$452,000
●
House -
Off Market
6165 Lemon Avenue
Long Beach, CA 90805
2 Beds
1 Bath
1,138 Ft²
$671,858
RealtyHop Estimate
49.63%
Since Dec 1, 2018
CA-Los Angeles
Primary Model
About This Property
Well maintained North Long Beach home, features include spacious 2
bedrooms / 1 bath, large living room and dining room, granite
counter top kitchen with breakfast nook, all appliances included,
hardwood floors and barrel ceilings throughout, central A/C and
heat system, 2 car detached garage with separate laundry room,
landscaped front and back yard
Unit Size
1,138 Ft²
Days on Market
48 days
Land Size
0.10 acres
Price per sqft
$395
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #PW18231778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2018 | No longer available | - | |
| No longer available | |||
| Nov 9, 2018 | Sold | ||
| Sold | |||
| Sep 22, 2018 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Well maintained North Long Beach home, features include spacious 2 bedrooms / 1 bath, large living room and dining room, nice kitchen with breakfast nook, all appliances included, hardwood floors and barrel ceilings throughout, central A/C and heat system, 2 car detached garage with separate laundry room, landscaped front and back yard The manager has listed the unit size as 1138 square feet.
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Property Highlights
Air Conditioning
Fireplace
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 Jordan
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Currently no similar homes aroundNearby Rentals
Listed by: Ron Arriola, Keller Williams Pacific Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18231778
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18231778
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