$2,000,000
●
House -
Off Market
1390 Los Altos Avenue
Long Beach, CA 90815
4 Beds
2 Baths
3,444 Ft²
$2,739,474
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Introducing the exceptional design of 1390 Los Altos by renowned
architect Kenneth Wing. Custom and unique mid-century modern
showcase home on an oversized 14,100 sqft lot within the coveted
neighborhood of Park Estates. Sprawling single level with a
Zen influence focusing on the backyard, pool, and courtyard with
views from every room. Upgraded throughout featuring four spacious
bedrooms, a home office, four bathrooms, formal living, formal
dining, top of the line chefs kitchen, and dramatic family room.
Beamed ceilings, walls of glass, and an open, indoor/outdoor
concept. Brand new roof, A/C, thoughtful lighting, and designer
finishes & fixtures. Tons of entertaining space with multiple
sitting areas, island, outdoor fireplace and huge grassy play yard
and garden that is thoughtfully separate from the sparkling pool
area. Convenient inside laundry room and two car attached garage. A
truly rare and exciting opportunity to own this one of a kind,
extraordinary, architectural masterpiece and one of Park Estates' finest homes.
Unit Size
3,444 Ft²
Days on Market
21 days
Land Size
0.32 acres
Price per sqft
$581
Property Type
House
Property Taxes
-
HOA Dues
$11
Year Built
1956
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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 #PW20150015)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by Compass | $2,000,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
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Sold On
HOA + Taxes
About Park Estates
Similar Homes for Sale
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Listed by: Krista Faber-Vento, Compass
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20150015
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20150015
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