$1,500,000
●
House -
Off Market
2159 Lorain Road
San Marino, CA 91108
3 Beds
1 Bath,
1
Half Bath
1,823 Ft²
$2,326,096
RealtyHop Estimate
72.43%
Since Mar 1, 2016
CA-Los Angeles
Primary Model
About This Property
Set on picturesque Lorain Road, this south facing San Marino
Spanish style home is an absolute gem. The three bedroom, two
bathroom home with hardwood floors throughout has great potential
for expansion, repairs and updates. The home is welcoming from the
moment you walk along the pathway and through the lovely front
garden. The entry leads to the spacious living room with fireplace
and formal dining room. There is a light filled breakfast room with
built-ins adjacent to the kitchen and an enclosed sun room that
opens to the backyard on the other side of the dining room. The
master bedroom has an oversized closet and large window with an
abundance of natural light. The two additional bedrooms, two baths
and laundry room complete the floorplan. The backyard features a
large open grass area
Unit Size
1,823 Ft²
Days on Market
20 days
Land Size
0.24 acres
Price per sqft
$740
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1935
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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 #P0-316000062)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Prosperity Real Estate Inc | $2,896,000 | |
| Listed by Prosperity Real Estate Inc | |||
| | |||
|
Introducing a newly custom-built home completed in 2020, located in the highly sought-after city of San Marino, renowned for its award-winning San Marino School District. This single-story South-facing residence was substantially rebuilt in 2020. The present owners have added an artistic touch and modern look to the residence. While the original front and side wood frames were retained to comply with city architectural guidelines, virtually everything else is brand new, including the floor plan, walls, roof, flooring, electrical and plumbing systems, windows, doors, fixtures, and all interior finishes. In addition to the kitchen, this home also features a Woke or Butler's Kitchen. The result is a modern high-end home offering the comfort and efficiency of a newly constructed home, while honoring the neighborhood’s architectural character.
| |||
| Feb 1, 2016 | Sold | ||
| Sold | |||
| Jan 12, 2016 | Listed by Coldwell Banker Residential Brokerage | $1,349,000 | |
| Listed by Coldwell Banker Residential Brokerage | |||
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Marino
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Listed by: Janice McGlashan, Coldwell Banker Residential Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-316000062
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-316000062
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