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1365 Newport Ave Long Beach, CA 90804
$3,240,000
- 17 Beds
- 17 Baths
- 8,598 Sq.Ft.
For Sale
Property Overview: 1365 Newport Ave Long Beach, CA has 17 bedrooms, 17 bathrooms, 8,598 living square feet and 5,991 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.
Listed by Kristina Moore | BRE #01926377 | The Moore Group
Last checked: 13 minutes ago |
Last updated: April 19th, 2024 |
Source CRMLS |
DOM: 88
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Home details
- Lot Sq. Ft
- 5,991
- HOA Dues
- $0/mo
- Year built
- 1987
- Garage
- 14 Car
- Property Type:
- Apartment
- Status
- Active
- MLS#
- PW24017480
- City
- Long Beach
- County
- Los Angeles
- Time on Site
- 91 days
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Multi-Family Unit Breakdown
Unit Mix Summary
- Total # of Units: 9
- Total # of Buildings: 1
- # of Leased Units: 9
- # of Electric Meters: 9
- # of Gas Meters: 9
- # of Water Meters: 1
Unit Breakdown 1
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 2
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,150
- Total Rent: $2,150
- Pro Forma/Market Rent: $2,322
Unit Breakdown 2
- # of Units: 1
- # of Beds: 1
- # of Baths: 1
- Garage Spaces: 1
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $1,581
- Total Rent: $1,581
- Pro Forma/Market Rent: $1,707
Unit Breakdown 3
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 1
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,150
- Total Rent: $2,150
- Pro Forma/Market Rent: $2,322
Unit Breakdown 4
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 1
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,250
- Total Rent: $2,250
- Pro Forma/Market Rent: $2,430
Unit Breakdown 5
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 2
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,000
- Total Rent: $2,000
- Pro Forma/Market Rent: $2,160
Unit Breakdown 6
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 2
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,150
- Total Rent: $2,150
- Pro Forma/Market Rent: $2,322
Unit Breakdown 7
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 2
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,095
- Total Rent: $2,095
- Pro Forma/Market Rent: $2,263
Unit Breakdown 8
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 2
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $2,250
- Total Rent: $2,250
- Pro Forma/Market Rent: $2,430
Unit Breakdown 9
- # of Units: 1
- # of Beds: 2
- # of Baths: 2
- Garage Spaces: 1
- Garaged Attached? No
- Furnishing: Unfurnished
- Actual Rent: $1,919
- Total Rent: $1,919
- Pro Forma/Market Rent: $2,073
Multi-Family Income/Expense Information
Property Income and Analysis
- Cap Rate: 4.39%
- Gross Rent Multiplier: 15.5
- Gross Scheduled Income: $220,540
- Net Operating Income: $151,327
- Gross Operating Income: --
- Garage Rental Rate: $0
- Garage Rental Income: $0
Annual Expense Breakdown
- Total Operating Expense: $71,213
- Electric: $0
- Gas/Fuel: $0
- Licenses: $548
- Furniture Replacement: $0
- Trash: $0
- Cable TV: $0
- Gardener: $2,400
- Insurance: $2,732
- Professional Management: $0
- Water/Sewer: $2,372
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Property Details for 1365 Newport Ave
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Sale History for 1365 Newport Ave
Last sold for $477,033 on April 2nd, 1997
-
January, 2024
-
Jan 31, 2024
Date
Active
CRMLS: PW24017480
$3,420,000
Price
-
April, 1997
-
Apr 2, 1997
Date
Sold (Public Records)
Public Records
$477,033
Price
-
March, 1995
-
Mar 23, 1995
Date
Sold (Public Records)
Public Records
--
Price
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Tax History for 1365 Newport Ave
Assessed Value (2020):
$476,535
| Year | Land Value | Improved Value | Assessed Value |
|---|---|---|---|
| 2020 | $111,679 | $364,856 | $476,535 |
Home Value Compared to the Market
This property vs the competition
About 1365 Newport Ave
Detailed summary of property
Public Facts for 1365 Newport Ave
Public county record property details
- Beds
- 18
- Baths
- 18
- Year built
- 1987
- Sq. Ft.
- 8,598
- Lot Size
- 5,990
- Stories
- --
- Type
- Apartment House (5+ Units)
- Pool
- No
- Spa
- No
- County
- Los Angeles
- Lot#
- 20,21
- APN
- 7259-010-024
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
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$642,000
Median Sold Price/Sq.Ft.
$584
Total Inventory
45
Median Sale to List Price %
95.82%
Avg Days on Market
25
Loan Type
Conventional (83.33%), FHA (0%), VA (0%), Cash (0%), Other (16.67%)
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Long Beach Agent
Call, Text or Message
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Call/Text (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.