NOT LISTED FOR SALE

105 Roswell Ave Long Beach, CA 90803

Belmont Shore Neighborhood
3 Beds
4 Baths
5,361 Sq Ft
3,112 Sq Ft Lot

Last Sold October 18, 2019

Last sale price $2,470,000 $461 Per Sq Ft

90 Days on Market

Highlights

  • Laundry Room
  • Dog Park
  • Level Lot
  • Lowell Elementary School Rated A-

About This Home

As of October 2019

105 Roswell is a prime 8 Unit property located in the Belmont Shore area of Long Beach. constructed in 1943, this 3story building has great curb appeal with a unit mix of 2 Studios, 3 One-Bedroom & 3 Two-Bedroom, 1.5 Bath units. All Tenants are Month to Month & pay their own utilities. Some units have laundry hook-ups, fireplaces, balconies & ocean views.
This property is just 1 short block walk to Ocean Blvd., the sandy shoreline, Rose's Dog Beach, Belmont Plaza Pool & Belmont Pier. Von's and the iconic mainstay Chuck's Coffee Shop & Diner are just a few blocks away.

Last Agent to Sell the Property

Steve Warshauer

Coldwell Banker Commercial License #00499477 Listed on: 06/23/2019

Coldwell Banker Commercial

Co-Listed By

George Bustamante

Coldwell Banker Commercial License #01484265

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 3,112 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 5,361 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256026004

Community Details

Recreation

  • Dog Park

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $4,079
  • Maintenance Expense $6,500
  • Professional Management Expense $1,314
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $25,000
  • Operating Expense $38,693
  • Gross Income $131,400
  • Net Operating Income $88,901

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • CapRate: 3.29
  • Price Per Unit: 337500
  • Professional Management Expense: 1314.00
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7256026004
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 460.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Common Area, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Dog Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 3112.00
  • Lot Size Acres: 0.0714
  • Latitude Manual: 33.76059700

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 131400.00
  • Gross Scheduled Income: 130200.00
  • Gross Spendable Income: 20.00
  • Insurance Expense: 4079.00
  • Lot Size Area: 3112.0000 Square Feet
  • Maintenance Expense: 6500.00
  • Net Operating Income: 88901.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 38693.00
  • Rent Control: No
  • Total Expenses: 38693.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Block: 3
  • Tax Census Tract: 5773.00
  • Tax Lot: 6
  • Tax Tract Number: 3750

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $2,470,000 -8.5% $461 / Sq Ft
09/23/2019 09/23/19 Price Changed $2,700,000 +8.0% $504 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/18/2019 09/18/19 Price Changed $2,500,000 -7.4% $466 / Sq Ft
06/23/2019 06/23/19 For Sale $2,700,000 -- $504 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Warshauer

    Seller's Agent in 2019

    Steve Warshauer

    Coldwell Banker Commercial

    (562) 495-6070

    2 in this area

    21 Total Sales

    Steve Warshauer
    Section Image
  • George Bustamante

    Seller Co-Listing Agent in 2019

    George Bustamante

    Coldwell Banker Commercial

    (562) 326-5043

    1 in this area

    46 Total Sales

    George Bustamante
    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,581 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19150393

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90803 Belmont Shore

105 Roswell Ave, Long Beach, CA

This home is located at 105 Roswell Ave, Long Beach, CA 90803 since 23 June 2019. This property was built in 1943. 105 Roswell Ave is a home located in Los Angeles County with nearby schools including Lowell Elementary School, Rogers Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes