386 Los Altos Avenue
About This Property
Sunlight pours through large windows, illuminating warm hardwood floors and an inviting floor plan designed for both everyday living and easy entertaining. The updated kitchen and baths offer clean, contemporary finishes while preserving the home's classic character. Every space feels warm, comfortable, and move in ready-an increasingly rare find in this highly sought after pocket of the city.
Step outside and the location becomes the star. From your front door, it's just a few blocks to Colorado Lagoon, Marina Vista Park, Marine Stadium, and the cafes and restaurants of 2nd Street. Enjoy mornings along the water, afternoons at the park, and evenings exploring the vibrant coastal dining scene. It's the perfect blend of serenity and convenience-close to everything, yet tucked away from the bustle. The home is also about one block away from the Long Beach city bike path path, connecting you to the rest of the city.
The private backyard offers a peaceful retreat for outdoor dining, gardening, or simply enjoying the ocean breeze. With generous bedrooms, updated systems, and a welcoming indoor/outdoor flow, this home is ideal for those seeking comfort, character, and long-term value in a premium coastal neighborhood.
386 Los Altos Avenue isn't just a home-it's an invitation to live the Alamitos Heights lifestyle, where community, walkability, and coastal charm come together in a way that feels truly special.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Compass | $1,899,000 | |
| Listed by Compass | |||
| Aug 5, 2025 | Price Decreased |
$1,925,000
↓ $50K
(2.5%) | |
| Price Decreased | |||
| May 11, 2025 | Listed | $1,975,000 | |
| Listed | |||
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Custom home in Alamitos Heights, Long Beach CA. — This single story beautiful Craftsman design is completely powered by owned solar system. Ocean breezes and conveniently located just a short distance to Marina Vista park, Colorado lagoon, golf courses, and 2nd St. Belmont Shore, and Main St Seal Beach for shopping and dining. Offering the perfect blend of elegance and comfort. Spanning 2,210 square feet, this thoughtfully designed bright and airy abode features an open concept and thoughtfully designed with 3 spacious bedrooms and 2 luxurious bathrooms, in addition to an office or workshop.
Step inside to discover the beauty of hardwood floors that flow throughout. The heart of the home, a chef’s kitchen with a center island, a culinary enthusiast’s delight. It boasts high-end stainless steel appliances, a gas stove, an island, granite countertops, providing the ideal setting for gourmet cooking. The open kitchen design connects effortlessly to the formal dining room, perfect for hosting intimate dinners or lively gatherings. Relax by the cozy fireplace on cooler nights or enjoy the peaceful sound of the water feature in the 2nd living room with it's own patio area. Enjoy the convenience of a dedicated laundry room. The home's efficient air conditioning and central heating ensure comfort year-round. Outside, another private patio offers a serene escape for morning coffees or evening relaxation.
Additional features include completely paid for solar panels, copper plumbing, 2 separate water heaters, newer roof, an attached 2+ car garage with a pull down staircase to the attic for lots extra storage. This exquisite home represents a rare opportunity to enjoy luxury living in a prime Long Beach location. Don't miss the opportunity to call this stunning house your home. Schedule a viewing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017