20 Nieto Ave, Long Beach, CA 90803
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20 Nieto Ave Long Beach, CA 90803

$1,260,000 Sold Price as of 12/02/2020
  • 4 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$1,260,000 Sold Price as of 12/02/2020 Refinance Your Mortgage

Map preview of 20 Nieto Ave, Long Beach, CA 90803

Property Overview: 20 Nieto Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, -- living square feet and 2,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A rare find in Belmont Shore. Just steps from the sand sits this charming duplex with 5 garages. Yes, 5 garages. Belmont Shore is the jewel of Long Beach and rentals are in high demand from both tenants and investors making it a prime area to be a landlord, or owner occupant. Recent rates (July 17, 2020) for owner occupied is 3.375%. Live in the upper and rent the lower unit to help with the payment. Upper has large deck & extra detached room. Ocean view from living room of the upper unit. Fantastic walk-ability factor to shops, dining, entertainment, beaches, parks, and water-sports. Property is 2 - 2 bedroom 1 bath units. The lower rents with one garage & the upper unit rents currently with 2 garage spaces. One garage is rented out at $150 and the owners use one of them as well. Lower unit is photographed and is in great condition with original hardwood floors. Separate electric and gas meters. Laundry room with owned equipment. Owners only pay water. Area is not as parking impacted as it is closer to Ocean than to 2nd St, so parking is much less of an issue for visitors to the property. Location, location, location! *Information provided is believed to be accurate, but shall not be relied upon without verification by Buyer or Buyer’s Representative. Accuracy of square footage, lot size, and other features, amenities and/or other details are not limited to inclusions and exclusions is not guaranteed. *

Listed by Cathy Lyn Brooks | BRE #00797147 | United Real Estate Professionals
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
2,140
HOA Dues
$0/mo
Year built
1947
Garage
5 Car
Property Type:
Duplex
Status
Sold
MLS#
PW20142907
City
Long Beach
County
Los Angeles
Time on Site
1396 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,475
  • Total Rent: $2,475
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,688
  • Net Operating Income: $0
  • Gross Operating Income: --
  • Laundry Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $1,400
  • Water/Sewer: $516

Property Details for 20 Nieto Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Awning(s)
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7247023010
  • Year Built Source: Public Records
  • Architectural Style: Traditional
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: Ocean Blvd to Division to Nieto or 2nd St to Nieto. Nieto is one way toward Ocean.
Neighborhood Information
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 20 Nieto Ave

Last sold for $1,260,000 on December 2nd, 2020
  • December, 2020

  • Dec 2, 2020

    Date

    Sold

    CRMLS: PW20142907

    $1,260,000

    Price

  • Nov 12, 2020

    Date

    Pending

    CRMLS: PW20142907

    $1,275,000

    Price

  • Oct 17, 2020

    Date

    Active Under Contract

    CRMLS: PW20142907

    $1,275,000

    Price

  • Aug 26, 2020

    Date

    Price Change

    CRMLS: PW20142907

    $1,275,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: PW20142907

    $1,325,000

    Price

  • December, 2020

  • Dec 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,260,000

    Price

  • July, 2009

  • Jul 7, 2009

    Date

    Sold (Public Records)

    Public Records

    $710,000

    Price

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Tax History for 20 Nieto Ave

Assessed Value (2020): $837,999
Year Land Value Improved Value Assessed Value
2020 $708,173 $129,826 $837,999

Home Value Compared to the Market

This property vs the competition

20 Nieto Ave sold on December 2, 2020 for 59.38% higher than the current median sold price for the city of Long Beach which is $800,000.

About 20 Nieto Ave

Detailed summary of property

20 Nieto Ave is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 4 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 2,140 square foot lot. 20 Nieto Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,260,000. 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, 1971 Locust Ave and 2175 Earl Ave. While the average home in Long Beach, CA is selling in 51 days, 20 Nieto Ave has a days on market of 73 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 20 Nieto 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 20 Nieto Ave

Public county record property details
Beds
4
Baths
2
Year built
1947
Sq. Ft.
1,536
Lot Size
2,140
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
7247-023-010

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
$1,499,980
Median List Price/Sq.Ft.
$856
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
113
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%)

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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.