$910,000
●
House -
Off Market
74 La Paz Court
Simi Valley, CA 93065
5 Beds
4 Baths,
2
Half Baths
4,308 Ft²
$949,665
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Incredible View home below the cross in Madera Hills fronting open
space. This property is a hiking playground with a mountainside of
a lot. Take a quick little hike to the top of the lot and look over
Simi Valley. There is soooo much potential with this one. Home sits
on a flag lot at the end of a cul-de-sac and a shared private
driveway. Features 1 downstairs bedrooms and bathroom with a large
bonus room that could be utilized as a guest house. Expansive rooms
downstairs with 2 fireplaces. The slider off back leads to the
outside pool and spa area which also has a shed for pool supplies
etc. Upstairs master features a fireplace with a balcony to enjoy
gorgeous Whiteface mountain. You won't be able to get over the
views on this home. There are also 3 other bedrooms upstairs with 2
additional bathrooms. Dual paned windows and sliders. Great
opportunity to turn this view home into the way you want it. RV
clean out and plenty of space for RV and Boat
Unit Size
4,308 Ft²
Days on Market
104 days
Land Size
0.83 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
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Cap Rate Calculator
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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: 11 months ago (CRMLS #222003723)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2022 | Sold | ||
| Sold | |||
| Jul 23, 2022 | Listed by eXp Realty of California Inc | $899,900 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Simi Valley
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Listed by: Sean San Jose, eXp Realty of California Inc
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 222003723
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 222003723
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