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1075 Obispo Ave, Long Beach, CA 90804
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1075 Obispo Ave Long Beach, CA 90804

$1,975
  • 2 Beds
  • 1 Baths
  • 848 Sq.Ft.
For Lease
$1,975 Get Pre-Qualified
Map preview of 1075 Obispo Ave, Long Beach, CA 90804

Property Overview: 1075 Obispo Ave Long Beach, CA has 2 bedrooms, 1 bathrooms, 848 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Modern renovated 2bed/ 1bath with wood plank flooring. Freshly painted , gas stove. Approx 848 sq ft . Ready for move in , no pets allowed. Must meet leasing requirements- monthly income 2.5 times rent , credit scores over 600 and good rental history. Street parking or 1 car garage parking $50 per month ( multiple units available)

Listed by Beatriz Martinez | BRE #01341784 | Rodeo Realty
Last checked: 8 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24360967
City
Long Beach
County
Los Angeles
Time on Site
63 days

Open Houses for 1075 Obispo Ave

No upcoming open houses

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Property Details for 1075 Obispo Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range, Microwave
  • Corian Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: Two
  • Security Features: Gated Community, Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron, Wood
  • No Spa
  • Spa Features: None
  • No Sprinklers
Exterior Features
  • No Patio
  • No Pool
  • Pool Features: None
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Total # of Units: 9
  • Parcel Number: 7258004013
  • Architectural Style: Traditional
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Eastbound on E. Anaheim St. To right on Obispo Ave
View more facts & features

Local Long Beach Agent

Sale History for 1075 Obispo Ave

Last sold for $2,773,000 on October 27th, 2021

  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: 24360967

    $2,175

    Price

  • August, 2021

  • Aug 31, 2021

    Date

    Active Under Contract

    CRMLS: SB21192388

    $2,795,000

    Price

  • Aug 31, 2021

    Date

    Active

    CRMLS: SB21192388

    $2,795,000

    Price

  • Listing provided courtesy of CRMLS

    1075 Obispo Ave. is a meticulously renovated 9-unit apartment complex in Long Beach, California. The seller spent roughly $200,000 on capital improvements. The offering is only two miles from CSULB in prime Eastside Long Beach and is a “walker’s paradise” boasting a walk score of 94 which allows daily errands to be done on foot. The building is exclusively comprised of spacious two-bedroom/one-bathroom units totaling 7,632 square feet. The property has secure gated entry and a common laundry room for the tenant's convenience and there are four individual garages and four open parking spaces in the rear of the building. Extensive interior renovations include quartz countertops, waterproof vinyl flooring, stainless steel appliances, modern style white shaker cabinets with soft close, ceiling fans, new paint, and fully upgraded bathrooms with ceramic tile shower enclosures. Exterior renovations include new paint, new security screen doors, new lighting, landscaping, fence and mailboxes. 1075 Obispo Avenue’s location, cashflow, attractive financing and high-end renovations provide a new investor the opportunity to own an improved asset that will minimize their cost, maximize their return over the long-term investment horizon and provide a superior hedge against inflation.

  • August, 2021

  • Aug 2, 2021

    Date

    Expired

    CRMLS: OC21011150

    $2,795,000

    Price

  • Jul 26, 2021

    Date

    Withdrawn

    CRMLS: OC21011150

    $2,795,000

    Price

  • Jun 8, 2021

    Date

    Active

    CRMLS: OC21011150

    $2,795,000

    Price

  • Apr 26, 2021

    Date

    Active Under Contract

    CRMLS: OC21011150

    $2,795,000

    Price

  • Jan 18, 2021

    Date

    Active

    CRMLS: OC21011150

    $2,795,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to announce the sale of 1075 Obispo a 9-unit apartment community located in Long Beach, California. This property provides the right investor an opportunity to acquire a turnkey asset that has had extensive repairs and renovations performed within the last year. Renovated in 2020 and built in 1963, 1075 Obispo is a two story, 9-unit apartment community with parking garages. It comprises all 2 / 1.0 floor plans with an average size of 750 square feet for a total rentable building area of 6,750 square feet. EXTENSIVE RENOVATIONS BY THE CURRENT OWNER The current owner has invested extensively in renovating the interiors of the units, adding quartz countertops, waterproof vinyl flooring, stainless steel appliances, modern style white cabinets with soft close, ceiling fans, new paint, and fully upgraded bathrooms with tile shower enclosures. VERY WALKABLE WITH AN 88 WALKSCORE The community features a high Walk Score of 88 meaning its very walkable and most errands can be done on foot. It is within walking distance to numerous grocery stores, restaurants, coffee shops, bars, and parks.

  • January, 2021

  • Jan 5, 2021

    Date

    Canceled

    CRMLS: SB20178059

    $2,895,000

    Price

  • Aug 29, 2020

    Date

    Active

    CRMLS: SB20178059

    $2,895,000

    Price

  • Listing provided courtesy of CRMLS

    Totally remodeled, fully occupied turnkey 9-unit apartment building. $200K spent on building improvements, exterior refreshed with new paint, new security screen doors, new lighting, landscaping, and fence. 100% of unit interiors upgraded including quartz counters, waterproof vinyl plank floors, stainless appliances, new cabinets, new bathrooms, and new lighting. Has a perfect unit mix of nine 2 bed/1 bath apartments that come with 4 garages and 4 off-street parking spaces.

  • June, 2019

  • Jun 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,400,000

    Price

  • April, 2016

  • Apr 12, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,685,000

    Price

Show More

Tax History for 1075 Obispo Ave

Assessed Value (2020): $2,448,600
Year Land Value Improved Value Assessed Value
2020 $1,428,000 $1,020,600 $2,448,600

Home Value Compared to the Market

This property vs the competition

1075 Obispo Ave is currently listed for lease in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $800,000. The median price per/sqft for Long Beach is $633. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $160,000 for the down payment and will need roughly $16,000 for closing costs on top of the down payment.

About 1075 Obispo Ave

Detailed summary of property

1075 Obispo Ave is a condominium for lease located in Long Beach, CA 90804. This condo offers 2 bedrooms, 1 bathrooms, roughly 848 living square feet, and sits on an approximately 6,501 square foot lot. 1075 Obispo Ave was first listed on ArdentRealEstateGroup.com on February 23, 2024. The homeowner is currently asking $1,975. Local homes that are currently for sale include 2507 E 15th St #312, 2324 E 14th St and 2550 Old Zaferia Way. While the average home in Long Beach, CA is selling in 56 days, 1075 Obispo Ave has a days on market of 63 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for lease at 1075 Obispo 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 1075 Obispo Ave

Public county record property details
Beds
18
Baths
9
Year built
1963
Sq. Ft.
7,632
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7258-004-013

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
$519,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$642,000
Median Sold Price/Sq.Ft.
$584
Total Inventory
41
Median Sale to List Price %
95.82%
Avg Days on Market
25
Loan Type
Conventional (83.33%), FHA (0%), VA (0%), Cash (0%), Other (16.67%)

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Long Beach Agent
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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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