$1,135,000
●
House -
Off Market
175 Granada Avenue
Long Beach, CA 90803
3 Beds
1 Bath,
1
Half Bath
1,488 Ft²
$1,677,041
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Why buy a house to live in when you can buy a piece of art to live
in? This California Spanish Revival home is a jewel among Belmont
Shore homes. The tall hedge creates a private setting that encloses
three separate outside areas. The back patio has a well established
wisteria plant that shades the conversation area.
The comfortable living room, with space available for a baby grand piano, is a beautiful room to entertaining in. High vaulted, classic Spanish style beam ceilings gives the room an impressive appearance. Old world scalloped arches repeat through out the house. Cherry hardwood floors flow through the house except for the bathrooms and kitchen.
The kitchen was designed for a cook and has ample storage, 6 burner Thermador range, work space and natural light.
The main bathroom has the original, tiles in excellent condition. The ceiling is barreled and there is a built in cabinet within an arch.
Plenty of parking space on this extra large lot for the area. The private yard blocks noise and gives privacy to this spacious one story house.
Welcome home to Belmont Shore.
The comfortable living room, with space available for a baby grand piano, is a beautiful room to entertaining in. High vaulted, classic Spanish style beam ceilings gives the room an impressive appearance. Old world scalloped arches repeat through out the house. Cherry hardwood floors flow through the house except for the bathrooms and kitchen.
The kitchen was designed for a cook and has ample storage, 6 burner Thermador range, work space and natural light.
The main bathroom has the original, tiles in excellent condition. The ceiling is barreled and there is a built in cabinet within an arch.
Plenty of parking space on this extra large lot for the area. The private yard blocks noise and gives privacy to this spacious one story house.
Welcome home to Belmont Shore.
Unit Size
1,488 Ft²
Days on Market
117 days
Land Size
0.09 acres
Price per sqft
$769
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
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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 #PW19140036)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2019 | Sold | ||
| Sold | |||
| Jun 14, 2019 | Listed by Realty One Group Diamond | $1,145,000 | |
| Listed by Realty One Group Diamond | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Belmont Shore
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Listed by: Alice Markle, Realty One Group Diamond
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19140036
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19140036
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