Seller's Agent in 2025
Silvana Raiola
Landmark Realtors
(949) 874-0456
3 in this area
22 Total Sales
268 Park Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,899,000 - $1,993,000
4
Beds
4
Baths
2,715
Sq Ft
$721/Sq Ft
Est. Value
Highlights
- No Units Above
- Private Yard
- Chair Railings
- Lowell Elementary School Rated A-
- Garden Windows
- 4-minute walk to Livingston Drive Park
About This Home
As of April 20259/14/24 PRICE REDUCED TO $2,100,000. HOME PLUS INCOME on crest of hill. Classic 1952 MID CENTURY SFR plus 2 separate 1 BR Units of 504 sq. ft. built in 1924 on 4 spacious garages. Completely gated. Lush gardens surround this unique property, ideal family compound or SFR plus duplex. Entire complex recently painted both inside and out. Front SFR offers 1707 sq. ft., original hardwood floors, spacious LR, FORMAL DR, FAMILY RM, 2 BRS, 1.5 BA. Large KITCHEN w/Lots of cabinetry, separate BRKFST AREA, new STAINLESS STEEL RANGE and DW. New electrical for stove, new kitchen & bath floors. Original HARDWOOD FLOORS in 1 UNIT, new black & white kitchen & bath tile floors. Period metal windows bathe home in sunlight & architectural appeal. Detached SFR has raised clay tiled deck area in back plus lower [recently poured] new CEMENT PATIO and walkways lined w/ flower beds. New water heater in SFR, some new wiring for oven/range. Craftsman style duplex over 4 spacious garages offer privacy from front house. Both units include STOVES & REFRIGERATORS. recently renovated w/period black and white tile floors, subway tile backsplashes, spacious KITCHENS & baths original cabinetry in kitchens & baths, built-in book cases, writing desks, & faux FP. Both units were replumbed w/new copper pipes to sewer line. Back units enjoy a bit of an ocean view from the balconies and BR. Additional parking in front of 4 garages. Lots of street parking. POTENTIAL FOR ADU (?). WALKING DISTANCE to trendy BELMONT SHORE and OCEAN.
Last Agent to Sell the Property
Landmark Realtors Brokerage Phone: 949-874-0456 License #00411102 Listed on: 04/22/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 6,348 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Block Wall Fence
- Landscaped
- Paved or Partially Paved Lot
- Private Yard
- Lawn
- Back and Front Yard
Parking
- 4 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,715 Sq Ft Home
- 1-Story Property
- Chair Railings
- Ceiling Fan
- Garden Windows
- Sliding Doors
- Family Room
- Living Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Dressing Area
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Accessible Home Design
- No Interior Steps
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Floor Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4
- Tax Tract Number 5774
- Assessor Parcel Number 7250031005
Community Details
Overview
- 2 Buildings
- 3 Units
- Belmont Heights Subdivision
Building Details
- 1 Leased Unit
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,071
- Fuel Expense $1,060
- Gardener Expense $1,800
- Insurance Expense $2,013
- Other Expense $2,013
- Trash Expense $1,168
- Water Sewer Expense $605
- Operating Expense $7,717
- Gross Income $22,740
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Feb 26, 2025
Sold by
Scott Family Living Trust and Scott Angela M
Bought by
Fraikin Jean-Luc and Hughes Sara Marie
Seller's Agent
Silvana Raiola
Landmark Realtors
Buyer's Agent
Tyler Luckey
Compass
List Price
$2,290,000
Sold Price
$1,950,000
Premium/Discount to List
-$340,000
-14.85%
Views
131
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,171
Avg. Annual Appreciation
0.54%
Original Mortgage
$1,462,500
Outstanding Balance
$1,454,985
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$503,186
Purchase Details
Closed on
May 7, 2018
Sold by
Scott Kathleen
Bought by
Scott Angela M
Purchase Details
Closed on
Oct 12, 2004
Sold by
Scott Harold L and Scott Kathleen
Bought by
Scott Harold L and Scott Kathleen
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 |
|---|---|---|---|
| Fraikin Jean-Luc | $1,950,000 | First American Title Company | |
| Scott Angela M | -- | None Available | |
| Scott Harold L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fraikin Jean-Luc | $1,462,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $1,950,000 | -1.3% | $718 / Sq Ft |
| 02/07/2025 02/07/25 | Price Changed | $1,974,900 | -6.0% | $727 / Sq Ft |
| 09/13/2024 09/13/24 | Price Changed | $2,100,000 | -4.1% | $773 / Sq Ft |
| 07/06/2024 07/06/24 | Price Changed | $2,190,000 | -4.4% | $807 / Sq Ft |
| 04/22/2024 04/22/24 | For Sale | $2,290,000 | -- | $843 / 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 | $4,088 | $282,735 | $126,755 | $155,980 |
| 2024 | $4,088 | $277,192 | $124,270 | $152,922 |
| 2023 | $4,015 | $271,758 | $121,834 | $149,924 |
| 2022 | $3,787 | $266,431 | $119,446 | $146,985 |
| 2021 | $3,693 | $261,207 | $117,104 | $144,103 |
| 2019 | $3,639 | $253,722 | $113,632 | $140,090 |
| 2018 | $3,449 | $248,753 | $111,404 | $137,349 |
| 2016 | $3,162 | $238,845 | $107,079 | $131,766 |
| 2015 | $3,044 | $235,258 | $105,471 | $129,787 |
| 2014 | $3,038 | $230,650 | $103,405 | $127,245 |
Source: Public Records
Agents Affiliated with this Home
-
Silvana Raiola
-
Tyler Luckey
Buyer's Agent in 2025
Tyler Luckey
Compass
(562) 254-1325
1 in this area
48 Total Sales
-
Loree Scarborough
Buyer Co-Listing Agent in 2025
Loree Scarborough
Compass
(562) 225-0511
7 in this area
77 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24068300
APN: 7250-031-005
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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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