Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
3 in Belmont Shore
$1.7M - $1.8M Price Range
271 Covina Ave Unit 4 Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,759,000 - $1,851,000
5
Beds
4
Baths
2,880
Sq Ft
$633/Sq Ft
Est. Value
Highlights
- Bike Trail
- Lowell Elementary School Rated A-
- Laundry Facilities
About This Home
As of July 2025Tremendous opportunity to own this pride of ownership building in a fabulous location. The location in highly sought after Belmont Park north of 2nd street, but very walkable down to the hustle and bustle of 2nd street. One of the 4 units has been converted into a 2 bedroom, and 2 of the units have their own laundry. There is also a laundry room on-site and the 4 garages. All of the units are currently rented and there is still some room for rent increase currently. The building has great curb appeal and great for owner occupied or to add to your investment portfolio. Potential for ADU's over garages, this has been done on same block Buyer to investigate.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 562-889-7191 License #01231440 Listed on: 06/26/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 4,757 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,880 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Legal Lot and Block 9 / 25
- Tax Tract Number 7029
- Assessor Parcel Number 7249012031
- $828 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 4 Units
- Belmont Park Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,100
- Fuel Expense $700
- Gardener Expense $660
- Insurance Expense $4,475
- Pest Control $600
- Professional Management Expense $6,624
- Trash Expense $370
- Water Sewer Expense $1,350
- Operating Expense $16,429
- Gross Income $110,400
- Net Operating Income $93,971
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
Listed on
Jun 26, 2025
Closed on
Jul 7, 2025
Sold by
Bought by
Seller's Agent
Mark Johnson
Coldwell Banker Realty
Buyer's Agent
Lisa Broder
Think Boutiq Real Estate
List Price
$1,799,000
Sold Price
$1,780,000
Premium/Discount to List
-$19,000
-1.06%
Views
14
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
$43,506
Avg. Annual Appreciation
2.35%
Original Mortgage
$850,000
Outstanding Balance
$841,045
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$982,461
Purchase Details
Closed on
Sep 23, 2008
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2005
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
$50,000
Interest Rate
5.6%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 17, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 19, 2002
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
$400,000
Interest Rate
6.71%
Purchase Details
Closed on
Jan 18, 2000
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
$149,276
Interest Rate
7.87%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Ramon Sanchez
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
1 in Belmont Shore
$985,000 Price
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
6 in Belmont Shore
$1.3M - $2.9M Price Range
-
Heidi Bailey
Heidi Bailey
Keller Williams Coastal Prop.
(949) 356-7766
36 Total Sales
2 in Belmont Shore
$1,525,000 Price Range
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
236 Total Sales
1 in Belmont Shore
$1,297,000 Price
-
Erika Alvarez
Erika Alvarez
RE/MAX Select One
(657) 325-5556
41 Total Sales
1 in Belmont Shore
$1,370,000 Price
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 |
|---|---|---|---|
| $1,780,000 | Ticor Title Company | ||
| -- | Accommodation | ||
| -- | -- | ||
| -- | -- | ||
| -- | Fidelity Title | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $850,000 | ||
| Previous Owner | $745,000 | ||
| Previous Owner | $354,588 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $411,500 | ||
| Previous Owner | $88,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $149,276 |
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 |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $1,780,000 | -1.1% | $618 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $1,799,000 | -- | $625 / 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 | $23,715 | $1,800,000 | $1,000,000 | $800,000 |
| 2024 | $8,333 | $602,716 | $421,907 | $180,809 |
| 2023 | $8,189 | $590,899 | $413,635 | $177,264 |
| 2022 | $7,700 | $579,314 | $405,525 | $173,789 |
| 2021 | $7,532 | $567,956 | $397,574 | $170,382 |
| 2019 | $7,426 | $551,752 | $385,783 | $165,969 |
| 2018 | $7,171 | $540,947 | $378,219 | $162,728 |
| 2016 | $6,595 | $519,328 | $363,533 | $155,795 |
| 2015 | $6,338 | $511,528 | $358,073 | $153,455 |
| 2014 | $6,309 | $501,509 | $351,059 | $150,450 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Johnson
M
Seller's Agent in 2025
Mark Johnson
Coldwell Banker Realty
(562) 494-4600
2 in this area
6 Total Sales
-
Lisa Broder
Buyer's Agent in 2025
Lisa Broder
Think Boutiq Real Estate
(562) 900-4444
3 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25142602
APN: 7249-012-031
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.
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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