219 Prospect Ave, Long Beach, CA 90803
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219 Prospect Ave Long Beach, CA 90803

$2,590,000
  • 5 Beds
  • 5 Baths
  • 3,448 Sq.Ft.
For Sale
$2,590,000 Get Pre-Qualified

Map preview of 219 Prospect Ave, Long Beach, CA 90803

Property Overview: 219 Prospect Ave Long Beach, CA has 5 bedrooms, 5 bathrooms, 3,448 living square feet and 6,350 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: 2-Homes/1-Lot. Stunning Spanish duplex nestled in the highly sought-after neighborhood of Belmont Heights. This property embodies the essence of California living with its beautiful architecture, ocean views, convenient location, and versatile living spaces. As you step onto the property, you'll immediately be captivated by its timeless curb appeal. The classic Spanish-style facade boasts intricate details, arched doorways, and a warm color palette that exudes character and charm. Inside, each unit offers its own unique charm and functionality. Whether you're looking for a comfortable family home, an income-generating investment property, or a combination of both, this duplex has it all. With a total of 5 bedrooms and 5 bathrooms spread across both units, there's plenty of space for everyone to enjoy. The living spaces feature hardwood floors, ample natural light, and tasteful finishes that blend seamlessly with the home's traditional aesthetic. The kitchens are equipped with stainless steel apliances, granite countertops, ample cabinet space, and convenient layouts, perfect for cooking and entertaining. One of the highlights of this property is its outdoor areas. Imagine sipping your morning coffee on the private balcony or hosting a barbecue in the spacious backyard. The possibilities for outdoor enjoyment are endless. Plus a 4 car garage and total off-street parking for 6 cars this is a car collectors dream. Perfect Duplex for investors thanks to a 4% CAP rate with the front unit capable of producing 8k a month in rent and the back unit getting 3500 per month. Easy access to a plethora of amenities on 2nd street. From trendy boutiques and restaurants to beautiful parks and top-rated schools, everything you need is just moments away.

Listed by Benjamin Benoit | BRE #02105802 | Compass
Co-listed by John Corrales | BRE #01263687 | Compass
Last checked: 13 minutes ago | Last updated: May 20th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
6,350
HOA Dues
$0/mo
Year built
1989
Garage
4 Car
Property Type:
Duplex
Status
Active
MLS#
SB24092798
City
Long Beach
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $8,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $138,000
  • Net Operating Income: $123,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,000
  • Trash: $0
  • Insurance: $0

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Property Details for 219 Prospect Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room, Inside, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • All Bedrooms Up, Den, Family Room, Formal Entry, Kitchen, Living Room, Office, Two Primaries
Kitchen Information
  • Has Appliances
  • Built-In Range, Convection Oven, Dishwasher, Freezer, Gas Cooktop, Microwave, Refrigerator, Water Line to Refrigerator, Water Purifier
Interior Features
  • Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Dry Bar, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Sunken Living Room
  • Levels: One, Two
  • Window Features: Drapes, French/Mullioned, Low Emissivity Windows, Stained Glass
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • Door Features: Double Door Entry, French Doors
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Has Fence
  • Privacy, Stucco Wall, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Driveway - Combination, Concrete, Paved, Garage, Garage Faces Rear, Garage - Single Door, Garage - Two Door, Garage Door Opener, Off Street, Oversized, Parking Space, Private, Electric Vehicle Charging Station(s)
Lot Information
  • Lot Features: Back Yard, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Coastline, Ocean, Peek-A-Boo, Water
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7256017012
  • Year Built Source: Seller
  • Architectural Style: Spanish
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: From the 405 take Ximeno Ave to Broadway, then take right on Prospect Ave
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Dog Park, Fishing, Golf, Lake, Park, Mountainous, Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 219 Prospect Ave

View property's historical transactions
  • May, 2024

  • May 8, 2024

    Date

    Active

    CRMLS: SB24092798

    $2,590,000

    Price

Tax History for 219 Prospect Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

219 Prospect Ave is listed 224.16% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $643 and this home is listed at $751.16 per/sqft which puts the price per square foot 16.82% higher than the median price per square foot for the city of Long Beach.

About 219 Prospect Ave

Detailed summary of property

219 Prospect Ave is a duplex located in Long Beach, CA 90803 and is currently for sale. This duplex offers 5 bedrooms, 5 bathrooms, roughly 3,448 living square feet, and sits on an approximately 6,350 square foot lot. 219 Prospect Ave was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $2,590,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 224.16% higher than the median priced home. Local competing homes currently for sale include 263 Corona Avenue, 263 Corona Ave and 5121 E Ocean Blvd. While the average home in Long Beach, CA is selling in 51 days, 219 Prospect Ave has a days on market of 12 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 219 Prospect 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 219 Prospect Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
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.