$690,000
●
House -
Off Market
4530 N Cerritos Drive
Long Beach, CA 90807
3 Beds
1 Bath
1,752 Ft²
$1,092,327
RealtyHop Estimate
45.84%
Since Dec 1, 2019
CA-Los Angeles
Primary Model
About This Property
Welcome to a recently remodeled 3 bedroom, 2 bedroom + family room
home with eye appealing details in beautiful Bixby Knolls. The home
offers great views of Bixby Knolls Park and is located within
walking distance to a revitalized Atlantic Blvd. and close to major
southland freeways (405/91/710). The backyard provides ample space
for entertaining guests as well as opportunities for gardening with
fruitful lemon trees and an avocado tree. The garage is perhaps the
biggest garage you will ever see (it is HUGE) and has the potential
to be used for a multitude of purposes simultaneously. This is an
opportunity to own something special!
Unit Size
1,752 Ft²
Days on Market
75 days
Land Size
0.20 acres
Price per sqft
$428
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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 #OC19203197)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by View Heights Properties | $995,000 | |
| Listed by View Heights Properties | |||
| | |||
|
Here's your opportunity to own a spacious one-story home on a quiet street in the coveted neighborhood of Bixby Knolls. This traditional home has great curb appeal. 1752 sq. ft. of living space and set on a generous 8506 sq. ft. lot. Three bedrooms, two bathrooms, large den and family room. Well-designed layout starting with entry into the living room with coat closet, fireplace, wood floors, and large front facing window that invites ample natural light into the home. Walk through to the dining room equipped with sliding glass doors that stream sunlight and leads to spacious gated back yard. Large well maintained back yard with mature fruit trees, hot tub, and oversized two car detached garage with alley access. Potential to convert detached garage into another living space.
| |||
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Aug 25, 2019 | Listed by Realty Discount Corporation | $749,000 | |
| Listed by Realty Discount Corporation | |||
Property Highlights
Fireplace
With View
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Bixby Knolls
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Listed by: Kurt Steffien, Realty Discount Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19203197
Last Updated: 4 months ago
Data Source: CRMLS, MLS# OC19203197
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