635 Grand Avenue
About This Property
You can walk to all the cute little cafes, restaurants, shops and points of interest in the famous Belmont Shores and then walk back to the peaceful area of Belmont Heights.
Easy access to 710, 605, 405 and 22 freeways. Close to OC and easy commute to LA.
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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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Compass | $1,250,000 | |
| Listed by Compass | |||
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Welcome to 635 Grand Avenue, a truly remarkable residence located in the heart of one of Long Beach's most coveted neighborhoods, Belmont Heights.
This home stands as a testament to uncompromising quality and meticulous attention to detail. This single-story home spans 1,565 square feet and features a thoughtfully planned layout comprising 3 bedrooms and 2 tastefully appointed bathrooms. The design seamlessly integrates areas for entertaining and cozy relaxation, all bathed in natural light. This property has a beautiful entryway which ushers you into the perfect floor plan. Gorgeous windows, striking original hardwood floors, and a captivating fireplace enhance the home’s natural elegance. The chef’s kitchen includes granite countertops, concrete floors, upgraded cabinetry, KitchenAid appliances, a sun-drenched breakfast nook, and an adorable Dutch Door. The spacious primary bedroom is bright and airy with a large closet and view of the lush backyard. Attached to the primary room is a spa-inspired bath with modern fixtures, elegant finishes, and a relaxing bathtub and stand up shower. Two additional bedrooms, a stylish bathroom, and laundry area complete this level. Set on a generous lot, this home offers an expansive resort-like backyard that's perfect for outdoor living and entertaining. The large grassy area is ideal for gatherings, playing sports, or simply relaxing in your private green oasis. Whether you envision a garden, a playground, or space to entertain with outdoor dining, this backyard provides endless possibilities. This property boasts a two-car detached finished garage that can be used also as a gym/fitness area. It includes epoxy flooring, french doors, new windows, and an upgraded garage door. Some MAJOR upgrades include: a water softening system, a full exterior repaint in 2021 + a new roof was installed in 2020! Concrete and pavers are custom laid and the home has multiple olive, orange, and lime trees throughout the property. Stay cool in the summer and warm in the winter with central AC + heat with a NEST thermostat. A long and expansive driveway allows for plenty of off-street parking/storage. The home sits on an oversized 6,753 square foot lot in a truly amazing neighborhood. Walking distance to all of the award-winning schools, shopping, restaurants, and coffee shops Belmont Heights has to offer. True pride of ownership shows in this home in so many ways. Welcome home!
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| Jan 25, 2018 | Sold | ||
| Sold | |||
Property Highlights
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About Belmont Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017