1
Map
$830,000
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House -
Off Market
8342 Jumilla Avenue
Winnetka, CA 91306
Studio
0 Bath
$1,244,950
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Newly renovated single family home with a brand new ADU( accessory
dwelling unit)-This is also a great opportunity for that buyer
looking for a cash flow property as well as a property to live in.
Rents for both houses will bring in approx.$5490 a month,estimated
6.5% cap rate. 8342- (Front house) is currently being leased out at
$2795. Features approx 1300 sq ft w/3 bedrooms,2 bathrooms,w/
one being a master bedroom and bathroom. Open living area,dining
area, new interior/exterior paint and new fixtures throughout.
Kitchen has new granite counters, new tiled floor,new stainless
steel appliances & new fixtures. Hall bathroom has new vanity, new
tiled floors and new fixtures.8344- Brand new construction ADU
single story,approx 925 sq ft w/ 3 bedrooms and 2 bathrooms, w/ one
being the master bedroom and bathroom. Open floor plan w/ family
room that opens to the kitchen and dining area.Kitchen has white
self closing shaker cabinets,quartz counters & stainless steel
appliances.Laminate floors throughout.Bathrooms have designer tiled
shower/tub and tiled floors. Both properties have laundry hook ups,
and Central heat and air. There are 2 electric, 2 gas and 1 water
meter.Front & rear yard has new sod & plants.Close to shops and
restaurants.
Unit Size
-
Days on Market
48 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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: 5 months ago (CRMLS #IG19203562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by Griffin Real Estate, Inc. | $849,990 | |
| Listed by Griffin Real Estate, Inc. | |||
| Oct 23, 2018 | No longer available | - | |
| No longer available | |||
| Oct 9, 2018 | Listed | $524,999 | |
| Listed | |||
| | |||
|
OPEN HOUSE Friday 10/12 11-3. Sat and Sun 10/13-14, 1-5. CLL SHARON TO SEE OR ASK QUESTIONS 818-621-2897 The PERFECT STARTER HOME WITH ROOM TO BUILD! This home has TWO FULL BATH, is all updated and move in ready. So meany perks here. Walk into a big living area clean and crisp, open to the kitchen and dining. The bedrooms are both good size and all have hardwood floors. You get dual pane windows. Newer AC 2016, crown moulding, bamboo kitchen cabinets, and tons of storage everywhere. Don't miss the huge... I mean HUGE laundry room, so big you can put an extra fridge! You can walk out the kitchen to a big patio perfect to BBQ and hang out and your backyard is big enough to build a 2nd home, add a pool, or store all your RV and toys. Its perfect with the alley access because the front also has a driveway and attached 2 car garage! This is on a nice street close to everything you need. You also get the RING doorbell and high-end cameras and alarm system. (monthly fee for alarm). Thank you for looking! See you in escrow! The manager has listed the unit size as 977 square feet.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About South Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Alaura Clennon, Griffin Real Estate, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19203562
Last Updated: 5 months ago
Data Source: CRMLS, MLS# IG19203562
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