$1,390,000
●
House -
Off Market
422 Walnut Avenue
Arcadia, CA 91007
3 Beds
3 Baths
2,111 Ft²
$1,233,669
RealtyHop Estimate
2.81%
Since May 1, 2023
CA-Los Angeles
Primary Model
About This Property
Welcome to this highly desirable north-facing single-level home
with pool in the heart of Arcadia. Arrive at the circular driveway
with double door wood entry doors to the home with an open layout.
This wonderful opportunity to reimagine a traditional 1941 home
awaits your creative input to transform the interior and exterior
into the home of your dreams. Already has a new roof and central
air and heat with permits. Enjoy the California weather with a pool
and spa in the backyard. Park in the spacious circular driveway and
the 2-car garage that is tucked away behind the home with a long
driveway and driveway gate. Close to shopping, dining, and major
attractions including the LA County Arboretum, Santa Anita Park,
The Shops at Santa Anita, and the Irwindale Speedway.
Unit Size
2,111 Ft²
Days on Market
18 days
Land Size
0.20 acres
Price per sqft
$568
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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: 3 days ago (CRMLS #P1-12965)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | Listed by Sotheby's International Realty, Inc. | $1,200,000 | |
| Listed by Sotheby's International Realty, Inc. | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Arcadia
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Listed by: Michael Bell, Sotheby's International Realty, Inc.
Last Updated: 3 days ago
Data Source: CRMLS, MLS# P1-12965
Last Updated: 3 days ago
Data Source: CRMLS, MLS# P1-12965
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