Listed by: Gilda Johnson, Seven Gables Real Estate
$1,617,000
●
House -
Off Market
18841 Taft Avenue
Villa Park, CA 92861
3 Beds
2 Baths
1,472 Ft²
$8,102
Est. Monthly
About This Property
Rare opportunity to own a piece of Villa Park's history! This
unique property includes two parcels totaling over 20,000 sq. ft.,
located in the heart of Villa Park off Taft Avenue and Daron Drive.
The first parcel features a charming 1950s bungalow-style home with
a two-car detached garage. Inside, the remodeled kitchen opens to a
warm and inviting living room with a cozy fireplace, along with a
dining room that leads to a quaint brick-paved courtyard and a
spacious grassy area with beautiful shade trees.
The primary suite includes a private, remodeled bathroom with a walk-in shower. Two additional guest bedrooms and a remodeled guest bathroom are located down the hall, offering ample space for family or visitors.
The second parcel is an expansive vacant lot with mature orange, lemon, persimmon, and pomegranate trees, waiting for your vision. This land has not been on the market in over 145 years, belonging to one of Villa Park's original landowners. Don't miss this chance to create something special in a truly historic setting!
The primary suite includes a private, remodeled bathroom with a walk-in shower. Two additional guest bedrooms and a remodeled guest bathroom are located down the hall, offering ample space for family or visitors.
The second parcel is an expansive vacant lot with mature orange, lemon, persimmon, and pomegranate trees, waiting for your vision. This land has not been on the market in over 145 years, belonging to one of Villa Park's original landowners. Don't miss this chance to create something special in a truly historic setting!
Unit Size
1,472 Ft²
Days on Market
20 days
Land Size
0.46 acres
Price per sqft
$1,121
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #PW24228970)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Seven Gables Real Estate | $1,650,000 | |
| Listed by Seven Gables Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Villa Park
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Listed by: Gilda Johnson, Seven Gables Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24228970
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24228970
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