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240 Lindero Ave, Long Beach, CA 90803
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240 Lindero Ave Long Beach, CA 90803

$1,562,000 Sold Price as of 10/12/2022
  • 5 Beds
  • 2.25 Baths
  • 2,784 Sq.Ft.
Sold
$1,562,000 Sold Price as of 10/12/2022 Refinance Your Mortgage
Map preview of 240 Lindero Ave, Long Beach, CA 90803

Property Overview: 240 Lindero Ave Long Beach, CA has 5 bedrooms, 2.25 bathrooms, 2,784 living square feet and 6,072 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to own or invest in this unique historic property situated in Bluff Heights just 3 ½ blocks from the beach. Both units are spacious 2 bedrooms, 1 bath with outdoor areas and parking for 4 cars plus a long driveway. The remodeled upstairs owner’s unit features a spacious deck with tree views. Enter the light-filled living space opening to an arched office area. The dining area flows into the oversized kitchen with granite counters, stainless appliances and white oak cabinets.A charming breakfast room is combined with the convenient laundry area and opens to the huge entertaining deck. The two spacious bedrooms enjoy a beautifully tiled bath with double sinks and a storage vanity.The 2 bedroom downstairs unit has the same layout as the upstairs unit but is more original and still in good condition The parking space for this unit has been converted to an outdoor entertaining space.The unit in the backyard is permitted as a rec room but is being used as a I bedroom 1.5 bath rental. A cozy side-covered patio adds privacy. There are 7 rare parking opportunities with 2 spaces, a 2 car garage and an extra-long driveway for at least 3 more cars. Lovingly cared for by the same owner for over 20 years, this is a low-maintenance building! Centrally located to transportation, shops and restaurants and all Long Beach has to offer!

Listed by Loree Scarborough | BRE #01257913 | Compass
Last checked: 10 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,072
HOA Dues
$0/mo
Year built
1914
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW22176455
City
Long Beach
County
Los Angeles
Time on Site
648 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,600
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $600
  • Insurance: $2,000
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 240 Lindero Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
Interior Features
  • 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Storage, Unfurnished
  • Levels: Two
Exterior Features
Exterior Information
  • 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: 7
  • Has Parking
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Two Door, Private
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Park Nearby, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7263016024
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is not Attached
  • 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: Electricity Available, Sewer Connected, Water Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Broadway north on Lindero
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 240 Lindero Ave

Last sold for $1,562,000 on October 12th, 2022

  • October, 2022

  • Oct 12, 2022

    Date

    Sold

    CRMLS: PW22176455

    $1,562,000

    Price

  • Aug 10, 2022

    Date

    Active

    CRMLS: PW22176455

    $1,645,000

    Price

  • December, 1998

  • Dec 2, 1998

    Date

    Sold (Public Records)

    Public Records

    $315,000

    Price

Show More

Tax History for 240 Lindero Ave

Assessed Value (2020): $451,529
Year Land Value Improved Value Assessed Value
2020 $308,189 $143,340 $451,529

Home Value Compared to the Market

This property vs the competition

240 Lindero Ave sold on October 12, 2022 for 83.12% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $526.22 per/sqft which puts the price per square foot 16.74% lower than the current median sale per square foot for the city of Long Beach.

About 240 Lindero Ave

Detailed summary of property

240 Lindero Ave is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 5 bedrooms, 2.25 bathrooms, roughly 2,784 living square feet, and sits on an approximately 6,072 square foot lot. 240 Lindero Ave was first listed on ArdentRealEstateGroup.com on August 11, 2022. The homeowner sold the property for $1,562,000. 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 83.12% higher than the current median priced home. Local homes that are currently for sale include 1377 Warren Ave, 3915 E 11th St and 1825 Cherry Ave. While the average home in Long Beach, CA is selling in 51 days, 240 Lindero Ave has a days on market of 17 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 240 Lindero 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 240 Lindero Ave

Public county record property details
Beds
4
Baths
2
Year built
1914
Sq. Ft.
2,784
Lot Size
6,072
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
7263-016-024

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%)

Thinking of Selling?

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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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