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1235 LA CRUZ Drive
About This Property
Amazing opportunity on a corner lot in one of the most desirable Mission Hills neighborhoods! This 2-bedroom, 2-bathroom home features a spacious living and dining area, two cozy fireplaces (living room and den), and beautiful mountain views. The basement includes a maid's quarters plus bonus room-perfect for a guest suite, office, or extra living space.
While the home needs work and updating, the solid structure and great layout provide a perfect canvas for renovation. Bring your vision and creativity to unlock this property's full potential!
Located near top-rated schools, parks, shopping, and easy freeway access. Rare chance to own in a quiet, established community with so much upside!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Apr 25, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by The Real Estate Power Houses | $290,000 | |
| Listed by The Real Estate Power Houses | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017