NOT LISTED FOR SALE

665 Loma Ave Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,381,000 - $1,532,402

5 Beds
2 Baths
2,752 Sq Ft
$521/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2016

Last sale price $905,000 $329 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,589 / mo

178 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Property is near public transit
  • Woodrow Wilson High School Rated A
  • Craftsman Architecture
  • Cathedral Ceiling

About This Home

As of August 2016

Price reduced - Bargain for 2 houses on full size lot in Belmont Heights Historical District - Convenient location to restaurants & shops. Cheaper than buying 2 houses - Perfect for extended families, joint investors or live in one & rent the other to help pay the mortgage. Well maintained 3 bedroom, 2 bath Craftsman in front with sunny breakfast room perfect as office or den, covered front porch & drive-thru carport. Separate newer 2 bedroom, 2 bath house in rear. Kitchens & baths remodeled with granite, marble & tile. Both houses have refrigerators, ranges, hoods & stacked washer/dryers plus the front house has a stainless steel Thermador cooktop with grill, double oven, dishwasher & utility sink. Front house recently painted with newer water heater, 2 yr. old roof, F/A heat, attic storage, casement windows & hardwood & Travertine floors. Rear house has dual pane windows, 2 water heat pumps & A/C, marble & laminate floors, upstairs vaulted ceiling, spa shower, plumbing for wet bar & etched French doors opening to large rear balcony & sunset views. Solid block wall fencing, Travertine stone walkways & patio areas, large backyard with landscape planters & palm trees plus gutters & drainage to street. Many nice amenities, light fixtures & vintage molding.

Last Agent to Sell the Property

Julie Maddox

Estate Properties License #00633359 Listed on: 01/21/2016

Estate Properties

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 6,751 Sq Ft Lot
  • Lot Dimensions are 50 x 135
  • No Common Walls
  • Block Wall Fence
  • Fence is in good condition
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • French Mullion Window
  • Bay Window
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • French Doors
  • Panel Doors
  • Living Room
  • Home Office
  • Utility Room
  • Property Views
  • Attic

Kitchen

  • Double Oven
  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 1 Attached Carport Space
  • Pull-through
  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Central Heating
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 4
  • Assessor Parcel Number 7258025012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,769
  • Trash Expense $552
  • Water Sewer Expense $1,909
  • New Taxes Expense $11,300
  • Gross Income $4,600
  • Net Operating Income $38,590

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

6,751 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Inclusions: Both refrigerators, range/cooktops/hoods, stacked washer/gas dryer units & a dishwasher in front unit.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Water Sewer Expenses: 1909.00
  • Zoning: LBR1N
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7258025012
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), Crown Molding, Wired for Data, Copper Plumbing Full, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Door Features: French Doors, Mirror Closet Door(s), Panel Doors
  • Levels: One
  • Price Per Square Foot: 328.85
  • Room Type: Attic, Den, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Office, Two Masters, Utility Room
  • Window Features: Blinds, Bay Window(s), Casement Windows, Double Pane Windows, French/Mullioned, Screens, Wood Frames

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Fencing: Block, Good Condition, Privacy
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Frame, Plaster, Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Concrete, Driveway, Pull-through
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Double Oven, Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Ice Maker, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas, Heat Pump
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Individual Room, Stackable, Washer Included
  • Trash Expense: 552.00
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Level with Street, Paved, Near Public Transit, Yard
  • Lot Size: 50 x 135
  • Lot Size Sq Ft: 6751.00
  • Price Per Lot Square Foot: 134.05
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1330
  • Average3 Bed Area: 1422
  • Gross Income: 4600.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1769.00
  • Lot Size Area: 6751.0000 Square Feet
  • Net Operating Income: 38590.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 16610.00
  • Other Income Description: Based on Pro Forma Income
  • Rent Control: No
  • Total Actual Rent: 2300.00

Tax Info

  • New Taxes Expense: 11300.00
  • Tax Area: 5500
  • Tax Block: 4
  • Tax Lot: 8
  • Tax Tract Number: LB Hts
  • Tax Year: 2015

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

Closed on
Nov 8, 2016
Sold by
Bought by
Current Estimated Value
$1,433,351

Purchase Details

Listed on
Jan 21, 2016
Closed on
Jul 22, 2016
Sold by
Bought by
Seller's Agent
Julie Maddox
Estate Properties
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$995,000
Sold Price
$905,000
Premium/Discount to List
-$90,000
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$600,000
Outstanding Balance
$472,395
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$960,956

Purchase Details

Closed on
Jun 2, 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
$550,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 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
$375,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 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
$375,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1997
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
$180,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
-- None Available
$905,000 Ticor Title Co
$950,000 --
-- --
-- First American Title Co
$225,000 North American Title Co
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 $600,000
Previous Owner $550,000
Previous Owner $375,000
Previous Owner $180,000
Closed $233,000
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
08/17/2016 08/17/16 Sold $905,000 -9.0% $329 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $995,000 -- $362 / 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 $10,702 $803,055 $478,472 $324,583
2024 $10,240 $787,310 $469,091 $318,219
2023 $10,068 $771,874 $459,894 $311,980
2022 $9,453 $756,740 $450,877 $305,863
2021 $9,261 $741,903 $442,037 $299,866
2020 $9,235 $734,297 $437,505 $296,792
2019 $9,127 $719,900 $428,927 $290,973
2018 $8,837 $705,785 $420,517 $285,268
2017 $9,755 $775,000 $424,700 $350,300
2016 $9,235 $775,000 $424,700 $350,300
2015 $8,992 $775,000 $424,700 $350,300
2014 $9,098 $775,000 $424,700 $350,300
Source: Public Records

Agents Affiliated with this Home

  • Julie Maddox

    Seller's Agent in 2016

    Julie Maddox

    RE/MAX

    (800) 419-4520

    13 Total Sales

    Julie Maddox
    Section Image

  • G

    Buyer's Agent in 2016

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16013841

California Regional Multiple Listing Service (CRMLS)

APN: 7258-025-012

California Los Angeles County Long Beach 90814 Belmont Heights

665 Loma Ave, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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