1609 Catalina
About This Property
This home features double-door entry, updated 200A electrical panel, central air, wood flooring & tile flooring throughout, with indoor laundry area. Kitchen features stainless steel appliances, Electric cook-top, wall oven, built-in microwave oven, dishwasher, quartz counters, subway tile backsplash, canned lighting, and eating area. Master bedroom with walk-in closet and attached bath with beautiful tiled shower stall. Separate toilet room with pocket door. Hall bath with upgraded tiled shower stall. Nice sized secondary bedrooms. Extra closet in the hallway for storage. Bright dining room for entertaining with slider door to nice sized lush backyard with LEMON tree. Cozy living room with brick fireplace. 2 car garage with opener, built in storage, and work bench area. Located in the award-winning Tustin School District, walking distance to John Muir Fundamental Elementary School and Portola Park playground, tennis courts, and basketball courts. Close to 17th St. and Tustin Ave. shopping, dining, US Postal Service, and major freeways like the 55, 5, 22 and 57.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Listed by JP Real Estate Services, Inc. | $1,199,000 | |
| Listed by JP Real Estate Services, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017