$895,000
●
House -
Off Market
54 S Corona Avenue
Long Beach, CA 90803
2 Beds
1 Bath
1,087 Ft²
$1,379,882
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
BACK ON MARKET / At no fault of the property - This Wonderful
1927 Spanish style beach cottage. Wood Framed Windows, Wood floors,
wood beams in ceiling, wood plantation blinds. Coved ceilings ,
Central Heating and Air, Tank less water heater, 3 ceiling fans ,
new electrical panel, Copper plumbing, Nice front yard area and
rear patio completely fenced in for privacy & Great for
entertaining & BBQ's. Nice Large rooms, Large bathroom, separate
dining room, lots of personality in exterior features, Spanish
stucco walls front and rear. Spanish tile walkway to enter home and
rear patio area. Low maintenance beautiful landscaping. View
of Ocean from front porch and front yard, just a short 1/2 block to
ocean and walking distance to dining and shopping on 2nd Street !!!
And a single car garage!!
Unit Size
1,087 Ft²
Days on Market
373 days
Land Size
0.05 acres
Price per sqft
$855
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1927
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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 #PW18068520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Mar 25, 2018 | Listed by Triple S Realty, Inc | $929,900 | |
| Listed by Triple S Realty, Inc | |||
Property Highlights
Air Conditioning
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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ft²
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Sold On
Sold On
HOA + Taxes
About Belmont Shore
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Listed by: Dorothy Mesner, Triple S Realty, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18068520
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18068520
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