1
Map
$875,000
●
House -
Off Market
1627 Ramona Avenue
Glendale, CA 91208
3 Beds
2 Baths
1,955 Ft²
$1,508,892
RealtyHop Estimate
77.73%
Since Jun 1, 2015
CA-Los Angeles
Primary Model
About This Property
Owned by the same family since the 1930's, this two story Spanish
Revival home is original to its core. The special buyer who
appreciates classic Spanish architecture will revel in the details
built in 1927 and amazingly remain to this day all lovingly
maintained by a family who understands the treasure this home
offers. In 2008, the current owner updated the home's insulation,
forced air and AC, refinished the original downstairs hardwood
floors, installed a tank-less water heater, updated the electrical
and rewired many of the original light fixtures from 1927. Rumor
has it that the upstairs hardwood floors have never been sanded!
The house also sports a large pool, fruit trees and a private patio
for entertaining that is adjacent to the living room and its large
French doors -- California living at its best. Sitting in one of
Glendale's premiere neighborhoods, this property is not to be
missed.
Unit Size
1,955 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$434
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
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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 #P0-315001632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2015 | Sold | ||
| Sold | |||
| Mar 20, 2015 | Listed by Engel & Voelkers La Canada | $849,000 | |
| Listed by Engel & Voelkers La Canada | |||
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
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Verdugo Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Anne Moser, Engel & Voelkers La Canada
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-315001632
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-315001632
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