$1,231,000
●
House -
Off Market
1234 San Luis Rey Drive
Glendale, CA 91208
3 Beds
1 Bath
2,303 Ft²
$1,855,386
RealtyHop Estimate
57.91%
Since Aug 1, 2017
CA-Los Angeles
Primary Model
About This Property
You want peace & quiet. You love a real neighborhood, but prefer to
see nothing but the verdant trees & hear little other than the
breeze & the birds. Welcome to a remodeled contemporary that enjoys
almost complete privacy. The open floor plan features large formal
spaces, well appointed kitchen & baths, & a large home theater that
could serve as a 4th bedroom. The master suite features lavish bath
& walk in closet. Numerous skylights light most rooms during the
day, & all LED lighting takes over at night. A 5.88 kw solar
electric system means low utilities! The nearly carefree yard
features large entertainment deck, sheltered sitting porch &
separate yard below. One of the generous bedrooms features a
solarium wall, perfect as the ideal home office amongst the
trees.Highly coveted Verdugo Woodlands Elementary, Dad's Club and
Montrose Shopping Park are all nearby.
Unit Size
2,303 Ft²
Days on Market
50 days
Land Size
0.26 acres
Price per sqft
$510
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #P0-817000094)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by DIGGS | $1,175,000 | |
| Listed by DIGGS | |||
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
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Verdugo Woodlands
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Listed by: Kendyl Young, DIGGS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-817000094
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-817000094
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