$555,000
●
House -
Off Market
3508 Delta Avenue
Long Beach, CA 90810
3 Beds
2 Baths
1,231 Ft²
$804,926
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Beautiful 3-bedroom 2-bath house conveniently located near 405 and
710 freeways, public transportation schools and shopping. Large bay
window lighting up dinning area, spacious living room, open
concept, new floors throughout entire home. Master bedroom with
large walking closet and lovely french doors to a charming out door
deck leading to the spacious back yard just a few miles to historic
bixby knolls and Shoreline Village shopping and dinning. Also
features central A/C and heating, tankless water heater, new
microwave hood range, dishwasher and much more. ''Must see to
appreciate''
Unit Size
1,231 Ft²
Days on Market
32 days
Land Size
0.11 acres
Price per sqft
$447
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1944
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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 #RS19248079)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2019 | Sold | ||
| Sold | |||
| Oct 21, 2019 | Listed by Berkshire Hathaway Hm Ser | $549,900 | |
| Listed by Berkshire Hathaway Hm Ser | |||
| Aug 22, 2019 | Sold | ||
| Sold | |||
| Aug 8, 2019 | Listed by Beach Cities Properties, Inc. | $450,000 | |
| Listed by Beach Cities Properties, Inc. | |||
| | |||
|
This would be a wonderful project for an owner-occupied or rental home. With a small investment of money and time, this one could be brought back to its glory days and a new owner could realize some instant "sweat equity" for themselves. Act quickly, we are racing the bank on this one and are priced to sell fast.
| |||
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About West Long Beach
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Listed by: Rene Cardona, Berkshire Hathaway Hm Ser
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS19248079
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS19248079
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