$485,000
●
House -
Off Market
5829 Olive Avenue
Long Beach, CA 90805
3 Beds
2 Baths
1,376 Ft²
$781,752
RealtyHop Estimate
50.37%
Since Feb 1, 2019
CA-Los Angeles
Primary Model
About This Property
Excellent opportunity for First-Time Home Buyers! Here is your
opportunity to own a home in the family-friendly neighborhood of
North Long Beach. Open floor plan. Tile floors in living room,
kitchen, hallways, bedrooms. Kitchen has recess lighting, Quartz
counters, deep stainless steel sink, and a nice pantry. Master
bedroom has dual closets, recess lighting and owns a private
bathroom. All rooms are spacious with ceilings fans. The living
room features an inviting fireplace perfect for warming up those
chilly nights. There is also a laundry room conveniently located
inside the property. The spacious front yard features a
driveway that leads to the two car garage, providing ample parking
for you and your guests. The backyard is just waiting for your
personal touch to turn it into the perfect outdoor entertaining
space. Must see to appreciate!!
Unit Size
1,376 Ft²
Days on Market
99 days
Land Size
0.12 acres
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #DW18241947)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 11, 2019 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by Keller Williams Pacific Estates | $519,900 | |
| Listed by Keller Williams Pacific Estates | |||
Property Highlights
Fireplace
Garage
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 Jordan
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Fernando Aguilar, Keller Williams Pacific Estates
Last Updated: 5 months ago
Data Source: CRMLS, MLS# DW18241947
Last Updated: 5 months ago
Data Source: CRMLS, MLS# DW18241947
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