1
Map
$664,000
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House -
Off Market
1840 Elmfield Avenue
Long Beach, CA 90815
3 Beds
1 Bath
1,200 Ft²
$1,034,400
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
An exquisitely renovated 3 bedroom 1 bath home in the very
desirable area of Los Altos. This charming home welcomes you into
an elegant living room which opens to a beautiful formal dining
room. The gourmet kitchen features state of the art stainless steel
appliances, beautiful quartzite countertops, custom cabinets and
the beautiful modern tile floor complete this gorgeous kitchen. The
master bedroom is large with lots of closet space. Very nicely
decorated and spacious bathroom is centered to all the bedrooms.
Beautifully landscaped rear yard is perfect for indoor/outdoor
entertaining. The 2 car garage is positioned in the rear of the
house with a long drive way and offers plenty of room for parking.
The garage has a work shop area and lots of storage space.
Newer roof, newer stucco, copper plumbing, dual paned
windows, recess lighting, built-in speakers and stunning original
hard wood floors are just a few of many wonderful upgrades.
This home is turnkey and ready for it's new owner. Walking
distance to Bixby Elementary & Stanford Middle School. Close to
shopping centers and freeway. This is the one you have been
dreaming of.
Unit Size
1,200 Ft²
Days on Market
114 days
Land Size
0.12 acres
Price per sqft
$567
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #RS18209704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Dream Life Real Estate | $979,000 | |
| Listed by Dream Life Real Estate | |||
| | |||
|
Welcome to 1840 Elmfield Avenue! Tucked away on a small tree-lined street in Los Altos, this 3 bedroom home offers a cozy, yet open floor plan and plenty of natural light. The front door opens to a large living room with built in cabinets and bookshelves and a gas fireplace. Through the connected dining room, you will find a large kitchen that has been updated with a farmhouse sink, custom cabinets, and stainless steel appliances, all with a light and airy feel from the two large windows and door leading to the backyard. All bedrooms are spacious and the primary bathroom has been tastefully redone with plenty of storage. The backyard is large with mature trees and plenty of open lawn space. Other features include a detached two car garage, copper plumbing, recessed lighting and original hardwood floors. The home is walking distance to CSULB, a new coffee shop and popular taco stand. It also has proximity to convenient shopping, grocery stores and freeway access.
| |||
| Dec 19, 2018 | Sold | ||
| Sold | |||
| Aug 27, 2018 | Listed by Arch Pacific Realty | $679,900 | |
| Listed by Arch Pacific Realty | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East End
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Listed by: Mike Calderon, Arch Pacific Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS18209704
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS18209704
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