$770,000
●
Condo -
Off Market
816 Fairview Avenue #D
Arcadia, CA 91007
3 Beds
3 Baths
1,888 Ft²
$1,195,397
RealtyHop Estimate
49.80%
Since May 1, 2018
CA-Los Angeles
Primary Model
About This Property
Prime location in the heart of Arcadia with award winning Arcadia
school district. The Duplex town home features: open floor plan,
ample natural light, spacious living room, customized fireplace,
granite counter top, and maple cabinetry. High ceilings on both
levels with French windows, decorative molding, recessed lights,
and chandelier in dining area. Powder room on first floor, laundry
hookup side by side, upgraded floor, and slide door entering to
quite private back yard. Upper level integrates newer carpet, 3
bedrooms and 2 bathrooms (master suite with walk-in closet and
custom shelves) and decent size retreat area. 2 car attached
garage with built in storage. Conveniently close to Westfield Santa
Anita Mall and all amenities such as schools, restaurants,
supermarket, recreational parks, golf course and Los Angeles
Arboretum. Build as model home in 2003, 6 units community. Low HOA
fee. Baldwin Stocker Elementary School, First Avenue Middle School,
Arcadia High School according to website greatschools.org
Unit Size
1,888 Ft²
Days on Market
46 days
Land Size
0.43 acres
Price per sqft
$423
Property Type
Condo
Property Taxes
-
HOA Dues
$190
Year Built
-
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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: 4 months ago (CRMLS #AR18037873)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2018 | Sold | ||
| Sold | |||
| Feb 16, 2018 | Listed by RE/MAX ELITE REALTY | $798,000 | |
| Listed by RE/MAX ELITE REALTY | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, AllBedroomsUp, PrimarySuite
Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Water Purifier
Flooring Type: Carpet, Laminate
Door Features: French Doors
Laundry Features: Inside
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1888
Architectural Style: Contemporary
Year Built Source: Assessor
Year Built: 2003
Levels: Two
Window Features: FrenchMullioned
Patio and Porch Features: Rear Porch, See Remarks
Pool Features: None
Lot Features: Yard
Lot Size Area: 18904
Lot Size Units: Square Feet
Lot Size Acres: 0.434
Lot Size Square Feet: 18904
Tax Lot: 1871
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SewerTapPaid
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Trash, Water, DuesPaidMonthly
HOA Fee: $190
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2018
|
3 Bed
|
3 Bath
|
1888 ft²
|
$798,000
3 Bed
3 Bath
1888 ft²
|
$770,000
-3.51%
04/03/2018
|
Christine Ly
Re/Max Elite Realty
|
Building Info
About Arcadia
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Listed by: LAN XIAO, RE/MAX ELITE REALTY
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR18037873
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR18037873
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