1
Map
$444,140
●
House -
Off Market
5398 Walnut Avenue
Long Beach, CA 90805
2 Beds
1 Bath
876 Ft²
$625,205
RealtyHop Estimate
42.12%
Since May 1, 2020
CA-Los Angeles
Primary Model
About This Property
Outstanding cute starter home in North Long Beach with hardwood
floors & 2 skylights. Country style kitchen with gas stove & ample
storage & cabinent space. Kitchen opens to large grassed back yard
with mature vegetation. Large private corner lot with grass &
trees. Private front, back & side yards have mature hedges for
privacy & security. Large detached 2 car garage with newer garage
door. Full size laundry in garage. Huge long driveway perfect for
many vehicles. Property also features a security gate for added
property & security! This is a probate sale that has already been
approved by the probate court & does not require further court
approval. Executor has "full authority" to sell this property at
this time through a normal escrow process. Please be courteous to
occupants when showing this property. Thank you & please see agent
showing instructions before showing!
Unit Size
876 Ft²
Days on Market
57 days
Land Size
0.10 acres
Price per sqft
$502
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 5 months ago (CRMLS #SB20030087)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2020 | Sold | ||
| Sold | |||
| Feb 9, 2020 | Listed by Pacific Real Estate & Mortgage | $439,900 | |
| Listed by Pacific Real Estate & Mortgage | |||
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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Listed On
Listed On
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Sold On
HOA + Taxes
About Lindbergh
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ben Vicini, Pacific Real Estate & Mortgage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SB20030087
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SB20030087
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