Listed by: Kimberly Sommer, T.N.G. Real Estate Consultants
$870,000
●
House -
Off Market
1620 Grand View Drive
Alhambra, CA 91803
3 Beds
1 Bath
1,128 Ft²
$4,174
Est. Monthly
About This Property
Nestled in a sought-after Alhambra neighborhood near a historic
district, this single-family home offers timeless potential. With
breathtaking views of the San Gabriel mountains from the backyard,
this property is perfect for those seeking to create their dream
home.
This 3-bedroom, 1-bath home features a cozy country kitchen, inside laundry for added convenience, and an attached garage with direct access. While in original condition, the house provides an excellent canvas for designers or homeowners looking to bring their vision to life.
Enjoy the charm and character of the area, which is close to historic homes and easily commutable to LA and OC, yet with the opportunity to craft a modern masterpiece. Whether you're drawn to the peaceful mountain views, the prime location, or the potential to reimagine every space, this home is a rare find.
Come and discover the endless possibilities!
This 3-bedroom, 1-bath home features a cozy country kitchen, inside laundry for added convenience, and an attached garage with direct access. While in original condition, the house provides an excellent canvas for designers or homeowners looking to bring their vision to life.
Enjoy the charm and character of the area, which is close to historic homes and easily commutable to LA and OC, yet with the opportunity to craft a modern masterpiece. Whether you're drawn to the peaceful mountain views, the prime location, or the potential to reimagine every space, this home is a rare find.
Come and discover the endless possibilities!
Unit Size
1,128 Ft²
Days on Market
56 days
Land Size
0.15 acres
Price per sqft
$754
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #PW24234974)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by T.N.G. Real Estate Consultants | $850,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Closing Price
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Sold On
HOA + Taxes
About Alhambra
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Listed by: Kimberly Sommer, T.N.G. Real Estate Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24234974
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24234974
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