$686,000
●
House -
Off Market
3408 Karen Avenue
Long Beach, CA 90808
3 Beds
1 Bath
1,219 Ft²
$951,195
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Welcome Home to 3408 Karen Avenue! This home has been
meticulously remodeled with all of the modern finishes you could
dream of! White shaker-style cabinetry in the kitchen, white
subway tile backsplash, large Kohler stainless-steel basin sink,
Bosch 5-burner gas cooktop, stainless-steel appliances, recessed
lighting, new central AC and heating system, ceiling fans, newer
dual-pane windows and sliding door, and so much more.
Gorgeous refinished hardwood floors in the living areas and
bedrooms, and modern tile flooring in the kitchen, laundry area,
and bathroom. The backyard features a raised concrete patio,
perfect for entertaining, a detached garage that could be converted
to an additional living space, as well as an avocado tree, lime
tree, orange tree, and two lemon trees. This home is also
assigned to the coveted Newcomb K-8 Academy. Easy access to
the 405 and 605 freeways, and only a few minutes from the Long
Beach Town Center, and El Dorado Park.
Unit Size
1,219 Ft²
Days on Market
43 days
Land Size
0.12 acres
Price per sqft
$532
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: 5 months ago (CRMLS #PW19186170)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2019 | Sold | ||
| Sold | |||
| Jul 23, 2019 | Listed by Keller Williams Pacific Estate | $649,000 | |
| Listed by Keller Williams Pacific Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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HOA + Taxes
About East End
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Beatrix Whipple, Keller Williams Pacific Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19186170
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19186170
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