Listed by: Vanessa Brink, Boulevard Estate Properties OTB
$725,000
●
House -
Off Market
18748 Roscoe Boulevard
Northridge, CA 91324
2 Beds
1 Bath
784 Ft²
$3,379
Est. Monthly
About This Property
Welcome to 18748 Roscoe Blvd, Northridge, CA! This property
presents an exciting opportunity for investors, builders, and
developers alike. Situated on a spacious 6,002 square foot lot,
this 784 square foot house offers ample potential for renovation
and expansion.
Featuring 2 bedrooms and 1 bathroom, this fixer-upper residence provides a blank canvas for creative vision. The inclusion of a washer/dryer, stove, and refrigerator in the sale adds immediate value and convenience for prospective buyers.
Whether you're looking to remodel and modernize the existing structure or explore possibilities for redevelopment, this property is brimming with potential.
The prime location in Northridge, CA, adds to the appeal, with convenient access to local amenities, schools, parks, and transportation routes. With its great price and promising potential, this property won't stay on the market for long.
Don't miss out on this opportunity to invest in a property with endless possibilities.
Featuring 2 bedrooms and 1 bathroom, this fixer-upper residence provides a blank canvas for creative vision. The inclusion of a washer/dryer, stove, and refrigerator in the sale adds immediate value and convenience for prospective buyers.
Whether you're looking to remodel and modernize the existing structure or explore possibilities for redevelopment, this property is brimming with potential.
The prime location in Northridge, CA, adds to the appeal, with convenient access to local amenities, schools, parks, and transportation routes. With its great price and promising potential, this property won't stay on the market for long.
Don't miss out on this opportunity to invest in a property with endless possibilities.
Unit Size
784 Ft²
Days on Market
117 days
Land Size
0.14 acres
Price per sqft
$878
Property Type
House
Property Taxes
-
HOA Dues
-
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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: 3 years ago (CRMLS #SR24056747)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by Boulevard Estate Properties OTB | $688,000 | |
| Listed by Boulevard Estate Properties OTB | |||
Property Highlights
Air Conditioning
Fireplace
Comparables
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ft²
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About South Valley
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Listed by: Vanessa Brink, Boulevard Estate Properties OTB
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24056747
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SR24056747
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