$789,012
●
House -
Off Market
521 Olmsted Drive
Glendale, CA 91202
3 Beds
2 Baths
1,571 Ft²
$1,338,937
RealtyHop Estimate
79.09%
Since May 1, 2015
CA-Los Angeles
Primary Model
About This Property
A rare combination of meticulously preserved original charm &
character along with modern updates for comfort living in this
beautiful 1925 built Spanish home located in the highly desirable
Northwest Glendale area | 3 generously sized bedrooms
PLUS a bonus room that can be used as an office/den/guest room
| 2 bathrooms - one with a full tub located in the
hallway & the other with a standing shower in the master bedroom
| Formal living room with vaulted barrel ceiling and
Batchelder fireplace | Large kitchen with custom tile
backsplash behind the stainless steel stove/oven & countertops,
breakfast nook to soak in all the natural sunlight, Thermador
built-in refrigerator, dishwasher & access to a California basement
| Hardwood flooring | Central air conditioning &
heating, copper plumbing, earthquake retrofitting & updated
electrical panel | Large backyard with patio for
entertaining, grassy area for playing & avocado tree |
Detached 2 car garage with a drive way.
Unit Size
1,571 Ft²
Days on Market
27 days
Land Size
0.16 acres
Price per sqft
$476
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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: 13 months ago (CRMLS #315002681)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2015 | Sold | ||
| Sold | |||
| Mar 18, 2015 | Listed by Keller Williams R. E. Services | $747,653 | |
| Listed by Keller Williams R. E. Services | |||
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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ft²
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HOA + Taxes
About Glenwood
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Currently no similar homes aroundNearby Rentals
Listed by: Toma Barseghian, Keller Williams R. E. Services
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 315002681
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 315002681
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