$487,000
●
House -
Off Market
4213 Falcon Avenue
Long Beach, CA 90807
2 Beds
1 Bath
1,308 Ft²
$698,042
RealtyHop Estimate
55.16%
Since Dec 1, 2017
CA-Los Angeles
Primary Model
About This Property
OPPORTUNITY KNOCKS!!! POTENTIAL, POTENTIAL, POTENTIAL! This fixer
is perfect for an investor eager for a project...TLC needed
throughout! 2 bedroom/1 bath w/large family room, living room
w/fireplace, indoor laundry room & 2 car detached garage. Living
room flows through wide arch to formal dining room. Kitchen has
breakfast bar, gas stove and is open to stepdown family room.
Private backyard has several lush citrus trees, a covered patio and
gorgeous bougainvillea...room to add on if desired. Located in the
much desired Bixby Highlands neighborhood - known for tree lined
streets, award winning schools, proximity to freeways, shopping,
dining, Cherry Park...the suburban lifestyle with a dash of urban
cultural & community events such as First Fridays...! Hurry - This
one will go quickly!
Unit Size
1,308 Ft²
Days on Market
23 days
Land Size
0.13 acres
Price per sqft
$344
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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Cap Rate Calculator
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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 #PW17252483)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2017 | Sold | ||
| Sold | |||
| Nov 7, 2017 | Listed by Keller Williams Realty | $449,900 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Bixby Knolls
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Joseph Sopo, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17252483
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17252483
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