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162 N Loreta Walk, Long Beach, CA 90803
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162 N Loreta Walk Long Beach, CA 90803

$1,258,000 Sold Price as of 06/04/2021
  • 4 Beds
  • 2 Baths
  • 1,970 Sq.Ft.
Sold
$1,258,000 Sold Price as of 06/04/2021 Refinance Your Mortgage
Map preview of 162 N Loreta Walk, Long Beach, CA 90803

Property Overview: 162 N Loreta Walk Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,970 living square feet and 2,422 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Spanish style duplex just off Naples Plaza features two bedrooms and one bath in each unit. Duplex is a great way to make Naples home while living in one unit and leasing out the other. A Duplex, especially in such a wonderful community, is also a great investment. They each have a formal dining room off the kitchen and a good sized living room. Downstairs unit takes advantage of a front patio while the upstairs unit has its own private patio off the kitchen. Laundry is in the kitchen and there is both a two car garage and a single car garage so each unit can have a place for their car and/or storage. A decorative fireplace sits in the living room. This home welcomes someone new.

Listed by Crystal Glenning | BRE #01805409 | Compass
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
2,422
HOA Dues
$0/mo
Year built
1930
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21046222
City
Long Beach
County
Los Angeles
Time on Site
1143 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $23,400
  • Net Operating Income: $28,800
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $15,950
  • Trash: $0
  • Insurance: $3,500
  • Water/Sewer: $1,200

Virtual Tour

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Property Details for 162 N Loreta Walk

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Walkstreet, Zero Lot Line
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7243011010
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: None
  • Offered With Property: Downstairs units stove, washer/dryer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Naples (NA)
  • Directions: From 2nd Street vere off onto Naples Plaza and go right on Loreta
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Watersports, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 162 N Loreta Walk

Last sold for $1,258,000 on June 4th, 2021

  • June, 2021

  • Jun 5, 2021

    Date

    Sold

    CRMLS: PW21046222

    $1,258,000

    Price

  • Jun 1, 2021

    Date

    Pending

    CRMLS: PW21046222

    $1,275,000

    Price

  • Apr 3, 2021

    Date

    Active Under Contract

    CRMLS: PW21046222

    $1,275,000

    Price

  • Mar 26, 2021

    Date

    Active

    CRMLS: PW21046222

    $1,275,000

    Price

  • Mar 22, 2021

    Date

    Hold

    CRMLS: PW21046222

    $1,275,000

    Price

  • Mar 5, 2021

    Date

    Coming Soon

    CRMLS: PW21046222

    $1,275,000

    Price

Tax History for 162 N Loreta Walk

Assessed Value (2020): $525,039
Year Land Value Improved Value Assessed Value
2020 $308,850 $216,189 $525,039

Home Value Compared to the Market

This property vs the competition

162 N Loreta Walk sold on June 4, 2021 for 59.38% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $647.21 per/sqft which puts the price per square foot 2.41% higher than the current median sale per square foot for the city of Long Beach.

About 162 N Loreta Walk

Detailed summary of property

162 N Loreta Walk is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,970 living square feet, and sits on an approximately 2,422 square foot lot. 162 N Loreta Walk was first listed on ArdentRealEstateGroup.com on March 26, 2021. The homeowner sold the property for $1,258,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 59.38% higher than the current median priced home. Local homes that are currently for sale include 1044 Cedar Ave, 7020 Schroll St and 1971 Locust Ave. While the average home in Long Beach, CA is selling in 51 days, 162 N Loreta Walk has a days on market of 7 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 162 N Loreta Walk 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 162 N Loreta Walk

Public county record property details
Beds
2
Baths
1
Year built
1930
Sq. Ft.
1,970
Lot Size
2,421
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7243-011-010

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
$1,499,000
Median List Price/Sq.Ft.
$840
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
111
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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.

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