Marvin Phillip
Y Realty
(562) 740-8346
32 Total Sales
1 in Belmont Shore
$985,000 Price
133 Corona Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,868,470
6
Beds
6
Baths
3,312
Sq Ft
$564/Sq Ft
Est. Value
Highlights
- No HOA
- Awning
- Wall Furnace
- Naples Bayside Academy Rated A
- Laundry Facilities
About This Home
As of March 2025Sage Real Estate is Proud to present this exceptional 4-Unit Investment Opportunity in Prime Belmont Shore!
Discover the epitome of coastal living with this exquisite 4-unit property located in the heart of Belmont Shore, just steps from the beach and the vibrant shops and cafes of 2nd Street. This building offers a blend of lifestyle and investment potential, ideal for both family legacy and savvy investors.
Unit Mix: Features two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each unit showcases recent upgrades including new stucco, paint, windows, and a completely redone roof, blending modern comfort with elegant design.
Amenities: Residents enjoy on-site parking, communal laundry facilities, and secure bicycle storage, enhancing both convenience and desirability.
Investment Potential: Positioned in a high-demand rental market, this property offers strong rental yields and appreciation potential. A trophy asset that promises growth and stability. One bedroom unit will be delivered vacant at closing. Lifestyle: Offer your tenants a lifestyle of ease and luxury, where they can enjoy beach mornings and evenings exploring local dining and retail—all within walking distance.
This property is a unique opportunity to secure a piece of Belmont Shore, renowned for its strong community feel and high quality of life. Don’t miss out on this chance to invest in a location where demand continues to grow.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. Brokerage Phone: 562-307-0838 License #01417642 Listed on: 09/05/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 2,952 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 3,312 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 3 Parking Spaces
- 3 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Awning
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 2 / 28
- Tax Tract Number 3885
- Assessor Parcel Number 7247014002
- $800 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $297
- Fuel Expense $819
- Gardener Expense $300
- Insurance Expense $2,400
- Maintenance Expense $4,000
- Pest Control $240
- Professional Management Expense $6,593
- Water Sewer Expense $1,198
- New Taxes Expense $23,625
- Operating Expense $39,914
- Gross Income $98,040
- Net Operating Income $58,125
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 5, 2024
Closed on
Feb 20, 2025
Sold by
Jill Thorndike Living Trust and Jill Thorndike
Bought by
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Maryam Alizadeh Samini
Compass
List Price
$2,100,000
Sold Price
$1,778,000
Premium/Discount to List
-$322,000
-15.33%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,470
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,333,500
Outstanding Balance
$1,312,661
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$555,809
Purchase Details
Closed on
Aug 2, 2023
Sold by
Thorndike Jill Eileen
Bought by
Jill Thorndike Living Trust and Thorndike
Purchase Details
Closed on
Jun 24, 2023
Sold by
R & C Thorndike Family Trust
Bought by
Thorndike Jill Eileen
Purchase Details
Closed on
Jun 25, 2002
Sold by
Thorndike Robert E and Thorndike Catherine F
Bought by
Thorndike Robert Edward and Thorndike Catherine F
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Marvin Phillip
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in Belmont Shore
$1,249,999 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
169 Total Sales
2 in Belmont Shore
$1.7M - $1.8M Price Range
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
50 Total Sales
1 in Belmont Shore
$985,000 Price
-
Kathleen Spurlock
Kathleen Spurlock
Coldwell Banker Realty
(562) 269-1596
24 Total Sales
1 in Belmont Shore
$795,000 Price
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
5 in Belmont Shore
$1.3M - $2.9M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,778,000 | Provident Title | ||
| Jill Thorndike Living Trust | -- | None Listed On Document | |
| Thorndike Jill Eileen | -- | None Listed On Document | |
| Thorndike Robert Edward | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,333,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $1,778,000 | -5.9% | $537 / Sq Ft |
| 03/02/2025 03/02/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | Price Changed | $1,890,000 | -5.5% | $571 / Sq Ft |
| 10/09/2024 10/09/24 | Price Changed | $1,999,000 | -4.8% | $604 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $2,100,000 | -- | $634 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $24,575 | $1,813,560 | $1,173,000 | $640,560 |
| 2025 | $24,575 | $1,866,600 | $1,224,000 | $642,600 |
| 2024 | $23,517 | $1,830,000 | $1,200,000 | $630,000 |
| 2023 | $6,857 | $486,804 | $146,050 | $340,754 |
| 2022 | $6,450 | $477,260 | $143,187 | $334,073 |
| 2021 | $6,301 | $467,903 | $140,380 | $327,523 |
| 2019 | $6,211 | $454,026 | $136,217 | $317,809 |
| 2018 | $6,023 | $445,125 | $133,547 | $311,578 |
| 2016 | $5,532 | $427,842 | $128,362 | $299,480 |
| 2015 | $5,319 | $421,416 | $126,434 | $294,982 |
| 2014 | $5,298 | $413,162 | $123,958 | $289,204 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
JH
Seller's Agent in 2025
Juan Huizar
Sage Real Estate Group, Inc.
(562) 725-9009
4 in this area
105 Total Sales
-
Maryam Alizadeh Samini
Buyer's Agent in 2025
Maryam Alizadeh Samini
Compass
(949) 422-3688
1 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24183730
APN: 7247-014-002
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.
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
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