$950,000
●
House -
Off Market
1830 Lee Avenue
Arcadia, CA 91006
3 Beds
1 Bath,
1
Half Bath
1,280 Ft²
$1,614,184
RealtyHop Estimate
69.91%
Since May 1, 2016
CA-Los Angeles
Primary Model
About This Property
Lovely 3 bedroom home w/1 and 1/2 baths, Full bath has separate tub
and shower, 1/2 bath has been remodeled Plus bonus room has
(additional 103 SQ FT not included in Tax Assessors record) Living
room w/ wood burning fireplace w/ gas starter. Formal dining area
w/ beautiful view of the large backyard. Bright Kitchen w/tiled
counter tops, Stainless steel appliances & breakfast area. Hardwood
floors and Some upgraded copper plumbing, 2 car garage w/ long
driveway & R.V. Parking. Lot is over 8010+SQ.FT. Great Location
within walking distance to Arcadia Schools! Beautiful quiet
cul-de-sac. Seller is in escrow with the purchase of a vacant home,
Submit all offers. Buildable lot is over 8010 SQ FT . Location,
Location, Location. A must see.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$742
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 2 years ago (CRMLS #P0-316001350)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2019 | No longer available | - | |
| No longer available | |||
| Dec 30, 2018 | No longer available | - | |
| No longer available | |||
| Dec 28, 2018 | Listed | $1,180,000 | |
| Listed | |||
| | |||
|
Approved plans to build a two story 3,413 Sq Ft single family home on a 8,010 Sq Ft lot. Price includes approved full set of architectural plans. Buyer would need to pay for school fees and pull permits to start building. Located on a quiet, tree lined street in a prime Arcadia location within the award winning Arcadia School District. Walking distance to schools, library and shopping. Don't miss out this rare opportunity to build your dream home. Excellent location for a Builder or Investor. The manager has listed the unit size as 1280 square feet.
| |||
| Sep 24, 2018 | Listed | $1,180,000 | |
| Listed | |||
| | |||
|
This land listing is for the sale of the lot and it is subject to the tear down of the current structure. Approved plans to build a two story 3,413 Sf. Ft. single family home on 8,010 Sq. Ft. Lot. Price includes approved full set of architectural plans. Buyer needs to pay school fees and pull permits to start building. Located on a quiet tree lined street in prime Arcadia location within the award winning Arcadia School District. Walking distance to schools, library and shopping. Don't miss out on this rare opportunity to build your dream home. Excellent location for a builder or investor.
| |||
| Apr 7, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Arcadia
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Listed by: Barbara Campanella, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-316001350
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-316001350
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