$864,000
●
House -
Off Market
6233 TIPTON Way
Los Angeles, CA 90042
2 Beds
1 Bath
872 Ft²
$1,115,531
RealtyHop Estimate
48.94%
Since Jul 1, 2018
CA-Los Angeles
Primary Model
About This Property
Every so often, a home comes along that stops you in your
tracks-you know you've really found something special. Welcome to
6233 Tipton Way: a deco-style mid-century gem situated on over
12,000 sq. ft. of land transformed into a drought-tolerant paradise
by a certified Master Gardener. Take your morning coffee up to the
"zen den" and watch the sun rise over the mountains, or stay inside
and bask in the radiant natural light that streams through the bay
windows. The home rests on a quiet cul-de-sac and boasts original
hardwood floors, updated electrical, multiple decks perfect for
outdoor entertaining, and an 8-zone irrigation system that makes
garden maintenance both easy and eco-friendly. Those looking to
expand can explore the possibility of building an accessory
dwelling unit with privacy and spectacular views. If you've been
looking for a slice of pastoral life without sacrificing proximity
to all that Highland Park and the city have to offer, welcome home.
Unit Size
872 Ft²
Days on Market
29 days
Land Size
0.29 acres
Price per sqft
$859
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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 (CLAW #18349332)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by Pacific Union International | $749,000 | |
| Listed by Pacific Union International | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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About East LA
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Listed by: Alexandra Newman, Pacific Union International
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18349332
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18349332
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