NOT LISTED FOR SALE

843 Belmont Ave Long Beach, CA 90804

Recreation Park Neighborhood
8 Beds
6 Baths
4,648 Sq Ft
6,527 Sq Ft Lot

Last Sold July 14, 2020

Last sale price $1,775,000 $382 Per Sq Ft

43 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 5 Car Garage
  • Fremont Elementary School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2020

Location, Location, Charm and Location. This 1928 Spanish Style two story is loaded with CHARM, original wood floors have all been restored, units have coved ceilings, mock fireplaces, original Mahogany wood builtins, remodeled baths to period, many with updated kitchens, some units include their own washer and dryer, and property is located in a parklike setting with mature landscaping and on a more then 6500 sq ft lot. 5 full size garages in the back, as parking is a true luxury here. Great long term tenants, building always stays rented as this is one of the most desirable locations, convenient to top-rated school systems, Recreation Park, minutes from Belmont Shore and the ocean, this location can not be beat. Don't let this Spanish charmer pass you by, current owner has owned it nearly 20 years

Last Agent to Sell the Property

Michael Barber

Coldwell Banker Realty License #01332558 Listed on: 04/22/2020

Coldwell Banker Realty

Last Buyer's Agent

John Alden

Alden Pacific Investments, Inc. License #02114291

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,595

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 6,527 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Sprinkler System

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,648 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 17
  • Assessor Parcel Number 7254018018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $492
  • Gardener Expense $600
  • Insurance Expense $2,400
  • Water Sewer Expense $1,248
  • Operating Expense $4,740
  • Gross Income $150
  • Net Operating Income $120,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,595

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • 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: Alamitos Heights (AH)
  • View: No
  • Water Sewer Expenses: 1248.00
  • Zoning: LBR3S
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7254018018
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 381.88

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 6527.00
  • Lot Size Acres: 0.1498

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Electric Expense: 492.00
  • Garage Income: 150.00
  • Gross Income: 150.00
  • Gross Scheduled Income: 125280.00
  • Insurance Expense: 2400.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 40.00
  • Lot Size Area: 6527.0000 Square Feet
  • Net Operating Income: 120048.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 5232.00
  • Rent Control: No
  • Total Actual Rent: 10250.00
  • Total Expenses: 4740.00

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 17
  • Tax Annual Amount: 10595.20

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
07/14/2020 07/14/20 Sold $1,775,000 -1.3% $382 / Sq Ft
05/25/2020 05/25/20 Price Changed $1,799,000 -2.8% $387 / Sq Ft
04/22/2020 04/22/20 For Sale $1,850,000 -- $398 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Barber

    Seller's Agent in 2020

    Michael Barber

    Coldwell Banker Realty

    (562) 659-3057

    20 Total Sales

    Michael Barber
    Section Image

  • J

    Buyer's Agent in 2020

    John Alden

    Alden Pacific Investments, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20077513

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

843 Belmont Ave, Long Beach, CA

This home is located at 843 Belmont Ave, Long Beach, CA 90804 since 22 April 2020. This property was built in 1928. 843 Belmont Ave is a home located in Los Angeles County with nearby schools including Fremont 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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