NOT LISTED FOR SALE

724 Temple Ave Long Beach, CA 90804

Rose Park Neighborhood
7 Beds
6 Baths
2,916 Sq Ft
6,132 Sq Ft Lot

Last Sold July 20, 2022

Last sale price $1,350,000 $463 Per Sq Ft

1 Day on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Granite Countertops
  • Woodrow Wilson High School Rated A
  • Attic
  • 4-minute walk to Rose Park

About This Home

As of July 2022

6 unit building on the edge of Rose Park, a very desirable historic area of Long Beach. The property has recently been renovated with new granite counter tops, cabinets, newer roof, new plumbing, double pane windows. Washer and dryer are owned by the seller and will transfer with the property. All units are separately metered. There are 7 off-street parking spaces so each unit has 1 space and the 2 bedroom unit has 2 parking spaces, which is very important in this area. Net operating expenses are high because of the improvements of double pane windows, insulation, and fix ups.

Last Agent to Sell the Property

Victor Peterson

V P Properties License #00479099 Listed on: 05/20/2022

Last Buyer's Agent

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,132 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wood Fence
  • Fence is in fair condition
  • Rectangular Lot
  • Lawn

Home Design

  • Traditional Architecture
  • Property Attached
  • Fire Rated Drywall
  • Blown-In Insulation
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,916 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Blinds
  • Atrium Windows
  • Window Screens
  • Double Door Entry
  • Living Room
  • Attic

Kitchen

  • Gas Range
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Up Slope from Street
  • Uncovered Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Exterior Lighting
  • Shed

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 2 / Yale
  • Tax Tract Number 5500
  • Assessor Parcel Number 7258017019

Community Details

Recreation

  • Park

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Electric Expense $200
  • Insurance Expense $1,542
  • Maintenance Expense $3,600
  • Pest Control $576
  • Supplies Expense $900
  • Trash Expense $229
  • Water Sewer Expense $2,733
  • New Taxes Expense $16,770
  • Operating Expense $26,070
  • Gross Income $80,260
  • Net Operating Income $42,741

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Other Phone Description: 562-712-6394
  • Other Phone Number: 562-596-8214
  • Price Per Unit: 225000
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Rose Park
  • Supplies Expense: 900.00
  • View: No
  • Water Sewer Expenses: 2733.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7258017019
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Copper Plumbing Full, Granite Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Levels: One
  • Price Per Square Foot: 462.96
  • Room Type: All Bedrooms Down, Attic, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Atrium, Blinds, Double Pane Windows, Low Emissivity Windows, Screens

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Shed(s)
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Pool Private: No
  • Roof: Asphalt, Ridge Vents
  • Spa: No
  • Construction Materials: Blown-In Insulation, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street, Parking Space, Uncovered

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Refrigerator, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Pest Control Expense: 576.00
  • Sewer: Public Sewer
  • Trash Expense: 229.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Rectangular Lot, Near Public Transit, Park Nearby, Up Slope from Street
  • Lot Size: 45 x135 approximate
  • Lot Size Sq Ft: 6132.00
  • Lot Size Acres: 0.1408

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 80260.00
  • Gross Scheduled Income: 80260.00
  • Gross Spendable Income: 37519.00
  • Insurance Expense: 1542.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 480.00
  • Lot Size Area: 6132.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 42741.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 37568.00
  • Operating Expense Percent: 47.00
  • Rent Control: Yes
  • Total Expenses: 26070.00

Tax Info

  • New Taxes Expense: 16770.00
  • Tax Block: Yale
  • Tax Census Tract: 5769.04
  • Tax Lot: 2
  • Tax Tract Number: 5500

Range of Values:

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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 Change Sq Ft Price
07/20/2022 07/20/22 Sold $1,350,000 0.0% $463 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,350,000 -- $463 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Victor Peterson

    V P Properties

    (949) 673-7600

    1 in this area

    1 Total Sale

    Victor Peterson
    Section Image
  • Kimberly Roberts Stepp

    Buyer's Agent in 2022

    Kimberly Roberts Stepp

    Keller Williams Beverly Hills

    (310) 482-2200

    1 in this area

    12 Total Sales

    Kimberly Roberts Stepp
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22095628

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Rose Park

724 Temple Ave, Long Beach, CA

This home is located at 724 Temple Ave, Long Beach, CA 90804 since 20 May 2022. This property was built in 1952. 724 Temple Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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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