Listed by: Henry Kang, Koa Properties
$420,000
●
Condo -
Off Market
1629 Cherry Avenue #301
Long Beach, CA 90813
2 Beds
2 Baths
842 Ft²
$2,709
Est. Monthly
$450
HOA / Fees
6.93%
Cap Rate
About This Property
Long Beach Condo, very conveniently located. South of Fwy 405 and 2
miles from Beach. Condo on Top floor, high ceiling 9 1/2 feet high,
and has has dormer window on the ceiling for added light. Bright
unit with many windows facing East. Counter tops etc were remodeled
10 years ago.
Unit Size
842 Ft²
Days on Market
309 days
Land Size
0.39 acres
Price per sqft
$546
Property Type
Condo
Property Taxes
-
HOA Dues
$450
Year Built
-
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Cap Rate Calculator
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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: 2 years ago (CRMLS #SB24070975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $460,000 | |
| Relisted | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, One Space
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 2
Levels: ThreeOrMore
Interior Features: Cathedral Ceilings
Appliances: Built In Range
Living Area Square Feet Source: Assessor
Laundry Features: Inside
None
Exterior Details
Year Built: 1988
Parcel Number: 7261008045
Home Type: Residential
Structure Type: MultiFamily
Pool Features: None
Lot Size Source: Assessor
Lot Size Acres: 0.3909
Elevation Units: Feet
Utilities Details
Cooling Type: None
Heating Type: Central
Location Details
Association Amenities: Trash
Association Fee: $450
Association Fee Frequency: Monthly
Community Features: Sidewalks
Subdivision: Poly High (PH)
High School District: Long Beach Unified
Subdivision Name: Poly High (PH)
Directions: S of PCH in Cherry
Other Details
Listing Terms: Conventional
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/30/2025
|
2 Bed
|
2 Bath
|
827 ft²
|
$420,000
2 Bed
2 Bath
827 ft²
|
$420,000
07/10/2025
|
Christopher Livingston
First Team Real Estate
| |
|
05/08/2024
|
2 Bed
|
2 Bath
|
827 ft²
|
$390,000
2 Bed
2 Bath
827 ft²
|
-
-
|
Christopher Livingston
First Team Real Estate
| |
|
04/10/2024
|
2 Bed
|
2 Bath
|
842 ft²
|
$460,000
2 Bed
2 Bath
842 ft²
|
$420,000
-8.70%
02/13/2025
|
Henry Kang
Koa Properties
| |
|
03/21/2024
|
2 Bed
|
2 Bath
|
842 ft²
|
$415,000
2 Bed
2 Bath
842 ft²
|
$415,000
09/04/2024
|
Tulio Cardona
CARDONA REALTY
| |
|
05/22/2023
|
2 Bed
|
2 Bath
|
827 ft²
|
$395,000
2 Bed
2 Bath
827 ft²
|
-
-
|
Eve Deng
Realty One Group West
| |
|
04/01/2022
|
2 Bed
|
2 Bath
|
827 ft²
|
$425,000
2 Bed
2 Bath
827 ft²
|
-
-
|
Alexandru Georgescu
T.N.G. Real Estate Consultants
| |
|
11/15/2021
|
2 Bed
|
2 Bath
|
827 ft²
|
$389,000
2 Bed
2 Bath
827 ft²
|
$420,000
+7.97%
02/23/2022
|
Matthew Aprea
Compass
| |
|
10/20/2021
|
2 Bed
|
2 Bath
|
827 ft²
|
$399,900
2 Bed
2 Bath
827 ft²
|
$415,000
+3.78%
12/03/2021
|
Gregory Eubanks
Redfin Corporation
| |
|
01/09/2020
|
2 Bed
|
2 Bath
|
827 ft²
|
$315,800
2 Bed
2 Bath
827 ft²
|
$305,000
-3.42%
03/12/2020
|
Alexandru Georgescu
| |
|
07/10/2019
|
2 Bed
|
2 Bath
|
827 ft²
|
$279,000
2 Bed
2 Bath
827 ft²
|
$271,000
-2.87%
10/07/2019
|
Connie Alarcon
Grand Signature Real Estate
| |
|
05/02/2019
|
2 Bed
|
2 Bath
|
827 ft²
|
$305,000
2 Bed
2 Bath
827 ft²
|
-
-
|
-
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
842 ft²
|
$299,000
2 Bed
2 Bath
842 ft²
|
$279,000
-6.69%
07/12/2019
|
Aida Pangindian
| |
|
03/01/2018
|
2 Bed
|
2 Bath
|
827 ft²
|
$290,000
2 Bed
2 Bath
827 ft²
|
$290,000
05/17/2018
|
Cindy Chau
Phoenix Realty
|
Building Info
About Central Long Beach
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Listed by: Henry Kang, Koa Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24070975
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24070975
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