$537,000
●
House -
Off Market
2858 Sterling Place
Altadena, CA 91001
2 Beds
1 Bath
1,026 Ft²
$949,982
RealtyHop Estimate
86.64%
Since Nov 1, 2014
CA-Los Angeles
Primary Model
About This Property
This storybook character home built in 1928 features a living room
with beam ceiling, wood floors and a tiled fireplace. The formal
dining room opens to the kitchen which has an abundance of storage,
Corian counters, vintage stove & custom cabinetry. There are two
spacious bedrooms with wood floors and a full bath. The homes
kitchen, bathroom and windows have been lovingly updated. In
addition to the main house there is an un-permitted ancillary
structure of approximately 723sf which contains a large great room,
industrial style kitchen with washer dryer hook-up, bedroom and
full bath that is perfect for use as an artist studio, in-law unit
or home office. Located in a quiet north Altadena neighborhood this
home is close to JPL, hiking trails, Hahamonga Watershead Park and
also features a peaceful back yard with large shade tree and brick
patio.
Unit Size
1,026 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$496
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928
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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: 2 years ago (CRMLS #P0-314031339)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2014 | Sold | ||
| Sold | |||
| Sep 15, 2014 | Listed by Sotheby's International Realty, Inc. | $509,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Altadena
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Listed by: Lynne Jennings, Sotheby's International Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-314031339
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-314031339
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