$625,000
●
House -
Off Market
4516 WALNUT Avenue
Long Beach, CA 90807
3 Beds
1 Bath
1,000 Ft²
$831,427
RealtyHop Estimate
42.12%
Since May 1, 2020
CA-Los Angeles
Primary Model
About This Property
Enjoy the best of Bixby Highlands! Well maintained home on a
charming street. Strong pride of ownership. Newly painted,
refinished original hardwood flooring, updated bathroom & new brick
fence. This home features tons of natural light and an open flow.
Make your way to the nicely manicured &spacious backyard with 2
shaded gazebos perfect for relaxing and entertaining. Ready to move
in!
Unit Size
1,000 Ft²
Days on Market
47 days
Land Size
0.14 acres
Price per sqft
$585
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1944
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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 (CLAW #20555592)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Listed by Anastasia Koroleva | $795,000 | |
| Listed by Anastasia Koroleva | |||
| | |||
|
Charming single-level 3BR/1BA home in the desirable Bixby Knolls neighborhood of Long Beach. Ideally located walking distance to Cherry Avenue Park and the Long Beach Exchange shopping center with Whole Foods, dining, and retail. Features include real hardwood floors, stainless steel appliances, new water heater, and a bright, functional layout. Enjoy a spacious backyard with lush grass and a detached two-car garage offering excellent ADU potential (buyer to verify). A perfect starter home with room to grow in a prime location. OFFER Deadline - Monday, 1/26 @2PM.
| |||
| Apr 7, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Nelson Shelton Real Estate Era Powered | $585,000 | |
| Listed by Nelson Shelton Real Estate Era Powered | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bixby Knolls
Similar Homes for Sale
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Listed by: Victoria Aguilar, Nelson Shelton Real Estate Era Powered
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20555592
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20555592
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