$969,600
●
House -
Off Market
4430 Cerritos Avenue
Long Beach, CA 90807
3 Beds
2 Baths
2,628 Ft²
$1,473,844
RealtyHop Estimate
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
Truly an estate property on a sprawling near 11,000 sq. ft. lot
with pool! One story ranch style home in a highly sought after
neighborhood, Bixby Knolls in Long Beach. This home features a
large living room with fireplace, with an additional fireplace in
the massive family room, with wood beamed ceiling and skylight! The
charm does not end there! There is a formal dining room, Eat in
kitchen with Beautiful accent stain glass window. Plenty of
beautiful built-in custom cabinetry and well maintained original
hardwood floors! Additionally, there are 3 large bedrooms and 2
bathrooms. The master is situated at the rear of the home with door
out to the estate style private yard with beautiful pool & spa
brick patio, and more. Move into your gorgeous estate home in this
fantastic neighborhood! It is just waiting for you! Solar leased
panels.
Unit Size
2,628 Ft²
Days on Market
115 days
Land Size
0.25 acres
Price per sqft
$380
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #PW19154540)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2019 | Sold | ||
| Sold | |||
| Mar 31, 2019 | Listed by Purplebricks Realty Inc. | $999,900 | |
| Listed by Purplebricks Realty Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Bixby Knolls
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kathy Bradford, Purplebricks Realty Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19154540
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19154540
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