$750,000
●
House -
Off Market
3553 Mevel Place
Glendale, CA 91214
3 Beds
1 Bath
1,533 Ft²
$1,170,008
RealtyHop Estimate
67.14%
Since Oct 1, 2016
CA-Los Angeles
Primary Model
About This Property
Great mid-century home located in the Crescenta Highlands area of
Glendale. Award winning Glendale School District. BRING YOUR
INVESTORS, 1031 EXCHANGE BUYERS,BUYER'S LOOKING FOR INCOME
PROPERTY. The home was just painted & new carpet was installed. 2
car detached garage, lovely yard with patio cover. Tenant has a
lease until 8-1-17. Close to schools, parks, etc. Mountain views,
minutes to downtown Los Angeles, downtown Glendale, Studios.
Unit Size
1,533 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$457
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #P0-316008137)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | Listed | $875,000 | |
| Listed | |||
| | |||
|
Nestled in the Foothills of La Crescenta near the top of the hill in a quiet neighborhood with award winning La Crescenta BLUE RIBBON SCHOOLS. The house is elevated above the street providing views of the La Crescenta Valley and Verdugo Mountains. This home offers an excellent floor plan with an entry that flows past the living room and into the family room with adjacent kitchen and adjoining laundry room. The sliding glass door from the family room leads to a covered patio which is the perfect place to enjoy the private landscaped back yard. Bedrooms are down the hallway which has plenty of storage. New HVAC was installed this year and it will keep you comfortable all year round. The classic single story mid-century design has great street appeal and features diamond pane windows that add additional character to this charming house. The paver driveway leads to a detached 2 car garage. A diamond in the rough, this is your opportunity to refresh and update this home to make it your own. PLEASE SUBMIT BACK UP OFFERS The manager has listed the unit size as 1533 square feet.
| |||
| Sep 20, 2016 | Sold | ||
| Sold | |||
| Aug 29, 2016 | Listed by Berkshire Hathaway Home Servic | $700,000 | |
| Listed by Berkshire Hathaway Home Servic | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About Crescenta Highlands
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Listed by: Jan Thornton, Berkshire Hathaway Home Servic
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-316008137
Last Updated: 2 years ago
Data Source: CRMLS, MLS# P0-316008137
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