$1,205,016
●
House -
Off Market
5016 RANCHITO Avenue
Sherman Oaks, CA 91423
3 Beds
1 Bath
1,475 Ft²
$1,435,462
RealtyHop Estimate
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
About This Property
3 bed 2 bath located in the Fashion Square neighborhood in Sherman
Oaks. Built by Paul Trousdale, one of LA's most prominent builders,
and situated on a 8,496 sqft lot! In the living room, a wall of
windows showcase the backyard & the fireplace is a stylish
enhancement. Recently updated kitchen w/ newer countertops, sink &
freshly painted cabinets. The dining area has views of the yard &
patio. Master bed at the rear of the home has a wall of closets &
backyard views. A 2nd bed offers ample closet space. These rooms
share a full bath. 3rd bedroom w/ en-suite 3/4. Surrounded by a
privacy fence, fruit trees & foliage, the large rear yard provides
ample space to entertain. The covered patio is a perfect setting
for al fresco dining & the lawn is just waiting for you to sit and
bask in the So. Cal sun. Room for a pool! 2 car garage, gated
driveway w/ lots of parking, laundry rm, newer roof, newer dual
pane windows, pre-wired for alarm, newer central AC/heat.
Unit Size
1,475 Ft²
Days on Market
51 days
Land Size
0.20 acres
Price per sqft
$668
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 (CLAW #19504660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2019 | Sold | ||
| Sold | |||
| Sep 4, 2019 | Listed by RE/MAX ESTATE PROPERTIES | $985,000 | |
| Listed by RE/MAX ESTATE PROPERTIES | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
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
Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Elizabeth Marquart, RE/MAX ESTATE PROPERTIES
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 19504660
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 19504660
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