$524,497*
●
Condo -
Off Market
623 Walnut Avenue #9
Long Beach, CA 90802
2 Beds
2 Baths
820 Ft²
$350,000 - $426,000
Reference Base Price*
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
CITY OF LONG BEACH - spacious 2 bedroom, 2 bath CONDO (2nd Floor)
is now for sale and ready for a new owner. Property offers a
master bedroom with a private balcony. Crown molding and
recess lighting throughout. Both bathrooms offer tub/shower
(full baths). Kitchen is a nice size space, granite counter
tops and tile flooring (all appliances will stay). No issues
with parking for this property - this condo comes with 2 designated
parking slots inside garage and secured. Seller willing to
provide some flooring credit to switch out carpet - ask for
details. Location, Location, Location - this property is only
less than a mile to shoreline. JOIN ME ON FRIDAY, AUG 14TH
VIRTUAL OPEN HOUSE LIVE ON FACEBOOK:
https://www.facebook.com/VirginiaHernandezRealtor
The manager has listed the unit size as 820 square feet.
The manager has listed the unit size as 820 square feet.
Unit Size
820 Ft²
Days on Market
-
Land Size
-
Price per sqft
$473
Property Type
Condo
Property Taxes
-
HOA Dues
$21
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2021 | No longer available | - | |
| No longer available | |||
| Feb 19, 2021 | Relisted | $388,000 | |
| Relisted | |||
| Dec 28, 2020 | In contract | - | |
| In contract | |||
| Dec 1, 2020 | Price Decreased |
$388,000
↓ $7K
(1.8%) | |
| Price Decreased | |||
| Oct 11, 2020 | Listed | $395,000 | |
| Listed | |||
| | |||
|
SPACIOUS and CLEAN 2 bedroom, 2 bath condo in Long Beach is waiting for the new owner. PROPERTY RECENTLY UPDATED and offers new laminated PERGO waterproof wood flooring throughout. Kitchen offers granite counter tops and “brand new” freestanding range (all appliances to stay to include refrigerator). Living room offers crown molding and recess lighting. Designated dining area with new ceiling fan. 2 Full Bathrooms with granite countertops and tile tub/showers. Master bedroom offers wall-to-wall closet space and 50 ft balcony. 2nd Bedroom offers wall-to-wall closet space. NO PARKING ISSUES HERE - this unit comes with designated 2-car parking spaces located in 1st level secured garage. Community laundry room . Property is located less than a mile from Shoreline. The manager has listed the unit size as 820 square feet.
| |||
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Property Highlights
Parking Available
With View
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/11/2020
|
2 Bed
|
2 Bath
|
820 ft²
|
$409,900
2 Bed
2 Bath
820 ft²
|
-
-
|
-
| |
|
11/15/2019
|
2 Bed
|
2 Bath
|
810 ft²
|
$420,000
2 Bed
2 Bath
810 ft²
|
-
-
|
-
| |
|
02/26/2019
|
2 Bed
|
2 Bath
|
794 ft²
|
$319,000
2 Bed
2 Bath
794 ft²
|
$313,000
-1.88%
05/10/2019
|
Mod O'Connell
Century 21 On Target
| |
|
02/22/2019
|
2 Bed
|
2 Bath
|
820 ft²
|
$399,900
2 Bed
2 Bath
820 ft²
|
$388,000
-2.98%
04/02/2019
|
Ron Pineda
Keller Williams Realty
| |
|
08/20/2018
|
2 Bed
|
2 Bath
|
820 ft²
|
$299,000
2 Bed
2 Bath
820 ft²
|
$306,500
+2.51%
11/21/2018
|
Brian Gonzales
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017