208 Park Ave, Long Beach, CA 90803
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208 Park Ave Long Beach, CA 90803

$1,825,000
  • 4 Beds
  • 4 Baths
  • 3,046 Sq.Ft.
For Sale
$1,825,000 Get Pre-Qualified

Map preview of 208 Park Ave, Long Beach, CA 90803

Property Overview: 208 Park Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 3,046 living square feet and 2,954 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to Belmont Shore living! This well maintained fourplex sits on a 2,954 SF lot. The property is comprised of (4) spacious one bedroom one bath units with an ideal floorplan and tons of storage. The exterior has recently been painted along with some interior upgrades. Downstairs you'll find bonus space for community storage or laundry. This property is steps from Belmont Shore's lively 2nd street, the park, and the beach. The location doesn't get much better than this. Whether you’re an investor looking to expand your portfolio or someone seeking a live-in investment opportunity, this fourplex in Belmont Shore represents a rare chance to own a piece of one of Southern California’s most desirable neighborhoods. These properties rarely change hands, act now!

Listed by Christa Vessell | BRE #02058824 | Coldwell Banker Commercial
Co-listed by George Bustamante | BRE #01484265 | Coldwell Banker Commercial
Last checked: 11 minutes ago | Last updated: August 23rd, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
2,954
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24174846
City
Long Beach
County
Los Angeles
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $7,980
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,760
  • Net Operating Income: $62,308
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,452
  • Electric: $200
  • Gas/Fuel: $500
  • New Taxes: $22,000
  • Trash: $343
  • Insurance: $5,587
  • Maintenance: $1,232
  • Professional Management: $3,090
  • Water/Sewer: $500

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Property Details for 208 Park Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7249034006
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: Heading West on 2nd Street make a right onto Park Ave.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Street Lights
View more facts & features

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Sale History for 208 Park Ave

Last sold on May 12th, 2008
  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: PW24174846

    $1,825,000

    Price

  • May, 2008

  • May 12, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 208 Park Ave

Assessed Value (2020): $119,659
Year Land Value Improved Value Assessed Value
2020 $64,534 $55,125 $119,659

Home Value Compared to the Market

This property vs the competition

208 Park Ave is listed 133.97% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $599.15 per/sqft which puts the price per square foot 7.25% lower than the median price per square foot for the city of Long Beach.

About 208 Park Ave

Detailed summary of property

208 Park Ave is a fourplex located in Long Beach, CA 90803 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 3,046 living square feet, and sits on an approximately 2,954 square foot lot. 208 Park Ave was first listed on ArdentRealEstateGroup.com on August 23, 2024. The homeowner is currently asking $1,825,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 133.97% higher than the median priced home. Local competing homes currently for sale include 108 Bennett Ave, 70 Roswell Ave and 70 Roswell Ave. While the average home in Long Beach, CA is selling in 62 days, 208 Park Ave has a days on market of 27 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 208 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 208 Park Ave

Public county record property details
Beds
4
Baths
4
Year built
1947
Sq. Ft.
3,046
Lot Size
2,971
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7249-034-006

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.