$660,000
●
House -
Off Market
3920 Cerritos Avenue
Long Beach, CA 90807
3 Beds
3 Baths
1,930 Ft²
$998,155
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
This well-loved Bixby Knolls home is being sold by the original
owner. 3 bedrooms and 3 full baths including an en-suite
master. There is a hobby room and laundry room off of the
garage. It is in need of updating and cosmetic improvements.
Come and see the great potential of this large home in a
fabulous location. Trust sale, as-is, seller will make no
repairs.
Unit Size
1,930 Ft²
Days on Market
27 days
Land Size
0.15 acres
Price per sqft
$341
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: 4 months ago (CRMLS #PW18217876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by Brooke Realty | $899,000 | |
| Listed by Brooke Realty | |||
| | |||
|
PRICE IMPROVEMENT !!!! This is the Style and Sophistication you have been looking for! Each room has been Artistically Designed to Perfection! The Pristine “Open Concept” Kitchen was upgraded with an Expansive Butcher Block Island and finished with a Herringbone Pattern Subway Backsplash. The Master Bedroom Suite is a True Masterpiece with an Oversized Custom Shower and Luxurious Soaking Tub. Additional Upgrades include a New Roof, New Windows, New HVAC, New 200 Amp Panel and Electrical Wiring. Don’t miss out ~ Your New Home Awaits!
| |||
| Oct 3, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2018 | Listed by Sharon Amarantos, Broker | $659,000 | |
| Listed by Sharon Amarantos, Broker | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Bixby Knolls
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Listed by: Sharon Amarantos, Sharon Amarantos, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18217876
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18217876
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