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229 Euclid Ave, Long Beach, CA 90803
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229 Euclid Ave Long Beach, CA 90803

$1,394,000 Sold Price as of 08/05/2021
  • 4 Beds
  • 3 Baths
  • 2,740 Sq.Ft.
Sold
$1,394,000 Sold Price as of 08/05/2021 Refinance Your Mortgage
Map preview of 229 Euclid Ave, Long Beach, CA 90803

Property Overview: 229 Euclid Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 2,740 living square feet and 2,994 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stunning Mediterranean Triplex. Excellent location, property in close proximity to shopping, restaurants and recreational activity. Just 3 block from the water. Two large 2 Bedroom, 1 Bath units with dining room, living room, breakfast nook, den/office space & laundry area and a great Single over two garages. Ample windows for ocean breezes and lots of natural light! Beautiful kitchens with granite counters and custom cabinetry. Crown molding, tray ceilings and updated baths. All 3 Units have their own gas and electrical meters. Two single car garages. Large shared patio. Small deck at the top of back stairs. Great Income Property. Please do not disturb tenants!

Listed by Ginette Skelton | BRE #01795366 | Coldwell Banker Coastal Alliance
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
2,994
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW21133114
City
Long Beach
County
Los Angeles
Time on Site
1188 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # 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
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $775
  • Total Rent: $775
  • Pro Forma/Market Rent: $975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.25%
  • Gross Rent Multiplier: 21
  • Gross Scheduled Income: $64,500
  • Net Operating Income: $45,150
  • Gross Operating Income: --
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $19,350
  • Trash: $1,297
  • Insurance: $1,686
  • Water/Sewer: $968
  • Other Expense Description: Estimate

Property Details for 229 Euclid Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Interior Features
  • Built-in Features, Copper Plumbing Partial
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lawn, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7255009025
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Broadway/Euclid
Neighborhood Information
  • Community Features: Curbs, Gutters, Urban
View more facts & features

Local Long Beach Agent

Sale History for 229 Euclid Ave

Last sold for $1,394,000 on August 5th, 2021

  • August, 2021

  • Aug 5, 2021

    Date

    Sold

    CRMLS: PW21133114

    $1,394,000

    Price

  • Aug 3, 2021

    Date

    Pending

    CRMLS: PW21133114

    $1,394,000

    Price

  • Jun 30, 2021

    Date

    Active Under Contract

    CRMLS: PW21133114

    $1,394,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: PW21133114

    $1,394,000

    Price

  • Jun 29, 2021

    Date

    Hold

    CRMLS: PW21133114

    $1,394,000

    Price

  • Jun 23, 2021

    Date

    Active

    CRMLS: PW21133114

    $1,394,000

    Price

  • Jun 19, 2021

    Date

    Coming Soon

    CRMLS: PW21133114

    $1,394,000

    Price

  • June, 2012

  • Jun 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $845,000

    Price

  • November, 2004

  • Nov 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

Show More

Tax History for 229 Euclid Ave

Assessed Value (2020): $970,480
Year Land Value Improved Value Assessed Value
2020 $677,615 $292,865 $970,480

Home Value Compared to the Market

This property vs the competition

229 Euclid Ave sold on August 5, 2021 for 70.21% 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 $508.76 per/sqft which puts the price per square foot 18.99% lower than the current median sale per square foot for the city of Long Beach.

About 229 Euclid Ave

Detailed summary of property

229 Euclid Ave is a triplex that recently sold in Long Beach, CA 90803. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,740 living square feet, and sits on an approximately 2,994 square foot lot. 229 Euclid Ave was first listed on ArdentRealEstateGroup.com on June 19, 2021. The homeowner sold the property for $1,394,000. 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 70.21% higher than the current median priced home. Local homes that are currently for sale include 1147 Ximeno Ave, 1817 E 3rd St and 528 Cherry Ave. While the average home in Long Beach, CA is selling in 62 days, 229 Euclid Ave has a days on market of 6 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 229 Euclid 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 229 Euclid Ave

Public county record property details
Beds
4
Baths
3
Year built
1923
Sq. Ft.
2,492
Lot Size
2,993
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7255-009-025

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.

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