$502,500
●
House -
Off Market
1515 Pine Avenue
Long Beach, CA 90813
2 Beds
1 Bath
1,100 Ft²
$757,765
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Charming 2 bedroom 1 bath home with very long driveway to
accommodate up to 4 cars! You will never run out of parking
for all of your gatherings with friends and family!
the welcoming front of this home features a custom iron gate that provides security/privacy and also adds to the appeal of the house. Inside the naturally well lit kitchen has been upgraded , custom Island and recently upgraded all matching stainless steel appliances. The generously sized bedrooms boast custom closets allowing for plenty of storage. 1 car garage is over-sized and has an un-permitted 1/2 bath installed for your convenience. Currently they are using the over-sized garage for a home gym and still have plenty of room to park a car.
The front and back yards feature low water and low maintenance landscaping. Dramatic pergola in yard provides shade and a secluded resort experience in the privacy of your own back yard. Plenty of back yard space for entertaining family and friends.
A/C and forced air have been installed with in the past 12 months.
Come and see for yourself what a charming, bright, inviting home this is!
the welcoming front of this home features a custom iron gate that provides security/privacy and also adds to the appeal of the house. Inside the naturally well lit kitchen has been upgraded , custom Island and recently upgraded all matching stainless steel appliances. The generously sized bedrooms boast custom closets allowing for plenty of storage. 1 car garage is over-sized and has an un-permitted 1/2 bath installed for your convenience. Currently they are using the over-sized garage for a home gym and still have plenty of room to park a car.
The front and back yards feature low water and low maintenance landscaping. Dramatic pergola in yard provides shade and a secluded resort experience in the privacy of your own back yard. Plenty of back yard space for entertaining family and friends.
A/C and forced air have been installed with in the past 12 months.
Come and see for yourself what a charming, bright, inviting home this is!
Unit Size
1,100 Ft²
Days on Market
54 days
Land Size
0.11 acres
Price per sqft
$454
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921
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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 #OC18092336)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2018 | Sold | ||
| Sold | |||
| Apr 21, 2018 | Listed by Beach Break Realty | $499,900 | |
| Listed by Beach Break Realty | |||
Property Highlights
Garage
Air Conditioning
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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ft²
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HOA + Taxes
About Washington School
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Currently no similar homes aroundNearby Rentals
Listed by: Marianne Pettys, Beach Break Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18092336
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18092336
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