1675 Elevado Avenue
About This Property
This home is move-in ready and features fresh interior paint, new electrical panels and wiring, new recessed lighting, a remodeled kitchen, updated bathrooms, and new tile flooring. Large bay windows in the kitchen and the living area radiate natural light, brightening the entire space and creating a warm, inviting atmosphere. The huge family room can accommodate extra entertainment and recreation areas in addition to a formal dining room.
Step into the backyard and you will feel as though you have entered a private mini courtyard. Mature trees surrounding the space create a peaceful, shaded retreat that is perfect for cooling down, relaxing, or clearing your head after a long day. A greenhouse area and garden space add to the charm and provide flexibility for outdoor enjoyment. It is quite an experience enjoying the beauty of cherry blossoms in your own yard during spring time! Mature fruit trees bearing delicious fruits such as apples, oranges, pomelos, figs, persimmons, loquats, cherries, longans, passion fruits, and guavas all year round will definitely make this home the talk of the town.
This home is conveniently located near local parks, boutique shopping, popular dining destinations, and is served by the highly acclaimed Arcadia Unified School District. With easy access to major freeways, Santa Anita Mall, and the Los Angeles County Arboretum, this property offers an exceptional balance of comfort, tranquility, and everyday convenience.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | No longer available | - | |
| No longer available | |||
| Mar 5, 2026 | Listed by First Team Real Estate | $1,888,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017