathrooms:
3
Building Condition:
0
Building Quality:
4
Construction Type:
17
Building Style:
31
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
0
Living Units:
2
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
4
Parking Space Count:
0
Patio Type:
0
Porch Type:
0
Pool Type:
8
Dimensions
Lot Size Square Feet:
11,359
Lot Size Depth Feet:
1,470
Lot Size Frontage Feet:
770
Total Building Area:
2,759
Gross Building Area:
2,763
Building Area:
2,759
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
6
Heated Square Feet:
2,759
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
RANCHO SANTA GERTRUDES
Land Acres:
0000000261
Standard Land Use Code:
1101
County Land Use Code:
0201
Legal Description 1:
RANCHO SANTA GERTRUDES FINALLY CONFIRMEDTO J P MCFARLAND AND J G DOWNEY 0.26 MORE OR LESS AC COM N 58 54' W 580.49 FTFROM MOST W COR OF LOT 10 TR NO 12220 SEE ASSESSOR MAPBOOK FOR MISSING PORTION77.3 FT TH S 58 54' E TO BEG
Neighborhood
School District Name:
Downey Unified School District
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