NOT LISTED FOR SALE

237 Belmont Ave Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated Value: $1,396,000 - $2,254,976

4 Beds
4 Baths
2,714 Sq Ft
$606/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2023

Last sale price $1,275,000 $470 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,344 / mo

2 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • Fremont Elementary School Rated A
  • Landscaped

About This Home

As of September 2023

Proud to present a fairly well maintained duplex in beautiful Long Beach. Property has 2714 sq ft, 2 units with both unit having 2 bedrooms and 1.5 bathrooms. Property has a 2 car detached garage. Original hardwood floors and very nice curb appeal.

Last Agent to Sell the Property

Stanley Jackson

Stanley Jackson License #01418385 Listed on: 08/23/2023

Last Buyer's Agent

Stanley Jackson

Stanley Jackson License #01418385 Listed on: 08/23/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,150 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,714 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 20 / H
  • Tax Tract Number 577200
  • Assessor Parcel Number 7255027017
  • $573 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,600
  • Insurance Expense $1,700
  • Trash Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $14,687
  • Operating Expense $7,521
  • Gross Income $19,200
  • Net Operating Income $11,679

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,150 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7255027017
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 469.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 6150.00
  • Lot Size Acres: 0.1412

Multi Family

  • Electric Expense: 2600.00
  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 6150.0000 Square Feet
  • Net Operating Income: 11679.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7521.00
  • Rent Control: Yes
  • Total Expenses: 7521.00

Tax Info

  • New Taxes Expense: 14687.00
  • Tax Block: H
  • Tax Census Tract: 5772.00
  • Tax Lot: 20
  • Tax Tract Number: 577200
  • TaxOtherAnnualAssessmentAmount: 573.00

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
Aug 23, 2023
Closed on
Aug 25, 2023
Sold by
Bought by
Seller's Agent
Stanley Jackson
Stanley Jackson
Buyer's Agent
Stanley Jackson
Stanley Jackson
List Price
$1,175,000
Sold Price
$1,275,000
Premium/Discount to List
$100,000
8.51%
Views
12
Current Estimated Value
$1,645,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,744
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
May 23, 2016
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,275,000 Fidelity National Title
-- None Available
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
09/18/2023 09/18/23 Sold $1,275,000 +8.5% $470 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $1,175,000 -- $433 / 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
2025 $17,147 $1,300,500 $892,500 $408,000
2024 $16,411 $1,275,000 $875,000 $400,000
2023 $12,763 $978,528 $682,695 $295,833
2022 $11,981 $959,342 $669,309 $290,033
2021 $11,744 $940,533 $656,186 $284,347
2019 $11,577 $912,638 $636,724 $275,914
2018 $11,212 $894,744 $624,240 $270,504
2016 $10,299 $859,492 $600,609 $258,883
2015 $9,882 $846,583 $591,588 $254,995
2014 $9,809 $685,197 $504,888 $180,309
Source: Public Records

Agents Affiliated with this Home

  • Stanley Jackson

    Seller's Agent in 2023

    Stanley Jackson

    Stanley Jackson

    (310) 345-9174

    1 in this area

    25 Total Sales

    Stanley Jackson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN23157646

California Regional Multiple Listing Service (CRMLS)

APN: 7255-027-017

California Los Angeles County Long Beach 90803 Belmont Heights

237 Belmont Ave, Long Beach, CA

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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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