NOT LISTED FOR SALE

68 Bennett Ave Long Beach, CA 90803

Belmont Shore Neighborhood
5 Beds
5 Baths
3,024 Sq Ft
3,155 Sq Ft Lot

Last Sold September 12, 2012

Last sale price $910,000 $301 Per Sq Ft

26 Days on Market

Highlights

  • Traditional Architecture
  • Lowell Elementary School Rated A-
  • No Heating

About This Home

As of September 2012

Great property with long term tenants, upside in rents, and with very large 1 bdrm units (easy rentals- all exterior units w walls of windows on 3 sides), garages, separate utilities, professionally managed, great location (with lots of light all around including a yard and courtyard apt units on either side), fully occupied. 4 units in front with unit over 3 garages ///PERFECT for potential to redesign from 5 units to 4 units and then refinance possibly as a four unit. Owner may carry a small loan in a 1st TD. Perfect upleg for trades.

Last Agent to Sell the Property

Michael Roland

Coldwell Banker Realty License #01023175 Listed on: 07/19/2012

Coldwell Banker Realty

Last Buyer's Agent

Patrick Medrano

First Team Real Estate License #00352709

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,155

Parking

  • 3 Parking Spaces

Home Design

  • 3,024 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 3,155 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 3 / 8
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256036003

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7256036003
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 300.93

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3155.00
  • Lot Size Acres: 0.0720

Multi Family

  • Average1 Bed Area: 600
  • Gross Income: 5500.00
  • Gross Multiplier: 14.38
  • Gross Scheduled Income: 66000.00
  • Lot Size Area: 3155.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5

Tax Info

  • Tax Area: 5500
  • Tax Block: 8
  • Tax Lot: 3
  • Tax Tract Number: 3750

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2012 09/12/12 Sold $910,000 -4.1% $301 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $949,000 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Roland

    Seller's Agent in 2012

    Michael Roland

    Coldwell Banker Realty

    (562) 743-6286

    6 in this area

    49 Total Sales

    Michael Roland
    Section Image

  • P

    Buyer's Agent in 2012

    Patrick Medrano

    First Team Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P829236

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803 Belmont Shore

68 Bennett Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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.

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