$555,000
●
House -
Off Market
1719 Loretta Lane
Santa Ana, CA 92706
3 Beds
2 Baths
1,197 Ft²
$806,098
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
LOCATION, LOCATION, LOCATION!! This sweet cottage-style home is
freeway convenient to the 22, 5 and 57 freeways and a short drive
to Disneyland, Angel's Stadium, The Honda Center, the Santa Ana
Zoo, the Discovery Cube Children's Museum and the Main Place Mall.
This mid-century, single story home has been in the same family for
decades. Grandpa's back yard fruit trees are a family legend
(kumquat, mango, guava and orange) ... with some imagination and
some elbow grease, this could be the home where you create your own
stories. Original oak hardwood floors, wide-open kitchen with newer
tile floors can very easily become a modern, open family kitchen.
Screened porch on rear of home could be used as additional space
for entertaining - or converted to an open patio, your choice. 3
bedrooms - one with en-suite bathroom, with a second bath down the
hall. Central air will keep you cool while you build sweat equity
in your new, home.
Unit Size
1,197 Ft²
Days on Market
44 days
Land Size
0.14 acres
Price per sqft
$459
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #PW19180294)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2019 | Sold | ||
| Sold | |||
| Jul 13, 2019 | Listed by T.N.G. Real Estate Consultants | $550,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
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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Status
Status
Type
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Baths
ft²
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Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Trask Fairview
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Listed by: Jane Noltensmeier, T.N.G. Real Estate Consultants
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19180294
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19180294
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