$520,000
●
House -
Off Market
5206 Gundry Avenue
Long Beach, CA 90805
3 Beds
2 Baths
1,616 Ft²
$803,974
RealtyHop Estimate
46.18%
Since Oct 1, 2019
CA-Los Angeles
Primary Model
About This Property
This Long Beach home situated in a friendly ,quiet neighborhood one
block away to Bixby Area. Conveniently located to YMCA,
commercial centers, banks, police station and schools. The house
features 3 bedrooms/two bathrooms, huge family room with brick
fireplace, and a 228 sq ft office permitted so the total living
space is 1844 sq ft. The kitchen has new quartz kitchen
counter,stainless steel sink ,lots of cabinets, The entire house
has lots of new dual pane windows and ceramic floor tiles for easy
cleaning. Bathrooms well kept with tiles on the floor and on
the side of the shower stalls. Backyard spacious with fruit
trees , block fence, there is also a wheelchair access on one
bedroom. The property used to have a license for small family home
and fire clearance is currently still active .
Unit Size
1,616 Ft²
Days on Market
104 days
Land Size
0.13 acres
Price per sqft
$340
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #PW19120015)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by Nationwide Real Estate Execs | $550,000 | |
| Listed by Nationwide Real Estate Execs | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Lindbergh
Similar Homes for Sale
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Listed by: Patricia Conejos, Nationwide Real Estate Execs
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19120015
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW19120015
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