$996,500
●
House -
Off Market
1921 ADDISON Way
Los Angeles, CA 90041
3 Beds
1 Bath
1,120 Ft²
$1,074,623
RealtyHop Estimate
43.47%
Since Mar 1, 2020
CA-Los Angeles
Primary Model
About This Property
Check all your boxes off with this charming 3-bedroom, 2-bath home
that has much more than appears on title. Once a house that was
challenged and then flipped, it's now a wonderful opportunity for a
homebuyer to have their piece of the real estate dream that seems
increasingly impossible in the lotus-eater's dream city. Want a
cat-io for your indoor felines? Want a poultry house that rivals
some condos? How about a big fenced front yard for gardens, a large
deck shaded by a bearing citrus tree, walkways, and a long driveway
ample enough for a couple of cars. There is a back structure that
has a laundry room, a bathroom, and another room ideal for an
office or a person-cave, or whatever you decide. Located
walking distance from Eagle Rock Jr/Sr high schools, the Yosemite
Park, Recreation Center and Public Swimming Pool, close to shops,
cafes, and all the amenities that make living in Los Angeles's own
small town the pleasure it is.
Unit Size
1,120 Ft²
Days on Market
34 days
Land Size
0.15 acres
Price per sqft
$669
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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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: 4 months ago (CLAW #20542310)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2020 | Sold | ||
| Sold | |||
| Jan 9, 2020 | Listed by Compass | $749,000 | |
| Listed by Compass | |||
Property Highlights
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 East LA
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Listed by: Tracy King, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20542310
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20542310
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