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162 Park Ave, Long Beach, CA 90803
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162 Park Ave Long Beach, CA 90803

$1,218,000 Sold Price as of 03/20/2020
  • 4 Beds
  • 2 Baths
  • 2,152 Sq.Ft.
Sold
$1,218,000 Sold Price as of 03/20/2020 Refinance Your Mortgage
Map preview of 162 Park Ave, Long Beach, CA 90803

Property Overview: 162 Park Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 2,152 living square feet and 2,889 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderfully situated in the heart of Belmont Shore, this Spanish style inspired duplex is only a few blocks from the beach, great restaurants, trendy shops,boutiques & more! West of 2nd St., it’s a desirable place for a homeowner or investor! Each unit has been remodeled, the upstairs unit has 2 bedrooms, 1 bath, hardwood floors, newer paint, ceiling fans throughout, and great ocean breezes with the open floor plan. The downstairs unit has 2 bedrooms, 1 bath, hardwood floors, newer paint ceiling fans throughout and has been remodeled with open floor plan. The duplex includes 2 single garages. There is plenty of storage and great closet space. The laundry area is conveniently located right off each kitchen, and both units can enjoy the wonderful, enclosed gated backyard for relaxing, or entertaining or barbecues. What a great Belmont Shore lifestyle,,! Don’t miss your chance to own this terrific property!

Listed by Devra Zandell | BRE #01418217 | Re/Max Estate Properties
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
2,889
HOA Dues
$0/mo
Year built
1936
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB20023578
City
Long Beach
County
Los Angeles
Time on Site
1408 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,400
  • Net Operating Income: $50,328
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,072
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $672
  • Gardener: $1,200
  • Insurance: $3,528
  • Water/Sewer: $672

Property Details for 162 Park Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Stackable
Room Information
  • Flooring: Wood
  • Kitchen, Library, Master Bedroom
Interior Features
  • Balcony, Ceiling Fan(s), Living Room Balcony, Open Floorplan
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
  • Parking Features: Driveway, Garage, Street
Lot Information
  • Lot Features: Back Yard, Lawn, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7247001013
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: BETWEEN 2ND & OCEAN BLVD
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 162 Park Ave

Last sold for $1,218,000 on March 20th, 2020

  • March, 2020

  • Mar 20, 2020

    Date

    Sold

    CRMLS: SB20023578

    $1,218,000

    Price

  • Mar 1, 2020

    Date

    Active Under Contract

    CRMLS: SB20023578

    $1,215,000

    Price

  • Feb 18, 2020

    Date

    Active

    CRMLS: SB20023578

    $1,215,000

    Price

  • Feb 13, 2020

    Date

    Active Under Contract

    CRMLS: SB20023578

    $1,215,000

    Price

  • Feb 5, 2020

    Date

    Active

    CRMLS: SB20023578

    $1,215,000

    Price

  • March, 2020

  • Mar 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,218,000

    Price

  • December, 2012

  • Dec 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $709,000

    Price

Show More

Tax History for 162 Park Ave

Assessed Value (2020): $798,317
Year Land Value Improved Value Assessed Value
2020 $534,840 $263,477 $798,317

Home Value Compared to the Market

This property vs the competition

162 Park Ave sold on March 20, 2020 for 51.88% 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 $564.59 per/sqft which puts the price per square foot 10.67% lower than the current median sale per square foot for the city of Long Beach.

About 162 Park Ave

Detailed summary of property

162 Park Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,152 living square feet, and sits on an approximately 2,889 square foot lot. 162 Park Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,218,000. 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 51.88% higher than the current median priced home. Local homes that are currently for sale include 1148 E Arcadia Court, 930 E 11th St and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 51 days, 162 Park Ave has a days on market of 24 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 162 Park 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 162 Park Ave

Public county record property details
Beds
4
Baths
2
Year built
1936
Sq. Ft.
2,152
Lot Size
2,889
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
7247-001-013

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
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
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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(714) 706-1823

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Recently Sold Homes Near 162 Park Ave

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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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