$369,900
●
House -
Off Market
6038 Gundry Avenue
Long Beach, CA 90805
3 Beds
1 Bath
1,014 Ft²
$649,004
RealtyHop Estimate
75.45%
Since Dec 1, 2015
CA-Los Angeles
Primary Model
About This Property
INVESTOR DREAM! 2 Bedroom, 1 Bath house with a mother-in-law
quarters and bonus room in back - total 4 bedrooms, 2 kitchens and
2 baths. This beautiful home is located on a tree-lined street in a
gorgeous neighborhood of North Long Beach. This home has a long
drive-way and lush tropical landscaping. Dream home with dream
tenants that take care of everything including utilities.
Unit Size
1,014 Ft²
Days on Market
120 days
Land Size
0.11 acres
Price per sqft
$365
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928
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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: 2 years ago (CRMLS #OC15153304)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | No longer available | - | |
| No longer available | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | No longer available | - | |
| No longer available | |||
| Jan 26, 2024 | Listed by Coldwell Banker Blackstone Realty | $799,000 | |
| Listed by Coldwell Banker Blackstone Realty | |||
| | |||
|
The Spanish beauty you've been looking for! Welcome to 6038 Gundry. Located in a sought after neighborhood of Long Beach, you will find this tastefully re-imagined 2 bedroom 1 bath 1920's Spanish front home has many upgrades and highly desired features! Upon arrival you will fall in love with the Classic Spanish exterior. As you enter you step on to the new wood vinyl flooring through-out, New paint, and newer windows. The kitchen has new soft close cabinets and drawers along with Black stainless stove and dishwasher. A small kitchen peninsula island is perfect for breakfast w the kids or the dining area with a new light and newer dual pane windows. The Bathroom has new tiled shower with new vanity, mirror, and lighting. Both bedrooms are similar size and also have new wood vinyl flooring, new baseboards and new paint. The garage has a permitted bathroom w new vanity and shower enclosure. The Kitchenette has white shaker cabinets w quartz counter tops The flooring is also new wood vinyl flooring, and has new paint. Upstairs there is a additional room could be used as a living room or additional bedroom. This property is a perfect income producing property with so many possibilities The manager has listed the unit size as 860 square feet.
| |||
| Nov 10, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Jordan
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Listed by: Lisa Karos, RE/MAX Select One
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC15153304
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC15153304
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