$750,000
●
House -
Off Market
2941 N Studebaker Road
Long Beach, CA 90815
3 Beds
2 Baths
1,732 Ft²
$1,120,252
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
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AMAZING LOCATION! Walking distance to award winning schools, across the street from the library, nature center, golf, clubhouse, tennis courts and summer concerts in the park. This completely renovated 3 bedroom, 2 bath single story home has over 1,700 square feet of living space and has expansive views of El Dorado Park! Features of the home include a spacious floor plan, vinyl wood flooring, central A/C and heating, a brand new kitchen, stainless steel appliances, beautiful white quartz counter tops, and new plumbing and electrical fixtures. The living room is bright and open with a cozy fireplace and an abundance of natural light. The bathrooms are appointed with quartz counters, frameless shower doors and new plumbing fixtures. A detached 2 car garage and large yard make this home complete.
AMAZING LOCATION! Walking distance to award winning schools, across the street from the library, nature center, golf, clubhouse, tennis courts and summer concerts in the park. This completely renovated 3 bedroom, 2 bath single story home has over 1,700 square feet of living space and has expansive views of El Dorado Park! Features of the home include a spacious floor plan, vinyl wood flooring, central A/C and heating, a brand new kitchen, stainless steel appliances, beautiful white quartz counter tops, and new plumbing and electrical fixtures. The living room is bright and open with a cozy fireplace and an abundance of natural light. The bathrooms are appointed with quartz counters, frameless shower doors and new plumbing fixtures. A detached 2 car garage and large yard make this home complete.
Unit Size
1,732 Ft²
Days on Market
64 days
Land Size
0.13 acres
Price per sqft
$461
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #OC20068365)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2020 | Sold | ||
| Sold | |||
| Apr 5, 2020 | Listed by Upstart Residential, Inc | $799,000 | |
| Listed by Upstart Residential, Inc | |||
| May 22, 2019 | Sold | ||
| Sold | |||
| Apr 23, 2019 | Listed by Tierra Verde Real Estate | $699,900 | |
| Listed by Tierra Verde Real Estate | |||
| | |||
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This charming three bedroom, two bath home has views of the expansive El Dorado Park. An awesome location, it is within walking to distance to award winning schools, and is just across the street from the library, nature center, golf, clubhouse, tennis courts and summer concerts in the park. The interior is spacious with a wood burning fireplace, open kitchen with bar seating, and a step-down cozy living room. the electrical has just been completely redone. A long driveway leads up to a security gate which opens to the detached garage adjacent to the private backyard. There are ceiling fans in most every room.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East End
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Listed by: Bryan Hill, Upstart Residential, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC20068365
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC20068365
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