$315,000
●
Land -
Off Market
610 S 4th Avenue
La Puente, CA 91746
Studio
0 Bath
$467,640
RealtyHop Estimate
33.61%
Since Nov 1, 2020
CA-Los Angeles
Primary Model
About This Property
VACANT LAND IN THE EQUESTRIAN AREA OF LA PUENTE READY FOR A NEW
HOME. THIS HORSE PROPERTY IN THE AVOCADO HEIGHTS AREA OF LA PUENTE
IS ABOUT 20 MINUTES FROM DOWNTOWN LOS ANGELES. EASY ACCESS TO THE
THE 605 AND 60 FREEWAYS AND VERY CLOSE TO SHOPPING AND RESTAURANTS.
THERE ARE PLANS APPROVED FOR A SINGLE FAMILY RESIDENCE, ABOUT 3,000
SQUARE FEET OF LIVING AREA. CURRENTLY WAITING FOR THE FINAL
CORRECTIONS FOR THE GRADING PLANS. !!!!!!!!REDUCED
PRICE!!!!!!!
Unit Size
-
Days on Market
138 days
Land Size
0.50 acres
Price per sqft
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Property Type
Land
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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 (CRMLS #RS20103262)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2020 | Sold | ||
| Sold | |||
| May 28, 2020 | Listed by Realty Executives Select | $350,000 | |
| Listed by Realty Executives Select | |||
| May 2, 2020 | No longer available | - | |
| No longer available | |||
| Dec 4, 2019 | Listed | $419,000 | |
| Listed | |||
| | |||
|
VACANT LAND HORSE PROPERTY READY FOR A NEW HOME IN THE AVOCADO HEIGHTS AREA, CITY OF LA PUENTE. THIS PROPERTY IS SITUATED IN EQUESTRIAN AREA WITHIN 20 MILES OF DOWNTOWN LOS ANGELES. EASY ACCESS TO THE 60, 605 FREEWAYS. CURRENTLY PLANS ARE AT THE FINAL STAGES OF BEING APPROVED FOR A 3,00 SQ. FT. SINGLE FAMILY RESIDENCE CONSISTING OF 4 BEDROOMS, 5 BATHS, OFFICE AND 2 CAR GARAGE. THIS LOT IS LARGE ENOUGH TO POSSIBLY MAKE OTHER ADDITIONS SUCH AS HORSE STABLES AND OR A SECOND RESIDENTIAL UNIT.
| |||
| Jul 28, 2017 | Sold | ||
| Sold | |||
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About Avocado Heights
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Listed by: Luis Flores, Realty Executives Select
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS20103262
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS20103262
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