NOT LISTED FOR SALE

243 Nieto Ave Unit A Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,660,000 - $1,804,904

5 Beds
3 Baths
2,352 Sq Ft
$735/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2019

Last sale price $1,210,000 $514 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,769 / mo

126 Days on Market

About This Home

As of August 2019

Big remodeled duplex on big lot. UPSTAIRS: 2 Bedrooms + 1 Bath upstairs *
Private trex plank deck with fire pit & heater
* Remodeled kitchen with washer dryer,
stove, refrigerator included in sale *
Refinished wood floors, granite countertops *
Unique tile bath *
Newer HW heater and newer AC/heater units *
Double pane windows *
DOWNSTAIRS: 3 Bedrooms + 2 Baths remodeled *
Newer kitchen with custom cabinets *
(no permits on 3rd BR+ 2nd BA) *
Rental income $2300 (month to month) *
PROPERTY: 2 car garage with laundry room for lower unit *
Large lot & building (2352 S.F. Bldg, 3140 S.F. lot per title co.) *
Front yard patio *
Large closets throughout with custom sliding doors *
Bright, cheery rooms *
Stainless steel appliances *
Low maintenance *
Next to Bay Shore Church

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 03/22/2019

Last Buyer's Agent

Kay Raziano

First Team Real Estate License #00813738

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 3,240 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,352 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 3885
  • Assessor Parcel Number 7249029015

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $600
  • New Taxes Expense $16,112
  • Operating Expense $20,412
  • Gross Income $27,600
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

3,240 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR2S
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7249029015
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 514.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3240.00
  • Lot Size Acres: 0.0744

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3240.0000 Square Feet
  • Net Operating Income: 22800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Expenses: 20412.00

Tax Info

  • New Taxes Expense: 16112.00
  • Tax Census Tract: 5774.00
  • Tax Lot: 34
  • Tax Tract Number: 3885

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

Closed on
Feb 13, 2025
Sold by
Bought by
Current Estimated Value
$1,729,726

Purchase Details

Listed on
Mar 22, 2019
Closed on
Aug 2, 2019
Sold by
Bought by
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Kay Raziano
First Team Real Estate
List Price
$1,289,000
Sold Price
$1,210,000
Premium/Discount to List
-$79,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$786,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
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
-- None Listed On Document
$1,210,000 Progressive Title
-- None Available
-- Progressive Title Co
-- Accommodation
-- None Available
-- North American Title Co
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $786,500
Previous Owner $680,000
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
08/29/2019 08/29/19 Sold $1,210,000 -0.7% $514 / Sq Ft
06/11/2019 06/11/19 Price Changed $1,219,000 -2.4% $518 / Sq Ft
05/22/2019 05/22/19 Price Changed $1,249,000 -2.0% $531 / Sq Ft
05/14/2019 05/14/19 Price Changed $1,274,500 -1.1% $542 / Sq Ft
03/22/2019 03/22/19 For Sale $1,289,000 -- $548 / 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 $17,335 $1,323,308 $984,280 $339,028
2024 $16,595 $1,297,362 $964,981 $332,381
2023 $16,320 $1,271,924 $946,060 $325,864
2022 $15,309 $1,246,985 $927,510 $319,475
2021 $15,014 $1,222,535 $909,324 $313,211
2019 $11,141 $883,890 $619,287 $264,603
2018 $10,834 $866,560 $607,145 $259,415
2016 $9,961 $832,913 $583,570 $249,343
2015 $9,556 $820,403 $574,805 $245,598
2014 $9,484 $804,334 $563,546 $240,788
Source: Public Records

Agents Affiliated with this Home

  • Larry Boren

    Seller's Agent in 2019

    Larry Boren

    LB Brokerage, Inc

    (562) 900-3888

    1 in this area

    11 Total Sales

    Larry Boren
    Section Image

  • K

    Buyer's Agent in 2019

    Kay Raziano

    First Team Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19064621

California Regional Multiple Listing Service (CRMLS)

APN: 7249-029-015

California Los Angeles County Long Beach 90803 Belmont Shore

243 Nieto Ave Unit A, Long Beach, CA

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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