$1,199,000
●
House -
Off Market
127 Pomona Avenue
Long Beach, CA 90803
3 Beds
2 Baths
1,481 Ft²
$1,681,078
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Prime Belmont Shore classic Spanish charmer! This 3 bed, 2 bath,
1481 sq.ft. home has been recently remodeled and offers a spacious
front courtyard ideal for entertaining family and friends. Open
floor plan featuring living room with tall coved ceilings and a
nice sized dining area. Chef's kitchen featuring stainless steel
appliances, an eating peninsula with a built in wine cabinet,
limestone countertops and custom cabinetry. Expansive laundry room
with plenty of extra storage leads out to a side dog run. Two
bedrooms and a nicely appointed full bath complete the downstairs.
Private back deck includes a built in BBQ, wine and beer cooler,
custom Trex decking, and jacuzzi. Upstairs private master retreat
with separate sitting area boasting its own cozy fireplace, large
walk in closet and a spacious and completely remodeled ensuite.
Ideally located a few short blocks to the bay and the shops and
restaurants of Belmont Shore. Accredited school district including
Naples Bayside Elementary, Lowell Elementary and Rogers Middle
School. This home is absolutely adorable and is a must see!!!
Unit Size
1,481 Ft²
Days on Market
96 days
Land Size
0.06 acres
Price per sqft
$810
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
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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 #RS20054052)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Nationwide Real Estate Execs | $1,199,000 | |
| Listed by Nationwide Real Estate Execs | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Belmont Shore
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Listed by: Spencer Snyder, Nationwide Real Estate Execs
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RS20054052
Last Updated: 5 months ago
Data Source: CRMLS, MLS# RS20054052
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