$440,000
●
House -
Off Market
474 Via Luneto
Montebello, CA 90640
2 Beds
1 Bath
953 Ft²
$669,315
RealtyHop Estimate
67.35%
Since Aug 1, 2016
CA-Los Angeles
Primary Model
About This Property
Property appraised in May 2016 at $420,000. See attached
supplements for recent appraisal.
Cute turnkey corner lot home with a two car garage and space on the side which can be used as a carport or as needed - 25 feet deep, so possibly an RV. The home was extensively updated with dual pane windows throughout, new doors, new interior and exterior paint, remodeled kitchen and bathrooms.
Kitchen was completely remodeled with new sub floor, wall to wall vinyl, new cabinets with the slow close drawers and new countertops. The seller also added a custom kitchen pantry with glass doors. Bathroom was remodeled with new subfloor, new toilet, new tub, large medicine cabinet, and additional storage.
Property takes up a majority of the entire block in length. Walls and shrubs on the perimeter of the home are tall enough, so you can enjoy your spacious backyard in private or use your yard to host large gatherings.
Cute turnkey corner lot home with a two car garage and space on the side which can be used as a carport or as needed - 25 feet deep, so possibly an RV. The home was extensively updated with dual pane windows throughout, new doors, new interior and exterior paint, remodeled kitchen and bathrooms.
Kitchen was completely remodeled with new sub floor, wall to wall vinyl, new cabinets with the slow close drawers and new countertops. The seller also added a custom kitchen pantry with glass doors. Bathroom was remodeled with new subfloor, new toilet, new tub, large medicine cabinet, and additional storage.
Property takes up a majority of the entire block in length. Walls and shrubs on the perimeter of the home are tall enough, so you can enjoy your spacious backyard in private or use your yard to host large gatherings.
Unit Size
953 Ft²
Days on Market
59 days
Land Size
0.11 acres
Price per sqft
$420
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 5 months ago (CRMLS #AR16097530)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2016 | Sold | ||
| Sold | |||
| May 8, 2016 | Listed by Century 21 Masters | $399,950 | |
| Listed by Century 21 Masters | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Montebello
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Douglas Lee, Century 21 Masters
Last Updated: 5 months ago
Data Source: CRMLS, MLS# AR16097530
Last Updated: 5 months ago
Data Source: CRMLS, MLS# AR16097530
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