$1,900,000
PENDING

260 Prospect Ave Long Beach, CA 90803

Belmont Heights Neighborhood

Estimated payment $10,800/month

Total Views 2,160
6 Beds
6 Baths
2,692 Sq Ft
$706 Price per Sq Ft

Highlights

  • Gated Parking
  • 0.32 Acre Lot
  • Laundry Room
  • Lowell Elementary School Rated A-
  • Fireplace
  • Baseboard Heating

About This Home

Bring your creative investor and plans for this diamond in the rough in this very desirable neighborhood, with lots of potential to rehab or rebuild. This amazing Belmont Heights 4-Plex sits on a 13,955 square foot lot. This beautiful neighborhood is a must see. The property is being sold AS-IS. There's 1- 3 bedroom/ 3 bath and 3- 1 bedroom / 1 baths.*******SELLER WILL NOT ACCEPT ANY OFFERS AFTER 5PM TODAY -04/06/205******

Listing Agent

Julio Granda

The Agency License #02085572

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 1927

Lot Details

  • 0.32 Acre Lot
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Fence is in average condition
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Driveway
  • Gated Parking

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,692 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Rain Gutters
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 5-7
  • Tax Tract Number 577
  • Assessor Parcel Number 7250006007
  • Seller Considering Concessions

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Electric Expense $2,400
  • Insurance Expense $3,500
  • Trash Expense $660
  • Water Sewer Expense $1,200
  • Operating Expense $7,500
  • Gross Income $6,122
  • Net Operating Income $65,964

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,978

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Appliances and attached fixtures.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: BELMONT HEIGHTS
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7250006007
  • Year Built: 1927
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: ON Prospect
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: No
  • Levels: Three Or More
  • Price Per Square Foot: 705.79

Exterior Features

  • Direction Faces: West
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Concrete, Gated, Garage Faces Rear, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard, Electric, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 13955.00
  • Lot Size Acres: 0.3204

Multi Family

  • Average1 Bed Area: 900 Square Feet
  • Average3 Bed Area: 2000 Square Feet
  • Electric Expense: 2400.00
  • Gross Income: 6122.00
  • Gross Scheduled Income: 73464.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 13955.0000 Square Feet
  • Net Operating Income: 65964.00
  • Number Of Units Total: 4
  • Operating Expense: 7500.00
  • Rent Control: No
  • Total Expenses: 7500.00

Tax Info

  • Tax Lot: 5-7
  • Tax Tract Number: 577...

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $1,978 $254,085 $161,704 $92,381
2023 $2,006 $249,104 $158,534 $90,570
2022 $2,006 $244,221 $155,426 $88,795
2021 $1,938 $239,433 $152,379 $87,054
2020 $1,966 $236,979 $150,817 $86,162
2019 $1,958 $232,333 $147,860 $84,473
2018 $1,834 $227,778 $144,961 $82,817
2016 $1,713 $218,935 $139,333 $79,602
2015 $1,653 $215,648 $137,241 $78,407
2014 $2,479 $211,425 $134,553 $76,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 Pending -- -- --
04/03/2025 04/03/25 For Sale $1,900,000 -- $706 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21581

Pasadena-Foothills Association of REALTORS®

APN: 7250-006-007

California Los Angeles County Long Beach 90803 Belmont Heights

260 Prospect Ave, Long Beach, CA

Homes for Sale in Long Beach, CA

This home is located at 260 Prospect Ave, Long Beach, CA 90803 and is currently priced at $1,900,000, approximately $705 per square foot. This property was built in 1927. 260 Prospect Ave is a home located in Los Angeles County with nearby schools including Lowell Elementary School, Rogers Middle School, and Woodrow Wilson High School.

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Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Julio Granda
Listing Agent
Julio Granda
Section Image
The Agency
(562) 554-4391