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523 W 35th
About This Property
The detached two-car garage provides excellent parking and storage and includes an existing ¾ bath, creating exciting ADU potential for future income, multigenerational living, or additional guest accommodations (buyer to verify). Situated on a pride-of-ownership street in one of Long Beach's most beloved neighborhoods, residents enjoy a strong sense of community and convenient access to everything the city has to offer. Wrigley Heights Dog Park is just one block away, with Baker Street Park also nearby. The location is unbeatable-approximately 2.5 miles from Downtown Long Beach, 3 miles from The Pike and the Queen Mary, and about 4 miles from Belmont Shore. Enjoy easy access to the 405 and 710 freeways, as well as the Wardlow Metro Station for convenient commuting. Families will appreciate proximity to highly regarded LBUSD schools, including Los Cerritos Elementary and Hughes Middle School, while shoppers and food lovers will enjoy being just minutes from the popular restaurants, coffee shops, and boutiques of Bixby Knolls. Whether you're a first-time buyer, investor, or someone looking for a charming home with room to grow, this quaint Wrigley Heights gem is a rare opportunity to own in one of Long Beach's most desirable neighborhoods.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Listed by Rodeo Realty | $799,900 | |
| Listed by Rodeo Realty | |||
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About Wrigley Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017