1
Map
$622,000
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House -
Off Market
6604 Mclennan Avenue
Lake Balboa, CA 91406
3 Beds
1 Bath
1,125 Ft²
$952,408
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
This Lake Balboa charmer is the home you have been waiting for!
This 3 bed, 1 bath pool home situated in this fantastic
neighborhood is light and bright throughout. Many upgrades
throughout this home include dual pane windows, wood floors, window
treatments, plantation shutters and ceiling fans. Updated galley
kitchen with newer cabinets, counter tops and stainless steel
appliances and cute bench seating for an eat in kitchen.
Other notable recent upgrades include newer sewer line, pool
pump, insulation, heating and air conditioning. Enjoy this pool
home just as the warm summer months are approaching. With easy and
close access to the 101 and 405 freeways this home is centrally
located for all your needs.
Unit Size
1,125 Ft²
Days on Market
57 days
Land Size
0.14 acres
Price per sqft
$577
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 3 days ago (CRMLS #219006476)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2022 | No longer available | - | |
| No longer available | |||
| Apr 20, 2022 | In contract | - | |
| In contract | |||
| Apr 1, 2022 | Listed by Compass | $969,000 | |
| Listed by Compass | |||
| | |||
|
Exclusively Listed by Esther Hickman, Compass - 310-600-7306. The manager has listed the unit size as 1460 square feet.
| |||
| Jul 25, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Aviara Real Estate | $649,000 | |
| Listed by Aviara Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Danny Chhan, Aviara Real Estate
Last Updated: 3 days ago
Data Source: CRMLS, MLS# 219006476
Last Updated: 3 days ago
Data Source: CRMLS, MLS# 219006476
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