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2240 Eucalyptus
About This Property
The spacious dining room is filled with natural light and offers the perfect setting for gatherings and everyday meals. Just off the kitchen, you'll find a dedicated office space and separate laundry room for added flexibility and convenience. Recent improvements include dual paned windows, newer HVAC, PEX plumbing, and a new sewer line, giving buyers confidence in both style and functionality.
Situated on a large R2-zoned lot, the property also offers exciting upside potential with the possibility for a duplex for multigenerational living or income. A long driveway provides ample parking, while the generous backyard offers endless opportunities to entertain, garden, or create additional outdoor living space. Conveniently located near shopping, dining, parks, and freeway access, this is a rare opportunity to own a move-in ready character home with flexibility for the future in Long Beach.
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by Beach Equities | $849,900 | |
| Listed by Beach Equities | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Mar 23, 2019 | Listed | $570,000 | |
| Listed | |||
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Charming Quintessential 3 Bedroom Spanish home in the beautiful Wrigley District. Upon entry you will find refinished hard wood floors, spacious living room with lots of natural light and decorative faux fireplace, brand new stainless steel refrigerator, stove, and dishwasher appliances, granite kitchen countertops & spanish tiles, new interior paint, dining room area, small office area, and separate laundry room area. Exterior features includes a large spacious backyard with concrete patio - great for entertainment, or future expansion. New exterior paint throughout, a detached two car garage, and long drive way which can accomodate RV parking. Close to Lafayette Elementary School, shopping, and local freeway access. An outstanding family starter home or second property, move in ready now, perfectly ideal for anyone ready to add thier personal creative touches in making it their own. A must see! Listed by Richard J. Mulder, Keller Williams Pacific Estates (949)375-3438 The manager has listed the unit size as 1170 square feet.
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About South Wrigley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017