$735,000
●
House -
Off Market
2418 El Paseo
Alhambra, CA 91803
3 Beds
2 Baths
1,369 Ft²
$1,104,704
RealtyHop Estimate
58.27%
Since Jul 1, 2017
CA-Los Angeles
Primary Model
About This Property
Behind the attractive cottage exterior is a brand new home!
Originally a 2 bed/1 bath house, this Granada Park home has been
expanded and reconfigured into a modern and spacious 3 bed/2 bath
home. Taken down to the studs in 2016, every major system has been
updated: new roof, new furnace and AC, new electrical with 200 amp
service and new wiring, new plumbing including new water service to
the home, new doors and windows, new indoor fire sprinkler system,
and foundation bolted and supported. And of course the interior has
been updated for modern living, with a new, large master suite with
dual closets and separate outdoor area, new kitchen with quartz
counters, stainless appliances and soft close cabinets, and even a
dedicated laundry room. You have to see for yourself to really
appreciate all that this home has to offer.
Unit Size
1,369 Ft²
Days on Market
34 days
Land Size
0.14 acres
Price per sqft
$510
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936
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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 #P0-317004405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2017 | Sold | ||
| Sold | |||
| May 18, 2017 | Listed by Keller Williams Realty | $698,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Alhambra
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Listed by: Michael Wu, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317004405
Last Updated: 4 months ago
Data Source: CRMLS, MLS# P0-317004405
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