$550,000
●
House -
Off Market
4001 Marion Way
Long Beach, CA 90807
2 Beds
2 Baths,
1
Half Bath
2,046 Ft²
$866,899
RealtyHop Estimate
57.91%
Since Aug 1, 2017
CA-Los Angeles
Primary Model
About This Property
This Two Bedroom, Two Story Townhome Style Home with 2046 square
fee is located in the desirable Crown Pointe community in the Bixby
Knolls area. Double door entry opens to fireplace, vaulted
ceilings and wood flooring. The first floor is perfect
for
entertaining. Large living area, step down conversation area with fireplace, and a dining area filled with light.
Kitchen has eating area, pantry, and sliding doors leading to large rear deck. There is a half bath off kitchen area.
Two Bedrooms are located upstairs both with ensuite bathrooms. Master Bedroom has Vaulted ceilings, walk-in
closet and an over-sized attached bath with separate tub and shower. Quiet end of cul-de-sac location with 2 car
garage and a large side yard. Ideal location for commuting to work with easy freeway access to the 405 and 710 freeways. Crown Pointe is a quiet gated community located off County Club Drive in Long Beach. Home is in need of TLC.
entertaining. Large living area, step down conversation area with fireplace, and a dining area filled with light.
Kitchen has eating area, pantry, and sliding doors leading to large rear deck. There is a half bath off kitchen area.
Two Bedrooms are located upstairs both with ensuite bathrooms. Master Bedroom has Vaulted ceilings, walk-in
closet and an over-sized attached bath with separate tub and shower. Quiet end of cul-de-sac location with 2 car
garage and a large side yard. Ideal location for commuting to work with easy freeway access to the 405 and 710 freeways. Crown Pointe is a quiet gated community located off County Club Drive in Long Beach. Home is in need of TLC.
Unit Size
2,046 Ft²
Days on Market
28 days
Land Size
0.12 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
$220
Year Built
1974
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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: 5 months ago (CRMLS #PW17137069)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2017 | Sold | ||
| Sold | |||
| Jun 16, 2017 | Listed by Broadmoor Realty, Inc. | $549,000 | |
| Listed by Broadmoor Realty, Inc. | |||
Property Highlights
Air Conditioning
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
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Asking Price
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Sold On
Sold On
HOA + Taxes
About Los Cerritos
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Listed by: Michael Robinson, Broadmoor Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17137069
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17137069
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