$625,000
●
House -
Off Market
2720 Cedar Avenue
Long Beach, CA 90806
2 Beds
1 Bath
975 Ft²
$888,685
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Gorgeous upgraded home with charming curb appeal! Welcome to 2720
Cedar Ave, step right in from the front porch to a spacious 2
bedroom 1 bath home with newly remodeled kitchen just upgraded 1
year ago, with quartz countertops, new white cabinets, farmer sink,
recessed lighting, and open concept. The large bright living room
features an original fireplace and mantle, and gleaming hardwood
floors, freshly painted walls, and is open to the dining area and
kitchen. Dual pane windows all around make this home light and
bright and cheerful. There is also a large remodeled luxury
bathroom with jacuzzi soaker tub and separate shower, and a
skylight, and a master bedroom with French doors opening to the
back deck and large backyard with citrus trees and shrubbery. In
the back in the property, there is a 2 car garage with laundry
inside, and attached bonus room and bathroom. Located just north of
Willow near Pacific, this is a great location with tree lined
streets, homes showing pride of ownership, and so close to stores,
freeways, and transit. Make this your new home!
Unit Size
975 Ft²
Days on Market
70 days
Land Size
0.14 acres
Price per sqft
$641
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
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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: 4 months ago (CRMLS #PW20035829)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2020 | Sold | ||
| Sold | |||
| Feb 19, 2020 | Listed by Century 21 Masters | $625,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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Closing Price
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Sold On
HOA + Taxes
About North Wrigley
Similar Homes for Sale
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Listed by: Nancy Deprez, Century 21 Masters
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20035829
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20035829
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