$1,420,000
●
House -
Off Market
5720 Madrid Lane
Long Beach, CA 90814
3 Beds
3 Baths
2,488 Ft²
$7,360
Est. Monthly
$245
HOA / Fees
3.50%
Cap Rate
About This Property
Welcome to 5720 Madrid Lane in the highly desirable Del Lago
community of Long Beach. This beautifully maintained home offers
three bedrooms and three bathrooms including two spacious master
suites upstairs and one bedroom with a full bath on the main level.
The open layout features soaring ceilings abundant natural light a
cozy fireplace and a dining area that flows into the kitchen. The
kitchen is complete with stainless steel appliances granite
countertops and generous cabinet space. The backyard is a private
retreat with a spa lush landscaping and peaceful views of the pond
creating the perfect setting for entertaining or relaxation.
Additional highlights include an attached two car garage wood style
and tile flooring throughout and a light and bright interior.
Conveniently located near Belmont Shore 2nd and PCH Colorado Lagoon
and Marina Vista Park with easy access to freeways beaches and
shopping this home is move in ready and offers the best of Long
Beach living.
Unit Size
2,488 Ft²
Days on Market
95 days
Land Size
0.09 acres
Price per sqft
$582
Property Type
House
Property Taxes
-
HOA Dues
$245
Year Built
1985
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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: 10 months ago (CRMLS #PW25228279)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Oct 24, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Century 21 Masters | $1,449,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About SEADIP
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Listed by: Melinda Elmer, Century 21 Masters
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW25228279
Last Updated: 10 months ago
Data Source: CRMLS, MLS# PW25228279
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