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1241 N Studebaker
About This Property
Experience luxury living in the heart of Long Beach with this stunning, custom-designed two-story estate, where elegance, comfort, and entertaining come together seamlessly. Completely rebuilt in 2016, this exceptional single-family residence features 6 spacious bedrooms, 5 beautifully remodeled bathrooms, and 2 luxurious master suites. The expansive open-concept floor plan is thoughtfully designed for modern living and effortless entertaining.
Step through the grand entrance framed by four stately columns into an impressive living room featuring soaring ceilings, abundant natural light, and a striking staircase that sets the tone for the rest of the home. Designed with both style and functionality in mind, the home showcases engineered hardwood flooring throughout, complemented by porcelain tile finishes in the kitchen and bathrooms.
At the heart of the home, the fully remodeled, chef-inspired kitchen seamlessly connects to the dining and living areas, creating the perfect setting for everyday living and entertaining. Step outside to your private entertainer's paradise, featuring a fully equipped outdoor kitchen, built-in bar, and cozy fireplace-ideal for hosting gatherings or enjoying relaxing evenings with family and friends.
Outside, the entertainer's dream backyard awaits, complete with a fully equipped outdoor kitchen, built-in bar, and cozy fireplace, creating the perfect setting for unforgettable evenings with family and friends.
Additional premium features include a durable tile roof, custom closets by Closet World, fully paid-off solar panels, dual central A/C systems, RV and boat parking, and the rare privacy of having no front or rear neighbors.
Ideally located near Alamitos Bay Marina, El Dorado Golf Course, Tincher Preparatory School, Sato Academy of Mathematics and Science, and California State University, Long Beach, this home also offers convenient access to the 405, 605, and 22 freeways-making commuting and coastal living effortless.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Increased |
$2,400,000
↑ $110K
(4.8%) | |
| Price Increased | |||
| Sep 7, 2026 | Price Decreased |
$2,290,000
↓ $10K
(0.4%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by WPG Realty & Lending Group | $2,300,000 | |
| Listed by WPG Realty & Lending Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017