1026 Roswell Ave, Long Beach, CA 90804
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1026 Roswell Ave Long Beach, CA 90804

$2,380,000 Sold Price as of 02/17/2023
  • 16 Beds
  • 14 Baths
  • 6,114 Sq.Ft.
Sold
$2,380,000 Sold Price as of 02/17/2023 Refinance Your Mortgage

Map preview of 1026 Roswell Ave, Long Beach, CA 90804

Property Overview: 1026 Roswell Ave Long Beach, CA has 16 bedrooms, 14 bathrooms, 6,114 living square feet and 5,853 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Eastside Long Beach investment opportunity—8 units comprised of 2 bedroom, 2 baths each with their own balcony. Ground level is covered garage with 12 assigned parking spaces. Newly painted exterior! Laundry room on ground level. Low vacancy building with lots of room to improve rents. This is a great location near Cal State Long Beach and Long Beach Community College! There is a portfolio purchase opportunity as well - total 26 units - 4200 E 10th St PW22176321 six units; 4212 E 10th St PW22176452 six units; 930 Roswell Ave PW22176452 six units; 1026 Roswell Ave PW22231020 eight units.

Listed by Jim Castillo | BRE #01831770 | Vylla Home, Inc.
Co-listed by Lorri Quiett | BRE #01371114 | Vylla Home, Inc.
Last checked: 9 minutes ago | Last updated: February 17th, 2023 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
5,853
HOA Dues
$0/mo
Year built
1987
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
PW22231020
City
Long Beach
County
Los Angeles
Time on Site
570 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $6,400
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $129,500
  • Net Operating Income: $115,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,000
  • Electric: $840
  • Gas/Fuel: $192
  • Trash: $0
  • Insurance: $2,000
  • Professional Management: $24,000
  • Water/Sewer: $960

Property Details for 1026 Roswell Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Refrigerator
Interior Features
  • Cathedral Ceiling(s), Tile Counters
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned, Carport, Controlled Entrance, Garage Door Opener, Gated
Lot Information
  • Lot Features: Front Yard, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 7241007011
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: South of East 10th Street, three blocks west of Ximeno Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains
View more facts & features

Local Long Beach Agent

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Sale History for 1026 Roswell Ave

Last sold for $2,380,000 on February 17th, 2023
  • February, 2023

  • Feb 17, 2023

    Date

    Sold

    CRMLS: PW22231020

    $2,380,000

    Price

  • Oct 27, 2022

    Date

    Active

    CRMLS: PW22231020

    $2,650,000

    Price

  • September, 1987

  • Sep 25, 1987

    Date

    Sold (Public Records)

    Public Records

    $575,005

    Price

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Tax History for 1026 Roswell Ave

Assessed Value (2020): $1,010,769
Year Land Value Improved Value Assessed Value
2020 $280,026 $730,743 $1,010,769

Home Value Compared to the Market

This property vs the competition

1026 Roswell Ave sold on February 17, 2023 for 231.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $433.43 per/sqft which puts the price per square foot 31.42% lower than the current median sale per square foot for the city of Long Beach.

About 1026 Roswell Ave

Detailed summary of property

1026 Roswell Ave is a apartment that recently sold in Long Beach, CA 90804. This apartment offered 16 bedrooms, 14 bathrooms, roughly 6,114 living square feet, and sits on an approximately 5,853 square foot lot. 1026 Roswell Ave was first listed on ArdentRealEstateGroup.com on October 28, 2022. The homeowner sold the property for $2,380,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 231.25% higher than the current median priced home. Local homes that are currently for sale include 1717 Temple Ave, 1717 Temple Ave and 207 Park Ave. While the average home in Long Beach, CA is selling in 51 days, 1026 Roswell Ave has a days on market of 23 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1026 Roswell Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1026 Roswell Ave

Public county record property details
Beds
16
Baths
16
Year built
1987
Sq. Ft.
6,114
Lot Size
5,852
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
7241-007-011

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
53
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 1026 Roswell Ave

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.