$1,173,000
●
House -
Off Market
1253 Dodds Circle
Los Angeles, CA 90063
3 Beds
0 Bath
1,770 Ft²
$5,834
Est. Monthly
About This Property
Welcome to this unique hilltop home with stunning panoramic views
of Downtown LA, the Hollywood sign, Dodger Stadium, and the San
Gabriel Mountains. This property lends itself to buyers seeking the
ideal multigenerational or income-producing home. There is a
primary house spanning 1210 square feet (approximately) and
features two bedrooms, one bathroom, and a separate office/den
along with an attached newly constructed, fully permitted,
560-square-foot (approximately) one-bedroom Accessory Dwelling Unit
(ADU) with a private yard. The homes are on an expansive 13,036
square-foot double lot, surrounded by mature landscaping and
numerous fruit trees. The potential to build an additional ADU on
this double lot further enhances buyers' options for the future.
The gated driveway offers plenty of parking. This retreat is only
minutes from downtown's vibrant social, entertainment, and dining
scenes, USC Medical Center, Keck Hospital, and Cal State University
LA. Video Tour - https://player.vimeo.com/video/?badge=0
Unit Size
1,770 Ft²
Days on Market
116 days
Land Size
0.30 acres
Price per sqft
$671
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
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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: 2 years ago (CRMLS #P1-19153)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Price Decreased |
$1,188,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Oct 17, 2024 | Price Decreased |
$1,198,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $1,208,000 | |
| Relisted | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About East Los Angeles
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Listed by: Patrick Cochran, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-19153
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P1-19153
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