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325 N Colorado Pl, Long Beach, CA 90814
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325 N Colorado Pl Long Beach, CA 90814

$2,040,000 Sold Price as of 08/29/2024
  • 15 Beds
  • 7 Baths
  • 7,240 Sq.Ft.
Sold
$2,040,000 Sold Price as of 08/29/2024 Refinance Your Mortgage
Map preview of 325 N Colorado Pl, Long Beach, CA 90814

Property Overview: 325 N Colorado Pl Long Beach, CA has 15 bedrooms, 7 bathrooms, 7,240 living square feet and 6,228 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 325 N. Colorado Place is a 7 unit building located right in the heart of beautiful Bluff Heights. This two level property is comprised of (1) 3BD/1BA unit and (6) 2BD/1BA units. There is a community laundry room and 4 attached garages facing the front of the property. This location has a walk score of 96 and is located close to entertainment, shopping, and dining of all kinds.

Listed by Dave Dumalski | BRE #00657189 | White Realty Associates
Last checked: 14 minutes ago | Last updated: August 29th, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,228
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
PW24113361
City
Long Beach
County
Los Angeles
Time on Site
104 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 8
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $9,800
  • Total Rent: $9,800
  • Pro Forma/Market Rent: $13,875
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,445
  • Total Rent: $2,445
  • Pro Forma/Market Rent: $2,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $144,024
  • Net Operating Income: $112,867
  • Gross Operating Income: --
  • # of Rented Garages: 4
  • Laundry Income: $209
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $31,157
  • Electric: $463
  • Gas/Fuel: $1,443
  • Licenses: $735
  • Trash: $2,700
  • Gardener: $600
  • Insurance: $6,145
  • Professional Management: $11,505
  • Water/Sewer: $2,085
  • Other Expenses: $104
  • Other Expense Description: Fire ext

Property Details for 325 N Colorado Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Electric Range, Refrigerator
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 7
  • Parcel Number: 7263026020
  • Year Built Source: Assessor
  • Entry Level: 1
  • 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: Temple Ave. & E. 3rd St.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 325 N Colorado Pl

Last sold for $2,040,000 on August 29th, 2024

  • August, 2024

  • Aug 29, 2024

    Date

    Sold

    CRMLS: PW24113361

    $2,040,000

    Price

  • Jun 7, 2024

    Date

    Active

    CRMLS: PW24113361

    $1,999,000

    Price

  • November, 2019

  • Nov 6, 2019

    Date

    Leased

    CRMLS: PW19212733

    $2,350

    Price

  • Oct 16, 2019

    Date

    Price Change

    CRMLS: PW19212733

    $2,350

    Price

  • Sep 5, 2019

    Date

    Active

    CRMLS: PW19212733

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Beautifully Updated 3 Bedrooms, 1 3/4 Bathrooms Apartment. Located in Long Beach's historic Bluff Heights district this upper unit has been freshly painted with newly installed carpet, blinds, vanities, stove, dishwasher, and flooring in the kitchen and bathrooms. The unit also includes a 1 car garage and laundry on site. Only a mile away from the beach and conveniently located near a variety of cafe's, restaurants, and shops.

  • April, 1997

  • Apr 8, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 1997

  • Apr 3, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 325 N Colorado Pl

Assessed Value (2020): $228,455
Year Land Value Improved Value Assessed Value
2020 $40,765 $187,690 $228,455

Home Value Compared to the Market

This property vs the competition

325 N Colorado Pl sold on August 29, 2024 for 144.08% 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 $276.1 per/sqft which puts the price per square foot 56.03% lower than the current median sale per square foot for the city of Long Beach.

About 325 N Colorado Pl

Detailed summary of property

325 N Colorado Pl is a apartment that recently sold in Long Beach, CA 90814. This apartment offered 15 bedrooms, 7 bathrooms, roughly 7,240 living square feet, and sits on an approximately 6,228 square foot lot. 325 N Colorado Pl was first listed on ArdentRealEstateGroup.com on June 7, 2024. The homeowner sold the property for $2,040,000. 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 144.08% higher than the current median priced home. Local homes that are currently for sale include 1512 N Stanton Pl, 1102 Termino Ave and 108 Bennett Ave. While the average home in Long Beach, CA is selling in 62 days, 325 N Colorado Pl has a days on market of 26 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 325 N Colorado Pl Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 325 N Colorado Pl

Public county record property details
Beds
15
Baths
8
Year built
1963
Sq. Ft.
7,240
Lot Size
6,226
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7263-026-020

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

Thinking of Selling?

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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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