NOT LISTED FOR SALE

Estimated Value: $1,270,050 - $1,530,000

2 Beds
1 Bath
1,998 Sq Ft
$717/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2025

Last sale price $1,467,615 $735 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,188 / mo

53 Days on Market

Highlights

  • Marina
  • Fishing
  • Ocean Side of Highway 1
  • Lowell Elementary School Rated A-
  • Across the Road from Lake or Ocean
  • Dual Staircase

About This Home

As of January 2025

This lovely Spanish Revival era 2-bedroom duplex located in the highly desirable Belmont Shore area has been extremely well maintained by its owners for the past 40 years. The property exudes the charm of the 1930s, featuring original green tiles on the counters and backsplash in both kitchens, high ceilings adorned with elegant moulding, and beautifully arched doorways. Both bathrooms have been fully renovated to complement that 1930s theme! Each unit has a spacious living room with a large Spanish style picture window, a dining room and 2 bedrooms. Each unit has lots of windows covered with blinds that light up the apartments. The property has been professionally landscaped to provide lush greenery and low maintenance plants on all sides. The backyard space is very enchanting, offering a private, enclosed retreat with a well-manicured lawn & garden. Most importantly, each apartment has 2 assigned parking spots on the lot at the rear of the property, so there’s no worry about finding a space!!
It’s a short walking distance to the beach, picturesque Long Beach Pier and vibrant Belmont Shore where you can enjoy easy access to a variety of popular restaurants and shopping options. This duplex offers a wonderful opportunity for investors, especially those who could take advantage of the ADU options by building on to the rear of the lot. Belmont Shore is a very popular rental neighborhood as it's an easy commute to Los Angeles and Orange County. Many options to consider and worth a look! Call now to book a private showing!

Last Agent to Sell the Property

Ann Stefanucci

Coldwell Banker Realty Brokerage Phone: 562-244-8021 License #00635764 Listed on: 10/17/2024

Coldwell Banker Realty

Last Buyer's Agent

Ann Stefanucci

Coldwell Banker Realty Brokerage Phone: 562-244-8021 License #00635764 Listed on: 10/17/2024

Coldwell Banker Realty

Range of Values:

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Value 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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,149 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • High Ceiling
  • Jalousie or louvered window
  • Blinds
  • Bay Window
  • Wood Frame Window
  • Casement Windows
  • Center Hall

Kitchen

  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Driveway Level
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean
  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Overhead Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 1 / 6
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256037001
  • $445 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,560
  • Insurance Expense $1,100
  • Trash Expense $720
  • Water Sewer Expense $720
  • Operating Expense $4,100
  • Gross Income $76,380
  • Net Operating Income $72,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

3,149 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 4.70
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Water Sewer Expenses: 720.00
  • Zoning: LBR4R
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 7256037001
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Copper Plumbing Partial, Crown Molding, High Ceilings, Pantry, Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 734.54
  • Room Type: Center Hall, Kitchen, Laundry, Main Floor Primary Bedroom, Walk-In Closet
  • Window Features: Bay Window(s), Blinds, Casement Windows, Jalousies/Louvered, Wood Frames

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Good Condition, Wood
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Driveway, Asphalt, Driveway Level, Parking Space, Side by Side, Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas & Electric Range, Gas Range, Microwave, Range Hood, Vented Exhaust Fan, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Park, Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Corners Marked, Garden, Landscaped, Lawn, Level with Street, Rectangular Lot, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Utilities - Overhead, Walkstreet, Yard
  • Lot Size Sq Ft: 3149.00
  • Lot Size Acres: 0.0723

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 76380.00
  • Gross Operating Income: 76380.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 3149.0000 Square Feet
  • Net Operating Income: 72280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 4100.00
  • Operating Expense Percent: 5.00
  • Rent Control: Yes
  • Total Expenses: 4100.00
  • Vacancy Allowance Rate: 5.00
  • Waterfront Features: Across the Road from Lake/Ocean, Fishing in Community, Marina in Community, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5773.00
  • Tax Lot: 1
  • Tax Tract Number: 3750
  • TaxOtherAnnualAssessmentAmount: 445.00

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
Oct 17, 2024
Closed on
Dec 20, 2024
Sold by
Bought by
Seller's Agent
Ann Stefanucci
Coldwell Banker Realty
Buyer's Agent
Ann Stefanucci
Coldwell Banker Realty
List Price
$1,529,000
Sold Price
$1,467,615
Premium/Discount to List
-$61,385
-4.01%
Views
58
Current Estimated Value
$1,432,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,852
Avg. Annual Appreciation
-1.51%
Original Mortgage
$980,000
Outstanding Balance
$963,608
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$469,155

Purchase Details

Listed on
Oct 17, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
Seller's Agent
Ann Stefanucci
Coldwell Banker Realty
Buyer's Agent
Ann Stefanucci
Coldwell Banker Realty
List Price
$1,529,000
Sold Price
$1,467,615
Premium/Discount to List
-$61,385
-4.01%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$963,608
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$469,155

Purchase Details

Closed on
May 7, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2003
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
$143,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Belmont Shore, CA

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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
$1,467,545 Equity Title
-- Equity Title
-- None Available
-- Equity Land 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 $980,000
Previous Owner $143,000
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 Prior Sale
01/22/2025 01/22/25 Sold $1,467,615 0.0% $735 / Sq Ft
01/22/2025 01/22/25 Sold $1,467,615 -4.0% $735 / Sq Ft View Prior Sale
12/09/2024 12/09/24 Pending -- -- --
12/09/2024 12/09/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $1,529,000 0.0% $765 / Sq Ft
10/17/2024 10/17/24 For Sale $1,529,000 -- $765 / 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 $3,945 $271,752 $152,410 $119,342
2024 $3,760 $266,424 $149,422 $117,002
2023 $3,695 $261,201 $146,493 $114,708
2022 $3,477 $256,080 $143,621 $112,459
2021 $3,396 $251,059 $140,805 $110,254
2019 $3,348 $243,615 $136,630 $106,985
2018 $3,235 $238,839 $133,951 $104,888
2016 $2,969 $229,566 $128,750 $100,816
2015 $2,855 $226,119 $126,817 $99,302
2014 $2,844 $221,690 $124,333 $97,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24215621

California Regional Multiple Listing Service (CRMLS)

APN: 7256-037-001

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