1
Map
$575,000
●
House -
Off Market
7507 Jellico Avenue
Lake Balboa, CA 91406
3 Beds
2 Baths
1,328 Ft²
$847,521
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Beautiful Lake Balboa.This is a 3 Bedroom 2 Bathroom home. Inside
has been freshly painted. Wood like floor in living room. Bedrooms
all have brand new carpet. Closets are cedar lined. Off
living room is a plant/office enclosed room. Bathroom upgraded with
tile wall in shower, new cabinet. Great size. Huge Kitchen with
built in bar.Kitchen is waiting for buyers touch. Dining room off
Kitchen.Bedrooms all have new carpet. This home has many
solid wood doors. Separate entrance in back yard that could
possible be ADU. Newer Central A/C and Heat. Newer Roof.Garage has
washer and dryer hookup. Gas or 220V.Front and back yard are fully
fenced. Fully landscaped with grass, plants and fruit trees. One
car garage.Home has a ton of character and waiting for the right
buyer.Home has many original 1950s Wood doors and cute
accents.
Unit Size
1,328 Ft²
Days on Market
95 days
Land Size
0.13 acres
Price per sqft
$436
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 days ago (CRMLS #219010080)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Aug 12, 2019 | Listed by Alternative Realty Group | $579,000 | |
| Listed by Alternative Realty Group | |||
Property Highlights
Garage
Air Conditioning
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
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Julia O'Hara, Alternative Realty Group
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 219010080
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 219010080
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