$651,000
●
House -
Off Market
901 Loma Avenue
Long Beach, CA 90804
2 Beds
1 Bath
1,188 Ft²
$988,910
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
A bright and airy interior welcomes you to this traditional home in
the Greenbelt Heights neighborhood. Beautiful hardwood floors, a
galley kitchen with breakfast alcove, and forced air heating &
central air conditioning are just a few great features this home
has to offer. The home office features custom cabinets and large
windows, bringing in plenty of natural light and an outstanding
view. The backyard is a lush tropical oasis with a tranquil pond
and a wide assortment of fruit trees, including avocado, orange,
lemon, apple, pear, fig, guava, guayaba, peach, and apricot. The
home sits on a huge lot, which is zoned R3, providing the potential
of adding units in the back. You won't have to hunt for parking
because there's a detached two car garage with a parking apron plus
RV parking with alley access. This home is in a great, very
walkable neighborhood, close to schools, shopping and Recreation
Park.
Unit Size
1,188 Ft²
Days on Market
48 days
Land Size
0.15 acres
Price per sqft
$547
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #PW18257647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2018 | Sold | ||
| Sold | |||
| Oct 10, 2018 | Listed by Keller Williams Coastal Prop. | $650,000 | |
| Listed by Keller Williams Coastal Prop. | |||
Property Highlights
Air Conditioning
Fireplace
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# PW18257647
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18257647
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