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18 Roswell Ave, Long Beach, CA 90803
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18 Roswell Ave Long Beach, CA 90803

$1,959,750 Sold Price as of 01/06/2022
  • 3 Beds
  • 5 Baths
  • 3,015 Sq.Ft.
Sold
$1,959,750 Sold Price as of 01/06/2022 Refinance Your Mortgage
Map preview of 18 Roswell Ave, Long Beach, CA 90803

Property Overview: 18 Roswell Ave Long Beach, CA has 3 bedrooms, 5 bathrooms, 3,015 living square feet and 4,097 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tremendous opportunity to own this 5-unit building in the very attractive neighborhood of Belmont Shore. 18 Roswell has a unit mix of (3) 1 Bed/ 1 Bath units and (2) studio units. The property features 7 carport parking spaces with one garage space for additional parking - which is a huge plus for tenants who will greatly appreciate the provided amenities and stay longer for it. With a common balcony, tenants can enjoy the cool ocean breeze and have an area to unwind. All units have an abundance of natural light, giving tenants the perfect opportunity to enjoy the ideal beach living environment. This property has communal on-site laundry - which is leased with a portion of the proceeds going to the owner.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Caleb Baldwin | BRE #02056751 | Sage Real Estate
Last checked: 4 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
4,097
HOA Dues
$0/mo
Year built
1968
Garage
1 Car
Property Type:
Apartment
Status
Sold
MLS#
PW21214120
City
Long Beach
County
Los Angeles
Time on Site
1069 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $89,820
  • Net Operating Income: $62,874
  • Gross Operating Income: $89,820
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Virtual Tour

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Property Details for 18 Roswell Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
  • 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: 1
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Carport, Garage Faces Rear
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 7256037034
  • Year Built Source: Appraiser
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: -
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 18 Roswell Ave

Last sold for $1,959,750 on January 6th, 2022

  • November, 2021

  • Nov 3, 2021

    Date

    Active Under Contract

    CRMLS: PW21214120

    $1,959,750

    Price

  • January, 1989

  • Jan 20, 1989

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 18 Roswell Ave

Assessed Value (2020): $166,863
Year Land Value Improved Value Assessed Value
2020 $97,901 $68,962 $166,863

Home Value Compared to the Market

This property vs the competition

18 Roswell Ave sold on January 6, 2022 for 139.29% 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 $650 per/sqft which puts the price per square foot 3.5% higher than the current median sale per square foot for the city of Long Beach.

About 18 Roswell Ave

Detailed summary of property

18 Roswell Ave is a apartment that recently sold in Long Beach, CA 90803. This apartment offered 3 bedrooms, 5 bathrooms, roughly 3,015 living square feet, and sits on an approximately 4,097 square foot lot. 18 Roswell Ave was first listed on ArdentRealEstateGroup.com on October 16, 2021. The homeowner sold the property for $1,959,750. 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 139.29% higher than the current median priced home. Local homes that are currently for sale include 32 Glendora Ave, 5113 E The Toledo and 4501 E 4th St. While the average home in Long Beach, CA is selling in 62 days, 18 Roswell Ave has a days on market of 13 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 18 Roswell 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 18 Roswell Ave

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
2,239
Lot Size
4,125
Stories
1
Type
Motel
Pool
No
Spa
No
County
Los Angeles
Lot#
9,10
APN
7256-037-034

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%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 18 Roswell 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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