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1077 Roswell Ave, Long Beach, CA 90804
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1077 Roswell Ave Long Beach, CA 90804

$925,000 Sold Price as of 12/30/2019
  • 5 Beds
  • 3 Baths
  • 2,080 Sq.Ft.
Sold
$925,000 Sold Price as of 12/30/2019 Refinance Your Mortgage
Map preview of 1077 Roswell Ave, Long Beach, CA 90804

Property Overview: 1077 Roswell Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,080 living square feet and 5,811 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present a triplex located in the prime area of East Long Beach. Located just south off major thoroughfare East Anaheim Street, the subject property was originally built in 1923 and consists of approximately 2,080 rentable square feet on approximately a 5,811 square foot lot. The buildings consist of one nonconforming 1 bedroom / 1 bathroom unit, a 2 bedroom / 1 bathroom apartment unit, and a 2 bedroom / 1 bathroom front house. Please note that the square footage listed here is only for the two conforming 2 bedroom units. The very large one bedroom non-conforming unit is not included in the square footage listed. The property has undergone many various upgrades recently, including, but not limited to, new flooring, new paint, new doors, new counter tops, new appliances, new electrical breakers and outlets, new water heater, new light fixtures, new landscaping, and a new fence. In addition, there is plenty of onsite parking, with a 2 car garage and multiple open spaces on the premises. With a Walk Score of 80, this location is deemed to be very walkable where most errands can be accomplished by foot. Due to this, the tenants benefit from the many restaurants, shops and various other entertainment options all within a short distance from the property. This is an incredible opportunity to acquire a highly desirable triplex in one of the most accessible locations in the city and would be a great addition to any investors portfolio.

Listed by Kevin King | BRE #01158184 | Marcus & Millichap
Co-listed by Ryan Gonzalez | BRE #01874815 | Marcus & Millichap
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
5,811
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19250384
City
Long Beach
County
Los Angeles
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,100
  • Total Rent: $4,100
  • Pro Forma/Market Rent: $4,490
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $44,325
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,695
  • Electric: $771
  • Gas/Fuel: $771
  • New Taxes: $12,470
  • Trash: $771
  • Gardener: $720
  • Insurance: $546
  • Maintenance: $2,125
  • Water/Sewer: $771
  • Other Expenses: $750
  • Other Expense Description: Misc/Res

Property Details for 1077 Roswell Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7254007014
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Septic Type Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Circle (CA)
  • Directions: Roswell & 11th Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1077 Roswell Ave

Last sold for $925,000 on December 30th, 2019

  • December, 2019

  • Dec 30, 2019

    Date

    Sold

    CRMLS: PW19250384

    $925,000

    Price

  • Nov 25, 2019

    Date

    Active Under Contract

    CRMLS: PW19250384

    $925,000

    Price

  • Oct 24, 2019

    Date

    Active

    CRMLS: PW19250384

    $925,000

    Price

  • December, 2019

  • Dec 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $912,500

    Price

  • May, 2002

  • May 23, 2002

    Date

    Sold (Public Records)

    Public Records

    $508,000

    Price

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Tax History for 1077 Roswell Ave

Assessed Value (2020): $912,900
Year Land Value Improved Value Assessed Value
2020 $590,000 $322,900 $912,900

Home Value Compared to the Market

This property vs the competition

1077 Roswell Ave sold on December 30, 2019 for 15.62% 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 $444.71 per/sqft which puts the price per square foot 29.63% lower than the current median sale per square foot for the city of Long Beach.

About 1077 Roswell Ave

Detailed summary of property

1077 Roswell Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,080 living square feet, and sits on an approximately 5,811 square foot lot. 1077 Roswell Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $925,000. 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 15.62% higher than the current median priced home. Local homes that are currently for sale include 2175 Earl Ave, 2100 Pine Ave and 154 E Eagle St. While the average home in Long Beach, CA is selling in 51 days, 1077 Roswell Ave has a days on market of 29 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 1077 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 1077 Roswell Ave

Public county record property details
Beds
3
Baths
3
Year built
1923
Sq. Ft.
2,080
Lot Size
5,811
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11,12
APN
7254-007-014

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%)

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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