NOT LISTED FOR SALE

257 Loma Ave Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated Value: $1,172,000 - $1,269,000

3 Beds
3 Baths
1,554 Sq Ft
$779/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $935,000 $602 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,416/month

237 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Bathroom
  • Living Room
  • Woodrow Wilson High School Rated A
  • Private Yard
  • Laundry Room

About This Home

As of December 2020

Ready for Move-In! This cozy one-bedroom, one-bathroom house nestled in the charming Belmont Heights neighborhood of Long Beach. With its proximity to the beach, you'll have easy access to leisurely strolls along the shoreline and breathtaking sunsets. And being just blocks away from restaurants and coffee shops means you'll always have delicious dining options and cozy spots to unwind. This Home offers Branch New Laminated Flooring throughout, Brand New Stove, Remodeled Kitchen & Bathroom, plenty of Natural Sunlight, Laundry Hookups, and a Nice Front Yard.
**Credit Score must be 680 or above to qualify.**
SMALL DOGS and CATS ACCEPTED
SE HABLA ESPANOL

Utilities:
Owner pays Water
Tenant Pays for Electricity, Trash, & Gas

Move-In Breakdown:
Rent: $2,150. Deposit: $2,200.00
Monthly Pet Rent: $25 per pet
Move-In Cost: $4,350

Last Agent to Sell the Property

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755 Listed on: 01/22/2020

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,369 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Flat Roof Shape
  • Raised Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Electric Fireplace
  • Gas Fireplace
  • Blinds
  • Living Room
  • Laminate Flooring
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Fireplace in Patio

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Legal Lot and Block 14 / L
  • Assessor Parcel Number 7257031016

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,720
  • Water Sewer Expense $697
  • New Taxes Expense $11,875
  • Operating Expense $15,012
  • Gross Income $52,860
  • Net Operating Income $37,848

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

3,369 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 697.00
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7257031016
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Bath, Patio, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 601.67
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 3369.00
  • Lot Size Acres: 0.0773

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Average1 Bed Area: 518 Square Feet
  • Gross Income: 52860.00
  • Gross Scheduled Income: 52860.00
  • Insurance Expense: 1720.00
  • Lot Size Area: 3369.0000 Square Feet
  • Net Operating Income: 37848.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Patio: 2
  • Operating Expense: 15012.00
  • Rent Control: Yes
  • Total Expenses: 15012.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Block: L
  • Tax Census Tract: 5771.00
  • Tax Lot: 14
  • Tax Tract Number: ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2004
Sold by
Tripple John J and Wildasinn Ronald
Bought by
Choy Marianne
Current Estimated Value
$1,210,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$154,046
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,056,244

Purchase Details

Closed on
May 30, 2002
Sold by
Tripple John J and Breitzman Daniel T
Bought by
Tripple John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Choy Marianne $649,000 Ort
Tripple John J -- --
Tripple John J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choy Marianne $350,000
Previous Owner Tripple John J $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 Off Market $2,150 -- --
07/09/2025 07/09/25 For Rent $2,150 0.0% --
12/24/2020 12/24/20 Sold $935,000 -1.1% $602 / Sq Ft
09/25/2020 09/25/20 Price Changed $945,000 -1.3% $608 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $957,000 +2.4% $616 / Sq Ft
06/08/2020 06/08/20 Off Market $935,000 -- --
03/19/2020 03/19/20 Price Changed $957,000 0.0% $616 / Sq Ft
03/19/2020 03/19/20 For Sale $957,000 +0.7% $616 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $950,000 -- $611 / 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 $13,419 $1,012,071 $660,282 $351,789
2024 $12,856 $992,228 $647,336 $344,892
2023 $12,638 $972,774 $634,644 $338,130
2022 $11,857 $953,700 $622,200 $331,500
2021 $11,625 $935,000 $610,000 $325,000
2020 $10,431 $828,454 $739,240 $89,214
2019 $10,308 $812,211 $724,746 $87,465
2018 $10,055 $796,286 $710,536 $85,750
2016 $8,444 $695,000 $630,900 $64,100
2015 $7,658 $645,000 $585,500 $59,500
2014 $6,048 $495,000 $449,300 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Marty Stone

    Seller's Agent in 2020

    Marty Stone

    BUCKINGHAM INVESTMENTS

    (310) 322-9763

    6 Total Sales

    Marty Stone
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    6,351 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN20016644

California Regional Multiple Listing Service (CRMLS)

APN: 7257-031-016

California Los Angeles County Long Beach 90803 Belmont Heights

257 Loma Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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