$929,000
●
House -
Off Market
3330 Karen Avenue
Long Beach, CA 90808
3 Beds
1 Bath
1,330 Ft²
$1,407,110
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
The essence of a Cliff May designed home is its connection to the
outdoors, and this residence is among the best at delivering this
aesthetic. Built in 1953 in the second phase of the Rancho Estates,
this home was expanded several years ago by the designer owner to
create an open kitchen and enlarged great room, dramatically
improving the quality of light and space. The residence opens to a
private and spacious courtyard that is ideal for entertaining or
private relaxation, featuring a patio area, a raised deck area, and
a green area complimented by palm trees and other tropical
plantings. This property sits on a corner lot, adding to the sense
of privacy and openness to sunset views from the living room,
kitchen and yard. Brazilian oak floors, Balinese inspired accents,
and lush tropical vegetation create a calming, spa-like quality to
this home that must be experienced. So, come and take a look at
this very special property – perhaps it will be your next home.
Unit Size
1,330 Ft²
Days on Market
23 days
Land Size
0.14 acres
Price per sqft
$699
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #PW18243969)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2021 | No longer available | - | |
| No longer available | |||
| Jan 11, 2021 | Listed by Keller Williams - Long Beach Pacific Estates | $999,000 | |
| Listed by Keller Williams - Long Beach Pacific Estates | |||
| | |||
| Oct 30, 2018 | Sold | ||
| Sold | |||
| Oct 7, 2018 | Listed by Re/Max R. E. Specialists | $929,000 | |
| Listed by Re/Max R. E. Specialists | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East End
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Listed by: Douglas Kramer, Re/Max R. E. Specialists
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18243969
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18243969
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