39
Map
2951 Baltic Avenue
About This Property
The layout feels open and inviting, with newer laminate flooring, central air and heat, a newer AC unit, and select plumbing and electrical upgrades that bring peace of mind. The kitchen's original solid wood cabinetry adds warmth and character - the kind you can't recreate.
Outside, the property truly shines. The detached 2-car garage with washer/dryer hookups and a utility sink is ready for your vision - an ADU, a studio, a workshop, or a guest retreat. The long driveway offers RV parking plus space for 2–4 more vehicles, making hosting, traveling, or multigenerational living effortless. The front yard is inviting, while the expansive backyard features concrete entertaining areas perfect for gatherings, celebrations, or quiet evenings under the California sky.
Located near Silverado Park, this home sits in a community known for its energy, diversity, and upward momentum. Long Beach continues to evolve with major revitalization projects, a thriving food and arts scene, and a growing reputation as one of Southern California's most vibrant coastal cities.
The city has been recognized for its strong economic growth, expanding job opportunities, and its unique blend of urban living with a relaxed beach-town spirit. This is more than a home - it's a place to grow, create, and enjoy the best of what Long Beach has to offer.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 14, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$750,000
↓ $15K
(2%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$765,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Apr 19, 2026 | Listed by RE/MAX Nexus | $780,000 | |
| Listed by RE/MAX Nexus | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017