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138 Hermosa Ave, Long Beach, CA 90802
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138 Hermosa Ave Long Beach, CA 90802

$1,050,000
  • 4 Beds
  • 2 Baths
  • 1,920 Sq.Ft.
Pending
$1,050,000 Get Pre-Qualified
Map preview of 138 Hermosa Ave, Long Beach, CA 90802

Property Overview: 138 Hermosa Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,920 living square feet and 1,474 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: Beautiful Classic Spanish Duplex just a few blocks from the beach. Excellent rental area. Two 2 bedroom/1 bath units with laminated and tile flooring. Stove and dishwasher included as well as washer and dryer hookups. Large basement with storage.

Listed by W. Kurt Wood | BRE #00452182 | Belmont Brokerage & Mgmt. INC.
Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 68
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Home details

Lot Sq. Ft
1,474
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
PW21223047
City
Long Beach
County
Los Angeles
Time on Site
952 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: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,831
  • Total Rent: $1,831
  • Pro Forma/Market Rent: $2,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,712
  • Net Operating Income: $24,592
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $20,120
  • Trash: $1
  • Insurance: $1
  • Water/Sewer: $1

Open Houses for 138 Hermosa Ave

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Property Details for 138 Hermosa Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7265020002
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: SOUTH OF 2ND ST., WEST OF CHERRY AVE.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 138 Hermosa Ave

Last leased for $2,850 on September 24th, 2022

  • September, 2022

  • Sep 24, 2022

    Date

    Leased

    CRMLS: PW22187998

    $2,850

    Price

  • Aug 26, 2022

    Date

    Active

    CRMLS: PW22187998

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully updated 2 bedroom, 1 bath upstairs unit including kitchen, bathroom, designer paint, recessed lighting - the works!!! The kitchen is bright and cheerful with new appliances, quartz countertops and fixtures. Bedrooms have been painted, new carpet and built-in closets added. Totally remodeled bathroom with dual sinks, new tub/shower combo, quartz countertops and gorgeous tile backsplash. Inside laundry with washer and dryer included. Central heating and air condition too!!! Wonderful location, close to all the downtown fun, shopping, restaurants and only 2 blocks to the beach!

  • October, 2021

  • Oct 7, 2021

    Date

    Active

    CRMLS: PW21223047

    $1,050,000

    Price

  • April, 2009

  • Apr 14, 2009

    Date

    Sold (Public Records)

    Public Records

    $420,000

    Price

  • November, 2004

  • Nov 12, 2004

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 138 Hermosa Ave

Assessed Value (2020): $494,778
Year Land Value Improved Value Assessed Value
2020 $294,369 $200,409 $494,778

Home Value Compared to the Market

This property vs the competition

138 Hermosa Ave is listed 31.41% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $647 and this home is listed at $546.88 per/sqft which puts the price per square foot 15.48% lower than the median price per square foot for the city of Long Beach.

About 138 Hermosa Ave

Detailed summary of property

138 Hermosa Ave is a multi family located in Long Beach, CA 90802 and is currently in escrow to be sold. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 1,920 living square feet, and sits on an approximately 1,474 square foot lot. 138 Hermosa Ave was first listed on ArdentRealEstateGroup.com on October 7, 2021. The homeowner is currently asking $1,050,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $647. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 31.41% higher than the median priced home. Local competing homes currently for sale include 1890 E 20th St, 1033 Prospect Ave and 2000 Pacific Ave. While the average home in Long Beach, CA is selling in 51 days, 138 Hermosa Ave has a days on market of 68 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 138 Hermosa Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 138 Hermosa Ave

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
1,920
Lot Size
1,474
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7265-020-002

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
130
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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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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