$788,630
●
House -
Off Market
1354 HILL Drive
Los Angeles, CA 90041
3 Beds
2 Baths
1,446 Ft²
$1,164,042
RealtyHop Estimate
66.53%
Since Dec 1, 2016
CA-Los Angeles
Primary Model
About This Property
When this classic mid-century ranch was built in 1950, Hill Drive
was considered the best street in Eagle Rock, Dahlia Heights
Elementary school was a small, popular community school, and having
a custom-built ranch home was the stylish thing to do. All are
still true today! 1354 Hill Drive has the spacious, open-beamed
living area that became popular in the 1950s, along with retro
kitchen appliances, wood paneling, and pink bathroom fixtures.
There is also an al fresco dining patio, easy-care yard, and views
to the south, all to enjoy the California lifestyle. Modern
upgrades like a newer roof, copper plumbing, and central air & heat
help us further enjoy this midcentury gem. The location is ideal -
near but not too near to both the park and the Colorado Blvd shops
and cafes. This home features the best of both the past and the
present, and it is the perfect opportunity to enjoy Eagle Rock
living!
Unit Size
1,446 Ft²
Days on Market
48 days
Land Size
0.14 acres
Price per sqft
$483
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #16170712)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2016 | Sold | ||
| Sold | |||
| Oct 12, 2016 | Listed by Teles Properties | $699,000 | |
| Listed by Teles Properties | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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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Baths
ft²
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HOA + Taxes
About East LA
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Listed by: Tracy King, Teles Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 16170712
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 16170712
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