$665,000
●
House -
Off Market
6161 Rahn Avenue
Long Beach, CA 90805
3 Beds
2 Baths
1,162 Ft²
$643,623
RealtyHop Estimate
3.98%
Since Apr 1, 2023
CA-Los Angeles
Primary Model
About This Property
Welcome to 6161 Rahn Ave. nested in the Coolidge Park Neighborhood
and "First Time" in the Market in over 40 yrs. This home is a
gem that will not last on the market. Home has been well maintained
and major components have been upgraded such as the A/C about a
year old, new vinyl windows, upgraded electrical box, and the roof
has been well maintained its about 10-12 years old. Has an
attached two car garage, big front yard, and great backyard size
with a patio cover for family gathering and BBQ. Located and
tucked in a very quiet neighborhood in North Long Beach close to
major freeways like the 91, 710, and 605 FWYS for easy access to LA
and OC. Walk to local stores and restaurant in the local
neighborhood. Seller wants it Sold. See you in Escrow : )
Unit Size
1,162 Ft²
Days on Market
43 days
Land Size
0.13 acres
Price per sqft
$533
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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: 10 months ago (CRMLS #MB23013137)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by CENTURY 21 REALTY MASTERS | $619,000 | |
| Listed by CENTURY 21 REALTY MASTERS | |||
Property Highlights
Air Conditioning
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 Longwood
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Listed by: Edwin Blanco, CENTURY 21 REALTY MASTERS
Last Updated: 10 months ago
Data Source: CRMLS, MLS# MB23013137
Last Updated: 10 months ago
Data Source: CRMLS, MLS# MB23013137
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