$468,000
●
House -
Off Market
5329 Lemon Avenue
Long Beach, CA 90805
3 Beds
1 Bath
1,241 Ft²
$698,042
RealtyHop Estimate
55.16%
Since Dec 1, 2017
CA-Los Angeles
Primary Model
About This Property
First time on the market in over 35 years! This well-maintained 3
bedroom, 2 bath home located in North Long Beach is a great family
home. Built in 1948 this home sits on a large lot approximately
6742 sf lot. Both bathrooms and the kitchen have been updated, new
exterior stucco and paint, new interior paint throughout, newly
installed hot water heater and new air conditioning unit in the
living room. The kitchen features newly painted hardwood cabinets,
tile counters, recessed lighting and lots of counter space and
storage! The master suite features a walk-in closet and ¾ bath.
Front and backyard sprinklers with timer. Home features a
custom built shed behind the garage with an abundance of storage
space. The backyard has two sitting areas, mature wonderful
Navel Orange tree and a new fence. The 2-car garage has a separate
room with shelving for storage. Hurry, this one will go fast!
Unit Size
1,241 Ft²
Days on Market
44 days
Land Size
0.16 acres
Price per sqft
$363
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #RS17221990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2017 | Sold | ||
| Sold | |||
| Sep 25, 2017 | Listed by GE Dean and Associates | $449,900 | |
| Listed by GE Dean and Associates | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lindbergh
Similar Homes for Sale
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Listed by: Eileen Rivera, GE Dean and Associates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS17221990
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS17221990
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