$469,000
●
House -
Off Market
2023 Maiden Lane
Altadena, CA 91001
2 Beds
1 Bath
751 Ft²
$699,694
RealtyHop Estimate
39.94%
Since Jul 1, 2020
CA-Los Angeles
Primary Model
About This Property
Investors Delight & Fixer Upper! 2 bedrooms, 1 living room,
kitchen, pantry, and 1 bathroom. Actual house looks bigger than 751
square feet. Lots TLC needed! Large 7,959 square feet lot.
Privately located in a quiet and nice neighborhood with private
gate! Long driveway. Great opportunity to build your dream house
and endless possibilities! All utilities are off. Cash offer only.
Virtual tour:
https://www.dropbox.com/s/be8qsstzlzthmmb/2923%20maiden.MOV?dl=0
Unit Size
751 Ft²
Days on Market
57 days
Land Size
0.18 acres
Price per sqft
$666
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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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 (CRMLS #TR20080450)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2022 | No longer available | - | |
| No longer available | |||
| Apr 12, 2022 | In contract | - | |
| In contract | |||
| Apr 1, 2022 | Listed by Keller Williams Realty | $690,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Calling all investors/developers/builders, please see renderings of future project! Plans for a BRAND NEW 4 bedroom, 3 bathroom 2,126 sq ft single family home with a new 460 sq ft 2-car garage and new 402 sq ft ADU have been submitted with the City. ADU is above the garage with an additional sleeping area, bathroom and kitchen. This Altadena property sits on a large 7,959 sq ft lot; in an already quiet neighborhood that offers lots of privacy with a long driveway. The current structure is 751 sq ft with 2 bedrooms and 1 bathroom. Lots of TLC needed but a great opportunity to build the plans that have been submitted with the City. This opportunity won't last long. Cash offers only. All utilities are off. The manager has listed the unit size as 751 square feet.
| |||
| Jun 23, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by PYC Financial | $500,000 | |
| Listed by PYC Financial | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Altadena
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Listed by: Yuan Le, PYC Financial
Last Updated: 4 months ago
Data Source: CRMLS, MLS# TR20080450
Last Updated: 4 months ago
Data Source: CRMLS, MLS# TR20080450
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