$842,000
●
House -
Off Market
169 Glendora Avenue
Long Beach, CA 90803
3 Beds
1 Bath
1,162 Ft²
$1,385,718
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
Lovely, upgraded 3 bedroom, 2 bathroom home on the prettiest street
in Belmont Shore. This Spanish charmer surprises you upon opening
the front door with its total open concept living area. The living
room, dining room and kitchen can all be seen at the same time. Yet
the home still retains much of its vintage charm with an unique
ceiling texture in the living and dining rooms, rounded door, arch
in the main room, and wood windows (though not the originals –
these are dual paned). The master retreat is at the back of the
home while the other two bedrooms and bathroom are on the side thus
providing privacy. The remodeled kitchen has a 6-burner gas range,
stainless steel appliances including a dishwasher and ample
storage. The outdoor area with deck is perfect for entertaining as
well as doing some gardening. Single car garage, which is attached
to the home, houses the laundry area. Upgrades to the home include
central heat, copper plumbing and 100-amp electrical panel.
This location offers great walkability to 2nd Street, the Bay
and ocean.
Unit Size
1,162 Ft²
Days on Market
42 days
Land Size
0.05 acres
Price per sqft
$731
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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 #PW17043510)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2017 | Sold | ||
| Sold | |||
| Feb 4, 2017 | Listed by Keller Williams Coastal Prop. | $849,888 | |
| Listed by Keller Williams Coastal Prop. | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Belmont Shore
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Listed by: Kendra Miller, Keller Williams Coastal Prop.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17043510
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17043510
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