$612,000
●
House -
Off Market
3218 Hempstead Avenue
Arcadia, CA 91006
2 Beds
1 Bath
904 Ft²
$917,221
RealtyHop Estimate
49.14%
Since Sep 1, 2018
CA-Los Angeles
Primary Model
About This Property
Building department will allow another house to be build on this
property. Buyer is advised to verify with Los Angeles county
building department for more information on the procedure to get
approval for the ADU. Wonderful opportunity. This Beautiful
property is on the market for the First time in 50 years. It is
currently owned by it's second owner. It is a charming 2 bedroom 1
bathroom home that has been well maintained. New Paint interior and
exterior. Newer Central air and forced air heat. Tiled Bathroom has
been remodeled. Tile and Hardwood flooring throughout. Newer
windows. It has a large kitchen with wood cabinetry and tiled
counter tops. An eating area that has French doors leading to the
large outdoor covered patio. New paint inside and out. Backyard has
two large grassy yard areas. 2 car garage includes washer and dryer
area. Long cement driveway with space that will accommodate a RV,
Boat or several cars. Attention Builders, Perfect opportunity for
someone that wants to add on. Address is Arcadia . School district
is El Monte.You must stop by and see this property today.
Unit Size
904 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$680
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #P0-818002787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by Coldwell Banker Realty | $615,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
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 North El Monte
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Currently no similar homes aroundNearby Rentals
Listed by: Barbara Campanella, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-818002787
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-818002787
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