$1,647,000
●
House -
Off Market
827 PINE Street
Santa Monica, CA 90405
3 Beds
1 Bath
1,713 Ft²
$2,636,084
RealtyHop Estimate
55.16%
Since Dec 1, 2017
CA-Los Angeles
Primary Model
About This Property
Sunset Park Spanish charmer with endless opportunity! Nestled above
a tree-lined street on an impressive 6,400+ square foot SMR2 lot,
this Santa Monica gem has the location, character and potential
you've been waiting for. A formal entry welcomes you into a
spacious living room with coved ceilings, a bright picture window
and a cozy fireplace. An expansive galley kitchen with
granite countertops opens to a cheery step-down breakfast nook and
den/third bedroom with a brick fireplace and slider to the yard.
Two additional bedrooms, 2 bathrooms and a formal dining area
complete the interior. Outside, an entertainer's paradise
awaits with a nostalgic brick courtyard, grassy area, covered
patio, detached garage, and a spacious bonus room complete with a
kitchen, bathroom and brick fireplace. All within walking
distance to the best schools, parks, farmer's market, Whole Foods,
and shops in town, this lovingly-maintained home is perfect for
investors and homeowners alike.
Unit Size
1,713 Ft²
Days on Market
50 days
Land Size
0.15 acres
Price per sqft
$992
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
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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 (CLAW #17275978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2017 | Sold | ||
| Sold | |||
| Oct 2, 2017 | Listed by RE/MAX ESTATE PROPERTIES | $1,699,000 | |
| Listed by RE/MAX ESTATE PROPERTIES | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Sunset Park
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Listed by: Nicole Pagan, RE/MAX ESTATE PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17275978
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17275978
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