1
Map
$525,000
●
House -
Off Market
7438 Aldea Avenue
Van Nuys, CA 91406
4 Beds
2 Baths
1,397 Ft²
$886,712
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Welcome home to this lovely upgraded Mid-Century Modern home in
Lake Balboa area of Van Nuys. The home features Eichler-inspired
windows in the kitchen which has been upgraded with granite counter
tops, slate backsplash, 18 inch travertine tile flooring, new
garbage disposal and stainless steel appliances. New paint and
carpet and newer engineered hardwood flooring. AC and ductwork was
replaced in 2012 and roof was replaced in 2011. New garage door in
2015. Newer dual pane windows and sliders with some small single
pane windows remaining. The front fencing features wrought iron
with masonry columns with a retractable gate and the home is
located on a cul-de-sac street. Very large walk-in closet for the
Master bedroom! Centrally located to shopping and freeways. If you
are looking for a turn-key home that is ready for someone to move
into before school starts, this it it! Don't miss out on this great
home!
Unit Size
1,397 Ft²
Days on Market
59 days
Land Size
0.14 acres
Price per sqft
$376
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: 15 hours ago (CRMLS #216008105)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2016 | Sold | ||
| Sold | |||
| Jun 10, 2016 | Listed by Aviara Real Estate | $525,000 | |
| Listed by Aviara Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About South Valley
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Listed by: Richard Powell, Aviara Real Estate
Last Updated: 15 hours ago
Data Source: CRMLS, MLS# 216008105
Last Updated: 15 hours ago
Data Source: CRMLS, MLS# 216008105
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