$450,000
●
Condo -
Off Market
941 Elm Avenue #7
Long Beach, CA 90813
2 Beds
2 Baths
1,051 Ft²
$2,834
Est. Monthly
$403
HOA / Fees
6.55%
Cap Rate
About This Property
Two story condo, extra large bedrooms each has bathroom en-suite,
large living room, washer dryer in unit! Very quiet complex, close
to downtown Long Beach, across from St. Mary's Medical Ctr. HOA
covers gas, water, and refuse!
Unit Size
1,051 Ft²
Days on Market
256 days
Land Size
0.34 acres
Price per sqft
$471
Property Type
Condo
Property Taxes
-
HOA Dues
$403
Year Built
-
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Cap Rate Calculator
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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: 12 months ago (CLAW #23305337)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2023 | Listed by Assertive Realty And Investmen | $495,000 | |
| Listed by Assertive Realty And Investmen | |||
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Side By Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Electric Oven
Flooring Type: Carpet, Laminate, Tile
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1051
Security Features: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Architectural Style: Contemporary
Year Built: 1982
Building Area Total: 1051
Levels: Two
Pool Features: None
Lot Size Area: 14763
Lot Size Units: Square Feet
Lot Size Acres: 0.3389
Lot Size Square Feet: 14763
Utilities Details
Heating Type: Central
Location Details
HOA Fee: $403
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 |
|---|---|---|---|---|---|---|---|
|
01/20/2026
|
2 Bed
|
3 Bath
|
1083 ft²
|
$549,999
2 Bed
3 Bath
1083 ft²
|
$480,000
-12.73%
10/02/2026
|
William Sears
Coldwell Banker Coastal Alliance
| |
|
08/28/2023
|
2 Bed
|
2 Bath
|
1051 ft²
|
$495,000
2 Bed
2 Bath
1051 ft²
|
$450,000
-9.09%
05/10/2024
|
Patricia Grandison
Assertive Realty And Investmen
| |
|
10/21/2020
|
2 Bed
|
3 Bath
|
1000 ft²
|
$375,000
2 Bed
3 Bath
1000 ft²
|
-
-
|
-
| |
|
08/29/2020
|
2 Bed
|
2 Bath
|
1031 ft²
|
$419,000
2 Bed
2 Bath
1031 ft²
|
-
-
|
-
| |
|
07/08/2020
|
2 Bed
|
3 Bath
|
1083 ft²
|
$449,900
2 Bed
3 Bath
1083 ft²
|
-
-
|
-
| |
|
07/12/2019
|
2 Bed
|
2 Bath
|
1031 ft²
|
$425,000
2 Bed
2 Bath
1031 ft²
|
-
-
|
-
| |
|
06/19/2018
|
2 Bed
|
2 Bath
|
1122 ft²
|
$339,000
2 Bed
2 Bath
1122 ft²
|
$356,000
+5.01%
08/14/2018
|
Terri Barreto
Beach Equities
| |
|
09/28/2017
|
3 Bed
|
2 Bath
|
1286 ft²
|
$399,000
3 Bed
2 Bath
1286 ft²
|
$367,500
-7.89%
11/30/2017
|
Jessy Carlos
Tri-Counties A O R
| |
|
05/15/2017
|
2 Bed
|
2 Bath
|
1051 ft²
|
$329,999
2 Bed
2 Bath
1051 ft²
|
$347,500
+5.30%
07/07/2017
|
Rolando Gallegos
California Realty
| |
|
04/24/2017
|
2 Bed
|
2 Bath
|
1083 ft²
|
$375,000
2 Bed
2 Bath
1083 ft²
|
$365,000
-2.67%
06/01/2017
|
SERGIO FLORES
CENTURY 21 DYNASTY
| |
|
04/09/2013
| |
2 Bed
|
2 Bath
|
1122 ft²
|
$189,500
2 Bed
2 Bath
1122 ft²
|
$178,000
-6.07%
05/15/2013
|
Jesus Villanueva
Goldland Pro Realty
|
Building Info
About Saint Mary
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Listed by: Gregory Bass, Assertive Realty And Investmen
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 23305337
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 23305337
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