$487,500
●
House -
Off Market
6221 Rahn Avenue
Long Beach, CA 90805
3 Beds
2 Baths
1,472 Ft²
$775,775
RealtyHop Estimate
55.16%
Since Dec 1, 2017
CA-Los Angeles
Primary Model
About This Property
WE ARE TAKING BACK-UP OFFERSCharming home located in a quiet, tree
lined, North Long Beach neighborhood. This appealing 3
bedroom, 2 bathroom house features several unique amenities that
are sure to please. Tastefully landscaped front yard with
automatic sprinkler system leads to an inviting living room with an
abundance of natural light. Original hardwood floors are
appointed throughout. Master bedroom boasts gorgeous walk-in
closet and access to spacious back den complete with cozy
fireplace. This recessed back den has entry to boundless
backyard essential for entertaining or raising an active family.
Backyard offers a large jacuzzi and a extra living area, with
some TLC could be transformed into a great mother-in-law suite/
guest room or even an office.Rooms have been freshly painted and
exterior walls have been insulated,dual paned windows and original
hard wood floors. Gated driveway adds privacy and a sense of
relaxing retreat. Washer and Dryer are included in the sale
Conveniently located within quick drive to 710 and 91 freeways.
El Camino College, MLB Academy, and Gateway Town Center.Home
is sold as-is.
Unit Size
1,472 Ft²
Days on Market
99 days
Land Size
0.12 acres
Price per sqft
$340
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: 4 months ago (CRMLS #RS17184839)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $500,000 | |
| Listed | |||
| | |||
|
Charming home located in a quiet, tree lined, North Long Beach neighborhood. This appealing 3 bedroom, 2 bathroom house features several unique amenities that are sure to please. Tastefully landscaped front yard with a automatic sprinkler system leads to an inviting living room with an abundance of natural light. Original hardwood floors are appointed throughout. Master bedroom boasts gorgeous walk-in closet and access to spacious back den complete with cozy fireplace. This recessed back den has entry to boundless backyard essential for entertaining or raising an active family. Backyard offers a large jacuzzi and a extra living area, with some TLC could be transformed into a great mother-in-law suite/ guest room or even an office. Rooms have been freshly painted and exterior walls have been insulated, dual paned windows and original hardwood floors. Gated driveway adds privacy and a sense of relaxing retreat. Conveniently located within quick drive to 710 and 91 freeways, El Camino College, MLB Academy, and Gateway Town Center. The manager has listed the unit size as 1472 square feet.
| |||
| Aug 10, 2017 | Listed by Berkshire Hathaway Hm Ser | $500,000 | |
| Listed by Berkshire Hathaway Hm Ser | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Longwood
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Listed by: Joelie Quezada, Berkshire Hathaway Hm Ser
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS17184839
Last Updated: 4 months ago
Data Source: CRMLS, MLS# RS17184839
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