$700,000
●
Condo -
Off Market
80 62nd Place #2A
Long Beach, CA 90803
2 Beds
1 Bath
870 Ft²
$1,024,637
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Fabulous location on the Peninsula with water in every direction.
Split level condo with 2 spacious bedrooms and 1 central bathroom.
The open concept upper level has a large living room and
dining area, a bright white kitchen and tons of natural light with
skylights and large windows with views of the Bay and Marina.
Inside laundry hookups, large closets and private single car
garage plus a shared community garage for extra storage. New
plank flooring. Enjoy beach living at its finest!
Unit Size
870 Ft²
Days on Market
114 days
Land Size
0.05 acres
Price per sqft
$805
Property Type
Condo
Property Taxes
-
HOA Dues
$250
Year Built
1926
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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: 5 months ago (CRMLS #PW19167260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2019 | Sold | ||
| Sold | |||
| Jul 15, 2019 | Listed by Keller Williams Pacific Estate | $700,000 | |
| Listed by Keller Williams Pacific Estate | |||
Property Highlights
Garage
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Rear
Interior Details
Full Bathrooms: 1
Interior Features: Cathedral Ceiling(s), Open Floorplan, Recessed Lighting, Balcony
Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Range Hood, Water Heater
Flooring Type: Carpet, Laminate
Door Features: Sliding Doors
Laundry Features: Laundry Closet, Upper Level, Stacked
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 870
Property Condition: RepairsCosmetic
Year Built Source: Assessor
Year Built: 1966
Levels: Multi/Split
Pool Features: None
Lot Size Area: 1960
Lot Size Units: Square Feet
Lot Size Acres: 0.045
Lot Size Square Feet: 1960
Tax Lot: 29
Water Source: Public
Utilities Details
Cooling Type: None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Insurance, Trash, Water
HOA Fee: $250
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
07/15/2019
|
2 Bed
|
1 Bath
|
870 ft²
|
$700,000
2 Bed
1 Bath
870 ft²
|
$700,000
11/06/2019
|
Susan Wyant
Keller Williams - Long Beach Pacific Estates
|
Building Info
About Peninsula
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Listed by: Susan Wyant, Keller Williams Pacific Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19167260
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW19167260
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