$470,000
●
House -
Off Market
344 E Smith Street
Long Beach, CA 90805
3 Beds
1 Bath
1,014 Ft²
$696,046
RealtyHop Estimate
49.69%
Since Nov 1, 2018
CA-Los Angeles
Primary Model
About This Property
Welcome home to this fabulous Mid-Century Beach Home with original
hardwood flooring and charm from the 40's! Quite possibly the most
coveted homes on the market these homes offer everything you NEED
in a home without the wasted space of newer construction. With 3
bedrooms, 1 bathroom and just over 1000 square feet of living space
on a 6221 square foot lot this home has it all! The large backyard
offers mature landscape and privacy as well as the detached 2-car
garage. The main living area has enough space for your living room
and dining room while the galley style kitchen features tile
counter tops, white cabinetry and an additional eating area
surrounded in windows! The bedrooms are all standard size and have
the original hardwood flooring! This home is packed with value and
will not last! Check out pics in video tour.
Unit Size
1,014 Ft²
Days on Market
54 days
Land Size
0.14 acres
Price per sqft
$459
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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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 #CV18214608)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2018 | Listed by RE/MAX CHAMPIONS | $465,000 | |
| Listed by RE/MAX CHAMPIONS | |||
Property Highlights
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
Status
Type
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ft²
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HOA + Taxes
About DeForest Park
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Listed by: TINA SANCHEZ, RE/MAX CHAMPIONS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# CV18214608
Last Updated: 5 months ago
Data Source: CRMLS, MLS# CV18214608
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