1
Map
$1,050,000
●
House -
Off Market
55 64th Place
Long Beach, CA 90803
3 Beds
1 Bath,
1
Half Bath
1,420 Ft²
$1,656,443
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
This classic 1928 beach cottage is loaded with charm and is just
steps to Alamitos Bay and Ocean Sunsets. Featuring a separate front
sitting/reading room. Living room with bricked wood burning
fireplace. Large formal dining room with back yard access. Bright
kitchen with natural wood cabinets & Formica counter tops. Nice
size downstairs bedroom with mirrored closet. Hall full bath with
tiled shower. Upstairs features 2 classic bedrooms upstairs with
vaulted ceilings & lots of closet space. 1/2 bath with natural wood
cabinets. Small office or storage room. Forced Air Heating, Double
pane windows. Private back yard with brick planters. 2 car detached
garage with opener & huge storage area above. Enjoy this neighbor
friendly 64th place with summer BBQ'S, movie nights and the famous
Seafood Boil on the Bay.
Unit Size
1,420 Ft²
Days on Market
109 days
Land Size
0.06 acres
Price per sqft
$771
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020
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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 #PW18095329)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 17, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $1,095,000 | |
| Listed | |||
| | |||
|
This classic 1928 beach cottage is loaded with charm & is just steps to Alamitos Bay and Ocean Sunsets. Featuring a separate front sitting/reading room. Living room with bricked wood burning fireplace. Large formal dining room. Bright kitchen with natural wood cabinets & Formica counter tops. Downstairs bedroom with mirrored closet. Hall full bath with tiled shower. 2 bedrooms upstairs with vaulted ceilings & lots of closet space. 1/2 bath with natural wood cabinets. The manager has listed the unit size as 1420 square feet.
| |||
| Apr 30, 2018 | Listed by First Team Real Estate | $1,095,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Fireplace
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 Peninsula
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Listed by: Russ Caldarella, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18095329
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW18095329
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