257 Loma Ave, Long Beach, CA 90803
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257 Loma Ave Long Beach, CA 90803

$935,000 Sold Price as of 12/24/2020
  • 3 Beds
  • 3 Baths
  • 1,554 Sq.Ft.
Sold
$935,000 Sold Price as of 12/24/2020 Refinance Your Mortgage

Map preview of 257 Loma Ave, Long Beach, CA 90803

Property Overview: 257 Loma Ave Long Beach, CA has 3 bedrooms, 3 bathrooms, 1,554 living square feet and 3,369 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime Belmont Heights 3 houses. All houses have their own laundry rooms. The middle and rear houses have private yards. The front house has a nice front yard. The front house has just had a complete update. This is contingent upon an exchange and seller finding a suitable trade property seller has found an exchange so will remove the contingency when the buyer removes the inspection contingency

Listed by MARTIN STONE | BRE #00416755 | BUCKINGHAM INVESTMENTS
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 167

Home details

Lot Sq. Ft
3,369
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
IN20016644
City
Long Beach
County
Los Angeles
Time on Site
1531 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,355
  • Total Rent: $1,355
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,860
  • Net Operating Income: $37,848
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,012
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,875
  • Trash: $0
  • Gardener: $720
  • Insurance: $1,720
  • Water/Sewer: $697

Property Details for 257 Loma Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Bath, Patio, Electric, Gas
Room Information
  • Flooring: Laminate
  • Kitchen, Laundry, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Refrigerator
Interior Features
  • Open Floorplan
  • Levels: One
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Average Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7257031016
  • Year Built Source: Public Records
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: South of 4th & east of Redondo
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 257 Loma Ave

Last sold for $935,000 on December 24th, 2020
  • December, 2020

  • Dec 30, 2020

    Date

    Sold

    CRMLS: IN20016644

    $935,000

    Price

  • Nov 16, 2020

    Date

    Pending

    CRMLS: IN20016644

    $945,000

    Price

  • Oct 14, 2020

    Date

    Active Under Contract

    CRMLS: IN20016644

    $945,000

    Price

  • Sep 25, 2020

    Date

    Price Change

    CRMLS: IN20016644

    $945,000

    Price

  • Jun 26, 2020

    Date

    Active

    CRMLS: IN20016644

    $957,000

    Price

  • Jun 8, 2020

    Date

    Hold

    CRMLS: IN20016644

    $957,000

    Price

  • Mar 19, 2020

    Date

    Price Change

    CRMLS: IN20016644

    $957,000

    Price

  • Mar 19, 2020

    Date

    Active

    CRMLS: IN20016644

    $950,000

    Price

  • Jan 31, 2020

    Date

    Pending

    CRMLS: IN20016644

    $950,000

    Price

  • Jan 23, 2020

    Date

    Active

    CRMLS: IN20016644

    $950,000

    Price

  • December, 2020

  • Dec 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $935,000

    Price

  • December, 2004

  • Dec 28, 2004

    Date

    Sold (Public Records)

    Public Records

    $649,000

    Price

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Tax History for 257 Loma Ave

Assessed Value (2020): $828,454
Year Land Value Improved Value Assessed Value
2020 $739,240 $89,214 $828,454

Home Value Compared to the Market

This property vs the competition

257 Loma Ave sold on December 24, 2020 for 15.38% 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 $608.11 per/sqft which puts the price per square foot 3.17% lower than the current median sale per square foot for the city of Long Beach.

About 257 Loma Ave

Detailed summary of property

257 Loma Ave is a triplex that recently sold in Long Beach, CA 90803. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,554 living square feet, and sits on an approximately 3,369 square foot lot. 257 Loma Ave was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $935,000. 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 15.38% higher than the current median priced home. Local homes that are currently for sale include 340 E 19th St, 702 Cedar Ave and 401 E 21st St. While the average home in Long Beach, CA is selling in 62 days, 257 Loma Ave has a days on market of 167 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 257 Loma 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 257 Loma Ave

Public county record property details
Beds
3
Baths
3
Year built
1921
Sq. Ft.
1,554
Lot Size
3,375
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7257-031-016

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.