$737,000
●
House -
Off Market
6101 Olive Avenue
Long Beach, CA 90805
2 Beds
1 Bath
987 Ft²
$3,438
Est. Monthly
About This Property
Welcome to this delightful 2-bedroom, 1-bathroom home, a perfect
blend of comfort, character, and potential! Nestled in the vibrant
heart of Long Beach, this charming property offers a warm and
inviting atmosphere with spacious rooms, abundant natural light,
and a versatile layout designed for both relaxation and
functionality.
Step inside to discover a bright and airy living space, ideal for cozy evenings or entertaining guests. The thoughtfully designed floor plan maximizes both comfort and convenience, making it a wonderful place to call home.
Outside, enjoy the perks of living in a prime Long Beach location, with shops, restaurants, parks, and entertainment just minutes away. Whether you're a first-time buyer, downsizing, or looking for a fantastic investment opportunity, this home is full of possibilities.
Step inside to discover a bright and airy living space, ideal for cozy evenings or entertaining guests. The thoughtfully designed floor plan maximizes both comfort and convenience, making it a wonderful place to call home.
Outside, enjoy the perks of living in a prime Long Beach location, with shops, restaurants, parks, and entertainment just minutes away. Whether you're a first-time buyer, downsizing, or looking for a fantastic investment opportunity, this home is full of possibilities.
Unit Size
987 Ft²
Days on Market
42 days
Land Size
0.14 acres
Price per sqft
$709
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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 #PW25060901)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | Listed by Real Broker | $699,999 | |
| Listed by Real Broker | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Jordan
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Listed by: Brittany Morris-Scott, Real Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25060901
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25060901
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