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261 Prospect Ave, Long Beach, CA 90803
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261 Prospect Ave Long Beach, CA 90803

$1,780,000 Sold Price as of 11/07/2022
  • 5 Beds
  • 3 Baths
  • 2,400 Sq.Ft.
Sold
$1,780,000 Sold Price as of 11/07/2022 Refinance Your Mortgage
Map preview of 261 Prospect Ave, Long Beach, CA 90803

Property Overview: 261 Prospect Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,400 living square feet and 6,355 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present 261 Prospect Avenue. This spectacular Belmont Heights duplex consists of two newly remodeled units with laundry in each unit. The back unit is a 2 Bedroom/ 1 Bathroom unit with mini split air conditioning and the front unit is a remodeled, open concept 3 Bedroom/ 2 Bathroom. In the rear alley is a 3 car garage with extra room for uncovered parking. There is also a private patio shared between each unit as well as a freshly landscaped fenced front yard. Located on a peaceful street in the highly sought after neighborhood of Belmont Heights, you can be within close proximity to the best Long Beach has to offer including Marine Stadium Park, Colorado Lagoon, Recreation Park Golf Courses, weekly local farmer's markets, 2nd Street shops & restaurants, dog parks, local playgrounds, and so much more. Additionally, this home is located near the best schools within the Long Beach Unified School District.

Listed by Austin Carr | BRE #01986298 | Realty One Group United
Last checked: 11 minutes ago | Last updated: November 8th, 2022 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
6,355
HOA Dues
$0/mo
Year built
1963
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PW22178841
City
Long Beach
County
Los Angeles
Time on Site
643 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # 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
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 261 Prospect Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7250007019
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Just North of Prospect Avenue and E. Vista Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 261 Prospect Ave

Last sold for $1,780,000 on November 7th, 2022

  • November, 2022

  • Nov 7, 2022

    Date

    Sold

    CRMLS: PW22178841

    $1,780,000

    Price

  • Aug 13, 2022

    Date

    Active

    CRMLS: PW22178841

    $1,950,000

    Price

  • November, 2000

  • Nov 27, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 1996

  • Oct 22, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 261 Prospect Ave

Assessed Value (2020): $497,308
Year Land Value Improved Value Assessed Value
2020 $295,278 $202,030 $497,308

Home Value Compared to the Market

This property vs the competition

261 Prospect Ave sold on November 7, 2022 for 137.5% 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 $791.67 per/sqft which puts the price per square foot 25.26% higher than the current median sale per square foot for the city of Long Beach.

About 261 Prospect Ave

Detailed summary of property

261 Prospect Ave is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 5 bedrooms, 3 bathrooms, roughly 2,400 living square feet, and sits on an approximately 6,355 square foot lot. 261 Prospect Ave was first listed on ArdentRealEstateGroup.com on August 13, 2022. The homeowner sold the property for $1,780,000. 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 137.5% higher than the current median priced home. Local homes that are currently for sale include 2507 E 14th St, 1717 Temple Ave and 1717 Temple Ave. While the average home in Long Beach, CA is selling in 51 days, 261 Prospect Ave has a days on market of 62 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 261 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 261 Prospect Ave

Public county record property details
Beds
4
Baths
2
Year built
1963
Sq. Ft.
2,364
Lot Size
6,355
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7250-007-019

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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(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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