37
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7051 Chimineas Avenue
About This Property
There are two bedrooms with the primary bedroom having mirrored wardrobe closets and windows that open up into the family room. The hallway full bath has a custom tile tub and shower area and a very nice vanity. The second bedroom or office also has mirrored wardrobe closets as well. This room has access to the beautiful family room. As you walk into the over approximate 400 square foot family room you will notice so many things. This room is bright and open with windows all around. This room can be sectioned off making an additional bedroom and still have room for a den/family room or office. Again when you relax in this large room you will see the beautiful grounds of the backyard, the lush landscaping and array of beautiful trees. The family room has another access that can go into the large 1 car garage. In this garage, you will have the laundry hookups , with the Maytag washer and dryer included. There is something special built into the garage area and that is a Sauna a working Sauna to relax and rehab in. In the beautiful backyard there are 3 sheds that will be staying which offers plenty of storage. Relax in this beautiful peaceful backyard. Other amenities include central air and heating and upgraded electrical, newer roof. What more can you want from this beautiful Reseda home? Located in one of Resedas finest neighborhoods and close to schools and freeway. Stay a while and picture yourself, living in this home. This lot is over 7200 sq ft and perfect for a future ADU!
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by Pinnacle Estate Properties, Inc. | $769,950 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017