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20855 Baltar Street
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Aug 5, 2026 | Listed by Keller Williams SELA | $670,000 | |
| Listed by Keller Williams SELA | |||
| Jun 10, 2026 | Sold | ||
| Sold | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Listed by REDFIN CORPORATION | $765,000 | |
| Listed by REDFIN CORPORATION | |||
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This prime Winnetka fixer-upper at 20855 Baltar St presents a rare "diamond in the rough" opportunity for investors, flippers, or savvy buyers looking to build immediate sweat equity. Situated in a quiet, established San Fernando Valley neighborhood, this 3-bedroom, 2-bathroom single-family residence features a spacious 1,383-square-foot floor plan on an expansive lot. The interior highlights include a mid-century brick fireplace and large French doors that invite natural light, offering a seamless flow to the backyard. While the property requires significant cosmetic updates and modernizing, the "good bones" and traditional ranch-style layout provide the perfect foundation for a contemporary transformation.
The exterior serves as a massive value-add, featuring an in-ground swimming pool (currently empty) that is ready to be restored into a private summer retreat. Surrounded by mature greenery and a covered patio, the backyard offers the privacy and space required for high-end landscaping or a potential ADU addition (buyer to verify). The listing includes virtually staged photos to demonstrate the property's incredible potential once renovated with modern finishes. Priced competitively at $765,000, this home is a strategic entry point into the 91306 real estate market. Whether you are looking for your next renovation project or a custom home, 20855 Baltar St is a high-upside investment in a sought-after Los Angeles County pocket.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017