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1124 Roswell Ave, Long Beach, CA 90804
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1124 Roswell Ave Long Beach, CA 90804

$1,150,000 Sold Price as of 04/29/2022
  • 5 Beds
  • 3 Baths
  • 1,816 Sq.Ft.
Sold
$1,150,000 Sold Price as of 04/29/2022 Refinance Your Mortgage
Map preview of 1124 Roswell Ave, Long Beach, CA 90804

Property Overview: 1124 Roswell Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 1,816 living square feet and 5,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Please take time to discover the virtual tour & floorplan links along with the supporting data for the market rents in the supplement tabs. This property has been the pride and joy of the owners for over 16 years. Who is ready to profit from this fantastic opportunity? Imagine living in a home that would run upwards of $800K in this part of town, only now you have a potential income stream of up to $1950 coming from the unit in the back (Actual rents are currently $1,800) ...Or rent out the front and pick up another potential $2,775 to offset your mortgage investment. The pictures and tours speak volumes as to the care and character of this oh so cool property in the even more hip enclave known as "Zafaria" You will be just around the corner from the public "Big Rec" golf course, the dog park and the local Long Beach Play House. The walk and cycle scores are just as attractive as this well designed Spanish gem. Grab some refreshments at the Port City Tavern, Rounding 3rd Sports Bar and Grill or just relax in you private side yard while you BBQ off of your walk in kitchen pantry.

Listed by Jack Tanner | BRE #01383525 | Beach Cities Properties, Inc.
Last checked: 47 seconds ago | Last updated: April 29th, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
5,300
HOA Dues
$0/mo
Year built
1930
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22030256
City
Long Beach
County
Los Angeles
Time on Site
945 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,775
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,775
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 13.98
  • Gross Scheduled Income: $75,060
  • Net Operating Income: $53,290
  • Gross Operating Income: $73,558
  • Vacancy Allowance: $1,501
  • # of Rented Garages: 1
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Laundry Own/Lease: Own
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $21,770
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $13,125
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $600
  • Insurance: $1,142
  • Maintenance: $1,200
  • Workman's Comp: $0
  • Professional Management: $4,504
  • Water/Sewer: $1,200

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1124 Roswell Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Bamboo, Tile, Wood
  • Walk-In Closet, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave
Interior Features
  • Built-in Features, Copper Plumbing Partial, Laminate Counters, Pantry, Stone Counters, Tile Counters
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat, Rolled/Hot Mop, Spanish Tile
  • Has Fence
  • Wood
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Attached Carport, Driveway, Garage
Lot Information
  • Lot Features: Front Yard, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7241008022
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: Ximeno and Anaheim
Neighborhood Information
  • Community Features: Dog Park, Golf, Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 1124 Roswell Ave

Last sold for $1,150,000 on April 29th, 2022

  • April, 2022

  • Apr 5, 2022

    Date

    Pending

    CRMLS: PW22030256

    $1,100,000

    Price

  • Feb 18, 2022

    Date

    Price Change

    CRMLS: PW22030256

    $1,100,000

    Price

  • July, 2020

  • Jul 29, 2020

    Date

    Leased

    CRMLS: PW20132007

    $2,400

    Price

  • Jul 11, 2020

    Date

    Active

    CRMLS: PW20132007

    $2,400

    Price

  • Jul 11, 2020

    Date

    Price Change

    CRMLS: PW20132007

    $2,400

    Price

  • Jul 9, 2020

    Date

    Hold

    CRMLS: PW20132007

    $2,395

    Price

  • Jul 6, 2020

    Date

    Active

    CRMLS: PW20132007

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Fantastic detached large Spanish house on a shared lot with a (2 one bedroom units) duplex in the back. One resident has lived in the back for over 25 years and the other is a second year resident retiree. The previous tenants were in the house for 8 years, people stay here a long time. You have a private enclosed driveway and patio to yourself and the option for the mostly unused shared patio off the back that separates the duplex from the detached house. The house has private washer and dryer hook ups in your one car garage. The hardwood floors were just refinished in both bedrooms, all new interior paint and the living room/dining and hall are covered in bamboo flooring. Dual pane vinyl windows throughout the home and window AC in bedroom and dining room This is a great walk-able and bike-able neighborhood for food, golf, dog park and the beach community near by. Requirements to apply: Non smoking, 700+ FICO score, $85,000+ household income, No pets preferred, Maximum of two adults and two children. Looking for a long term resident seeking a stable home.

  • October, 2013

  • Oct 30, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2007

  • Oct 30, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1124 Roswell Ave

Assessed Value (2020): $515,606
Year Land Value Improved Value Assessed Value
2020 $358,684 $156,922 $515,606

Home Value Compared to the Market

This property vs the competition

1124 Roswell Ave sold on April 29, 2022 for 34.31% 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 $605.73 per/sqft which puts the price per square foot 3.55% lower than the current median sale per square foot for the city of Long Beach.

About 1124 Roswell Ave

Detailed summary of property

1124 Roswell Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,816 living square feet, and sits on an approximately 5,300 square foot lot. 1124 Roswell Ave was first listed on ArdentRealEstateGroup.com on February 17, 2022. The homeowner sold the property for $1,150,000. 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 34.31% higher than the current median priced home. Local homes that are currently for sale include 5000 E 1st St, 528 Cherry Ave and 1746 E Florida St. While the average home in Long Beach, CA is selling in 62 days, 1124 Roswell Ave has a days on market of 18 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 1124 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 1124 Roswell Ave

Public county record property details
Beds
3
Baths
2
Year built
1930
Sq. Ft.
1,816
Lot Size
5,299
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
91
APN
7241-008-022

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
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), Other (0%)

Thinking of Selling?

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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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