$1,195,000
●
House -
Off Market
2511 Nipomo Avenue
Long Beach, CA 90815
3 Beds
2 Baths
1,366 Ft²
$5,883
Est. Monthly
About This Property
Rates are DOWN! Huge Price Improvement. Don't miss this
opportunity!
In the heart of The Plaza-walk to concerts in the park! This 3-bedroom & 2-bath home has been completely reimagined. Remodel completed with city permits. New roof & windows! Updated electrical and plumbing! With an elegant & sophisticated feel, this home has so much to offer – living room, dining space, cozy fireplace, primary suite, huge indoor laundry room and a kitchen any chef would love; complete with new appliances. The primary suite has 2 closets, a slider to backyard & a spacious bathroom with a dual-sink vanity, large shower with frameless shower door. The newly remodeled kitchen has modern cabinetry, quartz countertops & elegant tile backsplash. The separate laundry room has plenty of storage & there's an awesome mudroom off garage too. Newly painted interior and exterior. New LVT flooring. Beautifully landscaped. New LED lighting throughout, new interior & exterior doors, new base molding, new door and window casings, new hardware throughout, new fixtures throughout. HVAC. Welcome Home!
In the heart of The Plaza-walk to concerts in the park! This 3-bedroom & 2-bath home has been completely reimagined. Remodel completed with city permits. New roof & windows! Updated electrical and plumbing! With an elegant & sophisticated feel, this home has so much to offer – living room, dining space, cozy fireplace, primary suite, huge indoor laundry room and a kitchen any chef would love; complete with new appliances. The primary suite has 2 closets, a slider to backyard & a spacious bathroom with a dual-sink vanity, large shower with frameless shower door. The newly remodeled kitchen has modern cabinetry, quartz countertops & elegant tile backsplash. The separate laundry room has plenty of storage & there's an awesome mudroom off garage too. Newly painted interior and exterior. New LVT flooring. Beautifully landscaped. New LED lighting throughout, new interior & exterior doors, new base molding, new door and window casings, new hardware throughout, new fixtures throughout. HVAC. Welcome Home!
Unit Size
1,366 Ft²
Days on Market
61 days
Land Size
0.12 acres
Price per sqft
$877
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 13 months ago (CRMLS #OC25187371)
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Listed by: Tasha Mazakas, Active Brokerage, Inc
Last Updated: 13 months ago
Data Source: CRMLS, MLS# OC25187371
Last Updated: 13 months ago
Data Source: CRMLS, MLS# OC25187371
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