2716 De Forest Avenue
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$749,000
↓ $51K
(6.4%) | |
| Price Decreased | |||
| Nov 3, 2025 | Listed by Keller Williams Pacific Estate | $799,880 | |
| Listed by Keller Williams Pacific Estate | |||
| | |||
|
Welcome Home to 2716 De Forest Ave, a move-in-ready gem nestled in the Wrigley neighborhood of Long Beach. This spacious updated 2-bedroom, 1-bath home features rich hardwood floors and a comfortable flow from the living room to the dining area.
The kitchen has been refreshed with stylish micro-cement countertops, new electric ceramic cooktop, new hood, and new Smart Fridge, while a private in-home laundry area with new washer, and gas hookups adds everyday convenience. The bathroom features tasteful tile finishes, and both bedrooms, living room, kitchen and garage include ceiling fans for year-round comfort.
Recent upgrades include a new mini-split cooling and heating system, solar panels, a tankless water heater, and full PEX plumbing. The home also offers double-pane vinyl windows and a private attached garage with direct access.
Outside, the large covered patio with ceramic flooring and low-maintenance yard provide the perfect setting for relaxing or entertaining. With plenty of street parking and easy freeway access, this home blends classic Long Beach character with thoughtful modern updates—ready for its next owner to move right in and enjoy.
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| Oct 2, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017