$1,310,000
●
House -
Off Market
4424 Briggs Avenue
Montrose, CA 91020
3 Beds
1 Bath
2,319 Ft²
$1,056,393
RealtyHop Estimate
0.61%
Since Apr 1, 2022
CA-Los Angeles
Primary Model
About This Property
FIXER FIXER FIXER!!!! Sitting in a desirable Montrose neighborhood
sits this 1914 built home situated on a MASSIVE +/-11,000 sq
ft lot. This property is in major disrepair and is calling all of
the creatives to come bring all of the potential to life. The
existing house has 3 bedrooms, 2 bathrooms, and features a generous
+/-2300 sq ft floor plan. The detached garage in the rear of the
property could be a perfect starting point for a 2nd dwelling on
the property. As an added bonus, there is an easement at the rear
of the property making access a breeze for the contractors & new
owners. Tour the property and bring your offer, it will be tough to
find another one like this!
Unit Size
2,319 Ft²
Days on Market
26 days
Land Size
0.26 acres
Price per sqft
$453
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1914
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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: 12 months ago (CRMLS #P1-8229)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2022 | Sold | ||
| Sold | |||
| Jan 30, 2022 | Listed by Keller Williams Real Estate Services | $1,050,000 | |
| Listed by Keller Williams Real Estate Services | |||
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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Status
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Type
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ft²
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HOA + Taxes
About La Crescenta-Montrose
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Listed by: Justin Jenewein, Keller Williams Real Estate Services
Last Updated: 12 months ago
Data Source: CRMLS, MLS# P1-8229
Last Updated: 12 months ago
Data Source: CRMLS, MLS# P1-8229
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