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102 Pomona Ave, Long Beach, CA 90803
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102 Pomona Ave Long Beach, CA 90803

$2,400,000 Sold Price as of 09/27/2019
  • 10 Beds
  • 6 Baths
  • 5,567 Sq.Ft.
Sold
$2,400,000 Sold Price as of 09/27/2019 Refinance Your Mortgage
Map preview of 102 Pomona Ave, Long Beach, CA 90803

Property Overview: 102 Pomona Ave Long Beach, CA has 10 bedrooms, 6 bathrooms, 5,567 living square feet and 4,587 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Donna Lee, a 6 unit Trophy Property in Long Beach, California. The property is located in the highly desirable area of Belmont Shore, an exclusive beachside community of Long Beach, just steps from the sand and within walking distance to 2nd Street. Built in 1928, the property consists of 5,567 rentable square feet on a 4,632 square foot lot. The unit mix includes (5) 2bd/1bth units, and (1) non-conforming studio unit, and (5) single car garages. This pride of ownership asset is located in on e of the premier recreational areas of Southern California. Don't miss out on this rare opportunity to purchase a one of kind building.

Listed by Spencer Pabst | BRE #01849377 | Pabst, Kinney & Associates
Co-listed by Patrick Sullivan | BRE #00363147 | J Patrick Sullivan
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
4,587
HOA Dues
$0/mo
Year built
1928
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19189991
City
Long Beach
County
Los Angeles
Time on Site
1522 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $4,850
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $6,950
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $8,850
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $10,650
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,430
  • Total Rent: $12,080
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.14
  • Gross Scheduled Income: $145,560
  • Net Operating Income: $145,560
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 102 Pomona Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 7245006013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: Ocean Blvd. to Pomona Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 102 Pomona Ave

Last sold for $2,400,000 on September 27th, 2019

  • September, 2019

  • Sep 30, 2019

    Date

    Sold

    CRMLS: PW19189991

    $2,400,000

    Price

  • Sep 25, 2019

    Date

    Pending

    CRMLS: PW19189991

    $2,495,000

    Price

  • Aug 11, 2019

    Date

    Active Under Contract

    CRMLS: PW19189991

    $2,495,000

    Price

  • Aug 9, 2019

    Date

    Active

    CRMLS: PW19189991

    $2,495,000

    Price

  • September, 2019

  • Sep 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,400,000

    Price

  • January, 2018

  • Jan 30, 2018

    Date

    Sold

    CRMLS: 17287096

    $2,550,000

    Price

  • Dec 6, 2017

    Date

    Active Under Contract

    CRMLS: 17287096

    $2,650,000

    Price

  • Nov 6, 2017

    Date

    Active

    CRMLS: 17287096

    $2,650,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2018

  • Jan 25, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,550,000

    Price

Show More

Tax History for 102 Pomona Ave

Assessed Value (2020): $2,400,860
Year Land Value Improved Value Assessed Value
2020 $1,800,000 $600,860 $2,400,860

Home Value Compared to the Market

This property vs the competition

102 Pomona Ave sold on September 27, 2019 for 204.64% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $448.18 per/sqft which puts the price per square foot 28.63% lower than the current median sale per square foot for the city of Long Beach.

About 102 Pomona Ave

Detailed summary of property

102 Pomona Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 5,567 living square feet, and sits on an approximately 4,587 square foot lot. 102 Pomona Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $2,400,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 204.64% higher than the current median priced home. Local homes that are currently for sale include 628 Mira Mar Ave, 1102 Termino Ave and 4016 E Wilton. While the average home in Long Beach, CA is selling in 62 days, 102 Pomona Ave has a days on market of 2 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 102 Pomona Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 102 Pomona Ave

Public county record property details
Beds
10
Baths
6
Year built
1928
Sq. Ft.
5,567
Lot Size
4,631
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12,13
APN
7245-006-013

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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