1367 Alamitos Ave, Long Beach, CA 90813
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1367 Alamitos Ave Long Beach, CA 90813

$1,090,000
  • 4 Beds
  • 2 Baths
  • 1,890 Sq.Ft.
For Sale
$1,090,000 Get Pre-Qualified

Map preview of 1367 Alamitos Ave, Long Beach, CA 90813

Property Overview: 1367 Alamitos Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,890 living square feet and 7,218 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.

Agent Remarks: DUPLEX - 2 UNITS-Fantastic opportunity downtown Long beach duplex, oversized corner lot. 8 parking spaces, plus 2 car garage. Ideal for owner occupant or developer Investor's delight looking for big piece of land and income nearby the magnificent Pacific Ocean Alamitos Beach

Listed by Melba Conde | BRE #00795595 | Vylla Home, Inc.
Last checked: 3 minutes ago | Last updated: February 29th, 2024 | Source CRMLS | DOM: 224
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Home details

Lot Sq. Ft
7,218
HOA Dues
$0/mo
Year built
1936
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
PW23166678
City
Long Beach
County
Los Angeles
Time on Site
237 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 0
  • Garage Spaces: 8
  • Garaged Attached? No
  • Actual Rent: $470
  • Total Rent: $470
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,650
  • Net Operating Income: $60,200
  • Gross Operating Income: --
  • # of Rented Garages: 10
  • Garage Rental Rate: $120
  • Garage Rental Income: $1,200
  • Other Income Description: garage $250, $120 x 8 =960 pro
Annual Expense Breakdown
  • Total Operating Expense: $1,450
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $120
  • Insurance: $950
  • Water/Sewer: $1,440

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Property Details for 1367 Alamitos Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 10
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: 7268017018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: West on Ocean Blvd./ right on Alamitos Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 1367 Alamitos Ave

Last sold for $578,000 on August 15th, 2018
  • September, 2023

  • Sep 6, 2023

    Date

    Active

    CRMLS: PW23166678

    $1,100,000

    Price

  • April, 2023

  • Apr 21, 2023

    Date

    Expired

    CRMLS: PW22238455

    $1,079,000

    Price

  • Nov 8, 2022

    Date

    Active

    CRMLS: PW22238455

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity duplex, yes big lot, with new roof, floors, baths, kitchen, big corner lot with parking for 8 cars, plus 2 car garage, ideal for owner occupant, or big Family, 3 bedrooms and 1 bedroom units. near Ocean Blvd. schools, transportation, shops in beautiful Downtown Long Beach, yes Alamitos Beach, Investors delight Area, first time buyers can buydown your rate

  • August, 2018

  • Aug 18, 2018

    Date

    Sold

    CRMLS: PW18156772

    $578,000

    Price

  • Jul 20, 2018

    Date

    Pending

    CRMLS: PW18156772

    $530,888

    Price

  • Jun 29, 2018

    Date

    Active

    CRMLS: PW18156772

    $530,888

    Price

  • Listing provided courtesy of CRMLS

    Updated Downtown duplex on a huge lot. The upstairs unit is 3 bedrooms, remodeled in 2010. The downstairs unit is 1 bedroom, remodeled in 2014. Kitchen includes granite counters and custom cabinetry. Wood floors throughout both units. The ~7300 sqft lot can fit up to 13 cars, not including the generously sized 2 car garage, currently rented to the downstairs tenant. To generate additional income, the new owner may consider renting parking spots on the property to help cash flow!

  • August, 2018

  • Aug 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $578,000

    Price

  • November, 2014

  • Nov 26, 2014

    Date

    Sold (Public Records)

    Public Records

    $389,000

    Price

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Tax History for 1367 Alamitos Ave

Assessed Value (2020): $589,880
Year Land Value Improved Value Assessed Value
2020 $306,000 $283,880 $589,880

Home Value Compared to the Market

This property vs the competition

1367 Alamitos Ave is listed 36.27% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $637 and this home is listed at $576.72 per/sqft which puts the price per square foot 9.46% lower than the median price per square foot for the city of Long Beach.

About 1367 Alamitos Ave

Detailed summary of property

1367 Alamitos Ave is a duplex located in Long Beach, CA 90813 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 1,890 living square feet, and sits on an approximately 7,218 square foot lot. 1367 Alamitos Ave was first listed on ArdentRealEstateGroup.com on September 6, 2023. The homeowner is currently asking $1,090,000 and was originally asking $1,100,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $637. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 36.27% higher than the median priced home. Local competing homes currently for sale include 1044 Cedar Ave, 2000 Pacific Ave and 2100 Pine Ave. While the average home in Long Beach, CA is selling in 54 days, 1367 Alamitos Ave has a days on market of 224 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 1367 Alamitos Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1367 Alamitos Ave

Public county record property details
Beds
3
Baths
3
Year built
1936
Sq. Ft.
1,890
Lot Size
7,233
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7268-017-018

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
28
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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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.