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268 Park Ave, Long Beach, CA 90803
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268 Park Ave Long Beach, CA 90803

$2,290,000
  • 4 Beds
  • 3.5 Baths
  • 2,715 Sq.Ft.
For Sale
$2,290,000 Get Pre-Qualified
Map preview of 268 Park Ave, Long Beach, CA 90803

Property Overview: 268 Park Ave Long Beach, CA has 4 bedrooms, 3.5 bathrooms, 2,715 living square feet and 6,348 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: HOME PLUS INCOME on crest of hill. Classic 1952 MID CENTURY SFR plus 2 separate 1 BR Units built in 1924 over 4 spacious garages. Completely gated. Lush gardens surround this unique property. Ideal family compound and/or rental income. Entire complex recently painted both inside and out. Front SFR offers 1707 sq. ft. w/ spacious LR, FORMAL DR, FAMILY RM, 2 BRS, 1.5 BA. Large KITCHEN w/Lots of cabinetry, separate BRKFST AREA, new STAINLESS STEEL RANGE and DW. New electrical for stove. New kitchen & bath floors. Original HARDWOOD FLOORS in front home & 1 UNIT. Period metal windows bathe the home in sunlight & architectural appeal. Detached SFR has raised deck area in back plus lower [recently poured] CEMENT PATIO and walkways lined w/ flower beds. New water heater in SFR, some new wiring for oven/range. Craftsman style duplex over 4 spacious garages offer separation from front house. Both units include STOVES & REFRIGERATORS. Back units were recently renovated w/period black and white tile floors, subway tile backsplashes, spacious KITCHENS w/ lots of original cabinetry, built-in book cases, writing desks, & faux FP. Both units were replumbed w/ copper pipes. Sewer line was partially redone. Back units enjoy a bit of an ocean view from the balconies and BR. Additional parking in front of 4 garages. Lots of street parking. POTENTIAL FOR ADU (?). WALKING DISTANCE to trendy BELMONT SHORE and OCEAN.

Listed by Silvana Raiola | BRE #00411102 | Landmark Realtors
Last checked: 12 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
6,348
HOA Dues
$0/mo
Year built
1952
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
OC24068300
City
Long Beach
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $57,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $25,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $22,740
  • Pro Forma/Market Rent: $25,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $1,071
  • Gas/Fuel: $1,060
  • Furniture Replacement: $0
  • Trash: $1,168
  • Cable TV: $0
  • Gardener: $1,800
  • Insurance: $2,013
  • Water/Sewer: $605
  • Other Expenses: $2,013

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Property Details for 268 Park Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks
  • All Bedrooms Down, Dressing Area, Family Room, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Oven, Electric Range, Disposal
Interior Features
  • Ceiling Fan(s), Chair Railings, Tile Counters
  • Levels: One
  • Window Features: Garden Window(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Fence
  • Block
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: Back Yard, Front Yard, Landscaped, Lawn, Paved, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 7250031005
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 2+ Access Exits, No Interior Steps, Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: North of Broadway, South of Vista
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 268 Park Ave

Last sold on August 21st, 2018

  • April, 2024

  • Apr 22, 2024

    Date

    Active

    CRMLS: OC24068300

    $2,290,000

    Price

  • August, 2018

  • Aug 21, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2017

  • Nov 15, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 268 Park Ave

Assessed Value (2020): $258,790
Year Land Value Improved Value Assessed Value
2020 $115,904 $142,886 $258,790

Home Value Compared to the Market

This property vs the competition

268 Park Ave is listed 186.61% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $645 and this home is listed at $843.46 per/sqft which puts the price per square foot 30.77% higher than the median price per square foot for the city of Long Beach.

About 268 Park Ave

Detailed summary of property

268 Park Ave is a triplex located in Long Beach, CA 90803 and is currently for sale. This triplex offers 4 bedrooms, 3.5 bathrooms, roughly 2,715 living square feet, and sits on an approximately 6,348 square foot lot. 268 Park Ave was first listed on ArdentRealEstateGroup.com on April 22, 2024. The homeowner is currently asking $2,290,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $645. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 186.61% higher than the median priced home. Local competing homes currently for sale include 5285 E The Toledo, 116 Bennett Ave and 102 La Verne Ave. While the average home in Long Beach, CA is selling in 53 days, 268 Park Ave has a days on market of 14 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 268 Park 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 268 Park Ave

Public county record property details
Beds
4
Baths
4
Year built
1924
Sq. Ft.
2,715
Lot Size
6,347
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
7250-031-005

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
$1,495,000
Median List Price/Sq.Ft.
$840
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
105
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.

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