$2,025,000
●
House -
Off Market
1322 Lovell Avenue
Arcadia, CA 91007
3 Beds
3 Baths
2,487 Ft²
$10,066
Est. Monthly
About This Property
Welcome to this beautifully renovated home, where modern amenities
meet timeless charm. This property features a cozy fireplace,
perfect for chilly evenings and a neutral color scheme that
provides a clean, fresh canvas for your decor. The remodeled
kitchen, with its central island, accent backsplash and stainless
steel appliances is a dream for any culinary enthusiast. The
primary bedroom includes a spacious walk-in closet while the
primary bathroom offers a custom tile shower and double sinks for
added convenience. Step outside to a lovely patio overlooking a
fenced-in backyard, ideal for entertaining. The home boasts a new
roof, fresh interior and exterior paint, new flooring, and new
appliances for a seamless experience. This home is a true gem!
Unit Size
2,487 Ft²
Days on Market
41 days
Land Size
0.26 acres
Price per sqft
$824
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939
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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 #24454249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Opendoor Brokerage Inc. | $2,050,000 | |
| Listed by Opendoor Brokerage Inc. | |||
Property Highlights
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
Closing Price
Sold On
Sold On
HOA + Taxes
About Arcadia
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Listed by: Charmaine Frank, Opendoor Brokerage Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24454249
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24454249
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