NOT LISTED FOR SALE

732 Newport Ave Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,704,583 - $1,948,000

9 Beds
7 Baths
4,974 Sq Ft
$362/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $1,320,000 $265 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,271/month

101 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • 1-Story Property

About This Home

As of August 2020

$109,000 PRICE DROP!! 1980'S CONSTRUCTED 4-PLEX IN A PRIME LOCATION OF EASTSIDE LONG BEACH, CLOSE TO BELMONT SHORE AND CAL STATE LONG BEACH! THIS PROPERTY HAS HUGE UNITS WITH TOTAL OF 4974 SQ. FT. WITH A LARGE 3 BED/2 BATH TOWNHOUSE IN REAR OF PROPERTY! PERFECT FOR OWNER USER TO LIVE IN AND COLLECT RENT FOR MORTGAGE OR INVESTOR TO RENT ALL 4! UNIT MIX: 1- 3 BED/ 2BATH , 2- 2BED/2BATH, 1- 2BED/ 1.25 BATH. FIRST TIME THIS PROPERTY HAS BEEN SOLD IN 36 YEARS! ORIGINAL LONG TERM OWNER WITH COMPLETE PRIDE OF OWNERSHIP! SELLER PAYS WATER ONLY. TENANTS PAY ALL OTHER UTILITIES. HURRY THIS PROPERTY WILL NOT LAST LONG!

Last Agent to Sell the Property

Kristina Moore

The Moore Group License #01926377 Listed on: 03/10/2020

Last Buyer's Agent

Kristina Moore

The Moore Group License #01926377 Listed on: 03/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,386

Year Built

  • Built in 1986

Lot Details

  • 6,066 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 7 Car Garage

Interior Spaces

  • 4,974 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 19
  • Tax Tract Number 2968
  • Assessor Parcel Number 7258024020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $68,380
  • Net Operating Income $46,511

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,386

Year Built

Built in 1986

Lot Details

0

Parking

7

Listing Details

  • Other Phone Number: 7148097608
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7258024020
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 265.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6066.00
  • Lot Size Acres: 0.1393

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 68380.00
  • Gross Scheduled Income: 68380.00
  • Lot Size Area: 6066.0000 Square Feet
  • Net Operating Income: 46511.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21829.00
  • Rent Control: Yes
  • Total Actual Rent: 5695.00

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 19
  • Tax Tract Number: 2968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Parsley William Richard
Bought by
Moore Kristina Hunter
Current Estimated Value
$1,801,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,700
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moore Kristina Hunter $1,320,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Kristina Hunter $981,700
Previous Owner Parsley William Richard $450,000
Previous Owner Parsley William Richard $320,000
Previous Owner Parsley William Richard $315,000
Previous Owner Parsley William Richard $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $1,320,000 -5.0% $265 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $1,390,000 0.0% $279 / Sq Ft
05/14/2020 05/14/20 For Sale $1,390,000 +5.3% $279 / Sq Ft
03/22/2020 03/22/20 Off Market $1,320,000 -- --
03/10/2020 03/10/20 For Sale $1,499,000 -- $301 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,386 $1,428,808 $920,066 $508,742
2024 $18,386 $1,400,793 $902,026 $498,767
2023 $18,080 $1,373,328 $884,340 $488,988
2022 $16,975 $1,346,400 $867,000 $479,400
2021 $16,628 $1,320,000 $850,000 $470,000
2020 $8,312 $617,462 $209,678 $407,784
2019 $8,217 $605,356 $205,567 $399,789
2018 $7,935 $593,487 $201,537 $391,950
2016 $7,277 $570,443 $193,712 $376,731
2015 $6,996 $561,876 $190,803 $371,073
2014 $6,962 $550,871 $187,066 $363,805
Source: Public Records

Agents Affiliated with this Home

  • Kristina Moore

    Seller's Agent in 2020

    Kristina Moore

    The Moore Group

    (714) 809-7608

    2 in this area

    27 Total Sales

    Kristina Moore
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20051304

California Regional Multiple Listing Service (CRMLS)

APN: 7258-024-020

California Los Angeles County Long Beach 90804 Recreation Park

732 Newport Ave, Long Beach, CA

This home is located at 732 Newport Ave, Long Beach, CA 90804 since 10 March 2020 and is currently estimated at $1,801,396, approximately $362 per square foot. This property was built in 1986. 732 Newport 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

Nearby Homes