331 Euclid Ave, Long Beach, CA 90814
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331 Euclid Ave Long Beach, CA 90814

$1,500,000 Sold Price as of 02/04/2021
  • 4 Beds
  • 4 Baths
  • 2,500 Sq.Ft.
Sold
$1,500,000 Sold Price as of 02/04/2021 Refinance Your Mortgage

Map preview of 331 Euclid Ave, Long Beach, CA 90814

Property Overview: 331 Euclid Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,500 living square feet and 6,351 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Art Deco, turnkey triplex is located on one of the quietest streets in Belmont Hts (Euclid dead ends at Colorado) and consists of a spacious 3 bedroom, 2 bath front home (1,775 s.f) plus an office / dining room (could be a 4th bedroom), a 480 s.f one bedroom apartment (with a small office sits atop the detached 2 car garage (alley access), and a legally permitted ADU studio (242 s.f). There is ample parking both in the front driveway and in the rear off of the alley. The entire property was taken down to the studs and fully renovated (with permits) and brought up to current code. Upgrades include structural reinforemcents, new 3 panel / 400 amp electric meter, new roofs on all 3 structures, new windows, insulation and drywall, new HVAC, new plumbing (including main sewer line), new electrical, beautiful kitchens with gray shaker cabinets and quartz countertops and backsplashes, stunning Acacia hardwood flooring in the front house and laminate flooring in the back units, amazing Art Deco tile work in both bathrooms of the front house along with stunning tile around the amazing front door that really makes this house "pop". Monthly income should exceed $7,250 per month and with all the renovations your repairs and maintenance costs will be near zero for many years to come.

Listed by William Smith | BRE #01431853 | Bryant Drive Properties, Inc.
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,351
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW20259253
City
Long Beach
County
Los Angeles
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
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: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $89,400
  • Net Operating Income: $68,400
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $21,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $18,300
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,500
  • Water/Sewer: $0

Property Details for 331 Euclid Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • In Closet, In Garage
Fireplace Information
  • None, Dining Room
Room Information
  • Flooring: Laminate, Wood
  • All Bedrooms Down
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Levels: Multi/Split
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Exterior Features
Exterior Information
  • Roof: Asphalt, Bitumen
  • Has Fence
  • Block, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage Faces Rear, Garage Door Opener
Lot Information
  • Lot Features: 0-1 Unit/Acre, Landscaped, Sprinklers In Front, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7255005021
  • Year Built Source: Builder
  • Architectural Style: See Remarks
  • Property is not Attached
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Colorado to Euclid and head south
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 331 Euclid Ave

Last sold for $1,500,000 on February 4th, 2021
  • February, 2021

  • Feb 5, 2021

    Date

    Sold

    CRMLS: PW20259253

    $1,500,000

    Price

  • Jan 30, 2021

    Date

    Pending

    CRMLS: PW20259253

    $1,525,000

    Price

  • Dec 22, 2020

    Date

    Active Under Contract

    CRMLS: PW20259253

    $1,525,000

    Price

  • Dec 22, 2020

    Date

    Active

    CRMLS: PW20259253

    $1,525,000

    Price

  • Dec 17, 2020

    Date

    Coming Soon

    CRMLS: PW20259253

    $1,525,000

    Price

  • February, 2021

  • Feb 5, 2021

    Date

    Sold

    CRMLS: PW20259136

    $1,500,000

    Price

  • Jan 30, 2021

    Date

    Pending

    CRMLS: PW20259136

    $1,525,000

    Price

  • Dec 22, 2020

    Date

    Active Under Contract

    CRMLS: PW20259136

    $1,525,000

    Price

  • Dec 22, 2020

    Date

    Active

    CRMLS: PW20259136

    $1,525,000

    Price

  • Dec 17, 2020

    Date

    Coming Soon

    CRMLS: PW20259136

    $1,525,000

    Price

  • Listing provided courtesy of CRMLS

    This Art Deco beauty is located on one of the quietest streets in Belmont Hts (Euclid dead ends at Colorado) and consists of a spacious 3 bedroom, 2 bath front home (1,775 s.f) plus an office / dining room (could be a 4th bedroom), a 480 s.f one bedroom apartment (with a small office sits atop the detached 2 car garage (alley access), and a legally permitted ADU studio (242 s.f). There is ample parking both in the front driveway and in the rear off of the alley. This property is ideal for both owner occupants or as an investment depending on your needs. The entire property was taken down to the studs and fully renovated (with permits) and brought up to current code. Upgrades include structural reinforemcents, new 3 panel / 400 amp electric meter, new roofs on all 3 structures, new windows, insulation and drywall, new HVAC, new plumbing (including main sewer line), new electrical, beautiful kitchens with gray shaker cabinets and quartz countertops and backsplashes, stunning Acacia hardwood flooring in the front house and laminate flooring in the back units, amazing Art Deco tile work in both bathrooms of the front house along with stunning tile around the amazing front door that really makes this house "pop". For investors, monthly income should exceed $7,250 per month and with all the renovations your repairs and maintenance costs will be near zero for many years to come. For owner occupants, buy the front house and get the 2 income units for almost nothing!

  • February, 2021

  • Feb 4, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

  • April, 2020

  • Apr 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $885,000

    Price

  • February, 2019

  • Feb 9, 2019

    Date

    Sold

    CRMLS: OC19017036

    $851,000

    Price

  • Feb 4, 2019

    Date

    Pending

    CRMLS: OC19017036

    $799,999

    Price

  • Feb 3, 2019

    Date

    Hold

    CRMLS: OC19017036

    $799,999

    Price

  • Feb 3, 2019

    Date

    Active

    CRMLS: OC19017036

    $799,999

    Price

  • Jan 30, 2019

    Date

    Hold

    CRMLS: OC19017036

    $799,999

    Price

  • Jan 30, 2019

    Date

    Active

    CRMLS: OC19017036

    $799,999

    Price

  • Jan 29, 2019

    Date

    Hold

    CRMLS: OC19017036

    $799,999

    Price

  • Jan 23, 2019

    Date

    Active

    CRMLS: OC19017036

    $799,999

    Price

  • Listing provided courtesy of CRMLS

    LOCATION,LOCATION,LOCATION!!! BELMONT HEIGHTS DUPLEX WITH GUEST HOUSE. THIS IS A INVESTORS DREAM HOME. 1920 ORIGINAL BEAUTIFUL WOOD CUT OUTS AND DOORS THAT NEED A LITTLE TLC TO RESTORE AGAIN. FRONT HOUSE IS 5 BEDROOMS 2.5 BATHS PER TAX ASSESSOR. THERE IS ALSO A APARTMENT WHICH WAS A RENTAL AT ONE TIME AND AS AN ADDED BONUS A GUEST HOUSE WITH NO KITCHEN. THERE IS A TOTAL OF THREE BUILDINGS ON THIS LOT. THIS PROPERTY WILL NOT LAST LONG IN THIS BEAUTIFUL NEIGHBORHOOD CLOSE TO BELMONT SHORES. SELLERS CHOICE OF SERVICES. HOME INSPECTION ALREADY DONE. PLEASE NO SHOW TIMES CALL OR TEXT AGENT. PROOF OF FUNDS NEEDED!! WE WILL BE LOOKING AT OFFERS LATE SUNDAY EVENING.

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Tax History for 331 Euclid Ave

Assessed Value (2020): $859,510
Year Land Value Improved Value Assessed Value
2020 $600,950 $258,560 $859,510

Home Value Compared to the Market

This property vs the competition

331 Euclid Ave sold on February 4, 2021 for 86.2% 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 $610 per/sqft which puts the price per square foot 2.87% lower than the current median sale per square foot for the city of Long Beach.

About 331 Euclid Ave

Detailed summary of property

331 Euclid Ave is a triplex that recently sold in Long Beach, CA 90814. This triplex offered 4 bedrooms, 4 bathrooms, roughly 2,500 living square feet, and sits on an approximately 6,351 square foot lot. 331 Euclid Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,500,000. 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 86.2% higher than the current median priced home. Local homes that are currently for sale include 187 Roycroft Ave, 1147 Ximeno Ave and 1147 Ximeno Ave. While the average home in Long Beach, CA is selling in 62 days, 331 Euclid Ave has a days on market of 1 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 331 Euclid Ave 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 331 Euclid Ave

Public county record property details
Beds
5
Baths
2
Year built
1920
Sq. Ft.
2,116
Lot Size
6,350
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7255-005-021

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%)

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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.