1
Map
$560,000
●
House -
Off Market
733 N Sanchez Street
Montebello, CA 90640
3 Beds
1 Bath
1,304 Ft²
$839,282
RealtyHop Estimate
49.07%
Since Oct 1, 2018
CA-Los Angeles
Primary Model
About This Property
Montebello - 3 bedrooms home Shows well. The Metro Gold Line
Atlantic Station***And*** Metrolink Montebello/Commerce station are
close by with
multiple shuttle services providing access. Major Development going in near by. This Growing area is extremely Close to Downtown Los Angeles. "Sanchez" is a very wide Attractive Street. Some Very expensive and upscale homes are in an area with many LONG term occupants. Buyers worried about rates could consider A 2nd Dwelling Unit (ADU). The "Unique" location and placement of this home with it's semi-private (corner), *Please check and confirm ADU requirements. The home appears in Move-In condition, but may need some updating. A New(er) Heating and A/C units appear to have been installed. The fireplace is considered for decoration only. Multiple schools are very close to subject property. Nice home offered at a decent price. Priced for a quick sale.
multiple shuttle services providing access. Major Development going in near by. This Growing area is extremely Close to Downtown Los Angeles. "Sanchez" is a very wide Attractive Street. Some Very expensive and upscale homes are in an area with many LONG term occupants. Buyers worried about rates could consider A 2nd Dwelling Unit (ADU). The "Unique" location and placement of this home with it's semi-private (corner), *Please check and confirm ADU requirements. The home appears in Move-In condition, but may need some updating. A New(er) Heating and A/C units appear to have been installed. The fireplace is considered for decoration only. Multiple schools are very close to subject property. Nice home offered at a decent price. Priced for a quick sale.
Unit Size
1,304 Ft²
Days on Market
160 days
Land Size
0.15 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 4 months ago (CRMLS #CV18070982)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Mar 31, 2018 | Listed by MICHELLE LOWE REAL ESTATE | $563,000 | |
| Listed by MICHELLE LOWE REAL ESTATE | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About Montebello
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Currently no similar homes aroundNearby Rentals
Listed by: MICHELLE LOWE, MICHELLE LOWE REAL ESTATE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV18070982
Last Updated: 4 months ago
Data Source: CRMLS, MLS# CV18070982
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