$849,900
●
House -
Off Market
1424 E Armando Drive
Long Beach, CA 90807
3 Beds
2 Baths
1,954 Ft²
$1,246,170
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
THIS STUNNING SOUGHT AFTER AREA FEATURES A TRADITIONAL HOME WITH A
CONTEMPORARY TWIST!! THIS HOME LACKS NO AMENITIES AND ITS THE
PERFECT ENTERTAINING HOME WITH AMPLE PARKING AND PRIVATE ALLEY
ACCESS MAKES THIS HOME IDEAL TO GROW WITH. SCHOOLS RATED A 10 MAKES
A GREAT INVESTMENT FOR YOUR FAMILY NEEDS. HOME WAS COMPLETELY
REMODELED WITH THE THOUGHT OF LONGEVITY. PRICED RIGHT!! HOME WILL
NOT LAST!!! JUST ADDED A WALK IN CLOSET FOR MASTER BEDROOM!!
Unit Size
1,954 Ft²
Days on Market
124 days
Land Size
0.16 acres
Price per sqft
$435
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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 #PW19095673)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 26, 2021 | In contract | - | |
| In contract | |||
| Mar 18, 2021 | Listed | $979,000 | |
| Listed | |||
| | |||
|
Come fall in love with this completely updated home, remodeled with designer upgrades for the most discerning buyer. Upon entering the home you will be blown away by all the natural light and the dramatic open layout. The bright living room with gorgeous wood burning fireplace features a wonderful window that opens up to the kitchen area that will let the conversations flow! This one of a kind 3 bedroom, 3 bath stunner, seamlessly ties in traditional design with a refreshing modern flair. The manager has listed the unit size as 1954 square feet.
| |||
| Aug 28, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Westin Financial Corporation | $849,900 | |
| Listed by Westin Financial Corporation | |||
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Property Highlights
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Fireplace
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bixby Knolls
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Listed by: David Rios, Westin Financial Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19095673
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19095673
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