1
Map
$500,000
●
House -
Off Market
7415 Cloverlawn Drive
South Gate, CA 90280
3 Beds
2 Baths
1,658 Ft²
$763,826
RealtyHop Estimate
49.80%
Since May 1, 2018
CA-Los Angeles
Primary Model
About This Property
Located in highly regarded "Hollydale" community, this home has
been well maintained. Seller is original owner and has taken very
good care of this home. Built on a raised floor foundation, the
quality of build on this home is extraordinary. Large living room
with fireplace, dining area off of kitchen. Originally a 2 bedroom
1.5 bath home with a den/bedroom. Master bedroom with full bath has
been added and home now shows with 3 bedrooms and 2 full baths. All
bedrooms are very large. Den/bedroom is still intact with
fireplace. All additions have been permitted. Roof was replaced
approximately 10 years ago. Seller states that plumbing has been
replaced with copper plumbing.Hardwood floors throughout much of
the home. Double detached garage provides long concrete driveway
with gate. Lots of gardening opportunities with this home. Don't
miss this move-in condition home.
Unit Size
1,658 Ft²
Days on Market
104 days
Land Size
0.12 acres
Price per sqft
$308
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #PW18003428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2018 | Sold | ||
| Sold | |||
| Jan 5, 2018 | Listed by Realty Executives Select | $509,900 | |
| Listed by Realty Executives Select | |||
Property Highlights
Garage
Parking Available
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 South Gate
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Listed by: Johnny Carmona, Realty Executives Select
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18003428
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18003428
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