353 W L Street
About This Property
Step inside to a family room flowing into a cozy dining area with built-ins. The kitchen has been updated with refreshed cabinets, countertops, fixtures, and a garbage disposal. A versatile flex room leads to a utility area equipped with washer/dryer hook-ups and a utility sink. Dual-pane windows, ceiling fans, and central HVAC ensure comfort in every season.
Outside, enjoy ample parking with a detached carport and RV access, plus covered front porch, spacious yard, and clothesline. The backyard offers development potential, whether for an ADU or creative expansion. Located next to the historic Colton Crossing and close to schools, shopping, hospitals, freeways, and central to LA and Riverside, this home offers both charm and convenience.
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | Price Increased |
$400,000
↑ $30K
(8.1%) | |
| Price Increased | |||
| Aug 28, 2025 | Listed by BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY | $369,900 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 2, 2020 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017