Listed by: Albert Hairapetian, Arbitrage Real Estate Group
$1,415,000
●
House -
Off Market
1900 Crestshire Drive
Glendale, CA 91208
3 Beds
3 Baths
2,445 Ft²
$6,850
Est. Monthly
About This Property
Bring your contractor. This home has incredible potential and
is located in the highly sought-after Verdugo Woodlands! Owned by
the same family for decades and sold it its current AS IS
condition.
There is a foyer leading to a living room or step-down family room. The dining area features a balcony that overlooks the pool.
Step into the family room, where beamed ceilings and a welcoming fireplace create a warm and inviting atmosphere. A convenient wet bar makes entertaining a breeze, with easy access to the expansive backyard.
Upstairs, there are 3 bedrooms, including a master suite that features its own private bath, a walk-in closet
The backyard has a lot of potential as well.
This home is a fantastic opportunity to personalize a beloved property in a prime location. With the right contractor and rehab team, this home can be an incredible gem. Priced for an immediate sale.
There is a foyer leading to a living room or step-down family room. The dining area features a balcony that overlooks the pool.
Step into the family room, where beamed ceilings and a welcoming fireplace create a warm and inviting atmosphere. A convenient wet bar makes entertaining a breeze, with easy access to the expansive backyard.
Upstairs, there are 3 bedrooms, including a master suite that features its own private bath, a walk-in closet
The backyard has a lot of potential as well.
This home is a fantastic opportunity to personalize a beloved property in a prime location. With the right contractor and rehab team, this home can be an incredible gem. Priced for an immediate sale.
Unit Size
2,445 Ft²
Days on Market
56 days
Land Size
0.31 acres
Price per sqft
$571
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #GD24224983)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Price Decreased |
$1,395,000
↓ $105K
(7%) | |
| Price Decreased | |||
| Oct 31, 2024 | Listed by Arbitrage Real Estate Group | $1,500,000 | |
| Listed by Arbitrage Real Estate Group | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Verdugo Woodlands
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Listed by: Albert Hairapetian, Arbitrage Real Estate Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD24224983
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD24224983
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