207 Loma Ave, Long Beach, CA 90803
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207 Loma Ave Long Beach, CA 90803

$1,200,000 Sold Price as of 02/23/2021
  • 5 Beds
  • 4 Baths
  • 1,600 Sq.Ft.
Sold
$1,200,000 Sold Price as of 02/23/2021 Refinance Your Mortgage

Map preview of 207 Loma Ave, Long Beach, CA 90803

Property Overview: 207 Loma Ave Long Beach, CA has 5 bedrooms, 4 bathrooms, 1,600 living square feet and 2,161 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remodeled Triplex in highly desirable Belmont Heights and Bluff Park area. The owner's unit is a gorgeous 3 bed, 2 bath with sliding glass door from the cozy family room to the perfect courtyard for enjoyment and relaxation. 2 charming 1 bed, 1 bath units with a balcony overlooking the courtyard and neighborhood. Awesome location that is only 2 blocks from the beach, Bluff Park itself, and even the same distance to 2nd Street of Belmont Shore. Permits pulled for the the remodel include electrical, plumbing, mechanical, stucco, and windows. Highly sought wood framed windows installed brand new per historic district preservation guidelines. Live in 1 unit and rent the others to significantly supplement your mortgage or use this entire cash cow rent them all for income! Simple but elegant and well-manicured landscaping. Enjoy all this property has to offer in this great location!

Listed by Bret Lewis | BRE #01872524 | Bret Lewis, Broker
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
2,161
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
PW20233571
City
Long Beach
County
Los Angeles
Time on Site
1414 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $90,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 207 Loma Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Interior Features
  • Ceiling Fan(s), Living Room Balcony, Recessed Lighting
  • Window Features: Wood Frames
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Landscaped, Yard
  • Lot Size Source: Estimated
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7264002031
  • Year Built Source: Assessor
  • Property is not 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: Bluff Park (BLF)
  • Directions: Ocean & Redondo: Head East on Ocean, North on Loma
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 207 Loma Ave

Last sold for $1,200,000 on February 23rd, 2021
  • February, 2021

  • Feb 24, 2021

    Date

    Sold

    CRMLS: PW20233571

    $1,200,000

    Price

  • Feb 3, 2021

    Date

    Pending

    CRMLS: PW20233571

    $1,249,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: PW20233571

    $1,249,000

    Price

  • Dec 14, 2020

    Date

    Pending

    CRMLS: PW20233571

    $1,249,000

    Price

  • Dec 10, 2020

    Date

    Price Change

    CRMLS: PW20233571

    $1,249,000

    Price

  • Nov 5, 2020

    Date

    Active

    CRMLS: PW20233571

    $1,299,000

    Price

  • February, 2021

  • Feb 23, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

  • December, 2019

  • Dec 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $870,000

    Price

  • December, 2019

  • Dec 21, 2019

    Date

    Sold

    CRMLS: SB19259554

    $870,000

    Price

  • Nov 22, 2019

    Date

    Pending

    CRMLS: SB19259554

    $995,999

    Price

  • Nov 7, 2019

    Date

    Active

    CRMLS: SB19259554

    $995,999

    Price

  • Listing provided courtesy of CRMLS

    Must see fixer opportunity in beautiful Belmont Heights. This triplex is conveniently located several blocks from the beach. The two units upstairs have been taken down to the framing. The downstairs unit has some exposed framing and includes the converted garage and extra bathroom (the two-car converted garage and bathroom may or may not be permitted, buyer to verify whether or not there are any permits for the entire building and lot). Per the tax record all three units; 207, 209 & 211 are 1,482 sq. ft. BTV sq ft). Remodeled this triplex offers strong income potential.

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Tax History for 207 Loma Ave

Assessed Value (2020): $870,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $270,000 $870,000

Home Value Compared to the Market

This property vs the competition

207 Loma Ave sold on February 23, 2021 for 52.5% 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 $780.63 per/sqft which puts the price per square foot 24.3% higher than the current median sale per square foot for the city of Long Beach.

About 207 Loma Ave

Detailed summary of property

207 Loma Ave is a apartment that recently sold in Long Beach, CA 90803. This apartment offered 5 bedrooms, 4 bathrooms, roughly 1,600 living square feet, and sits on an approximately 2,161 square foot lot. 207 Loma Ave was first listed on ArdentRealEstateGroup.com on November 6, 2020. The homeowner sold the property for $1,200,000. 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 52.5% higher than the current median priced home. Local homes that are currently for sale include 1122 Cherry Ave, 2030 E Spaulding Way and 1509 N Stanton Pl. While the average home in Long Beach, CA is selling in 62 days, 207 Loma Ave has a days on market of 39 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 207 Loma 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 207 Loma Ave

Public county record property details
Beds
3
Baths
3
Year built
1923
Sq. Ft.
1,482
Lot Size
2,161
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
7264-002-031

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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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.