3515 Linwood Place
About This Property
that feels like home, welcome to 3515 Linwood Place, a 3 bedroom, 1.75
bath, Wood Streets classic filled with original charm in a wonderful
neighborhood. Built in 1948, this home features original hardwood floors,
lots of natural light, and an original vintage kitchen in beautiful condition
with original wood cabinets all the way up to the ceiling. Two bathrooms
thoughtfully restored to their 1948 glory. A very nice layout with no weird
additions gives the home great flow. Three generously sized bedrooms with
ample closet space, a large laundry room, central AC & heat, a cozy
fireplace, and a tankless water heater for modern convenience. Recent
improvements include new fixtures, fresh interior paint, with a new roof and
exterior paint completed in 2024, making it truly move-in ready. The
detached two-car garage sits at the end of an extra-long driveway with
additional parking behind the garage via alley access. The detached
garage has excellent ADU conversion potential (buyer to verify all permits
and requirements). The backyard is a private retreat with fruit trees,
flowers, shade, and perimeter walkways perfect for relaxing, gardening or
entertaining. Adding to the appeal, the home's first trust deed has an
assumable $191k VA loan at an incredible 2.25% interest rate (buyer to
qualify). A rare opportunity to own a vintage gem with character, comfort,
and value in one of Southern California's most charming neighborhoods.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by RedRock | $705,000 | |
| Listed by RedRock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017