$1,150,000
●
House -
Off Market
3109 Stevely Avenue
Long Beach, CA 90808
4 Beds
3 Baths
2,007 Ft²
$1,635,180
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Welcome Home! This mid-century modern gem was designed by architect
Cliff May. This home is an expanded Lanai model and features
four bedrooms, three full bathrooms, great open floor concept with
spacious kitchen, custom birch cabinets with plenty of storage, and
an open living room/dining room format, with separate Lanai "family
room" facing the pool in almost 2,007 square feet of living space.
White commercial grade rubber roof with 40 year warranty and
tank-less hot water heater. This home has two wonderful outdoor
entertainment and living areas that is an entertainer's dream. This
well appointed property is rich in mid-century charm and style and
represents a tremendous opportunity for a buyer who desires a
larger than average home with a pool in the best preserved Cliff
May tract in the country. Adjacent to 800 acre El Dorado Park and
Nature Preserve which boasts a dog park, archery range, fishing,
paddle boats, nature trail, tennis courts and golf course.
Unit Size
2,007 Ft²
Days on Market
39 days
Land Size
0.13 acres
Price per sqft
$573
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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: 5 months ago (CRMLS #PW20047043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 30, 2020 | Price Increased |
$1,290,000
↑ $21K
(1.7%) | |
| Price Increased | |||
| Oct 25, 2020 | In contract | - | |
| In contract | |||
| Oct 16, 2020 | Listed | $1,269,000 | |
| Listed | |||
| | |||
|
Rare 4 bedroom, 3 bath mid-century modern pool home designed by architect Cliff May. This home is a highly sought after expanded Lanai model with a light filled open floor plan, generous kitchen, custom birch cabinets, skylights and views to the pool from nearly every room. Recently remodeled/updated baths, landscaping, refinished pool, fresh paint, tankless water heater, Tesla charging station, and a white commercial grade rubber roof with 40 year warranty. This home embodies true California indoor/outdoor living, with full and complete privacy due to fence/lot positioning. Truly an entertainers dream, located in the best preserved Cliff May tract in the country. Located adjacent to 800 acre El Dorado Park and Nature Preserve which boasts a dog park, archery range, fishing, paddle boats, nature trail, tennis courts and golf course. Showings begin immediately. The manager has listed the unit size as 2007 square feet.
| |||
| Apr 10, 2020 | Sold | ||
| Sold | |||
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Property Highlights
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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: Donna Herman, Keller Williams Coastal Prop.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20047043
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW20047043
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