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357 Park Ave, Long Beach, CA 90814
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357 Park Ave Long Beach, CA 90814

$715,000 Sold Price as of 06/11/2020
  • 2 Beds
  • 2 Baths
  • 1,200 Sq.Ft.
Sold
$715,000 Sold Price as of 06/11/2020 Refinance Your Mortgage
Map preview of 357 Park Ave, Long Beach, CA 90814

Property Overview: 357 Park Ave Long Beach, CA has 2 bedrooms, 2 bathrooms, 1,200 living square feet and 2,127 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Classic Spanish duplex consisting of 2-1Br. 1Ba. side by side units with hardwood flooring, Spanish coved ceilings, tile roof, faux fireplaces in immaculate condition. Both units are elevated from street level with a double garage downstairs, laundry room and storage. Unit #357 has an expanded kitchen with breakfast nook, tile bath w/shower enclosure, multiple windows t/o for lots of natural light & ceiling fan, stove & refrigerator. Unit #359 is a mirror image of #357 with a slightly smaller kitchen but also has hardwood floors, tile bath w/enclosure and includes stove & refrigerator. Both units show extremely well and tenants are on a lease through August, 2020. "Property is being sold subject to inspection".

Listed by John Gooding | BRE #00479227 | Vista Sotheby's Int'l Realty
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
2,127
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20031217
City
Long Beach
County
Los Angeles
Time on Site
1530 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,280
  • Net Operating Income: $30,012
  • Gross Operating Income: $37,515
  • Vacancy Allowance: $765
  • # of Rented Garages: 2
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $7,503
  • New Taxes: $9,180
  • Trash: $600
  • Insurance: $1,300
  • Water/Sewer: $1,800

Property Details for 357 Park Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Gas Dryer Hookup, In Garage, Individual Room, Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Decorative, See Remarks
Room Information
  • Flooring: Wood
  • Laundry, See Remarks
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Cooktop, Refrigerator, Water Heater
Interior Features
  • Built-in Features, Ceiling Fan(s), Ceramic Counters, Coffered Ceiling(s), Tile Counters
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Has Fence
  • Block, Good Condition
  • Other Structures: Storage
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: Assigned, Driveway Down Slope From Street, Garage, Garage Faces Front, Garage - Single Door
Lot Information
  • Lot Features: Landscaped, Rectangular Lot, Near Public Transit, Park Nearby, Sprinkler System, Up Slope from Street, Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 7250016012
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: North of 2nd St on Park Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 357 Park Ave

Last sold for $715,000 on June 11th, 2020

  • June, 2020

  • Jun 11, 2020

    Date

    Sold

    CRMLS: PW20031217

    $715,000

    Price

  • May 5, 2020

    Date

    Pending

    CRMLS: PW20031217

    $729,500

    Price

  • Apr 21, 2020

    Date

    Active Under Contract

    CRMLS: PW20031217

    $729,500

    Price

  • Apr 7, 2020

    Date

    Price Change

    CRMLS: PW20031217

    $729,500

    Price

  • Mar 24, 2020

    Date

    Active

    CRMLS: PW20031217

    $765,000

    Price

  • Mar 12, 2020

    Date

    Active Under Contract

    CRMLS: PW20031217

    $765,000

    Price

  • Feb 12, 2020

    Date

    Active

    CRMLS: PW20031217

    $765,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

Show More

Tax History for 357 Park Ave

Assessed Value (2020): $42,535
Year Land Value Improved Value Assessed Value
2020 $27,095 $15,440 $42,535

Home Value Compared to the Market

This property vs the competition

357 Park Ave sold on June 11, 2020 for 10.93% lower 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 $607.92 per/sqft which puts the price per square foot 3.2% lower than the current median sale per square foot for the city of Long Beach.

About 357 Park Ave

Detailed summary of property

357 Park Ave is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,200 living square feet, and sits on an approximately 2,127 square foot lot. 357 Park Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $715,000. 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 10.93% lower than the current median priced home. Local homes that are currently for sale include 3608 W Valencia Dr, 3606 W Valencia Dr and 11912 Elva Ave. While the average home in Long Beach, CA is selling in 65 days, 357 Park Ave has a days on market of 71 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. For more information on this home for sale at 357 Park 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 357 Park Ave

Public county record property details
Beds
2
Baths
2
Year built
1929
Sq. Ft.
1,200
Lot Size
2,127
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7250-016-012

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
$964,900
Median List Price/Sq.Ft.
$664
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
42
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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