$653,000
●
House -
Off Market
1272 EL PASO Drive
Los Angeles, CA 90065
2 Beds
1 Bath
965 Ft²
$855,838
RealtyHop Estimate
48.84%
Since Aug 1, 2018
CA-Los Angeles
Primary Model
About This Property
This handsome Traditional-style home enjoys an elevated location on
a large lot in the heart of red-hot NELA. The versatile layout
includes a sunny living room and spacious dining area, large enough
to serve dual-use as a den or family room. Beautiful hard surface
flooring flows throughout. There are two bedrooms, each with
built-in storage. The sweeping back yard is dotted with mature
fruit trees, a private reserve in the making where you'll relax,
BBQ, and hang with friends amidst the surrounding hills. Out in
front, the Saltillo tile patio is a delightful setting for your
dinner parties. Amenities include recessed lighting, central heat
and air conditioning plus ample storage in the garden shed and
single-car garage. You are nicely situated with quick access to
local favorites Habitat Coffee, Walt's Arcade Bar and the Glassell
Park Rec Center. Around the corner is the lively scene along York
Blvd. including Cafe de Leche, Block Party, Ramen of York, Town
Pizza, Joy, and much more.
Unit Size
965 Ft²
Days on Market
41 days
Land Size
0.17 acres
Price per sqft
$596
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1935
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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 (CLAW #18351998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Listed by Compass | $575,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
HOA + Taxes
About East LA
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Listed by: Tracy B Do, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18351998
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18351998
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