$450,000
●
House -
Off Market
1701 E San Marcus Street
Compton, CA 90221
3 Beds
2 Baths
1,096 Ft²
$654,482
RealtyHop Estimate
45.44%
Since Jan 1, 2020
CA-Los Angeles
Primary Model
About This Property
PROPERTY WAS CONVERTED TO 3 BEDROOM AND 2 BATHROOM HOME WITH
PERMITS AND PLANS APPROVED BY THE CITY OF COMPTON. THE GARAGE CAN
BE CONVERTED TO DU. THE HOME WAS PAINTED INSIDE AND OUT. THE GARAGE
WAS JUST RENOVATED WITH FRESH PAINT AND A WHOLE NEW REMOTE CONTROL
DOOR OPENER. THE ENTRANCE TO THE HOME HAS A NUMERIC CODE INSTEAD OF
A KEY AND RING DOOR BELL SYSTEM. NEW WALL HEATER WAS INSTALLED! NEW
CEILING FAN WAS INSTALLED WITH REMOTE CONTROL AS WELL. THE BACKYARD
IS HUGE WITH AVOCADO AND LEMON TREE PLUS MORE! THE DRIVEWAY IS LONG
ENOUGH TO FIT TWO-THREE CARS!
Unit Size
1,096 Ft²
Days on Market
57 days
Land Size
0.13 acres
Price per sqft
$411
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: 4 months ago (CRMLS #DW19243443)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2019 | Sold | ||
| Sold | |||
| Oct 17, 2019 | No longer available | - | |
| No longer available | |||
| Oct 15, 2019 | Listed by Remax Innovative | $450,000 | |
| Listed by Remax Innovative | |||
| May 30, 2019 | Listed | $455,000 | |
| Listed | |||
| | |||
|
The property is currently under construction. This will soon be a 3 Bedroom 2 Bathroom home with permits and plans approved by the city of compton. The garage was just renovated with fresh paint and a whole new remote control door. The entrance to the home has a numeric code instead of a key and ring door bell system. The backyard is huge! The manager has listed the unit size as 1096 square feet.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Compton
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Listed by: Maria Pan, Remax Innovative
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19243443
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19243443
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