$545,000
●
House -
Off Market
1416 Termino Avenue
Long Beach, CA 90804
2 Beds
1 Bath
872 Ft²
$792,451
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Welcome to this darling bungalow! Remodeled in 2012, this cottage
is full of charm, with gleaming hardwood floors and coziness made
for entertaining. The kitchen has gorgeous granite countertops,
soft closing drawers, and stainless steel appliances. The
open floor plan is bright and airy, and the living room has
built in glass book shelves and crown molding. Both bedrooms have
bigger closets, and the bathroom is updated with brass fixtures.
Dual pane windows and central heat make it more energy
efficient than your average home built in 1923. The best part
may be the larger backyard with a deck and fire pit.
Imagine entertaining your friends and family here, or just a
quiet evening in. Located close to all Long Beach has to offer,
this home is ready for you.
Unit Size
872 Ft²
Days on Market
35 days
Land Size
0.10 acres
Price per sqft
$619
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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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 #PW19127934)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2023 | No longer available | - | |
| No longer available | |||
| Jul 12, 2023 | In contract | - | |
| In contract | |||
| Jun 7, 2023 | Listed by RE/MAX College Park Realty | $799,000 | |
| Listed by RE/MAX College Park Realty | |||
| | |||
|
Circle Area California Bungalow on an R2 lot with ample outdoor space to entertain and relax while enjoying the ocean breezes this summer. Located less than 2.5mi from the beach, Belmont Pier, and a beach bike path that spans from Belmont Shore to Downtown. The backyard features covered patio, deck, and direct access to garage with washer and dryer (included). The long Driveway offers plenty of off-street parking. Interior has retained its classic charm with built in glass book shelves, crown molding & hardwood floors throughout. Updated with Forced air heating, Dual pane windows & fresh paint. Kitchen cabinets have soft close drawers, granite countertop & stainless steel appliances (included). Bedrooms are located adjacent to each other. Bedroom One has a deep closet with a small window to bring in natural light. Bedroom Two is larger with direct access to private backyard. Bathroom has tiled combination Bath/Shower with glass door. Don't miss out! This is Long Beach living. The manager has listed the unit size as 872 square feet.
| |||
| Jul 10, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Keller Williams Pacific Estate | $540,000 | |
| Listed by Keller Williams Pacific Estate | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bryant School
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Listed by: Andrea Testa, Keller Williams Pacific Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19127934
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19127934
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