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213 Covina Ave, Long Beach, CA 90803
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213 Covina Ave Long Beach, CA 90803

$1,865,000 Sold Price as of 06/30/2023
  • 2 Beds
  • 3 Baths
  • 1,880 Sq.Ft.
Sold
$1,865,000 Sold Price as of 06/30/2023 Refinance Your Mortgage
Map preview of 213 Covina Ave, Long Beach, CA 90803

Property Overview: 213 Covina Ave Long Beach, CA has 2 bedrooms, 3 bathrooms, 1,880 living square feet and 2,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the thriving neighborhood of Belmont Shore in Long Beach, California’s seventh largest city where sunny days and beachside living meet! We are thrilled to present this fantastic owner-occupier or investment opportunity to own a well-maintained, four-unit building just two blocks from the beach that is a popular spot for volleyball, kite surfing, biking, paddle boarding and much more. This property is a true gem, boasting one spacious and updated 2-bedroom, 1-bathroom unit and three remodeled modern studios. With one studio unit being delivered vacant at close of escrow, there is plenty of flexibility for an owner-occupier or investor looking to customize the space to their liking. The studios have undergone a complete interior remodel with new flooring, lighting, dual pane windows, stainless steel appliances and new bathrooms. The 2-bedroom, 1-bathroom unit has also been stylishly updated recently, providing a comfortable and sleek space for your residents to call home. As a bonus, this property offers two one-car garages and an additional parking space located at the rear of the property providing coveted off-street parking for your residents. A community laundry room is provided for the residents as well. This prime location in the heart of Belmont Shore offers easy access to shops, dining, and the beach, making it an attractive destination for both short-term vacation rentals and long-term residents seeking the ultimate coastal lifestyle. Don't miss out on this incredible opportunity to own a turnkey investment property in one of Long Beach's most sought-after neighborhoods. The property is very short distance to Naples Island, The Peninsula, retail shops and a variety of dining options on 2nd Street and award-winning schools Lowell Elementary, Rogers Middle School and Wilson High School.

Listed by Lauren Coombs | BRE #01460830 | First Team Real Estate
Last checked: 1 minute ago | Last updated: September 19th, 2023 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
2,400
HOA Dues
$0/mo
Year built
1953
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23069321
City
Long Beach
County
Los Angeles
Time on Site
386 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,095
  • Net Operating Income: $65,456
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,639
  • Electric: $2,400
  • Gas/Fuel: $1,735
  • Trash: $1,104
  • Insurance: $3,810
  • Water/Sewer: $590

Virtual Tour

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Property Details for 213 Covina Ave

Interior Features
Cooling Information
  • None, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community, Dryer Included, Outside, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
Interior Features
  • Stone Counters, Storage
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Barbecue Private, Lighting, Rain Gutters
  • 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: 2
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Front Yard, Landscaped, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7249026018
  • Year Built Source: Public Records
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Offered With Property: Washer/dryer in community laundry room and all appliances in units
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: On the north side of Covina Avenue between 2nd Street and The Toledo.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 213 Covina Ave

Last leased for $2,700 on September 19th, 2023

  • September, 2023

  • Sep 19, 2023

    Date

    Leased

    CRMLS: PW23169742

    $2,700

    Price

  • Sep 11, 2023

    Date

    Active

    CRMLS: PW23169742

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Wow, incredible remodeled Ground floor 2-Bedroom Apartment. All utilities paid. Luxury vinyl flooring. New paint throughout. Custom 2-inch faux wood blinds. Remodeled kitchen cabinets, stainless-steel appliances, Gas stove, dishwasher, microwave, refrigerator included. Granite countertop, stainless steel sink with pull out faucet. Fully tile stall shower with seamless glass doors. Double pane windows. Wall heater / NO AC. Small 4-unit building. Shared community laundry room. Front courtyard patio area with outdoor patio furniture. 1 Car attached garage with opener. Walking distance to 2nd St and downtown Belmont Shore. All utilities paid. Tenant pays: phone, internet, Cable-TV. **Only A.D.A. Approved Emotional Support pet / Service dogs accepted, with proper documentation.

  • July, 2023

  • Jul 24, 2023

    Date

    Leased

    CRMLS: PW23125872

    $1,650

    Price

  • Jul 12, 2023

    Date

    Active

    CRMLS: PW23125872

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    Property has been rented Wow, incredible remodeled studio apartment. Upstairs, 2nd floor unit. Everything new. Luxury vinyl flooring. New paint throughout. Remodeled kitchen cabinets, new stainless-steel appliances, Bosch gas stove, dishwasher, microwave, refrigerator included. Granite countertop, stainless steel sink with pull out faucet. Fully tile stall shower with seamless glass doors. Double pane windows. Central heat and AC. Small 4-unit building. Shared community laundry room. Front courtyard patio area with propane heater, and outdoor patio furniture. Street parking only. Walking distance to 2nd St and downtown Belmont Shore. All utilities paid. Tenant pays: phone, internet, Cable-TV. **Only A.D.A. Approved Emotional Support pet / Service dogs accepted, with proper documentation.

  • June, 2023

  • Jun 30, 2023

    Date

    Sold

    CRMLS: PW23069321

    $1,865,000

    Price

  • Apr 28, 2023

    Date

    Active

    CRMLS: PW23069321

    $1,950,000

    Price

  • September, 2020

  • Sep 28, 2020

    Date

    Leased

    CRMLS: PW20184193

    $1,600

    Price

  • Sep 4, 2020

    Date

    Active

    CRMLS: PW20184193

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    This gorgeous completely remodeled apartment features a community washer/dryer, front yard and bbq! There is also a storage unit on-site available. It is completely remodeled with brand new air conditioning and Bosch appliances including a four burner gas stove. The neighborhood is filled with local attractions, fabulous shopping and delicious restaurants with the beach just a few minutes' walk away!

  • February, 2005

  • Feb 18, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • April, 2004

  • Apr 16, 2004

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

Show More

Tax History for 213 Covina Ave

Assessed Value (2020): $1,300,460
Year Land Value Improved Value Assessed Value
2020 $567,300 $733,160 $1,300,460

Home Value Compared to the Market

This property vs the competition

213 Covina Ave sold on June 30, 2023 for 118.61% higher than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $1037.23 per/sqft which puts the price per square foot 57.4% higher than the current median sale per square foot for the city of Long Beach.

About 213 Covina Ave

Detailed summary of property

213 Covina Ave is a fourplex that recently sold in Long Beach, CA 90803. This fourplex offered 2 bedrooms, 3 bathrooms, roughly 1,880 living square feet, and sits on an approximately 2,400 square foot lot. 213 Covina Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,865,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 118.61% higher than the current median priced home. Local homes that are currently for sale include 435 W 11th St, 2073 Locust Ave and 4851 Faculty Ave. While the average home in Long Beach, CA is selling in 53 days, 213 Covina Ave has a days on market of 32 days. There are currently 704 homes for sale in the Long Beach real estate market and 385 of them are single family homes while 296 of them are condos and 23 are townhomes. For more information on this home for sale at 213 Covina 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 213 Covina Ave

Public county record property details
Beds
2
Baths
4
Year built
1953
Sq. Ft.
1,880
Lot Size
2,373
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
7249-026-018

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.
$829
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
126
Median Sale to List Price %
100.42%
Avg Days on Market
56
Loan Type
Conventional (32.14%), FHA (0%), VA (10.71%), Cash (25%), Other (32.14%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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