Scott Underwood
Meadowbrook Realty
(424) 785-0908
27 Total Sales
2 in Belmont Heights
$610K - $700K Price Range
16 38th Place Long Beach, CA 90803
Belmont Heights Neighborhood
10
Beds
7
Baths
5,473
Sq Ft
5,257
Sq Ft Lot
Highlights
- Property is near public transit
- Laundry Facilities
- Rectangular Lot
- Wilson High School Rated A
About This Home
As of March 2024Rare opportunity to own a true pride of ownership building with unparalleled location in Belmont Shore. This 7 unit building consists of 5,473 rentable SF and features (3) 2 bed | 1 Bath units, and (4) 1 Bed | 1 Bath units. Expansive Pacific Ocean views from 3 of the 7 units. One of the 2 bedroom units is a two story owner’s unit with stunning ocean views and a wrap around balcony. Ample Parking with 1 tandem 2 car garage, 2 single car garages and 6 surfaces spaces. First time on the market in 45 years. Tons of upside in the rents. Walking Distance to Long Beach Memorial Pier, The Beach and Bluff Park. Within 1 Mile of the abundance of Retail, Dining & entertainment Options at Belmont Shore’s Famous 2nd Street.
Last Agent to Sell the Property
Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 01/03/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 5,257 Sq Ft Lot
- Two or More Common Walls
- No Landscaping
- Rectangular Lot
Parking
- 6 Open Parking Spaces
- 4 Car Garage
Home Design
- Apartment
- Entry on the 2nd floor
Interior Spaces
- 5,473 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Location
- Property is near public transit
Listing and Financial Details
- Legal Lot and Block 1 / 250
- Tax Tract Number 5772
- Assessor Parcel Number 7256001023
- $1,329 per year additional tax assessments
Community Details
Overview
- 7 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $15,510
- Net Operating Income $186,120
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Heights, CA
-
Scott Underwood
-
Kathleen Spurlock
Kathleen Spurlock
Coldwell Banker Realty
(562) 269-1596
24 Total Sales
1 in Belmont Heights
$837,500 Price
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
2 in Belmont Heights
$1.8M - $1.9M Price Range
-
CHEVY ALA
CHEVY ALA
HOMEQUEST REAL ESTATE
(626) 602-8465
20 Total Sales
1 in Belmont Heights
$515,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
236 Total Sales
3 in Belmont Heights
$490K - $1.3M Price Range
-
Kelly Laird
Kelly Laird
Coldwell Banker Realty
(424) 477-3760
72 Total Sales
1 in Belmont Heights
$1,333,700 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Reade-Ruch Rebecca Elizabeth | $3,192,000 | Fidelity National Title |
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 |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $3,192,000 | -8.8% | $583 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $3,499,000 | -- | $639 / 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 | $42,836 | $3,320,956 | $1,300,500 | $2,020,456 |
| 2025 | $42,836 | $3,255,840 | $1,275,000 | $1,980,840 |
| 2024 | $13,641 | $992,869 | $333,085 | $659,784 |
| 2023 | $13,401 | $973,402 | $326,554 | $646,848 |
| 2022 | $12,597 | $954,316 | $320,151 | $634,165 |
| 2021 | $12,313 | $935,605 | $313,874 | $621,731 |
| 2019 | $12,134 | $908,106 | $304,565 | $603,541 |
| 2018 | $11,774 | $890,306 | $298,594 | $591,712 |
| 2016 | $10,817 | $855,496 | $287,000 | $568,496 |
| 2015 | $10,395 | $842,646 | $282,689 | $559,957 |
| 2014 | $10,347 | $826,141 | $277,152 | $548,989 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Pabst
Seller's Agent in 2024
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
5 in this area
51 Total Sales
-
Lawrence Cech
LC
Buyer's Agent in 2024
Lawrence Cech
Keller Williams Coastal Prop.
(215) 519-8300
1 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24000724
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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