$534,000
●
Condo -
Off Market
1 3rd Place #203
Long Beach, CA 90802
1 Bed
1 Bath
814 Ft²
$859,517
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
THEY SAY ITS ALL ABOUT LOCATION, LOCATION,
LOCATION..............Welcome to Ocean Terrace. This beautifully
upgraded 2nd Floor Condo features an Ocean View with the Beach
literally just steps away. Want to venture out?? The Condo is
located in the heart of Long Beach. Easy access to Shoreline
Village, Belmont Shore, Pine Avenue, East Village Arts District,
the Queen Mary, Shopping, the Pike and more!!! Interior upgrades
include new Kitchen Cabinets, Stainless Steel Appliances, Granite
Counters, New Paint throughout, Recessed Lighting, Dual Vanities,
and 2 ceiling fans with remotes. The Community includes a swimming
pool, clubhouse and rooftop deck---all surrounded by beautiful
landscaping. This unit is GORGEOUS and the low HOA dues make it an
incredible opportunity for your buyer.
Unit Size
814 Ft²
Days on Market
65 days
Land Size
0.65 acres
Price per sqft
$662
Property Type
Condo
Property Taxes
-
HOA Dues
$321
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 #PW17129504)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jun 7, 2017 | Listed by Sunwest Realty | $539,000 | |
| Listed by Sunwest Realty | |||
Property Highlights
Parking Available
Garage
Fireplace
With View
Parking Details
Has Garage
Parking Features: Assigned, Underground
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Balcony, BedroomOnMainLevel, GalleyKitchen
Appliances: Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator
Flooring Type: Tile
Laundry Features: Common Area
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 814
Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Year Built Source: Assessor
Year Built: 1976
Waterfront Features: Beach Access, Beach Front
Levels: Three Or More
Pool Features: Community, Fenced, In Ground, Association
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 28369
Lot Size Units: Square Feet
Lot Size Acres: 0.651
Lot Size Square Feet: 28369
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Barbecue, Picnic Area, Pool, Sauna, Spa/Hot Tub, OutdoorCookingArea
HOA Fee: $321
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 |
|---|---|---|---|---|---|---|---|
|
01/30/2024
|
1 Bed
|
1 Bath
|
779 ft²
|
$795,000
1 Bed
1 Bath
779 ft²
|
-
-
|
Brett Howard
Howard Realty Group
| |
|
10/20/2023
|
2 Bed
|
1.5 Bath
|
1304 ft²
|
$899,500
2 Bed
1.5 Bath
1304 ft²
|
-
-
|
AnneMarie Baham
Keller Williams Coastal Proper
| |
|
03/21/2023
|
1 Bed
|
1 Bath
|
740 ft²
|
$759,888
1 Bed
1 Bath
740 ft²
|
-
-
|
Bill Etchegaray
Century 21 Award
| |
|
08/10/2022
|
2 Bed
|
2 Bath
|
1251 ft²
|
$999,900
2 Bed
2 Bath
1251 ft²
|
-
-
|
Oscar Montani
Home Team Realty
| |
|
02/05/2022
|
2 Bed
|
3 Bath
|
1304 ft²
|
$860,000
2 Bed
3 Bath
1304 ft²
|
-
-
|
AnneMarie Baham
Keller Williams Coastal Proper
| |
|
09/10/2021
|
1 Bed
|
1 Bath
|
779 ft²
|
$739,000
1 Bed
1 Bath
779 ft²
|
-
-
|
Nick Resendez
Keller Williams Pacific Estates Cerritos
| |
|
08/10/2021
|
1 Bed
|
1 Bath
|
816 ft²
|
$647,500
1 Bed
1 Bath
816 ft²
|
-
-
|
Stuart Yormak
Coldwell Banker Coastal Alliance
| |
|
11/14/2020
|
2 Bed
|
1 Bath
|
1030 ft²
|
$689,000
2 Bed
1 Bath
1030 ft²
|
-
-
|
-
| |
|
11/03/2019
|
2 Bed
|
2 Bath
|
1251 ft²
|
$799,000
2 Bed
2 Bath
1251 ft²
|
$750,000
-6.13%
02/28/2020
|
Caterina Helfenstein
Berkshire Hathaway H.S.C.P.
| |
|
06/19/2019
|
1 Bed
|
1 Bath
|
779 ft²
|
$578,000
1 Bed
1 Bath
779 ft²
|
-
-
|
-
| |
|
02/06/2019
|
2 Bed
|
1 Bath
|
1200 ft²
|
$829,000
2 Bed
1 Bath
1200 ft²
|
$829,000
04/05/2019
|
Karen Volpei
Keller Williams - Burbank
| |
|
07/11/2017
|
2 Bed
|
1 Bath
|
1180 ft²
|
$739,000
2 Bed
1 Bath
1180 ft²
|
$729,000
-1.35%
09/01/2017
|
Patricia Kilian
Gasper-Monteer Realty Group
| |
|
06/07/2017
|
1 Bed
|
1 Bath
|
814 ft²
|
$539,000
1 Bed
1 Bath
814 ft²
|
$534,000
-0.93%
08/11/2017
|
John Correa
Sunwest Realty
|
Building Info
About Bixby Park
Similar Homes for Sale
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Listed by: John Correa, Sunwest Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17129504
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17129504
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