$440,000
●
House -
Off Market
5872 Myrtle Avenue
Long Beach, CA 90805
2 Beds
1 Bath
884 Ft²
$646,342
RealtyHop Estimate
50.31%
Since Apr 1, 2018
CA-Los Angeles
Primary Model
About This Property
Welcome to this beautiful Spanish style home in a prime location in
North Long Beach. This home shines with lots of character and
original details. Original hard wood floors run through the entire
home. Other features include Curved ceilings, Faux Fireplace and
Mantle, Picture rail molding, and lots of built-ins. Remodeled
bathroom boasts of ample storage, marble tile, pedestal sink and
gorgeous detailed archway as you enter the bathtub. This home is
light and bright with an open floor plan, Relaxing backyard and low
maintenance drought tolerant front and back yards. All this
is just miles from the beach. Come see this home today and make it
your own!
Unit Size
884 Ft²
Days on Market
43 days
Land Size
0.11 acres
Price per sqft
$486
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929
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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 #PW18011901)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2021 | No longer available | - | |
| No longer available | |||
| Oct 16, 2021 | No longer available | - | |
| No longer available | |||
| Sep 20, 2021 | Listed by Keller Williams - Long Beach Pacific Estates | $600,000 | |
| Listed by Keller Williams - Long Beach Pacific Estates | |||
| | |||
| Sep 5, 2021 | In contract | - | |
| In contract | |||
| Aug 12, 2021 | Listed by Keller Williams Pacific Estate | $599,999 | |
| Listed by Keller Williams Pacific Estate | |||
| | |||
|
Welcome! This Spanish home has 2 bedrooms and 1 bathroom. Inside this charming home you will be greeted by a beautiful open floor plan, curved ceilings, faux fireplace, picture rail moldings throughout, hardwood flooring, and multiple built-ins. The rooms have walk in closets, the bathroom features gorgeous arched walls that lead you into an updated shower. In the Kitchen you will find updated flooring and gorgeous hardwood cabinets and a nice finishing touch of tankless water heater. The home has a 1 car garage and a long driveway. In the backyard you will be greeted by beautiful fruit trees that has an open space that is ideal for hosting small parties or family BBQs. The home is ideally situated in the middle of the block, walking distance from Jordan High School and the newly built Uptown Commons and new Starbucks. Hurry, this won't last! The manager has listed the unit size as 884 square feet.
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Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Jordan
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Listed by: Alicia Ives, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18011901
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18011901
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