$660,000
●
House -
Off Market
975 Loma Drive
Ojai, CA 93023
4 Beds
2 Baths
2,048 Ft²
$1,007,570
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Investment opportunity, Two units. Live in One rent the other or
rent both. Mountain & Valley VIEWS! Circular Driveway With Ample
Parking! Upstairs Owner's Unit Features mid-century Architecture
With An Open Floor-Plan, Vaulted Ceilings, Handsome Travertine
Tiled Spa-Bath & Interior Laundry. Living Area & Master-Bedroom
Flow Through French Door & Slider To Redwood Entertaining Deck With
SPECTACULAR VALLEY VIEWS! The Lower Unit Offers An Open-Concept
Floor-Plan With Spacious Living Area, Formal Dining Area, Large
Kitchen, Updated Bath & Separate Laundry Room. Lower Unit Enjoys
Its Own Private Entry & Large, Fully-Fenced Yard. Landscaped,
Sprinkler System. Each Unit Has Its Own Water-Heater. Newer Copper
Water-Main From Street To House. Great investment potential or
perfect for extended family living
Unit Size
2,048 Ft²
Days on Market
69 days
Land Size
0.17 acres
Price per sqft
$332
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #V0-219001827)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2019 | Sold | ||
| Sold | |||
| Feb 19, 2019 | Listed by Coldwell Banker Property Shoppe | $679,000 | |
| Listed by Coldwell Banker Property Shoppe | |||
Property Highlights
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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HOA + Taxes
About Mira Monte
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Listed by: Jonathan Riddell, Coldwell Banker Property Shoppe
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-219001827
Last Updated: 5 months ago
Data Source: CRMLS, MLS# V0-219001827
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