NOT LISTED FOR SALE

14 38th Place Long Beach, CA 90803

Belmont Heights Neighborhood
5 Beds
5 Baths
3,409 Sq Ft
5,259 Sq Ft Lot

Last Sold August 15, 2019

Last sale price $1,725,000 $506 Per Sq Ft

11 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Landscaped
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of August 2019

5 Unit Income Building with 3400 Sqft of Living Space Located just steps to the Beach with New Stucco and Exterior Paint. Situated on a 5,200 Sqft Lot with a Large Owner’s Unit, Rooftop Entertaining Deck with Full Ocean Views and 3 Garage Spaces. Walking Distance to Unique Dining and Boutique Shopping on Second Street.

Last Agent to Sell the Property

Kym Elder

Coldwell Banker Realty License #01320231 Listed on: 07/02/2019

Coldwell Banker Realty

Last Buyer's Agent

Cindy Ludwig

First Team Real Estate License #01020764

First Team Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1939

Lot Details

  • 5,259 Sq Ft Lot
  • Ocean Front
  • No Common Walls
  • Landscaped

Parking

  • 3 Car Garage

Interior Spaces

  • 3,409 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 1 / 250
  • Tax Tract Number 1
  • Assessor Parcel Number 7256001022

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $3,500
  • Water Sewer Expense $1,200
  • New Taxes Expense $22,437
  • Operating Expense $28,337
  • Gross Income $94,080
  • Net Operating Income $65,743

Property Details

Home Type

Apartment

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR4R
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7256001022
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 506.01

Exterior Features

  • View: Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5259.00
  • Lot Size Acres: 0.1207

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 94080.00
  • Gross Scheduled Income: 94080.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 5259.0000 Square Feet
  • Net Operating Income: 65743.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 28337.00
  • Rent Control: No
  • Total Actual Rent: 7840.00
  • Total Expenses: 28337.00
  • Waterfront Features: Ocean Front

Tax Info

  • New Taxes Expense: 22437.00
  • Tax Block: 250
  • Tax Census Tract: 5772.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Range of Values:

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Sold Price
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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
08/15/2019 08/15/19 Sold $1,725,000 -3.9% $506 / Sq Ft
07/02/2019 07/02/19 For Sale $1,795,000 -- $527 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kym Elder

    Seller's Agent in 2019

    Kym Elder

    Coldwell Banker Realty

    (562) 254-1489

    7 in this area

    44 Total Sales

    Kym Elder
    Section Image

  • C

    Buyer's Agent in 2019

    Cindy Ludwig

    First Team Real Estate

    (310) 849-8515

    12 Total Sales

    Cindy Ludwig
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19156603

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803 Belmont Heights

14 38th Place, Long Beach, CA

This home is located at 14 38th Place, Long Beach, CA 90803 since 02 July 2019. This property was built in 1939. 14 38th Place is a home located in Los Angeles County with nearby schools including Mann Elementary School, Woodrow Wilson High School, and Maple Village Waldorf 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

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