$1,030,000
●
House -
Off Market
344 Ultimo Avenue
Long Beach, CA 90814
3 Beds
2 Baths,
1
Half Bath
1,444 Ft²
$5,156
Est. Monthly
About This Property
***Reduced Price to $1,050,000*** Tucked away on a peaceful
cul-de-sac, this cozy 3-bedroom, 2.5-bath home offers the perfect
combination of comfort, privacy, and coastal living. Just minutes
from the ocean and nearby waterways, it's an ideal retreat for
anyone who loves the outdoors.
The bright and welcoming living room features beautiful bay windows that let in plenty of natural light. The open and functional layout includes a spacious kitchen, a cozy dining area, and comfortable living spaces that make entertaining easy.
Upstairs, you'll find three bedrooms, including a master suite with its own private bath. Enjoy both a front and backyard-perfect for gardening, gatherings, or simply relaxing outdoors. A detached garage adds extra convenience and storage.
Located near two top-rated golf courses, and only a short drive to the beach, this home offers a relaxed, active lifestyle in a quiet, friendly neighborhood.
The bright and welcoming living room features beautiful bay windows that let in plenty of natural light. The open and functional layout includes a spacious kitchen, a cozy dining area, and comfortable living spaces that make entertaining easy.
Upstairs, you'll find three bedrooms, including a master suite with its own private bath. Enjoy both a front and backyard-perfect for gardening, gatherings, or simply relaxing outdoors. A detached garage adds extra convenience and storage.
Located near two top-rated golf courses, and only a short drive to the beach, this home offers a relaxed, active lifestyle in a quiet, friendly neighborhood.
Unit Size
1,444 Ft²
Days on Market
63 days
Land Size
0.07 acres
Price per sqft
$727
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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: 2 years ago (CRMLS #PW25079083)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 16, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$1,100,000
↓ $49K
(4.3%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed by Torelli Realty | $1,149,000 | |
| Listed by Torelli Realty | |||
Property Highlights
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About SEADIP
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Listed by: Eric Martinez, Torelli Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25079083
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25079083
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