5550 Strand #107
About This Property
The manager has listed the unit size as 1668 square feet.
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 8, 2021 | In contract | - | |
| In contract | |||
| Mar 5, 2021 | Listed | $995,000 | |
| Listed | |||
| | |||
|
TURNKEY TOWNHOME WITH 3 CAR GARAGE AND MAIN FLOOR BEDROOM! Incredible opportunity to purchase this three-bedroom Townes model townhome, located in the premier gated community of ThreeSixty at South Bay-offering tremendous quality of life and value! As you enter the home, you will be welcomed with a light-filled open living/dining area and kitchen featuring stainless steel appliances, Caesarstone countertops, an island and pantry closet. A balcony located directly off of the living room is the perfect destination to entertain friends and has enough room to accommodate a BBQ grill. On the upper level, you will find two master bedrooms with private baths, and one having double vanity sinks. A loft space separates the upper-level bedrooms and provides an alternative living area - to be set it up as you wish: home office, playroom or media area. The main level of the home features the third guest bedroom - ideal to host guests or for a second home office. The THREE CAR garage is a rare bonus - providing extra storage space (currently set-up as a children's play area)! ThreeSixty at South Bay features resort-style amenities: two spectacular heated pools, large spa, WiFi enabled community rooms, upgraded fitness center, sports court, 2 dog parks, tot lot, large park area and much more! Enjoy being minutes from LAX, El Segundo, Playa Vista, Manhattan Beach, The Point, Whole Foods, and abundant dining and entertainment options. Wiseburn School District and DaVinci Charter Schools. The manager has listed the unit size as 1672 square feet.
| |||
| Jul 20, 2019 | No longer available | - | |
| No longer available | |||
| May 2, 2019 | Listed | $910,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/01/2026
|
2 Bed
|
3 Bath
|
1630 ft²
|
$1,119,000
2 Bed
3 Bath
1630 ft²
|
-
-
|
Matthew Barry
eXp Realty of California Inc
| |
|
12/12/2025
|
4 Bed
|
1 Bath
|
2040 ft²
|
$1,395,000
4 Bed
1 Bath
2040 ft²
|
$1,370,000
-1.79%
02/27/2026
|
Andalusia Mesa
Tower-60
| |
|
03/05/2021
|
3 Bed
|
3 Bath
|
1672 ft²
|
$995,000
3 Bed
3 Bath
1672 ft²
|
-
-
|
-
| |
|
09/25/2020
|
2 Bed
|
3 Bath
|
1630 ft²
|
$890,000
2 Bed
3 Bath
1630 ft²
|
-
-
|
-
| |
|
08/20/2020
|
4 Bed
|
4 Bath
|
2106 ft²
|
$1,085,000
4 Bed
4 Bath
2106 ft²
|
-
-
|
-
| |
|
11/22/2019
|
3 Bed
|
2 Bath
|
1629 ft²
|
$940,000
3 Bed
2 Bath
1629 ft²
|
$960,000
+2.13%
03/20/2020
|
Holly Danna
Douglas Elliman of California, Inc.
| |
|
08/28/2019
|
4 Bed
|
4 Bath
|
1930 ft²
|
$995,000
4 Bed
4 Bath
1930 ft²
|
$995,000
11/01/2019
|
Rob Depaoli
Compass
| |
|
05/02/2019
|
3 Bed
|
3 Bath
|
1668 ft²
|
$910,000
3 Bed
3 Bath
1668 ft²
|
-
-
|
-
| |
|
05/19/2017
|
4 Bed
|
1 Bath
|
2050 ft²
|
$989,000
4 Bed
1 Bath
2050 ft²
|
$989,000
07/06/2017
|
Gabrielle Herendeen
Re/Max Estate Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017