129 Park Ave, Long Beach, CA 90803
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129 Park Ave Long Beach, CA 90803

$2,050,000 Sold Price as of 09/01/2022
  • 5 Beds
  • 3.75 Baths
  • 2,710 Sq.Ft.
Sold
$2,050,000 Sold Price as of 09/01/2022 Refinance Your Mortgage

Map preview of 129 Park Ave, Long Beach, CA 90803

Property Overview: 129 Park Ave Long Beach, CA has 5 bedrooms, 3.75 bathrooms, 2,710 living square feet and 2,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This stunning duplex on one of Belmont Shore's most beautiful and quiet streets was originally built in 1931 and completely rebuilt in 2020 with a spectacular remodel. 131 Park consists of 3 bedrooms and 3 bathrooms in the upstairs owner's unit, with an option to use the back of the upstairs home as a separate guest suite with private bathroom and lounge. 129 Park has 2 bedrooms and 1 bathroom. No expense was spared and the results highlight a ton of custom features, such as new wood floors, new glass and wood doors in the living room opening to Juliet balconies, beautiful custom tile, central A/C (upstairs), new gas central heater, 2 new on-demand, tankless gas water heaters (one per unit), new plumbing throughout both units, new electrical wiring throughout both units, new insulation throughout, the oversized 2-car garage has new steel garage door, new solid core wooden interior doors, new safety glass front windows, new front doors upstairs and downstairs, new custom cabinets throughout the upstairs unit, with new quartz countertop in top floor kitchen and bathrooms. The downstairs kitchen and bathroom are refurbished (bathroom has original 1930's tile), and has new commercial-grade carpeting. The front courtyard is a quiet oasis in Long Beach. The plantings feature a miniature Moro Blood Orange tree (last year was the first harvest of sweet blood oranges). The 2 Queen Palms provide shade to the front flagstone patio. The fountain and abundant flowers (jasmine, Black-eyed Susan, Lavender, Ivy Geraniums, and Bougainvillea) attract butterflies, pollinators and hummingbirds. The automatic irrigation system makes garden maintenance easier. The original barrel and cove lathe and plaster ceilings as well as arched windows and archways have been maintained in both units. The top floor residence has a gas fire place. Long Beach has easy access to the 110, 710 & 405 freeways to commute to LA or Irvine. This particular home is ideally located on the middle block of beautiful Park Avenue, 1 block walking distance to the ocean, beaches and 1 block to the shops and restaurants on 2nd Street, a short distance from everything else Long Beach has to offer.

Listed by Lorette Murphree | BRE #01271840 | So Cal Dwell
Last checked: 11 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
2,970
HOA Dues
$0/mo
Year built
1931
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22149695
City
Long Beach
County
Los Angeles
Time on Site
786 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
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: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 129 Park Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Tankless Water Heater
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: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7256031013
  • 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
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: 2nd St to Park Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

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Sale History for 129 Park Ave

Last sold for $2,050,000 on September 1st, 2022
  • September, 2022

  • Sep 1, 2022

    Date

    Sold

    CRMLS: PW22149695

    $2,050,000

    Price

  • Jul 8, 2022

    Date

    Active

    CRMLS: PW22149695

    $2,100,000

    Price

  • September, 2022

  • Sep 1, 2022

    Date

    Sold

    CRMLS: PW22145120

    $2,050,000

    Price

  • Jul 8, 2022

    Date

    Active

    CRMLS: PW22145120

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2019

  • Feb 21, 2019

    Date

    Sold

    CRMLS: PW18226857

    $1,300,000

    Price

  • Feb 12, 2019

    Date

    Pending

    CRMLS: PW18226857

    $1,395,000

    Price

  • Feb 6, 2019

    Date

    Active Under Contract

    CRMLS: PW18226857

    $1,395,000

    Price

  • Sep 17, 2018

    Date

    Active

    CRMLS: PW18226857

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    NEW PRICE! This spacious Spanish-style duplex is on a prestigious and quiet street, known for its genteel ambiance and is walking distance to the restaurants and boutique stores of Belmont Shore and the beach. This property is perfect to live in one unit and rent out the other. The huge upstairs unit boasts 3 bedrooms & 2 bathrooms and two spacious living rooms, hardwood floors, while the downstairs is a large 2 bedroom, 1 bathroom unit. The upstairs unit of this beautiful Spanish duplex has a large living room at the front of the home and a large, dome-shaped window allowing for an abundance of light and warmth. The second upstairs living room is at the unit's back-end, over the garage, with an additional bedroom and bathroom. The downstairs unit has a similar layout and is perfect for a smaller family. The inherent bones of both units are very structurally solid, built with great care and precision in 1931. Beautiful carved stucco archways connect both units' hallways and bedrooms. Units also offer laundry areas, recessed lights, high ceilings, outstanding shelf space and abundant storage. Both units have outdoor space, downstairs has a patio with a patch of grass, ideal to open to the house for a party. The upstairs has an impressive balcony opening up to the dining room. The property has an over-sized 2-car garage with lots of space for cars, storage and bikes, to be shared between the occupants. Lots of street parking available. Separate meters for utilities.

  • February, 2019

  • Feb 21, 2019

    Date

    Sold

    CRMLS: PW18226794

    $1,300,000

    Price

  • Feb 12, 2019

    Date

    Pending

    CRMLS: PW18226794

    $1,395,000

    Price

  • Feb 6, 2019

    Date

    Active Under Contract

    CRMLS: PW18226794

    $1,395,000

    Price

  • Sep 17, 2018

    Date

    Active

    CRMLS: PW18226794

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    NEW PRICE! This spacious Spanish-style duplex is on a prestigious and quiet street, known for its genteel ambiance and is walking distance to the restaurants and boutique stores of Belmont Shore and the beach. The huge upstairs unit boasts 3 bedrooms & 2 bathrooms and two spacious living rooms and hardwood floors. One at the front of the home with large, dome-shaped windows allowing for an abundance of light, the second upstairs living room, roomy enough for a growing family, is at the unit's back-end, over the garage, with an additional bedroom and bathroom. The downstairs is a large 2 bedroom, 1 bathroom unit with original hardwood floors throughout most of the unit and the original mosaic tile on the bathroom floor. The inherent bones of both units are very structurally solid, built with great care and precision in 1931. Beautiful carved stucco archways connect both units' hallways and bedrooms. Units also offer laundry areas, recessed lights, high ceilings, abundant storage and a feeling of spaciousness with natural light. Both units have outdoor space, downstairs has a patio with a patch of grass, ideal to open to the house for a party. The upstairs has an impressive balcony opening up to the formal dining room. The property has an over-sized 2-car garage with lots of space for cars, storage and bikes, to be shared between the occupants. Lots of street parking available. Separate meters for utilities.

  • February, 2019

  • Feb 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • September, 2018

  • Sep 17, 2018

    Date

    Canceled

    CRMLS: PW18189414

    $1,450,000

    Price

  • Sep 11, 2018

    Date

    Withdrawn

    CRMLS: PW18189414

    $1,450,000

    Price

  • Aug 5, 2018

    Date

    Active

    CRMLS: PW18189414

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    This spacious Spanish-style duplex is on a prestigious and quiet street, known for its genteel ambiance and is walking distance to the restaurants and boutique stores of Belmont Shore and the beach. Beautiful opportunity to live in one unit and rent out the other. The huge upstairs unit boasts 3 bedrooms & 2 bathrooms and two spacious living rooms, hardwood floors, while the downstairs is a large 2 bedroom, 1 bathroom unit. The upstairs unit of this beautiful Spanish duplex has a large living room at the front of the home, large, dome-shaped windows allowing for an abundance of light and warmth. The second upstairs living room, roomy enough for a growing family, is at the unit's back-end, over the garage, with an additional bedroom and bathroom. The downstairs unit is perfect for one person or a smaller family with a similar layout. The inherent bones of both units are very structurally solid, built with great care and precision in 1931. Beautiful carved stucco archways connect both units' hallways and bedrooms. In-unit laundry in both units, recessed lights, high ceilings, abundant storage and a feeling of spaciousness with natural light. The downstairs unit has a patio and deck, ideal to open to the house for a party. The upstairs has an impressive balcony opening up to the formal dining room. The property has an over-sized 2-car garage with lots of space for cars, storage and bikes, to be shared between the occupants. Lots of street parking available.

  • September, 2018

  • Sep 17, 2018

    Date

    Canceled

    CRMLS: PW18085096

    $1,450,000

    Price

  • Sep 11, 2018

    Date

    Withdrawn

    CRMLS: PW18085096

    $1,450,000

    Price

  • Apr 13, 2018

    Date

    Active

    CRMLS: PW18085096

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    This spacious Spanish-style duplex is on a prestigious and quiet street, known for its genteel ambiance and is walking distance to the restaurants and boutique stores of Belmont Shore and the beach. The huge upstairs unit boasts 3 bedrooms & 2 bathrooms and two spacious living rooms, hardwood floors, while the downstairs is a large 2 bedroom, 1 bathroom unit. The upstairs unit of this beautiful Spanish duplex has a large living room at the front of the home, large, dome-shaped windows allowing for an abundance of light and warmth. The second upstairs living room, roomy enough for a growing family, is at the unit's back-end, over the garage, with an additional bedroom and bathroom. The downstairs unit is perfect for one person or a smaller family with a similar layout. The inherent bones of both units are very structurally solid, built with great care and precision in 1931. Beautiful carved stucco archways connect both units' hallways and bedrooms. Units also offer laundry areas, recessed lights, high ceilings, outstanding shelf space, abundant storage and a feeling of spaciousness with natural light. Both units have beautiful outdoor space, downstairs has a patio with a patch of grass, ideal to open to the house for a party. The upstairs has an impressive balcony opening up to the formal dining room. The property has an over-sized 2-car garage with lots of space for cars, storage and bikes, to be shared between the occupants. Lots of street parking available.

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Tax History for 129 Park Ave

Assessed Value (2020): $1,326,300
Year Land Value Improved Value Assessed Value
2020 $663,000 $663,300 $1,326,300

Home Value Compared to the Market

This property vs the competition

129 Park Ave sold on September 1, 2022 for 156.41% 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 $774.91 per/sqft which puts the price per square foot 23.39% higher than the current median sale per square foot for the city of Long Beach.

About 129 Park Ave

Detailed summary of property

129 Park Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 5 bedrooms, 3.75 bathrooms, roughly 2,710 living square feet, and sits on an approximately 2,970 square foot lot. 129 Park Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $2,050,000. 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 156.41% higher than the current median priced home. Local homes that are currently for sale include 275 Belmont Avenue, 4501 E 4th St and 10 Redondo Ave. While the average home in Long Beach, CA is selling in 62 days, 129 Park Ave has a days on market of 28 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 129 Park 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 129 Park Ave

Public county record property details
Beds
5
Baths
3
Year built
1931
Sq. Ft.
2,705
Lot Size
2,970
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7256-031-013

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
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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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.