Listed by: Colton Whitney, eXp Realty of California, Inc.
$1,635,000
●
House -
Off Market
40 Quincy Avenue
Long Beach, CA 90803
4 Beds
2 Baths,
1
Half Bath
1,976 Ft²
$7,857
Est. Monthly
About This Property
Welcome to 40 Quincy, a beautifully crafted Spanish-style home,
perfectly positioned just steps from the beach and a short stroll
to the vibrant energy of 2nd Street, without compromising on
privacy. Come see the epitome of coastal living, blending timeless
architectural charm with modern convenience. Inside, you'll find
rich hardwood floors and custom carpentry throughout, complementing
a kitchen equipped with high-end appliances for the discerning
chef. The private, enclosed courtyard offers a serene space for
relaxation or intimate gatherings. An expansive roof deck provides
the ideal setting for sunbathing or entertaining guests, capturing
the essence of the Southern California lifestyle. This charming
home is waiting for you to make it your own, offering the perfect
blend of style and location - schedule a tour today!
Unit Size
1,976 Ft²
Days on Market
30 days
Land Size
0.07 acres
Price per sqft
$810
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928
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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 #OC24197176)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by eXp Realty of California, Inc. | $1,600,000 | |
| Listed by eXp Realty of California, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Belmont Shore
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Listed by: Colton Whitney, eXp Realty of California, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24197176
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24197176
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