$965,000
●
House -
Off Market
1331 E Marshall
Long Beach, CA 90807
4 Beds
2 Baths
2,036 Ft²
$4,665
Est. Monthly
About This Property
Welcome to this incredible opportunity in the heart of sought-after
Bixby Knolls, just steps from beloved Somerset Park with its
playgrounds, tennis and basketball courts. This spacious home
offers 3 generous bedrooms plus a versatile flex room perfect for a
home office or creative space, all bathed in natural light from
numerous windows throughout. While this property requires
significant updates and TLC throughout, it presents a rare chance
to create your dream home in one of Long Beach's most desirable
neighborhoods at a price that reflects its 'as-is' condition. The
prime location, abundant natural light, scraped ceilings and
flexible floor plan make this the perfect canvas for
buyers/investors with vision who are ready to build equity in this
family-friendly community.
Unit Size
2,036 Ft²
Days on Market
43 days
Land Size
0.15 acres
Price per sqft
$467
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: 8 months ago (CRMLS #PW26014698)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Dec 8, 2025 | Listed by First Team Real Estate | $950,000 | |
| Listed by First Team Real Estate | |||
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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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Bixby Knolls
Similar Homes for Sale
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Listed by: Kimberly Bogan, First Team Real Estate
Last Updated: 8 months ago
Data Source: CRMLS, MLS# PW26014698
Last Updated: 8 months ago
Data Source: CRMLS, MLS# PW26014698
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