Listed by: Gavin Lindeen, Pinnacle Estate Properties, Inc.
$775,000
●
House -
Off Market
7118 Shirley Avenue
Reseda, CA 91335
3 Beds
2 Baths
1,098 Ft²
$3,634
Est. Monthly
About This Property
Discover the charm of 7118 Shirley Ave, Reseda. This beautifully
maintained 3-bedroom, 2-bathroom home is nestled in a peaceful
neighborhood and features an array of remarkable amenities.
Notably, it includes an added bathroom attached to the primary
bedroom--a unique attribute for this community.Outside, the
property does not disappoint with its great curb appeal. The large,
enclosed patio, equipped with ceiling fans, is ideal for year-round
enjoyment. Additionally, a delightful orange tree in the backyard
promises lush, seasonal fruits. This home is not only about comfort
but also about quality, with full copper plumbing and a radiant
barrier installed in the attic to enhance energy efficiency.
Additionally, the water heater was replaced in 2018, and the AC and
furnace are well-maintained, serviced biannually. While the
major components of the home are in excellent condition, there's
ample opportunity for you to infuse your personal style and
cosmetic enhancements to create your dream space. Don't miss the
chance to make this well-loved house your new home. It's ready for
its next chapter with you.
Unit Size
1,098 Ft²
Days on Market
84 days
Land Size
0.14 acres
Price per sqft
$674
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 years ago (CRMLS #224001874)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Pinnacle Estate Properties, Inc. | $740,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Gavin Lindeen, Pinnacle Estate Properties, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 224001874
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 224001874
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