$332,500
●
House -
Off Market
4877 Daisy Avenue
Long Beach, CA 90805
2 Beds
1 Bath
868 Ft²
$578,992
RealtyHop Estimate
65.90%
Since Jan 1, 2017
CA-Los Angeles
Primary Model
About This Property
Smaller home on a large lot offers many possibilities for the right
buyer. Ideally located just North of the Virginia Country
Club and the Bixby Area. Also, just minutes to Scherer Park
and easy access to 710, 405 and 91 Freeways. The neighborhood
is minimally traveled as this section of Daisy Street dead ends
just past 48th Street. This 2 bedroom 1 bath home features
the original tile kitchen counters/cabinets, bathroom and floor
furnace. Simple floor plan and large rear yard would allow
for possible expansion to a 3 bedroom/2 bathroom. Room behind
the garage to add workshop, bonus room or in-law suite. This
home features a detached 2-car garage with long driveway. The
rear yard is on an alley and surrounded by a block wall with a
pedestrian gate (additional parking possible). The large lot
measures 50' x 128'. Just down the street from the Riverwalk
Residential Development Project. Property sold in AS IS
condition.
Unit Size
868 Ft²
Days on Market
116 days
Land Size
0.15 acres
Price per sqft
$402
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 11 months ago (CRMLS #PW16182987)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2016 | Sold | ||
| Sold | |||
| Aug 18, 2016 | Listed by Berkshire Hathaway H.S.C.P. | $349,000 | |
| Listed by Berkshire Hathaway H.S.C.P. | |||
Property Highlights
Fireplace
Garage
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
Price/ft²
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Sold On
Sold On
HOA + Taxes
About Sutter
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Listed by: Kara Welliver, Berkshire Hathaway H.S.C.P.
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PW16182987
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PW16182987
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