2038 Studebaker Road
About This Property
One of the most exciting features of this home is the expansive upper-level bedroom, perfect for a luxurious primary suite, but also great for a private retreat or versatile bonus room. Downstairs, you'll find three additional bedrooms and two bathrooms, offering comfort and convenience for family and guests. The inviting living room, centered around a stunning stone fireplace, creates the perfect gathering space for cozy evenings and lively celebrations. A spacious dining room is adjacent to the kitchen with a room breakfast bar for an open and inclusive feel.
Step outside to discover a private backyard, an oasis where you can relax, entertain, and enjoy California's year-round sunshine. Citrus trees are in bloom and ready to enjoy limes, lemons and oranges. And here's a sweet surprise-a bonus room behind the detached garage! The driveway is secured by a sturdy gate.
Nestled just south of El Dorado Park, this sought-after neighborhood is known for its welcoming community, where neighbors look out for one another and come together for block parties, picnics, and local events. This strong sense of community is what makes El Dorado South Park one of the most desirable neighborhoods in East Long Beach.
Don't miss your chance to own this special home-schedule your private showing today and make it yours!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | Listed by Keller Williams Pacific Estate | $1,345,000 | |
| Listed by Keller Williams Pacific Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017