2606 Greenfield Ave
About This Property
At the rear of the property, a 1,200 SqFt Accessory Dwelling Unit (ADU) with a private entrance generates steady rental income. It features a dedicated backyard, and a wide, covered front patio. Inside, the open-concept main level is spacious and bright, featuring a kitchenette, a dining area, a bathroom, a laundry area, and a spacious living room with a full-wall bookshelf, offering flexibility to add more rooms. Upstairs, a spacious bedroom completes this income-generating asset. Between the main residence and the ADU is a vast, park-like oasis-a meticulously maintained, generous greenspace, enriched by a centuries-old tree, and many mature fruit trees, persimmon, lychee, guava, jackfruit, mango, banana, and orange, a children's play ground, and detached 2 car-garage & 2 car carport. This space holds endless potential for grand-scale entertaining or ambitious projects, whether installing a resort-style pool, a pickleball court, or building additional fully customized estate. Located within the award-winning Arcadia Unified School District, the home is moments away from the Los Angeles County Arboretum, the Westfield Santa Anita Mall, fine dining, and more. This is not just a move-in-ready home-This is a smart opportunity to own a home with immediate comfort, steady income, and long-term potential in one of Southern California's most sought-after communities. Contact us today to schedule a private viewing and claim this extraordinary property as your own.
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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 |
|---|---|---|---|
| Feb 12, 2026 | Sold | ||
| Sold | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Dec 30, 2025 | Relisted | $2,100,000 | |
| Relisted | |||
| Dec 14, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Listed by RE/MAX ELITE REALTY | $2,100,000 | |
| Listed by RE/MAX ELITE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017