1479 Loma Avenue
About This Property
Welcome to 1479 Loma Ave, a delightful 2-bedroom, 1-bathroom home nestled on a coveted corner lot in Long Beach. With drought-friendly landscaping and a welcoming ambiance, this home offers both charm and convenience.
Inside, the spacious living room is filled with natural light pouring in through skylights and large windows, all complemented by beautiful wood flooring that flows throughout. The designated dining room sits conveniently across the kitchen, making mealtime a breeze. The kitchen features sleek quartz countertops, modern appliances, ample cupboard space, and a view overlooking the backyard.
The thoughtfully designed layout places the bedrooms on opposite sides of the hallway for added privacy. Outside, the charming backyard provides a generous space to create your ideal setting for entertaining or unwinding. Connected to this inviting outdoor area is a private detached bonus space-complete with its own bathroom-perfect for a home office, guest suite, or creative studio.
Additional highlights include central heat and AC, an indoor washer and dryer space, a detached two-car garage, and an unbeatable location, location, location! Just minutes from the beach, local shopping and dining, the lively 2nd Street, and Downtown Long Beach, this home puts the best of the city at your fingertips.
Don't miss this fantastic opportunity-schedule a showing today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | Listed by Century 21 Masters | $749,000 | |
| Listed by Century 21 Masters | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017