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130 Prospect Ave, Long Beach, CA 90803
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130 Prospect Ave Long Beach, CA 90803

$1,256,000 Sold Price as of 12/15/2023
  • 3 Beds
  • 2 Baths
  • 1,672 Sq.Ft.
Sold
$1,256,000 Sold Price as of 12/15/2023 Refinance Your Mortgage
Map preview of 130 Prospect Ave, Long Beach, CA 90803

Property Overview: 130 Prospect Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,672 living square feet and 3,160 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Discover the best of coastal living with this exceptional Belmont Shores duplex, ideally situated less than 2 blocks from the beautiful beach. This unique property offers an incredible opportunity for both homeowners and investors, providing the perfect blend of location, convenience, and potential. This duplex presents an enticing investment opportunity, with the potential to increase your property's value through the addition of an Accessory Dwelling Unit (ADU). Whether you're a savvy investor or a homeowner looking to maximize your space, this property has the flexibility you need. This duplex is a diamond in the rough, ready to be transformed into a gem. With a little updating and some TLC, it has the potential to become a welcoming, stylish, and valuable property. Belmont Shore provides a relaxed and beach-centric lifestyle with a strong sense of community. It's an attractive place to call home for those who appreciate coastal living, a walkable neighborhood, and a variety of amenities and activities.

Listed by Callum Moloney | BRE #02060968 | Douglas Elliman of California
Last checked: 5 minutes ago | Last updated: December 15th, 2023 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
3,160
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
OC23199326
City
Long Beach
County
Los Angeles
Time on Site
329 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $49,200
  • Gross Operating Income: $49,200
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • Electric: $90
  • Gas/Fuel: $0
  • New Taxes: $250
  • Trash: $0
  • Insurance: $300
  • Water/Sewer: $56

Property Details for 130 Prospect Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Flooring: Carpet, Tile, Wood
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Tile
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7256029003
  • Year Built Source: Public Records
  • Architectural Style: Spanish
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Fixer, Repairs Cosmetic
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 Shore (BSD)
  • Directions: Follow directions on GPS
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 130 Prospect Ave

Last sold for $1,256,000 on December 15th, 2023

  • December, 2023

  • Dec 15, 2023

    Date

    Sold

    CRMLS: OC23199326

    $1,256,000

    Price

  • Oct 26, 2023

    Date

    Active

    CRMLS: OC23199326

    $1,400,000

    Price

Tax History for 130 Prospect Ave

Assessed Value (2020): $410,869
Year Land Value Improved Value Assessed Value
2020 $246,346 $164,523 $410,869

Home Value Compared to the Market

This property vs the competition

130 Prospect Ave sold on December 15, 2023 for 58.73% 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 $777.51 per/sqft which puts the price per square foot 23.81% higher than the current median sale per square foot for the city of Long Beach.

About 130 Prospect Ave

Detailed summary of property

130 Prospect Ave is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,672 living square feet, and sits on an approximately 3,160 square foot lot. 130 Prospect Ave was first listed on ArdentRealEstateGroup.com on October 26, 2023. The homeowner sold the property for $1,256,000. 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 58.73% higher than the current median priced home. Local homes that are currently for sale include 1640 E Erie St, 1120 Stanley Ave and 436 Gaviota Ave. While the average home in Long Beach, CA is selling in 62 days, 130 Prospect Ave has a days on market of 25 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 130 Prospect 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 130 Prospect Ave

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,672
Lot Size
3,159
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7256-029-003

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%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

Homes for Sale Near 130 Prospect Ave

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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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