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336 Eliot Lane
About This Property
Just one block from the scenic Colorado Lagoon and moments from the vibrant shops, restaurants, and cafes of 2nd Street, the location is truly unbeatable. Freshly painted inside and out, the home is move-in ready and filled with character. A newly constructed wood deck off the kitchen provides the perfect spot to enjoy your morning coffee or unwind with an afternoon glass of wine.
Additional features include inside laundry hookups, a single-car garage, and extra off-street parking on the long driveway. This cozy gem is ideal as a full-time residence, a beach-close retreat, or a second home getaway.
This is fromSoCal Landmarks:
Eliot Lane Historic Landmark District
August 23, 2022
City landmark
Eliot Lane is a diminutive Long Beach historic district comprised of a single block of small homes built by the Long Beach firm of Boland and Smith in 1923. It is an early subdivision, in the history of subdivisions, of modest homes built to accommodate workers during an employment explosion following the discovery of oil in nearby Signal Hill and the continuing and accelerating development in Long Beach and the port. At one time these homes were almost identical, mainly in the popular Mission Revival style with some in the Craftsman style )that was already passing out of favor). The street has unusual visual unity and cohesion, providing a snapshot of Long Beach in the twenties. All the original construction remains in place today. The homes, with 600 to 800 square feet with one or two bedrooms, sold for about $2,100 (adjusted for inflation).
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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%.
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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 23, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Coldwell Banker Realty | $749,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
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About Belmont Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017