1
Map
$659,000
●
House -
Off Market
4244 Walnut Avenue
Long Beach, CA 90807
2 Beds
2 Baths
1,648 Ft²
$980,272
RealtyHop Estimate
46.75%
Since Sep 1, 2019
CA-Los Angeles
Primary Model
About This Property
Open room concept living space. Welcome to the quiet neighborhood
setting of Bixby Highlands. This home has two large bedrooms, one
of them the Master with a 3/4 bath. The family room situated in the
back of the home has a brick fireplace & closets, and could be
converted to a 3rd bedroom. The highlight of this home is the open
concept from the updated kitchen into the dining area and living
room, and has recessed lighting. In between the dining and family
room is yet another area that has been used as an office. The
kitchen includes a stainless fridge with water line, dishwasher,
and 5 burner stove. The long driveway leads to an oversized garage
for 2 cars and includes washer, dryer and a refrigerator. Driveway
can fit 5 cars total or an RV behind the gate. The yard is very
private. Close to all the Bixby Knolls happenings, eateries,
breweries and shops. This home is a gem and a must see.
Unit Size
1,648 Ft²
Days on Market
41 days
Land Size
0.13 acres
Price per sqft
$405
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #PW19137178)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2019 | Sold | ||
| Sold | |||
| Jul 3, 2019 | Listed by Keller Williams Pacific Estate | $668,000 | |
| Listed by Keller Williams Pacific Estate | |||
Property Highlights
Garage
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bixby Knolls
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Andrea Testa, Keller Williams Pacific Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19137178
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19137178
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