$680,000
●
House -
Off Market
331 W 31st Street
Long Beach, CA 90806
3 Beds
1 Bath
1,535 Ft²
$997,754
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
REMODELED 3 BR 2 BA 1535 sqft home w/ 2 car detached garage, Copper
Plumbing, Central Heat and Air, inside laundry, New laminate
floors, recessed lighting and Fresh Interior and Exterior Paint.
Custom entry door opens to large Great Room...LR w/ Brick
Fireplace, DR/FR with a view and access to backyard and
patio. NEW Quartz kitchen w/ two Solatubes, NEW Cabinetry & NEW
stainless appliances ( 5 burner gas stove, dishwasher & microwave).
Front BD has vaulted ceilings. Remodeled hall BA w/ large
quartz vanity, & NEW custom subway tiled tub/shower combo.
The rear BD w/ Vaulted Ceilings, two operable skylights & 2 sliding
patio doors to the patio & freshly landscaped yard. NEW 3/4 BA
w/New Vanity & custom subway tiled shower with glass door.
This Remodeled Upper Wrigley home is conveniently located a very
short distance from the Blue line train, shopping and 405/710
freeways. More photos to follow.
Unit Size
1,535 Ft²
Days on Market
24 days
Land Size
0.11 acres
Price per sqft
$443
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: 4 months ago (CRMLS #PW19133897)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2019 | Sold | ||
| Sold | |||
| Jun 8, 2019 | Listed by Realty One Group Diamond | $679,900 | |
| Listed by Realty One Group Diamond | |||
| Apr 17, 2019 | Sold | ||
| Sold | |||
| Oct 18, 2018 | Listed by Coldwell Banker Beachside | $505,000 | |
| Listed by Coldwell Banker Beachside | |||
| | |||
|
Two bedroom two bathroom 1535 square foot home on a 4950 square foot lot in the Wrigley District of Long Beach. Lots of potential for mostly cosmetic improvements. Newer forced air conditioning unit; wired with an alarm system; new thermostat; fireplace in living room; one bath with tub/shower combination—second bath with stall shower; good sized kitchen with eating area in addition to dining room; bonus room opens to the backyard; skylights and solar light tubes; long driveway leads to a gated backyard and 2 car garage. Large concrete area plus recently cleared dirt area for a lawn or garden. Backyard surrounded by block wall. There appears to be some structural damage to the garage—buyer to investigate. This is a probate sale subject to court confirmation.
| |||
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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HOA + Taxes
About North Wrigley
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Listed by: Frank Marshall, Realty One Group Diamond
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19133897
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19133897
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