$751,000
●
House -
Off Market
740 Roswell Avenue
Long Beach, CA 90804
2 Beds
2 Baths
1,543 Ft²
$1,061,083
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Urban gardeners, here's the home and garden space you've been
seeking! Convenient to everything Long Beach has to offer, this
private & spacious home sits on an 8803 sq. ft. lot tucked at the
end of the road, next to the Long Beach Greenbelt. In addition to 2
bedrooms and bathrooms, there is a large family room, separate
living room, a large kitchen with new counters, plus a bonus room
that could easily be used as a 3rd bedroom or home office. The
floor plan allows for great flexibility in how you choose to use
the space. The home features wood floors, newer windows, and fresh
paint. The oversize lot is an urban gardener's paradise, with
abundant natural landscaping, raised planters behind the house for
your vegetable garden, and a large side patio with a gazebo, and a
spa, There is a detached 2 car garage off the alley with
plenty of room for additional parking. Have an RV or boat you
need to park? No problem. Owned (not leased) solar panels provide
lower electric bills. Conveniently located in East Long
Beach, near Recreation Park, Wilson High School, and Belmont
Heights.
Unit Size
1,543 Ft²
Days on Market
35 days
Land Size
0.20 acres
Price per sqft
$454
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
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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 #PW18108597)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by Keller Williams Coastal Prop. | $700,000 | |
| Listed by Keller Williams Coastal Prop. | |||
Property Highlights
Garage
Fireplace
With View
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 Wilson High
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Shannon Jones, Keller Williams Coastal Prop.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18108597
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18108597
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