5707 Pickering Avenue
About This Property
Stunning remodeled custom home! Walk in to a bright and spacious living room with a beautiful fireplace and built-in bookshelves. Large dining area is right off of the kitchen. 2 bedrooms and 1 bathroom upstairs. Master bedroom, kitchen and deck area boasts west and southwest views and on a clear day can see Downtown LA. Third bedroom and bathroom are downstairs along with a bonus room that could be a bedroom, family room, rumpus, or game room! The downstairs also has potential for rental income. The backyard features a deck off of the kitchen as well as a manicured yard and patio. Drive down the driveway with an electric gate into your detached 2 car garage. Upgrades include new floors and baseboards, recessed lighting, brand new stainless steel appliances, quartz countertops, remodeled kitchen and bathrooms, new paint, light fixtures, dual paned windows, central A/C and heat, plumbing and electrical upgrades, and landscaping. Close to hiking trails, Historic Uptown Whittier shopping and dining, the newly developed Groves underway, close to freeways (5 min to 605) and 20 minutes to downtown L.A. Neighborhood features custom homes, tons of charm and character, sidewalks, mature trees, and sits at the base of the Whittier Hills and blocks from the Hellman Hiking Trail. This gorgeous, practically new, home with great value will not last!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 2, 2020 | Sold | ||
| Sold | |||
| Apr 27, 2020 | Listed by Purunjian Inc. | $725,000 | |
| Listed by Purunjian Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017