232 Euclid Ave, Long Beach, CA 90803
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232 Euclid Ave Long Beach, CA 90803

$2,315,000 Sold Price as of 09/28/2021
  • 6 Beds
  • 0 Baths
  • -- Sq.Ft.
Sold
$2,315,000 Sold Price as of 09/28/2021 Refinance Your Mortgage

Map preview of 232 Euclid Ave, Long Beach, CA 90803

Property Overview: 232 Euclid Ave Long Beach, CA has 6 bedrooms, -- bathrooms, -- living square feet and 6,519 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Gorgeous Mediterranean Trophy Income Property. This fourplex offers two 2 BD / 1 BA units in the front building and two 1 BD/1BA units in the rear building. A beautifully landscaped courtyard with fountain provides lounge space, privacy and storage area. The property also offers ample parking with four garages. In close proximity to shopping, restaurants and recreational activity, it is just 3 blocks from the water. All 4 Units have their own gas and electrical meters. Recent exterior renovations include architect-designed hardscape and landscaping, stairways, installation of Saltillo tiles on front and side patios, roof recoated, new drainage with sump pump, automatic irrigation system, lighting and gutters and downspouts. Additional exterior renovations include Trex decking, fencing, custom gates and the main sewer pipe was replaced. Stucco and trim recently painted. Important interior improvements include unit C being extensively and beautifully remodeled with new kitchen, new wiring, full bathroom remodel, compact washer/dryer added and much more...pics to follow. Unit A has been largely enhanced, with new wiring, instant hot water system added, floors refinished and windows resealed and much more. Units 232, A and C all have washer and dryers in the units. The Belmont Heights location is desirable for professionals seeking a quiet neighborhood with warm ambiance with accessibility to outdoor activities along with many shopping and dining options. The property is within minutes to the beach and bike path as well as the popular 2nd Street with more shopping and dining possibilities. All of this and a possible ADU. Please do not disturb tenants.

Listed by Ginette Skelton | BRE #01795366 | Coldwell Banker Coastal Alliance
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,519
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21174964
City
Long Beach
County
Los Angeles
Time on Site
1009 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,175
  • Total Rent: $2,175
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,040
  • Net Operating Income: $76,032
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,008
  • Trash: $1,800
  • Insurance: $2,340
  • Water/Sewer: $1,300

Property Details for 232 Euclid Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Sprinklers Drip System
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7255010009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Head west on Broadway/Right turn on Euclid
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 232 Euclid Ave

Last sold for $2,315,000 on September 28th, 2021
  • September, 2021

  • Sep 17, 2021

    Date

    Pending

    CRMLS: PW21174964

    $2,289,000

    Price

  • Aug 17, 2021

    Date

    Active Under Contract

    CRMLS: PW21174964

    $2,289,000

    Price

  • Aug 15, 2021

    Date

    Active

    CRMLS: PW21174964

    $2,289,000

    Price

  • Aug 10, 2021

    Date

    Coming Soon

    CRMLS: PW21174964

    $2,289,000

    Price

  • September, 2019

  • Sep 27, 2019

    Date

    Sold

    CRMLS: PW19162057

    $1,580,000

    Price

  • Sep 20, 2019

    Date

    Pending

    CRMLS: PW19162057

    $1,595,000

    Price

  • Aug 26, 2019

    Date

    Active Under Contract

    CRMLS: PW19162057

    $1,595,000

    Price

  • Aug 21, 2019

    Date

    Active

    CRMLS: PW19162057

    $1,595,000

    Price

  • Aug 6, 2019

    Date

    Active Under Contract

    CRMLS: PW19162057

    $1,595,000

    Price

  • Jul 28, 2019

    Date

    Hold

    CRMLS: PW19162057

    $1,595,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: PW19162057

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Spanish 4-Plex with approximately 3,400 SqFt of Living Space in a Prime Belmont Heights Location, situated on a full 6,500 SqFt lot. Units consist of Two - 2 Bedroom, 1 Bath Units and Two – 1 Bedroom, 1 Bath Units with 4 Single Car Garages. Don’t miss out on this Unique Opportunity to own a Beautiful Spanish Building in a mostly Residential Neighborhood.

  • September, 2019

  • Sep 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,580,000

    Price

  • July, 2019

  • Jul 16, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 232 Euclid Ave

Assessed Value (2020): $1,580,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $680,000 $1,580,000

Home Value Compared to the Market

This property vs the competition

232 Euclid Ave sold on September 28, 2021 for 186.12% higher than the current median sold price for the city of Long Beach which is $800,000.

About 232 Euclid Ave

Detailed summary of property

232 Euclid Ave is a fourplex that recently sold in Long Beach, CA 90803. This fourplex offered 6 bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,519 square foot lot. 232 Euclid Ave was first listed on ArdentRealEstateGroup.com on August 10, 2021. The homeowner sold the property for $2,315,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 186.12% higher than the current median priced home. Local homes that are currently for sale include 791 Coronado Ave, 830 Roswell Ave and 1102 Termino Ave. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 232 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 232 Euclid Ave

Public county record property details
Beds
4
Baths
4
Year built
1930
Sq. Ft.
3,344
Lot Size
6,519
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7255-010-009

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
$1,499,980
Median List Price/Sq.Ft.
$856
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
113
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.