$758,000
●
House -
Off Market
16225 Estella Avenue
Cerritos, CA 90703
4 Beds
3 Baths
2,006 Ft²
$1,196,921
RealtyHop Estimate
57.91%
Since Aug 1, 2017
CA-Los Angeles
Primary Model
About This Property
Beautifully designed and landscaped home in Cerritos on a quiet
Cul-de-sac. Home features an open floor plan with 4 bedroom
3 bathroom with a large kitchen that connects to the living room
and dining room which makes it great for entertaining family and
friends. Inside the Master bedroom is another 12x12 room (
unpermitted ). Custom fixtures and recessed lighting throughout the
house, remodeled kitchen and new cabinetry, new granite counter
top, new sink with faucet, new paint /w scrapped ceiling, Pella
energy efficient sliding doors and windows with new blinds
Central A/C, 3 car garage.
The yard is fantastic featuring 24 foot flowing water fountain, covered built in BBQ, gas and wood burning fire pit area. Deck with an 8 person hot tub Jacuzzi with Hydrotherapy water jets.
Walking distance to Cerritos College, Cerritos Mall, easy access to the 605, 91, 405 FWY.
The yard is fantastic featuring 24 foot flowing water fountain, covered built in BBQ, gas and wood burning fire pit area. Deck with an 8 person hot tub Jacuzzi with Hydrotherapy water jets.
Walking distance to Cerritos College, Cerritos Mall, easy access to the 605, 91, 405 FWY.
Unit Size
2,006 Ft²
Days on Market
65 days
Land Size
0.16 acres
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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: 5 months ago (CRMLS #PW17108589)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2017 | Sold | ||
| Sold | |||
| May 15, 2017 | Listed by Century 21 Allstars | $758,000 | |
| Listed by Century 21 Allstars | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Cerritos
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christina Kim, Century 21 Allstars
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17108589
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17108589
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