Listed by: Caroline Khabbaz, Coldwell Banker Realty
$910,000
●
House -
Off Market
2073 Wheeler Drive
Monterey Park, CA 91755
3 Beds
1 Bath
1,248 Ft²
$4,321
Est. Monthly
About This Property
A charming and move in ready home, sited on a beautiful tree lined
street, featuring three bedrooms and one bath
nestled in the heart of Monterey Park with timeless appeal and thoughtful layout. Featuring hardwood floor in entry, living, dining and
bedrooms, spacious living room anchored by a beautiful wood burning fireplace. Adjoining dining room for your
elegant entertaining and an attached approximately 300 square feet of enclosed sun room/family room (not included
in main square footage) with river rock gas fire place makes this room the perfect spot to sip your morning coffee or for
your wonderful gatherings. Nice size yard for your outdoor entertaining with room to add on and expand.
The kitchen boasts oak cabinets with ample storage and counter space. A breakfast area with beautiful window overlooking the front yard and a functional laundry room with more storage space. Attached two car garage completes this amazing home.
Schools, parks, shops, the Market Place (Costco, Home Depot, restaurants etc.), are all near by.
Look no more this is the perfect starter home
nestled in the heart of Monterey Park with timeless appeal and thoughtful layout. Featuring hardwood floor in entry, living, dining and
bedrooms, spacious living room anchored by a beautiful wood burning fireplace. Adjoining dining room for your
elegant entertaining and an attached approximately 300 square feet of enclosed sun room/family room (not included
in main square footage) with river rock gas fire place makes this room the perfect spot to sip your morning coffee or for
your wonderful gatherings. Nice size yard for your outdoor entertaining with room to add on and expand.
The kitchen boasts oak cabinets with ample storage and counter space. A breakfast area with beautiful window overlooking the front yard and a functional laundry room with more storage space. Attached two car garage completes this amazing home.
Schools, parks, shops, the Market Place (Costco, Home Depot, restaurants etc.), are all near by.
Look no more this is the perfect starter home
Unit Size
1,248 Ft²
Days on Market
51 days
Land Size
0.16 acres
Price per sqft
$705
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 3 years ago (CRMLS #AR24123600)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Listed by Coldwell Banker Realty | $880,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Monterey Park
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Listed by: Caroline Khabbaz, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# AR24123600
Last Updated: 3 years ago
Data Source: CRMLS, MLS# AR24123600
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