$1,100,000
●
House -
Off Market
1246 Justin Avenue
Glendale, CA 91201
3 Beds
2 Baths
1,200 Ft²
$1,095,647
RealtyHop Estimate
16.56%
Since Aug 1, 2021
CA-Los Angeles
Primary Model
About This Property
Your chance to make your dream home a reality, One of a kind
opportunities! Built your Dream Home about 10,276 S.F lot and/or
enjoy the updated existing home in Desirable North Glenoaks 91201,
safe and quiet neighborhood. Will be delivered with approved plans
for Modern Home 3018 SqFt with 4 Bed /3 Bath! Great for owner
builder, developers and investors. Existing remodeled 1200
S.F. 3 Bed/ 1.5 Bath home. Features beautiful living room with wood
fire place. Formal dining room used to be the 3rd bedroom, with
laminate floors. Spacious two bedroom with laminate floors.
This large private yard has room for cabana or jacuzzi, pool, guest
house or ADU (accessory dwelling unit). Minutes from great schools,
supermarkets, restaurants, shops, downtown Montrose, quick drive to
downtown Glendale, Americana and Galleria, downtown Burbank, Old
Town Pasadena and the Rose Parade. Close to GCC, PCC and Cal Tech.
Local LA and Hollywood attractions, and Griffith observatory. Bring
your contractors and your imagination! Priced right, don't miss out
on this great rare 91201 investment/owner user opportunity! will
not last long in this hot Market
Unit Size
1,200 Ft²
Days on Market
53 days
Land Size
0.24 acres
Price per sqft
$783
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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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: 12 months ago (CRMLS #320006012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2021 | Sold | ||
| Sold | |||
| May 17, 2021 | Listed by Markarian Realty | $939,999 | |
| Listed by Markarian Realty | |||
| May 8, 2017 | Sold | ||
| Sold | |||
| Feb 23, 2017 | Listed by Coldwell Banker Hallmark | $850,000 | |
| Listed by Coldwell Banker Hallmark | |||
| | |||
|
One of a kind opportunity with APPROVED PLANS!! Attention developers, investors, and owner builders looking to build their dream home: This property is located in a highly desirable neighborhood of north Glendale. This ready to build two story project features five bedrooms, five full bathrooms, and two half bathrooms (each bedroom has their own individual bathroom.) The property has a beautiful floor plan with a large kitchen, spacious living room, formal dining room, and plenty of room to entertain. The Architect is available to walk the project with any serious perspective client after an accepted offer, approved plans are included in the purchase. There are too many details to mention, this thoughtfully designed Spanish masterpiece can be your dream home.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grandview
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Listed by: Vartan Markarian, Markarian Realty
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 320006012
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 320006012
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