$950,000
●
House -
Off Market
169 Pomona Avenue
Long Beach, CA 90803
3 Beds
1 Bath
1,235 Ft²
$1,397,121
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Remodeled in 2012, this inviting home in Belmont Shore is just 2
blocks from the bay and offers 3 bedrooms, 2 bathrooms set in 1235
Sq. Ft. A bright living room welcomes you with lovely
hardwood floors, large picture window overlooking the lush front
yard, wood crown molding, and a charming, decorative fireplace. A
beautiful arch leads to the open-concept dining room with chair
rail detailing. The spacious, happy kitchen with abundant cabinetry
and granite countertops overlooks the dining and living rooms
allowing you to entertain with ease. The front hallway with
period linen storage leads to the charming bathroom with glass door
knob, original pink & aqua tile, built in cabinet and shower/tub
combo. Period details continue throughout the first two,
nicely sized bedrooms. One of the bedrooms contains a niche to
accommodate a bed while the other features a (newer) Murphy bed and
private office area with desk and attached cabinetry. The third
bedroom and 2nd bathroom were added in 2012 yet feel true to the
original character of the home. A 1-car detached garage with
storage and laundry completes this idyllic home.
Unit Size
1,235 Ft²
Days on Market
26 days
Land Size
0.06 acres
Price per sqft
$791
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928
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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 #PW20027025)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2020 | Sold | ||
| Sold | |||
| Jan 29, 2020 | Listed by Keller Williams Coastal Prop. | $977,000 | |
| Listed by Keller Williams Coastal Prop. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Belmont Shore
Similar Homes for Sale
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Listed by: Kendra Miller, Keller Williams Coastal Prop.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20027025
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20027025
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