NOT LISTED FOR SALE

368 Newport Ave Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,260,000 - $1,597,000

4 Beds
3 Baths
1,939 Sq Ft
$756/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $1,050,000 $542 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,006/month

97 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of December 2020

Beautiful Craftsman Bungalow and large guest house in a great Long Beach neighborhood, many original details in the home and upgraded systems. Front house 2bed + 1ba 1100 sqft nice upgraded kitchen and and laundry room grassy back yard and large deck. Back unit over 3 garages (2 are tandem) is a 2bed +1.75ba these units are large and have ample storage, very cute and well taken care of this kind of property rarely come on the market Front united rented $2400 rear unit $2150 keep the current renters or live in one and use the income to offset the mortgage , you have many options

Last Agent to Sell the Property

Bob McKenney

The ONE Luxury Properties License #01020574 Listed on: 08/05/2020

Last Buyer's Agent

Chuck Wilson

License #00829923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,363

Year Built

  • Built in 1918

Lot Details

  • 6,751 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 5 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,939 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Guest House
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7257-016-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,363

Year Built

Built in 1918

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1939
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Probate: No
  • Stories: 1
  • Year Built: 1918
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 566.79

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Garage Structures: 3
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.31
  • Assessed Improvement Value: 240097
  • Assessed Land Percent: 69.69
  • Assessed Land Value: 551951
  • Total Assessed Value: 792048
  • Assessor Parcel Number: 7257-016-016
  • Lot Size Area: 6751

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 2.10
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 18, 2020
Sold by
Wilson Anna Huttu
Bought by
Wilson Taylor
Seller's Agent
Bob McKenney
The ONE Luxury Properties
Buyer's Agent
Chuck Wilson
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
$1,465,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,723
Avg. Annual Appreciation
6.56%
Original Mortgage
$961,537
Outstanding Balance
$858,024
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$560,108

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 12, 2020
Sold by
Adelstein Alyse A
Bought by
Wilson Taylor and Wilson Jacob
Seller's Agent
Bob McKenney
The ONE Luxury Properties
Buyer's Agent
Chuck Wilson
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,537
Outstanding Balance
$858,024
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$560,108

Purchase Details

Closed on
Apr 12, 2011
Sold by
Ahmed Zaheer and The Zaheer Ahmed Trust
Bought by
Adelstein Alyse A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1996
Sold by
C Fingerhut Trust An Fingerhut Steven A And C and Goldman Ronald L
Bought by
Ahmed Zaheer and The Zahee Ahmed Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 1996
Sold by
Greenberg Bernard F and Greenberg Diana S
Bought by
Fingerhut Steven A and Fingerhut Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilson Taylor -- Fidelity National Title Co
Wilson Taylor $1,050,000 Fidelity National Title Co
Adelstein Alyse A $717,500 Lawyers Title
Ahmed Zaheer -- Chicago Title Co
Fingerhut Steven A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Taylor $961,537
Previous Owner Adelstein Alyse A $606,247
Previous Owner Adeistein Alyse A $628,954
Previous Owner Adelstein Alyse A $692,000
Previous Owner Ahmed Zaheer $121,374
Previous Owner Ahmed Zaheer $137,141
Previous Owner Ahmed Zaheer $146,133
Previous Owner Ahmed Zaheer $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $1,050,000 -4.5% $542 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $1,099,000 -4.4% $567 / Sq Ft
08/05/2020 08/05/20 For Sale $1,150,000 -- $593 / Sq Ft
Source: The MLS

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
2025 $14,363 $1,136,551 $736,053 $400,498
2024 $14,363 $1,114,267 $721,621 $392,646
2023 $14,125 $1,092,420 $707,472 $384,948
2022 $13,255 $1,071,000 $693,600 $377,400
2021 $13,000 $1,050,000 $680,000 $370,000
2020 $10,498 $840,523 $585,733 $254,790
2019 $10,374 $824,044 $574,249 $249,795
2018 $10,034 $807,888 $562,990 $244,898
2016 $9,226 $776,519 $541,129 $235,390
2015 $8,851 $764,856 $533,001 $231,855
2014 $8,786 $749,875 $522,561 $227,314
Source: Public Records

Agents Affiliated with this Home

  • Bob McKenney

    Seller's Agent in 2020

    Bob McKenney

    The ONE Luxury Properties

    (818) 486-2745

    1 in this area

    2 Total Sales

    Bob McKenney
    Section Image

  • C

    Buyer's Agent in 2020

    Chuck Wilson

See All Agents

Map

Source: The MLS

MLS Number: 20-615216

The MLS

APN: 7257-016-016

California Los Angeles County Long Beach 90814 Belmont Heights

368 Newport Ave, Long Beach, CA

This home is located at 368 Newport Ave, Long Beach, CA 90814 since 05 August 2020 and is currently estimated at $1,465,723, approximately $755 per square foot. This property was built in 1918. 368 Newport Ave is a home located in Los Angeles County with nearby schools including Mann Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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