1920 Faust Avenue
About This Property
1920 Faust Avenue is a four-bedroom, two-bathroom home. The property features a detached two-car garage and a wide driveway, providing ample parking.
Inside, the living area features textured carpet flooring, white walls, and large windows that allow natural light to flood in. A wood-paneled wall separates the additional living space. The kitchen features original light blue cabinetry, laminate countertops, and a pass-through opening to the living area.
All four bedrooms are spacious and functional, including one with a bay window. One bathroom has a shower-tub combination with wood paneling, while the second bathroom includes a walk-in shower and a separate vanity area.
The backyard offers a large paved patio, mature trees along the perimeter, and plenty of open space for landscaping or outdoor use.
This home is located in a residential neighborhood in Long Beach with convenient access to local shops, schools, and main roads for commuting. It's approximately 5 miles from Alamitos Beach on the Pacific Coast, an easy drive to enjoy the ocean, shoreline parks, and coastal amenities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Coldwell Banker Realty | $949,990 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017