6849 De Celis Place
About This Property
The well-laid-out kitchen is ready for your personal touch, featuring sleek countertops, stainless steel appliances, and plenty of cabinet space for storage. A standout feature of this home is a large separate studio with a kitchenette and a private entrance, perfect for guests, extended family, or as a potential rental opportunity. Additionally, you have a separate 2-car garage. Outside, the property spans a large 10,199 square foot lot, offering abundant space for outdoor activities, entertaining, and potential expansion. Tons of parking in the gated property ensure convenience and security.
Located in a highly desirable area adjacent to Encino, residents enjoy easy access to top-rated schools, fine dining, shopping, and entertainment options. This property presents a rare opportunity to own a retreat in one of Los Angeles' most sought-after neighborhoods with easy access to local freeways.
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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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Redfin Corporation | $998,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017