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142 Covina Ave, Long Beach, CA 90803
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142 Covina Ave Long Beach, CA 90803

$1,310,000 Sold Price as of 05/12/2020
  • 4 Beds
  • 3 Baths
  • 2,000 Sq.Ft.
Sold
$1,310,000 Sold Price as of 05/12/2020 Refinance Your Mortgage
Map preview of 142 Covina Ave, Long Beach, CA 90803

Property Overview: 142 Covina Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 2,000 living square feet and 2,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Premier opportunity to own a Spanish Style Duplex that is located just 2 blocks to the Beach in a prime Belmont Shore location. Maintaining its original character, yet upgraded with newer classic touches, this duplex provides a multitude of options for an owner user, straight investor or to use the downstairs unit as an in-laws quarters/office. Upstairs unit is vacant and available to move right in or rent out. Downstairs unit currently rented to fantastic tenants. Upstairs unit has 2 Bedrooms, 2 Baths with a Master Bedroom retreat, Large Living Room, Dining Area, Remodeled Kitchen with Stainless Steel Appliances and Remodeled Bathrooms. Enjoy your own private deck with separate entrance, a storage closet and a perfect place for outdoor BBQ's and entertaining. The Downstairs Unit has 2 Bedrooms, 1 Bath and features original Hardwood Floors Throughout, Large Living Room, Dining Area, Kitchen and a spacious laundry/utility room. Downstairs unit has direct front access with a nice front yard and curb appeal. Recent upgrades include Newer AC and Heat, Newer Milgard Tuscany Windows and Newer Appliances. Two-car garage with additional laundry facility and plenty of storage room. Prime location and a fantastic investment opportunity, just steps to all the eclectic shops and restaurants in Belmont Shores.

Listed by Sean Grange | BRE #01343165 | Compass
Last checked: 15 minutes ago | Last updated: September 15th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
2,400
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC20054460
City
Long Beach
County
Los Angeles
Time on Site
1531 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,325
  • Total Rent: $2,325
  • Pro Forma/Market Rent: $2,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $48,180
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,820
  • New Taxes: $15,500
  • Trash: $520
  • Insurance: $1,800

Property Details for 142 Covina Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage, Individual Room
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: 2
Lot Information
  • Lot Features: Level with Street, Near Public Transit
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7247007021
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: 2nd Street. Head south on Covina Ave. Property is before Division on the Left Side
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 142 Covina Ave

Last leased for $3,000 on September 14th, 2022

  • September, 2022

  • Sep 14, 2022

    Date

    Leased

    CRMLS: IG22185110

    $3,000

    Price

  • Aug 23, 2022

    Date

    Active

    CRMLS: IG22185110

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home- Spanish style 2 bedroom, 2 bathroom 2nd story (upstairs) home in the heart of Belmont Shore- just a few steps from 2nd street and 2 blocks from the beach! This bright and airy home has been moderately updated throughout, yet keeping its original charm. Primary bedroom offers his and her vanity and a walk in shower. The kitchen offers stainless steel appliances and direct access to a generous sized outdoor deck that provides the perfect space for outdoor entertaining. For maximum convenience the stackable laundry closet is located on deck. 1 car garage with ample room for storage. Rent includes: landscaping, water, trash & sewer. NO PETS PLEASE!

  • February, 2022

  • Feb 4, 2022

    Date

    Coming Soon

    CRMLS: IG22022459

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Welcome home- Spanish style 2 bedroom, 1 bath ground floor home in the heart of Belmont Shore- just a few steps from 2nd street and 2 blocks from the beach! This home features original hardwood floors throughout, living room, dining area, adorable bright kitchen and a generous laundry room. Enjoy direct front access with a nice front yard and cozy porch. Moderately updated, yet keeping it's original charm, the home has been recently painted, and new appliances will be installed prior to move in(refrigerator, washer & dryer). Rent includes: landscaping, water, trash & sewer. NO PETS PLEASE!

  • May, 2020

  • May 12, 2020

    Date

    Sold

    CRMLS: OC20054488

    $1,310,000

    Price

  • Apr 21, 2020

    Date

    Pending

    CRMLS: OC20054488

    $1,380,000

    Price

  • Apr 6, 2020

    Date

    Active

    CRMLS: OC20054488

    $1,380,000

    Price

  • Mar 20, 2020

    Date

    Hold

    CRMLS: OC20054488

    $1,380,000

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: OC20054488

    $1,380,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2020

  • May 12, 2020

    Date

    Sold

    CRMLS: OC20054460

    $1,310,000

    Price

  • Apr 21, 2020

    Date

    Pending

    CRMLS: OC20054460

    $1,380,000

    Price

  • Apr 6, 2020

    Date

    Active

    CRMLS: OC20054460

    $1,380,000

    Price

  • Mar 20, 2020

    Date

    Hold

    CRMLS: OC20054460

    $1,380,000

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: OC20054460

    $1,380,000

    Price

  • May, 2020

  • May 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,310,000

    Price

  • October, 2018

  • Oct 5, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2018

  • Jul 10, 2018

    Date

    Sold

    CRMLS: PW18115419

    $1,300,000

    Price

  • May 26, 2018

    Date

    Active Under Contract

    CRMLS: PW18115419

    $1,325,000

    Price

  • May 16, 2018

    Date

    Active

    CRMLS: PW18115419

    $1,325,000

    Price

  • Listing provided courtesy of CRMLS

    Stunning Spanish Duplex that Sits Just 2 Blocks from the Beach in a PRIME Belmont Shore location. This Duplex Exudes Tons of Charm and Character with a 2 Bedroom, 2 Bathroom Upstairs Owners Unit and a 2 Bedroom, 1 Bathroom Downstairs Unit. The Owners Unit Features Coved Ceilings, Master Bedroom Retreat, Large Living Room, Dining Area, Remodeled Kitchen with Stainless Steel Appliances, Remodeled Bathrooms, and a Private Entertaining Deck with a Large Storage Closet. The Downstairs Unit Features Coved Ceilings, Hardwood Floors Throughout, Large Living Room, Dining Area, Kitchen, Large Laundry/Utility Room, and Quaint Front Patio and Yard. Recent Upgrades Include New AC and Heat, New Milgard Tuscany Windows and New Appliances Throughout. This property is Absolutely Stunning both Inside and Out! Additionally there is a 2-Car Garage and Located just Steps to the Fine Dining and Boutique Shopping on 2nd St.

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Tax History for 142 Covina Ave

Assessed Value (2020): $1,326,000
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $306,000 $1,326,000

Home Value Compared to the Market

This property vs the competition

142 Covina Ave sold on May 12, 2020 for 68.5% 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 $690 per/sqft which puts the price per square foot 9.87% higher than the current median sale per square foot for the city of Long Beach.

About 142 Covina Ave

Detailed summary of property

142 Covina Ave is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 4 bedrooms, 3 bathrooms, roughly 2,000 living square feet, and sits on an approximately 2,400 square foot lot. 142 Covina Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,310,000. 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 68.5% higher than the current median priced home. Local homes that are currently for sale include 4134 E Jacinto Way, 528 Cherry Ave and 1120 Stanley Ave. While the average home in Long Beach, CA is selling in 62 days, 142 Covina Ave has a days on market of 22 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 142 Covina 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 142 Covina Ave

Public county record property details
Beds
4
Baths
2
Year built
1929
Sq. Ft.
1,992
Lot Size
2,399
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
7247-007-021

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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Recently Sold Homes Near 142 Covina Ave

119 Covina Ave, Long Beach, CA 90803
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3 Baths
2004 Sq.Ft.
119 Covina Ave
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151 Glendora Ave, Long Beach, CA 90803
$1,210,000 Last Sold Price
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151 Glendora Ave
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177 Covina Ave, Long Beach, CA 90803
$1,430,000 Last Sold Price
5 Beds
2 Baths
2032 Sq.Ft.
177 Covina Ave
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122 Nieto Ave, Long Beach, CA 90803
$1,880,000 Last Sold Price
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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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