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2462 Lita Place
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 2, 2024 | Listed by eXp Realty of Greater Los Angeles Inc. | $864,999 | |
| Listed by eXp Realty of Greater Los Angeles Inc. | |||
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Welcome to 2462 Lita Place! Nestled in a cul-de-sac in central Simi Valley, this charming two-story home features 4 bedrooms, 3 bathrooms, and offers 1,997 sq ft of comfortable living space! Step inside to discover a spacious dining room with vinyl flooring, adjacent to the generously sized and remodeled kitchen. The kitchen boasts elegant quartz countertops complemented by sleek stainless steel appliances, creating a stylish culinary haven. This open-concept kitchen flows seamlessly into the large family room, which provides direct access to the backyard via sliding glass doors. Down the hall, you'll find a powder room and a separate living room, currently utilized as a 5th bedroom. With plenty of space and a cozy fireplace, this living room is ideal for large families needing extra room.Venture upstairs to explore three well-appointed bedrooms, including the primary suite with a remodeled ensuite bathroom and walk-in closet, as well as a remodeled full bathroom equipped with quartz countertops in the hallway. The large deck, with direct access from the primary suite, offers tranquility and a great view of the neighborhood.Outside, you'll find a spacious backyard with fruit trees, including grapefruit and lemon, along with a custom-covered patio that provides plenty of privacy, perfect for outdoor relaxation and al fresco dining. Parking is convenient with the oversized driveway and 2-car garage. Additional upgrades include recessed lighting, dual-pane windows throughout the entire home, a water purification and softening system, and a solar system.This home is conveniently located near shopping centers like CVS, restaurants such as Don Cucos and Fridays, and is only minutes away from the nearest freeway entrance. Additionally, it's close to the amazing magnet school, Santa Susana High School. Don't miss the opportunity to make this beautiful residence your own, offering comfort, style, and convenience in the heart of Simi Valley!
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| Mar 31, 2016 | Sold | ||
| Sold | |||
| Oct 30, 2015 | Listed by Acadia Real Estate | $514,950 | |
| Listed by Acadia Real Estate | |||
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About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017