NOT LISTED FOR SALE

140 Prospect Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,335,000 - $1,899,000

2 Beds
2.5 Baths
1,000 Sq Ft
$1,518/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $975,000 $975 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,229/month

Highlights

  • All Bedrooms Downstairs
  • Lowell Elementary School Rated A-
  • No HOA

About This Home

As of June 2014

All utilities included!!! 2 bed, 2 1/2 bath home 1 block from 2nd street shops and restaurants and 2 blocks from the beach! This unit has been beautifully appointed with a large master suite and custom walk-in closet. Remodeled kitchen with stainless steel appliances, ceiling fans and enclosed patio. The unit comes with 2 parking spaces, and a small storage unit. Washer and dryer onsite.

Last Agent to Rent the Property

Nicole Wright

Seven Gables Real Estate License #01815895 Listed on: 02/21/2014

Seven Gables Real Estate

Last Renter's Agent

Nicole Wright

Seven Gables Real Estate License #01815895 Listed on: 02/21/2014

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,145 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • 1,000 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes electricity, gardener, gas, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 15
  • Tax Tract Number 3885
  • Assessor Parcel Number 7256024015

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

3,145 Sq Ft Lot

Parking

1

Rental Info

  • Cashiers Check: Credit Report
  • Credit Check Paid By: Tenant
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7256024015
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 2.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3145.00
  • Lot Size Acres: 0.0720

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 3145.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Rent Includes: Electricity, Gardener, Gas, Trash Collection, Water

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 3885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jan 21, 2014
Sold by
Moreno Juan Lorenzo
Bought by
R K Miller Investment Company Inc
Seller's Agent
Neptune Mobasser
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$985,000
Sold Price
$975,000
Premium/Discount to List
-$10,000
-1.02%
Current Estimated Value
$1,517,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,729
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
Apr 29, 2009
Sold by
Moreno Juan Lorenzo
Bought by
The Juan Lorenzo Moreno Living Trust

Purchase Details

Closed on
Apr 8, 1999
Sold by
Moreno Juan L
Bought by
Moreno Juan Lorenzo and Juan Lorenzo Moreno Living Trust

Purchase Details

Closed on
Apr 15, 1994
Sold by
Radkey Robert L
Bought by
Moreno Juan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
R K Miller Investment Company Inc $975,000 Equity Title Orange County-I
The Juan Lorenzo Moreno Living Trust -- None Available
Moreno Juan Lorenzo -- None Available
Moreno Juan Lorenzo -- --
Moreno Juan L $210,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Juan L $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2014 05/22/14 Rented $2,400 -5.9% --
04/22/2014 04/22/14 Under Contract -- -- --
02/21/2014 02/21/14 For Rent $2,550 0.0% --
02/14/2014 02/14/14 Sold $975,000 -1.0% $557 / Sq Ft View Prior Sale
02/14/2014 02/14/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $985,000 -- $563 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $14,957 $1,195,203 $950,037 $245,166
2024 $14,957 $1,171,768 $931,409 $240,359
2023 $14,708 $1,148,794 $913,147 $235,647
2022 $13,794 $1,126,270 $895,243 $231,027
2021 $13,531 $1,104,188 $877,690 $226,498
2019 $13,338 $1,071,439 $851,658 $219,781
2018 $13,002 $1,050,431 $834,959 $215,472
2016 $11,965 $1,009,644 $802,538 $207,106
2015 $11,476 $994,480 $790,484 $203,996
2014 $4,497 $369,109 $232,925 $136,184
Source: Public Records

Agents Affiliated with this Home

  • Neptune Mobasser

    Seller's Agent in 2014

    Neptune Mobasser

    Coldwell Banker Realty

    (714) 832-0020

    12 Total Sales

    Neptune Mobasser
    Section Image
  • Nicole Wright

    Landlord's Agent in 2014

    Nicole Wright

    Seven Gables Real Estate

    (562) 394-7647

    20 Total Sales

    Nicole Wright
    Section Image

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,374 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14037099

California Regional Multiple Listing Service (CRMLS)

APN: 7256-024-015

California Los Angeles County Long Beach 90803 Belmont Shore

140 Prospect Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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
Your Personal Tour Guide

Ask me questions while you tour the home.