$889,000
●
House -
Off Market
4903 ARGUS Drive
Los Angeles, CA 90041
3 Beds
2 Baths
1,671 Ft²
$1,041,063
RealtyHop Estimate
48.94%
Since Jul 1, 2018
CA-Los Angeles
Primary Model
About This Property
It's quiet here, except for the birds and the occasional distant
sounds of band practice and football games at the high school
several blocks away. After you walk up the 23 steps to the front
door, you'll feel like you are in a secret world of views, trees,
air, and peace. Right in the heart of Eagle Rock, a couple of
blocks from Colorado Blvd, close to schools, the Modan ramen place,
the Green Dragon Chinese Restaurant, the organic deli and grocery
store, to name just a few. This midcentury ranch has been home to
the same family for over 60 years and now it's empty and clean and
ready for the next owners to love it and make it their own. There
is a lot of space here - 3 bedrooms, 1 1/2 baths, a den and a
family room (all with permits), as well as a balcony, a patio, and
a yard with space for a vegetable garden. There is a bonus
"storage" space with 1/2 bath above the 2-car garage, so you can
actually park your cars and have that music studio or home office
with its own door. So much l
Unit Size
1,671 Ft²
Days on Market
48 days
Land Size
0.15 acres
Price per sqft
$418
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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: 4 months ago (CLAW #18340724)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2019 | Sold | ||
| Sold | |||
| Nov 30, 2018 | Listed by Compass | $1,199,000 | |
| Listed by Compass | |||
| | |||
|
Perched above the street in Eagle Rock this beautifully remodeled mid-century looks out onto hillside & greenbelt views throughout. This bright home was renovated from the studs & feat an open-concept floor plan, white oak floors, recessed lighting, all new Milgard windows & high-end finishes. Main house has 3 bdrms & 3 bthrms + den. Living room area feat a fireplace & hillside views through a large picture window. Both the main living area & master bedrm lead out to the back yard through sliding doors, making indoor/outdoor flow perfect for entertaining. The chef's kitchen feat Carrera marble countertop, waterworks subway backsplash and stainless appl including a prof grade Bertazzoni range. Front-facing guest bdrm has a balcony w views. 2nd guest bdrm w en-suite bth. The master bdrm features a walk-in closet & en-suite bath w Carrera marble, glass enclosed shower & double vanity. ADU w separate access feat full kitch & bthrm. Around the corner from shopping & dining on Colorado Blvd
| |||
| Jun 21, 2018 | Sold | ||
| Sold | |||
| May 4, 2018 | Listed by Compass | $699,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East LA
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Listed by: Tracy King, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18340724
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18340724
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