3161 Conquista Ave.
About This Property
The heart of the home is the open-concept living, dining, and kitchen area, creating a seamless space that's perfect for entertaining and daily living. The custom-designed kitchen features a spacious island with seating for 6, stylish walnut-finished cabinetry and quartz countertops, brand new appliances and plenty of prep and storage space. Interior upgrades include new Lifeproof brand flooring throughout the home, a brand-new HVAC system with future zoning capabilities and new Nest thermostat, a new 200amp electrical panel and a whole house re-wire. Both bathrooms have been completely remodeled with a new Kohler bathtub in the guest bath, updated tile, new floating vanities and Moen fixtures. The primary bedroom features an en-suite bathroom and walk-in closet with stackable laundry hook-ups. The backyard is a true oasis with a large grass area, multiple sitting areas, planter beds along the perimeter of the property, and an additional oversized side yard, perfect for parking an RV. The upgrades continue outside with all-new drought tolerant plants, new grass and irrigation systems in front and back yards, custom-built wood fence and gates and a brand new insulated garage door. Additional highlights include newer double-pane windows, a 7-year-old roof, and a desirable corner 6,334 sqft lot, perfect for an ADU or adding additional space on to the home. This prime Long Beach location and move-in-ready home is an exceptional find in one of Long Beach's most sought-after neighborhoods.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | Listed by Think Boutiq Real Estate | $1,165,000 | |
| Listed by Think Boutiq Real Estate | |||
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Listed by Think Boutiq Real Estate | $800,000 | |
| Listed by Think Boutiq Real Estate | |||
| | |||
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Entered for Comps- sold before entry.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017