Seller's Agent in 2022
Loree Scarborough
Compass
(562) 225-0511
3 in this area
77 Total Sales
240 Lindero Ave Long Beach, CA 90803
Bluff Heights NeighborhoodEstimated Value: $1,501,000 - $1,914,607
5
Beds
4
Baths
2,784
Sq Ft
$630/Sq Ft
Est. Value
Highlights
- Dual Staircase
- Craftsman Architecture
- Main Floor Bedroom
- Woodrow Wilson High School Rated A
- Property is near a park
- Loft
About This Home
As of October 2022Rare opportunity to own or invest in this unique historic property situated in Bluff Heights just 3 ½ blocks from the beach. Both units are spacious 2 bedrooms, 1 bath with outdoor areas and parking for 4 cars plus a long driveway. The remodeled upstairs owner’s unit features a spacious deck with tree views. Enter the light-filled living space opening to an arched office area. The dining area flows into the oversized kitchen with granite counters, stainless appliances and white oak cabinets.A charming breakfast room is combined with the convenient laundry area and opens to the huge entertaining deck. The two spacious bedrooms enjoy a beautifully tiled bath with double sinks and a storage vanity.The 2 bedroom downstairs unit has the same layout as the upstairs unit but is more original and still in good condition The parking space for this unit has been converted to an outdoor entertaining space.The unit in the backyard is permitted as a rec room but is being used as a I bedroom 1.5 bath rental. A cozy side-covered patio adds privacy. There are 7 rare parking opportunities with 2 spaces, a 2 car garage and an extra-long driveway for at least 3 more cars.
Lovingly cared for by the same owner for over 20 years, this is a low-maintenance building! Centrally located to transportation, shops and restaurants and all Long Beach has to offer!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914 | Remodeled
Lot Details
- 6,072 Sq Ft Lot
- No Common Walls
- Private Yard
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 5 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway
Home Design
- Duplex
- Craftsman Architecture
- Partial Copper Plumbing
Interior Spaces
- 2,784 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Built-In Features
- Ceiling Fan
- Entryway
- Living Room
- Loft
- Storage
- Neighborhood Views
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Laundry in Kitchen
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Property is near a park
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Wall Furnace
- Water Heater
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 5767
- Assessor Parcel Number 7263016024
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Belmont Heights Subdivision
Recreation
- Park
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $2,000
- Operating Expense $2,600
- Gross Income $81,600
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2022
Sold by
Rittermal Family Trust
Bought by
Rittermal John B
Current Estimated Value
Purchase Details
Closed on
Aug 7, 2002
Sold by
Rittermal John B
Bought by
Rittermal Family Trust
Purchase Details
Closed on
Jul 22, 2002
Sold by
Rittermal John B
Bought by
Rittermal John B and Devours Scott P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Purchase Details
Closed on
Jun 7, 2002
Sold by
Rittermal John B
Bought by
Rittermal John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Purchase Details
Closed on
Nov 25, 1998
Sold by
Kubota Judith A
Bought by
Rittermal John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.69%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rittermal John B | -- | None Listed On Document | |
| Rittermal Family Trust | -- | -- | |
| Rittermal John B | -- | -- | |
| Rittermal John B | -- | Lawyers Title Company | |
| Rittermal John B | $315,000 | American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rittermal John B | $250,000 | |
| Previous Owner | Rittermal John B | $252,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2022 10/12/22 | Sold | $1,562,000 | +6.6% | $561 / Sq Ft |
| 08/27/2022 08/27/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | Price Changed | $1,465,000 | -10.9% | $526 / Sq Ft |
| 08/10/2022 08/10/22 | For Sale | $1,645,000 | -- | $591 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,109 | $1,604,296 | $1,090,339 | $513,957 |
| 2024 | $20,109 | $1,572,840 | $1,068,960 | $503,880 |
| 2023 | $19,779 | $1,542,000 | $1,048,000 | $494,000 |
| 2022 | $6,028 | $465,329 | $317,608 | $147,721 |
| 2021 | $5,896 | $456,206 | $311,381 | $144,825 |
| 2019 | $5,811 | $442,677 | $302,147 | $140,530 |
| 2018 | $5,565 | $433,998 | $296,223 | $137,775 |
| 2016 | $5,104 | $417,147 | $284,721 | $132,426 |
| 2015 | $4,901 | $410,882 | $280,445 | $130,437 |
| 2014 | $4,872 | $402,834 | $274,952 | $127,882 |
Source: Public Records
Agents Affiliated with this Home
-
Loree Scarborough
-
Jeff Warren
Buyer's Agent in 2022
Jeff Warren
Compass
(310) 487-9266
1 in this area
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22176455
APN: 7263-016-024
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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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