601 Olive Avenue #D
About This Property
The manager has listed the unit size as 626 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.
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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 |
|---|---|---|---|
| Jan 24, 2024 | No longer available | - | |
| No longer available | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed | $400,000 | |
| Listed | |||
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Jan 11, 2020 | Listed | $325,000 | |
| Listed | |||
| |||
|
Come live in this mid-century building located in a vibrant part of Long Beach near downtown and 4th Street's trendy Retro Row, just six blocks from the beach. Local dining, shops, and hip bars nearby. Walkscore is 93. Enjoy your turnkey, move-in condition one bedroom, one bath condo with new kitchen, appliances, cabinets and more. New tile flooring and butcher block counter tops in the kitchen, with a bright dining area located off of the kitchen. Beautifully redone hardwood floors throughout. Spacious living room to relax in. There is a hallway craft storage area with Arto Brick tile and an additional stainless steel sink. The bathroom has been upgraded with tile flooring and a new sink. The spacious main floor bedroom has plenty of closet space. New Milgard double pane windows throughout. The condo comes with its own one car garage including a garage door opener. Additionally, there is an apron parking space in front of the garage to give you a second parking spot. The building has a healthy homeowner's association with low monthly fees. The condo has been freshly painted including the garage. Quiet neighborhood across from St. Anthony's high school. The building is pet-friendly.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2025
|
2 Bed
|
1 Bath
|
973 ft²
|
$465,000
2 Bed
1 Bath
973 ft²
|
$465,000
07/28/2025
|
Silvia Milligan
Coldwell Banker Coastal Alliance
| |
|
12/01/2023
|
1 Bed
|
1 Bath
|
626 ft²
|
$400,000
1 Bed
1 Bath
626 ft²
|
$390,000
-2.50%
01/22/2024
|
Marlena Baldonado
Coldwell Banker Coastal Alliance
| |
|
12/13/2020
|
1 Bed
|
1 Bath
|
629 ft²
|
$299,000
1 Bed
1 Bath
629 ft²
|
-
-
|
-
| |
|
11/01/2020
|
2 Bed
|
1 Bath
|
973 ft²
|
$449,000
2 Bed
1 Bath
973 ft²
|
$440,000
-2.00%
01/26/2021
|
Eugene Rogachevsky
| |
|
08/16/2020
|
1 Bed
|
1 Bath
|
526 ft²
|
$319,000
1 Bed
1 Bath
526 ft²
|
$305,000
-4.39%
11/02/2020
|
Eugene Rogachevsky
| |
|
01/11/2020
|
1 Bed
|
1 Bath
|
626 ft²
|
$325,000
1 Bed
1 Bath
626 ft²
|
$325,000
02/28/2020
|
Jay Valento
Realty One Group Diamond
| |
|
04/01/2019
|
1 Bed
|
1 Bath
|
626 ft²
|
$289,000
1 Bed
1 Bath
626 ft²
|
$289,000
06/21/2019
|
Salvatore Sorrentino
Keller Williams - L.A. Harbor
| |
|
03/29/2019
|
1 Bed
|
1 Bath
|
629 ft²
|
$254,900
1 Bed
1 Bath
629 ft²
|
$250,000
-1.92%
05/20/2019
|
Eugene Rogachevsky
Broadmoor Realty, Inc.
| |
|
10/03/2018
|
1 Bed
|
1 Bath
|
620 ft²
|
$205,000
1 Bed
1 Bath
620 ft²
|
-
-
|
-
| |
|
07/30/2018
|
1 Bed
|
1 Bath
|
626 ft²
|
-
1 Bed
1 Bath
626 ft²
|
-
-
|
-
| |
|
06/19/2018
| |
1 Bed
|
1 Bath
|
629 ft²
|
-
1 Bed
1 Bath
629 ft²
|
-
-
|
-
|
|
06/12/2018
|
1 Bed
|
1 Bath
|
629 ft²
|
$295,000
1 Bed
1 Bath
629 ft²
|
$290,000
-1.69%
07/31/2018
|
Eugene Rogachevsky
Broadmoor Realty, Inc.
| |
|
12/17/2017
|
1 Bed
|
1 Bath
|
626 ft²
|
$225,000
1 Bed
1 Bath
626 ft²
|
$225,000
01/02/2018
|
Michael Barber
Main Street Realtors
|
Building Info
About Downtown Long Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017