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5531 Wiseburn Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 16, 2020 | In contract | - | |
| In contract | |||
| Nov 14, 2020 | No longer available | - | |
| No longer available | |||
| Sep 29, 2020 | Listed | $974,999 | |
| Listed | |||
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BE SURE TO VIEW THE VIRTUAL TOUR. Call agent to view. 310.989.8287 Do you remember when suburban neighborhoods did not equate to an additional one to two hour commute for work? These homes and neighborhoods still do exist in locals that don’t necessarily forgo location and a prime example is presented via this Hollyglen beauty located at 5531 Wiseburn. Nestled on a street less traveled, this home enjoys a location that garners no traffic and a serene quiet for hours at a time. Hollyglen is home of the highly accredited Wiseburn Unified School District and schools are walkable for students K through 12 with Da Vinci High School being the furthest away at one miles distance. Hollyglen features running/walking trails and Hollyglen Park. The community is adjacent to I-405, Costco, LAX, Trader Joes, the beach, Google, Tesla, Los Angeles Air Force Base and multiple Aerospace companies including SpaceX, Boeing, and Northrop Grumman. Ready for move-in, this Manhattan Beach adjacent property is a must see. The home boasts recently remodeled kitchen and bathrooms, is freshly painted and the original oak hardwood floors are refinished and gorgeous. The new homeowner will also enjoy amenities such as front and back yards which are tastefully landscaped and easy to maintain, an attached and finished full two car garage, interior washer/dryer area and dual paned sliding glass windows throughout, just to name a few. Did we mention ocean breezes? What's more to ask for? Make this home yours. The manager has listed the unit size as 1345 square feet.
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| Mar 13, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017