$1,462,000
SOLD MAR 11, 2025
5 Beds
3 Baths
2,276 Sq Ft
2,248 Sq Ft Lot

Recently Sold

$642 Per Sq Ft

16% Below List Price

174 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Laundry Room
  • Naples Bayside Academy Rated A
  • No HOA
  • 2 Car Garage

About This Home

As of March 2025

Potential buyer can arrange a walk through with acceptable offer.

HUGE PRICE ADJUSTMENT!!

This charming duplex is just half a block from the sand in the highly coveted neighborhood of Belmont Shore in the city of Long Beach.

Imagine a lifestyle where the sounds of the ocean become the soundtrack of your life. Live in one unit and rent the other or rent them both. These lovely units have rented easily in the past and are quite attractive to quality tenants.

This Up/Down duplex has private garages and dedicated off-street parking in front of the garages.
There is a dedicated Laundry Room on site for the two apartments.

Upstairs is a spacious 3 bedroom apartment with newer granite kitchen, luxury vinyl plank flooring and two bathrooms.
Downstairs is a 2 bedroom unit with new kitchen, new bathroom, and new flooring.

Walk to 2nd Street in a few minutes to enjoy fine restaurants, shops, bars, coffee houses, desserts, etc.

This is quintessential beach living! Don't pass this one up - its potential is only limited by your imagination.

www.32GlendoraAve.com

Last Agent to Sell the Property

Alice Billman

Keller Williams Coastal Proper Brokerage Phone: 562-708-1202 License #00668158 Listed on: 08/25/2024

Keller Williams Coastal Proper

Last Buyer's Agent

Suzanne Svahn

eXp Realty of California, Inc. License #01956941

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1963

Lot Details

  • 2,248 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Density is 16-20 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Peek-A-Boo

Home Design

  • Duplex
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Window Screens
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity
  • Legal Lot and Block 10 / 34
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247027005
  • $465 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Gardener Expense $960
  • Insurance Expense $2,542
  • Pest Control $1,050
  • Trash Expense $922
  • Water Sewer Expense $1,236
  • Operating Expense $9,260
  • Gross Income $600
  • Net Operating Income $61,328

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: all owned appliances in both units, window coverings
  • Price Per Unit: 790000
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Water Sewer Expenses: 1236.00
  • Zoning: LBR2S
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7247027005
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: first floor
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 642.36
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • View: Coastline, Ocean, Peek-A-Boo
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Pest Control Expense: 1050.00
  • Sewer: Public Sewer
  • Trash Expense: 922.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre, Level with Street
  • Lot Size Sq Ft: 2248.00
  • Lot Size Acres: 0.0516
  • Latitude Manual: 33.75549600

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 600.00
  • Gross Operating Income: 71400.00
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 2542.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 600.00
  • Lot Size Area: 2248.0000 Square Feet
  • Net Operating Income: 61328.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 10072.00
  • Other Income Description: leased laundry equipment
  • Rent Control: Yes
  • Total Actual Rent: 5950.00
  • Total Expenses: 9260.00

Tax Info

  • Tax Block: 34
  • Tax Census Tract: 5773.00
  • Tax Lot: 10
  • Tax Tract Number: 3750
  • TaxOtherAnnualAssessmentAmount: 465.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2024
Closed on
Mar 3, 2025
Sold by
Slesinger Qualified Terminable Interest and Slesinger Ian Bradley
Bought by
Bertsch Louis James and Messner Theresa
Seller's Agent
Alice Billman
Keller Williams Coastal Proper
Buyer's Agent
Suzanne Svahn
eXp Realty of California, Inc.
List Price
$1,750,000
Sold Price
$1,462,000
Premium/Discount to List
-$288,000
-16.46%
Total Days on Market
174
Views
112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$877,200
Outstanding Balance
$876,475
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$599,055

Purchase Details

Closed on
Aug 15, 2008
Sold by
Slesinger Susan Elizabeth and Fields Marvin
Bought by
Slesinger Susan Elizabeth
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,462,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $877,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $1,462,000 -7.5% $642 / Sq Ft
01/14/2025 01/14/25 Price Changed $1,580,000 -6.8% $694 / Sq Ft
10/03/2024 10/03/24 Price Changed $1,695,500 -3.1% $745 / Sq Ft
08/25/2024 08/25/24 For Sale $1,750,000 -- $769 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $5,200 $380,950 $228,575 $152,375
2023 $5,112 $373,482 $224,094 $149,388
2022 $4,805 $366,159 $219,700 $146,459
2021 $4,699 $358,981 $215,393 $143,588
2019 $4,632 $348,335 $209,005 $139,330
2018 $4,486 $341,506 $204,907 $136,599
2016 $4,118 $328,247 $196,951 $131,296
2015 $3,956 $323,317 $193,993 $129,324
2014 $3,935 $316,984 $190,193 $126,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24176451

California Regional Multiple Listing Service (CRMLS)

APN: 7247-027-005