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3719 Pacific Avenue
About This Property
upgraded TRI-LEVEL home is a massive 4,867 sq ft dwelling boasting 6 bedrooms and 5 Baths on a 9,346 sq ft lot. A dramatic entry to the
large foyer area of the home takes you to jaw-dropping 16 ft high ceilings, travertine floors, and a marble-lined fireplace. A private guest
room and bath tucked away off the side of the entry. Upon passing the grand entry you come to a modernized kitchen with quartz
countertops and stunning new stainless steel appliances. Adjacent to the kitchen is a family room and dining area perfect for entertaining.
Let's go up to the second level. The half spiral staircase takes you to a master bedroom, fireplace and his and her bath. An additional
Master bedroom with a fireplace and balcony that overlooks the palms trees and neighborhood to the front of the house. 3 more spacious
bedrooms are also on this 2nd level. The tri-level area of the home is perfect as an exercise room, additional office, spare room, project
area or storage. Wait till you see the 3rd-floor outside deck! Amazing 180-degree panoramic views of the city. Beautiful quiet mornings on
this deck or relaxing afternoon sunsets. Your backyard is a well-manicured green lawn with a fountain in the center and a large storage
unit in the back. A large ironwood gate and abundant yard space to build even more to your heart's desire.
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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 |
|---|---|---|---|
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by Keller Williams Pacific Estate | $1,500,000 | |
| Listed by Keller Williams Pacific Estate | |||
| Nov 6, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by Edward Scott Rickter, Broker | $1,179,000 | |
| Listed by Edward Scott Rickter, Broker | |||
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Exceptional custom-built home in Los Cerritos / Virginia Country Club neighborhood. Ideal for private residence, investment, home-office, or multi-generational living. Open concept Italian Mediterranean architecture with up to 12' - 16' high ceilings. 5 Bdrms, 4.5 Baths, 3 gar., and 4 fireplaces. Two stories plus 3rd fl deck with panoramic city views. Newer HVAC equipment, windows, appliances, and plumbing fixtures. 400 amp elect. panel. No HOA. Ticor Escrow and Title will be used per seller. Priced substantially below appraised value for fast sale. House is in excellent condition. Sellers are moving out of state. Sold as-is. Offers with repair contingencies will be rejected. Offers need to include: Signed RPA, lender DU loan pre-approval (or proof of all-cash funds), credit scores, and proof of deposit/down payment. Email offers, Attn: Edward Scott Rickter, Broker. Shown by appt. only. (Note: Broker is owner/occupant).
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017