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7321 Leescott Avenue
About This Property
Hardwood floors run through most of the home. The living room, with its brick fireplace, extends back to a sliding glass door and covered patio. The dining area sits beside the original galley kitchen, with a double wall oven and gas cooktop, ready to be reimagined. The primary bedroom has access to the backyard and an en suite bath with a tiled walk-in shower.
The block-walled backyard offers open space, established fruit trees, a detached screened patio enclosure, a storage shed, and room to expand or add an ADU (buyer to verify). A wide driveway leads to the attached two-car garage with direct access and washer and dryer hookups.
Shopping and dining along Sherman Way and Balboa Blvd are about a quarter mile away. Lake Balboa Park, with its 27-acre lake and bike path, and the Sepulveda Basin Recreation Area are under two miles from the house, and the 405 and 101 freeways are each within about two and a half miles. Gault Street Elementary, Mulholland Middle and Birmingham Community Charter High are close by. Sold as-is. A fixer suited to a renovate and resell or a long-term hold in the San Fernando Valley of Los Angeles.
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Listed by Keller Williams Beverly Hills | $749,000 | |
| Listed by Keller Williams Beverly Hills | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017