$680,000
●
House -
Off Market
7603 Forest Avenue
Whittier, CA 90602
3 Beds
2 Baths
1,405 Ft²
$862,643
RealtyHop Estimate
38.02%
Since Aug 1, 2020
CA-Los Angeles
Primary Model
About This Property
This North Whittier home is situated on a large 7,434 sqft lot in a
very peaceful low traffic neighborhood. Three large bedrooms, two
full bathrooms, and a separate laundry room can be found inside
this 1,405 sqft house, which has many of the mid century (1951)
details that are sought out by investors and homebuyers. Some
updates include kitchen cabinets, appliances, bathrooms, central
air conditioner and heating, electrical, roof, irrigation, Plus
Sunroom (not included in sq ft). Located near Whittier
College, walking distance to Michigan Park and Penn Park, and a
short drive or bike ride to Old Town. Most neighboring homeowners
have owned in this special community for 10-20+ years. Priced
to sell! Make this home into your dream home with some TLC. Great
investment opportunity.
Unit Size
1,405 Ft²
Days on Market
24 days
Land Size
0.17 acres
Price per sqft
$445
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 5 months ago (CRMLS #219044199DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2020 | Listed by Regency Residential | $625,000 | |
| Listed by Regency Residential | |||
| | |||
|
This North Whittier home is situated on a large 7,434 sqft lot in a very peaceful low traffic neighborhood. Three large bedrooms, two full bathrooms, and a separate laundry room can be found inside this 1,405 sqft house, which has many of the mid century (1951) details that are sought out by investors and homebuyers. Some updates include kitchen cabinets, appliances, bathrooms, central air conditioner and heating, electrical, roof, irrigation, Plus Sunroom (not included in sq ft). Located near Whittier College, walking distance to Michigan Park and Penn Park, and a short drive or bike ride to Old Town. Most neighboring homeowners have owned in this special community for 10-20+ years. Priced to sell! Make this home into your dream home with some TLC. Great investment opportunity.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
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 Whittier
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Patricia Eppelheimer, Regency Residential
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219044199DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219044199DA
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