$520,000
●
House -
Off Market
9039 Rex Road
Pico Rivera, CA 90660
2 Beds
2 Baths
1,331 Ft²
$740,920
RealtyHop Estimate
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model
About This Property
New Year! New Home! Welcome to the city of Pico Rivera. Don't be
fooled from the outside, this is a spacious 2 Bedroom/2 Bath home
with a family room/den that may be easily used as a 3rd bedroom. As
you walk in you are greeted by a formal living room that leads you
to the family room/den on one side or both bedrooms on the other.
When enter the dinning area and kitchen you can appreciate the open
kitchen and view the nice back yard. The hall way bathroom that
features upgrades such as travertine tile is next to both
bedrooms that sit to the east side of the home and feature mirrored
closet doors. Laundry is a separate room next to the 2nd bathroom
which has a stand up shower, both are to the rear of the property
and next to family room/den. Paid off solar panels, wood floors,
travertine tile, copper plumbing, newer paint inside and out,
upgraded electrical panel (400 amps total), crown molding,
wainscoting on walls and newer roof are some of the upgrades. Back
yard has a storage shed, a makeshift greenhouse, fire pit & BBQ pit
... this is a must see.
Unit Size
1,331 Ft²
Days on Market
65 days
Land Size
0.12 acres
Price per sqft
$391
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 months ago (CRMLS #DW20003700)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by Century 21 Allstars | $520,000 | |
| Listed by Century 21 Allstars | |||
| Aug 29, 2017 | Sold | ||
| Sold | |||
| Jul 10, 2017 | Listed by RE/MAX LEADERS REAL ESTATE | $464,900 | |
| Listed by RE/MAX LEADERS REAL ESTATE | |||
| | |||
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Beautiful 2 bed / 2 bath, is a true gem in the heart of Pico Rivera. with added family room that can easily be converted into a 3 bed room without much work. Remodeled with tons of upgrades. From the travertine tiles in the newly remodeled bathrooms to the thick brilliant white wainscoting in the upgraded kitchen. This is a must see to truly appreciate. The residence boasts 12mm real wood, insulated floors & attic, gas fireplace,new copper piping, new pantry with custom shelving, laundry room, new paint (in and out), solar system w/ upgraded 2 X 200 amp panels (400 amps total), crown molding and outside fire pit, just to name a few. The roof is like new and under a 10 year warranty. Huge backyard is equipped with a charcoal BBQ, perfect for entertaining, has shed, green house, fire pit and an orange tree. This is truly turn key ready.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Pico Rivera
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mercedes De La Cruz, Century 21 Allstars
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW20003700
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW20003700
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