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La Crescenta-Montrose 91214 La Crescenta-Montrose
2428 Olive Avenue
$740,000
● House - Off Market

2428 Olive Avenue

La Crescenta, CA 91214
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,597 Ft²
$1,120,482
RealtyHop Estimate
49.60%
Since Mar 1, 2019
CA-Los Angeles
Primary Model

About This Property

Gorgeous upgraded single story home in highly desirable upper Briggs area of La Crescenta with Blue Ribbon Schools.This spacious & affordable home is in immaculate condition & located in a great neighborhood on a private street high above Foothill with versatile floor plan.Open concept kitchen,formal dining room,elegant living room with fireplace,Private Master retreat with spa tub,separate shower,sitting area & walk-in closet.Gourmet eat-in kitchen,granite counters,all new appliances & breakfast bar. Easy care yard with lush plants & mature trees in front yard and an entertaining deck in the back surrounded by mountains.Ideal home for extended families or home office with separate access to 2nd & 3rd bedrooms and a full bath.Other special features include smooth ceilings,recessed lighting & hardwood floors thru-out,Central air & heat and 2 car attached garage+2 more driveway parking. Property is freshly painted & is in move-in condition.Easy freeway access,20 minutes to Down Town LA.
Unit Size
1,597 Ft²
Days on Market
29 days
Land Size
0.10 acres
Price per sqft
$469
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1943

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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: 5 months ago (CRMLS #319000219)

Price History

Date / Event Date Event Price
Feb 14, 2019 Sold
Premium
Sold
Jan 16, 2019 Listed by Re/Max Optima $749,000
Listed by Re/Max Optima
Nov 29, 2018 No longer available -
No longer available
Sep 6, 2018 Listed $799,997
Listed
Wow!!! Move in condition!! This large 1,595 square foot house is located at the top of the hill on a quiet cul-de-sac! Features include 3 bedrooms, 2 bathrooms, remodeled kitchen with granite counter tops and new stainless steel appliances, formal dining room, living room with fireplace, master suite with walk-in closet and spa tub, central heat and air, all new carpet, all new paint, hardwood floors, recessed lighting, patio, mountain view, and 2 car attached garage with laundry area!!! The manager has listed the unit size as 1595 square feet.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,180
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO LA CANADA
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LS 13-12 1/2 VAC ST ADJ ON N AND LOT 62

Neighborhood

  • School District Name: Glendale Unified School District
  • Census Tract: 300100

Zoning

  • Zoning: LCR171/2

Geography

  • Assessors Map Reference: 11-E5
  • Parcel: 5867-013-038
  • Lot: 62
  • Municipality: NORTH /GLEN NO FOOTHIL
  • Latitude: 34.2371
  • Longitude: -118.232

    Address

  • Full Address: 2428 Olive Ave
  • Address - House Number: 2428
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: La Crescenta
  • Carrier Code: C008
  • 4-Digit Zip Code: 2210
  • Zip Code: 91214

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $870,692
  • Tax Rate Code Area: 04-103

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,557,102
  • High Value: 1,904,956
  • Low Value: 1,209,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $793,425
  • Assessed Land Value: $634,741
  • Assessed Improvements Value: $158,684

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Feb 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 19-0135477
  • Previous Sale Recording Date: Oct 18, 2010
  • Previous Sale Contract Date: Sep 09, 2010
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About La Crescenta-Montrose

Stats & Trends

Median Asking:

$1,300,000

Sale Price/ft²

$757

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2907 ft²

Average Home Age

66 years

Currently For Sale

20 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2519 Manhattan Avenue, MONTROSE, CA, 91020

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,186 ft²
2519 Manhattan Avenue, MONTROSE, CA, 91020 Listing by Artin Sarkissian
Unit for rent at 3323 Reta Street, LA CRESCENTA, CA, 91214

$6,250 /mo

  • 4 Beds
  • 2 Baths
  • 1,374 ft²
3323 Reta Street, LA CRESCENTA, CA, 91214 Listing by Nicholas Cosfol
Unit for rent at 3040 Orange Avenue, LA CRESCENTA, CA, 91214

$5,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,736 ft²
3040 Orange Avenue, LA CRESCENTA, CA, 91214 Listing by Michael Shaar

Rentals Near You

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CRMLS

Listed by: Nooshin Zarrabi, Re/Max Optima
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 319000219
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently Asked Questions

When was property at 2428 Olive Avenue built and last sold?
The property at 2428 Olive Avenue was built in 1943 and last sold on Jan 31, 2019 for $740,000.
How much is this home worth?
The estimated value of the home located at 2428 Olive Avenue is $780,568.
What are some comparable homes to 2428 Olive Avenue?
There are currently no comparable homes to 2428 Olive Avenue.
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