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115 Euclid Ave, Long Beach, CA 90803
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115 Euclid Ave Long Beach, CA 90803

$1,561,000 Sold Price as of 09/25/2023
  • 4 Beds
  • 4 Baths
  • 3,624 Sq.Ft.
Sold
$1,561,000 Sold Price as of 09/25/2023 Refinance Your Mortgage
Map preview of 115 Euclid Ave, Long Beach, CA 90803

Property Overview: 115 Euclid Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 3,624 living square feet and 2,494 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the heart of Belmont Heights, we are pleased to present this opportunity to own 115 Euclid Ave.. This property includes four large 900 sq. ft. 1-bedroom / 1-bathroom units. 115 Euclid is a few blocks from the ocean and the shops on Second Street. With a walk score of 90, this is the most walkable zip code in Long Beach. The property has beautiful decorative fireplaces, wood built-ins, and aesthetic period detailing. The owner meticulously maintained the property's features and recently installed supports of the foundation, copper plumbing throughout the building as well as a large portion of new windows. Finally, there is an additional room on the roof that can be used as an office or artist studio, for additional income.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Caleb Baldwin | BRE #02056751 | Sage Real Estate
Last checked: 13 minutes ago | Last updated: September 26th, 2023 | Source CRMLS | DOM: 250

Home details

Lot Sq. Ft
2,494
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW22234630
City
Long Beach
County
Los Angeles
Time on Site
561 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,723
  • Total Rent: $1,723
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,452
  • Total Rent: $1,452
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,485
  • Total Rent: $1,485
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.36%
  • Gross Rent Multiplier: 19.91
  • Gross Scheduled Income: $84,120
  • Net Operating Income: $56,278
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $27,842
  • New Taxes: $24,971
  • Trash: $0
  • Insurance: $2,400
  • Water/Sewer: $472

Property Details for 115 Euclid Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Desert Front, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7256005011
  • 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
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: South of Second, West of Grand
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 115 Euclid Ave

Last sold for $1,561,000 on September 25th, 2023

  • September, 2023

  • Sep 25, 2023

    Date

    Sold

    CRMLS: PW22234630

    $1,561,000

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: PW22234630

    $1,997,500

    Price

  • June, 2023

  • Jun 1, 2023

    Date

    Expired

    CRMLS: PW22234035

    $1,997,500

    Price

  • Nov 2, 2022

    Date

    Active

    CRMLS: PW22234035

    $1,997,500

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Belmont Heights, we are pleased to present this opportunity to own 115 Euclid Ave.. This property includes four large 900 sq. ft. 1-bedroom / 1-bathroom units, prime for a conversion into 2-bedroom units and a laundry room. 115 Euclid is a few blocks from the ocean and the shops on Second Street. With a walk score of 90, this is the most walkable zip code in Long Beach. The property has beautiful original hardwood floors, tiled fireplaces, wood built-ins, and aesthetic period detailing. The owner meticulously maintained the property's features and recently installed supports of the foundation, copper plumbing throughout the building as well as a large portion of new windows. Finally, there is an additional room on the roof that can be used as an office or artist studio, for additional income.

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Tax History for 115 Euclid Ave

Assessed Value (2020): $460,538
Year Land Value Improved Value Assessed Value
2020 $183,862 $276,676 $460,538

Home Value Compared to the Market

This property vs the competition

115 Euclid Ave sold on September 25, 2023 for 99.88% 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 $441.23 per/sqft which puts the price per square foot 30.19% lower than the current median sale per square foot for the city of Long Beach.

About 115 Euclid Ave

Detailed summary of property

115 Euclid Ave is a fourplex that recently sold in Long Beach, CA 90803. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 3,624 living square feet, and sits on an approximately 2,494 square foot lot. 115 Euclid Ave was first listed on ArdentRealEstateGroup.com on November 3, 2022. The homeowner sold the property for $1,561,000. 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 99.88% higher than the current median priced home. Local homes that are currently for sale include 1615 Cherry Ave, 1120-1124 E Hellman St and 1825 Cherry Ave. While the average home in Long Beach, CA is selling in 51 days, 115 Euclid Ave has a days on market of 250 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 115 Euclid 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 115 Euclid Ave

Public county record property details
Beds
3
Baths
4
Year built
1923
Sq. Ft.
3,624
Lot Size
2,494
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8,9
APN
7256-005-011

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
$1,499,980
Median List Price/Sq.Ft.
$856
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
113
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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