Listed by: Carey Haynes, COMPASS
$3,425,000
●
House -
Off Market
4234 Shepherds Lane
La Canada Flintridge, CA 91011
4 Beds
3 Baths
2,776 Ft²
$14,485
Est. Monthly
About This Property
Resting behind a treelined street of heritage oak trees, this
idyllic property offers luxurious opportunity within a serene
neighborhood of La Canada Flintridge. Coveted for its privacy,
quiet appeal and iconic setting, Shepherds Lane delivers a backdrop
to LA Living at its finest. Encompassed within a substantial lot of
18,787 square feet, this home faces west while opening to a lush
and spacious yard. This single-story home gives way to 4 bedrooms
and 3 bathrooms, with a country style kitchen, formal dining room
and large family room. Outside, the drive leads to a detached
garage and an additional 550 square foot guesthouse at the back of
the lot. The property is complete with a natural stone pool and
raised spa with waterfall while a lush lawn blankets the grounds
with a park-like appeal. Enjoy living in a natural setting while
being moments from Descanso Gardens, trails in Cherry Canyon and
shopping in town. Within reach of all that Los Angeles has to
offer, Shepherds Lane and La Canada Flintridge render a unique
opportunity to develop your dream home.
Unit Size
2,776 Ft²
Days on Market
28 days
Land Size
0.43 acres
Price per sqft
$1,063
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 years ago (CRMLS #P1-19349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by COMPASS | $2,950,000 | |
| Listed by COMPASS | |||
Property Highlights
Air Conditioning
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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Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About La Canada Flintridge
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Listed by: Carey Haynes, COMPASS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# P1-19349
Last Updated: 3 years ago
Data Source: CRMLS, MLS# P1-19349
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