$1,510,000
●
House -
Off Market
1940 W Mountain Street
Glendale, CA 91201
3 Beds
3 Baths
2,090 Ft²
$2,228,923
RealtyHop Estimate
31.19%
Since Jan 1, 2021
CA-Los Angeles
Primary Model
About This Property
Rare Opportunity! Charming home located in Prime Glendale area
adjacent to Burbank's Elmwood Canyon. With its large lot and
geographical location, this property is offering endless
possibilities. Entry of the home is taking you to the welcoming
leaving room by following the formal dining room. Kitchen is
opening to the nice cozy family room. Three bedrooms and three
bathrooms. Master bedroom has a large bathroom and walking closet.
The back yard is the entertainer's dream come true with its grand
gazebo, where you'll feel you are in an open air living and dining
room, complete with its BBQ corner, sink, refrigerator and all of
the amenities needed for relaxation and entertaining. Besides the
gazebo there is the huge flat area of grass that can be used to
expand the living space or build an ADU and why not, maybe even
throw a pool there too. In other words, use your imagination.
Unit Size
2,090 Ft²
Days on Market
101 days
Land Size
0.36 acres
Price per sqft
$813
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921
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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: 13 months ago (CRMLS #320003143)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2020 | Sold | ||
| Sold | |||
| Sep 7, 2020 | Listed by Coldwell Banker Hallmark | $1,699,000 | |
| Listed by Coldwell Banker Hallmark | |||
Property Highlights
Fireplace
Garage
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 El Miradero
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sara Magpapian, Coldwell Banker Hallmark
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 320003143
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 320003143
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