$675,000
●
House -
Off Market
725 Orange Grove Avenue
Glendale, CA 91205
1 Bed
1 Bath
785 Ft²
$756,464
RealtyHop Estimate
16.56%
Since Aug 1, 2021
CA-Los Angeles
Primary Model
About This Property
Cozy 1 bedroom charming home with a separate converted garage as a
2nd unit in the heart of Glendale. Just minutes away from Jon's
supermarket & close to The Americana at Brand, The Glendale
Galleria and plenty of restaurants. The main house is accessed from
Orange Grove & the converted garage has a driveway off of Everett
with room to park 3 cars. There is a private enclosed patio with a
built-in gas grill & extra storage space. The bedroom has a large
closet, flooring is hardwood throughout the bedroom & living rooms
& tile flooring in kitchen and bathroom. Newer windows & plenty of
natural sunlight. The converted garage has a kitchenette, 3/4 bath
and tile flooring. Buyer to verify all permits. Excellent condo
alternative with privacy & no HOA dues. Priced to sell fast.
Probate sale with no court confirmation.
Unit Size
785 Ft²
Days on Market
35 days
Land Size
0.08 acres
Price per sqft
$827
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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: 2 years ago (CRMLS #320006251)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Coldwell Banker Hallmark | $649,000 | |
| Listed by Coldwell Banker Hallmark | |||
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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HOA + Taxes
About Citrus Grove
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Listed by: Aram Kodzhavakyan, Coldwell Banker Hallmark
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 320006251
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 320006251
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