Search
120 Bennett Ave, Long Beach, CA 90803
Image 2 for 120 Bennett Ave, Long Beach, CA 90803
Image 3 for 120 Bennett Ave, Long Beach, CA 90803
View Photos

120 Bennett Ave Long Beach, CA 90803

$2,580,650 Sold Price as of 10/13/2021
  • 10 Beds
  • 9 Baths
  • 4,682 Sq.Ft.
Sold
$2,580,650 Sold Price as of 10/13/2021 Refinance Your Mortgage
Map preview of 120 Bennett Ave, Long Beach, CA 90803

Property Overview: 120 Bennett Ave Long Beach, CA has 10 bedrooms, 9 bathrooms, 4,682 living square feet and 4,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 120 Bennet Avenue: 9-Unit building that is situated on a 4,724 square foot lot located in the city Long Beach, CA. The subject property is located at 120 Bennett Avenue. The property is composed of (1) 2 bedroom/ 1 bath unit & (8) 1 bedroom/1 bath units. Built in 1947. This 2 story investment in Belmont Shore is only blocks away from the beach making it highly desirable for a tenant and owner. The two bedroom unit is approximately 650 square feet. The one bedroom units are approximately 500 square feet each. Four single car garages are located in the back of the property. They rent for $150 each. Other parking can be found on the street. The units are individually metered and the tenants pay for gas and electric. A washer & dryer facility is also located on the property. The Property recently had $50,000 of improvements. The exterior included new roof, wood trim, replaced eaves, paint, and windows. The interior included a recently renovated unit with new floors, paint, and bathroom upgrades. Tenant in Unit # 5 will be moving out in the middle of October.

Listed by John McCann | BRE #01963932 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
4,724
HOA Dues
$0/mo
Year built
1947
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21782380
City
Long Beach
County
Los Angeles
Time on Site
957 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,520
  • Total Rent: $1,520
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,085
  • Total Rent: $1,085
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,465
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,465
  • Total Rent: $1,465
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,585
  • Total Rent: $1,585
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $1,625
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.65
  • Gross Scheduled Income: --
  • Net Operating Income: $104,263
  • Gross Operating Income: $162,108
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 120 Bennett Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 9
  • Parcel Number: 7256027005
Location / Neighborhood
Location Information
  • Directions: Property is located South of E Livingston Dr & North of E Ocean Blvd. While traveling East on Ocean Blvd make a left turn on to Bennett Avenue. Property is on the right hand side after crossing 1st Street.
View more facts & features

Local Long Beach Agent

Sale History for 120 Bennett Ave

Last sold for $2,580,650 on October 13th, 2021

  • September, 2021

  • Sep 17, 2021

    Date

    Active Under Contract

    CRMLS: 21782380

    $2,500,000

    Price

  • Sep 13, 2021

    Date

    Active

    CRMLS: 21782380

    $2,500,000

    Price

Tax History for 120 Bennett Ave

Assessed Value (2020): $497,073
Year Land Value Improved Value Assessed Value
2020 $113,564 $383,509 $497,073

Home Value Compared to the Market

This property vs the competition

120 Bennett Ave sold on October 13, 2021 for 228.95% higher than the current median sold price for the city of Long Beach which is $760,000. The median sold price per/sqft for Long Beach is $633 and this home is sold at $533.96 per/sqft which puts the price per square foot 15.65% lower than the current median sale per square foot for the city of Long Beach.

About 120 Bennett Ave

Detailed summary of property

120 Bennett Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 10 bedrooms, 9 bathrooms, roughly 4,682 living square feet, and sits on an approximately 4,724 square foot lot. 120 Bennett Ave was first listed on ArdentRealEstateGroup.com on September 13, 2021. The homeowner sold the property for $2,580,650. Home in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 228.95% higher than the current median priced home. Local homes that are currently for sale include 441 Dawson Ave, 536 Saint Louis Ave and 4016 E Wilton. While the average home in Long Beach, CA is selling in 56 days, 120 Bennett Ave has a days on market of 4 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 sale at 120 Bennett 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 120 Bennett Ave

Public county record property details
Beds
10
Baths
9
Year built
1947
Sq. Ft.
4,682
Lot Size
4,723
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
7256-027-005

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
$1,479,000
Median List Price/Sq.Ft.
$800
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$708
Total Inventory
93
Median Sale to List Price %
98.87%
Avg Days on Market
44
Loan Type
Conventional (45.83%), FHA (0%), VA (4.17%), Cash (33.33%), Other (16.67%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 120 Bennett Ave

Nearby Homes for Sale

116 Bennett Ave, Long Beach, CA 90803
$2,500,000
8 Beds
4 Baths
4113 Sq.Ft.
116 Bennett Ave
Long Beach, CA 90803
219 Prospect Ave, Long Beach, CA 90803
$2,590,000
5 Beds
5 Baths
3448 Sq.Ft.
219 Prospect Ave
Long Beach, CA 90803
179 Saint Joseph Ave, Long Beach, CA 90803
$2,195,000
7 Beds
3 Baths
3012 Sq.Ft.
179 Saint Joseph Ave
Long Beach, CA 90803
207 Park Ave, Long Beach, CA 90803
$2,149,000
5 Beds
3 Baths
2936 Sq.Ft.
207 Park Ave
Long Beach, CA 90803
268 Park Avenue, Long Beach, CA 90803
$2,290,000
4 Beds
3 Baths
2715 Sq.Ft.
268 Park Avenue
Long Beach, CA 90803
337 Ximeno Ave, Long Beach, CA 90814
$2,250,000
4 Beds
3 Baths
2538 Sq.Ft.
337 Ximeno Ave
Long Beach, CA 90814
337 Ximeno Ave, Long Beach, CA 90814
$2,250,000
4 Beds
4 Baths
2538 Sq.Ft.
337 Ximeno Ave
Long Beach, CA 90814
5285 E The Toledo, Long Beach, CA 90803
$2,195,000
0 Beds
8 Baths
3389 Sq.Ft.
5285 E The Toledo
Long Beach, CA 90803
3316 E 3rd St, Long Beach, CA 90814
$2,925,000
5 Beds
7 Baths
3516 Sq.Ft.
3316 E 3rd St
Long Beach, CA 90814
3100 E Vista St, Long Beach, CA 90803
$2,150,000
5 Beds
4 Baths
3226 Sq.Ft.
3100 E Vista St
Long Beach, CA 90803
830 Roswell Ave, Long Beach, CA 90804
$2,395,000
11 Beds
6 Baths
4714 Sq.Ft.
830 Roswell Ave
Long Beach, CA 90804
1102 Termino Ave, Long Beach, CA 90804
$2,100,000
8 Beds
7 Baths
5751 Sq.Ft.
1102 Termino Ave
Long Beach, CA 90804

Recently Sold Homes Near 120 Bennett Ave

113 Bennett Ave, Long Beach, CA 90803
$1,521,200 Last Sold Price
4 Beds
2 Baths
2216 Sq.Ft.
113 Bennett Ave
Long Beach, CA 90803
108 Bennett Ave, Long Beach, CA 90803
$1,400,000 Last Sold Price
4 Beds
2 Baths
2152 Sq.Ft.
108 Bennett Ave
Long Beach, CA 90803
121 Ximeno Ave, Long Beach, CA 90803
$1,825,000 Last Sold Price
3 Beds
8 Baths
4162 Sq.Ft.
121 Ximeno Ave
Long Beach, CA 90803
105 Roswell Ave, Long Beach, CA 90803
$2,470,000 Last Sold Price
9 Beds
11 Baths
5361 Sq.Ft.
105 Roswell Ave
Long Beach, CA 90803

Related Resources to 120 Bennett Ave

New Listings in 90803
Popular Zip Codes
Popular Cities
Other Long Beach Resources

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.

Refi Quote