$1,364,900
●
House -
Off Market
229 La Verne
Long Beach, CA 90803
2 Beds
2 Baths
1,438 Ft²
$6,874
Est. Monthly
About This Property
Back on the Market due to Buyers backed out, no fault of
Sellers.
This Charming Belmont Shore home had a 2nd story addition (2013) and downstairs make over/remodel in year 2000. The home has been updated in January 2024 to offer comfortable living. Open floor plan flows nicely in the living room and kitchen/dining area and a 2nd story primary bedroom includes a balcony, walk in closet, bathroom with an added den/office/nursery area. (8'x9'). The 2nd bedroom (downstairs) features a very large sized room, mirrored closet doors with a sliding door that leads into the backyard patio which includes a small redwood deck also included is an improved single car garage with an enclosed laundry room attached to the garage. (entry from the back patio). This home is in the heart of Belmont Shore, just steps away from wonderful restaurants, shops and cafes with a short walk to the ocean is a nice added piece of enjoyment.
This Charming Belmont Shore home had a 2nd story addition (2013) and downstairs make over/remodel in year 2000. The home has been updated in January 2024 to offer comfortable living. Open floor plan flows nicely in the living room and kitchen/dining area and a 2nd story primary bedroom includes a balcony, walk in closet, bathroom with an added den/office/nursery area. (8'x9'). The 2nd bedroom (downstairs) features a very large sized room, mirrored closet doors with a sliding door that leads into the backyard patio which includes a small redwood deck also included is an improved single car garage with an enclosed laundry room attached to the garage. (entry from the back patio). This home is in the heart of Belmont Shore, just steps away from wonderful restaurants, shops and cafes with a short walk to the ocean is a nice added piece of enjoyment.
Unit Size
1,438 Ft²
Days on Market
230 days
Land Size
0.06 acres
Price per sqft
$974
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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: 7 months ago (CRMLS #IG25218616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Sold | ||
| Sold | |||
| Apr 13, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Relisted | $1,399,900 | |
| Relisted | |||
| Dec 27, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Price Decreased |
$1,399,900
↓ $85K
(5.7%) | |
| Price Decreased | |||
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Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Belmont Shore
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Listed by: Darlene Turner, HOMEQUEST REAL ESTATE
Last Updated: 7 months ago
Data Source: CRMLS, MLS# IG25218616
Last Updated: 7 months ago
Data Source: CRMLS, MLS# IG25218616
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