40 Belmont Ave Long Beach, CA 90803

$--

4 Beds
6 Baths
2,336 Sq.Ft.

Off Market

Map preview of 40 Belmont Ave, Long Beach, CA 90803

Property Overview: 40 Belmont Ave Long Beach, CA has 4 bedrooms, 6 bathrooms, 2,336 living square feet and 4,725 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

40 Belmont Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $769,000. The median price per/sqft for Long Beach is $648. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $153,800 for the down payment and will need roughly $15,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 40 Belmont Ave

Last sold on May 27th, 1998

March, 2020
Mar 24, 2020

Date

Canceled

CRMLS: PW19219580

$1,850,000

Price
Jan 22, 2020

Date

Pending

CRMLS: PW19219580

$1,850,000

Price
Jan 7, 2020

Date

Active Under Contract

CRMLS: PW19219580

$1,850,000

Price
Sep 18, 2019

Date

Active

CRMLS: PW19219580

$1,850,000

Price
Listing provided courtesy of CRMLS

40 Belmont Ave. is an six-unit investment asset located less than one block from the beach in highly sought-after Belmont Shore. Belmont Shore is one of the premiere rental markets in Long Beach, ranked as the "#1 Best Neighborhood for Young Professionals" by Niche. Residents enjoy convenient access to the ocean and bay beaches, as well as the bike path running through Alamitos Beach to Downtown Long Beach. A multitude of restaurants, bars, coffee shops and boutiques along 2nd Street are within walking distance, just three blocks away. The property offers all cottage-style units with a mix of (4) one-bedroom/one-baths and (2) studios. All units have been lightly renovated with custom paint and vinyl plank flooring . The building is individually metered for gas & electric and offers five individual garages. 40 Belmont Ave. offers a solid investment asset just steps from the beach in one of most desirable rental markets in Southern California.

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September, 2019
Sep 17, 2019

Date

Canceled

CRMLS: PW19065898

$2,025,000

Price
Aug 22, 2019

Date

Withdrawn

CRMLS: PW19065898

$2,025,000

Price
Aug 20, 2019

Date

Active

CRMLS: PW19065898

$2,025,000

Price
Aug 20, 2019

Date

Withdrawn

CRMLS: PW19065898

$2,025,000

Price
Jun 25, 2019

Date

Price Change

CRMLS: PW19065898

$2,025,000

Price
Jun 5, 2019

Date

Price Change

CRMLS: PW19065898

$2,000,000

Price
Jun 5, 2019

Date

Price Change

CRMLS: PW19065898

$2,200,000

Price
Mar 25, 2019

Date

Active

CRMLS: PW19065898

$5,200,000

Price
Listing provided courtesy of CRMLS

40 Belmont Ave, is a 6 unit apartment building, built in 1922. The property has a single story layout and has 5 garages for lease. Please Note: 30 Belmont Ave., located next door, is also available. 30 Belmont Ave. was built in 1948 and has 8 units. The properties are available together or separately.

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May, 1998
May 27, 1998

Date

Sold (Public Records)

Public Records

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Price

Tax History for 40 Belmont Ave

Assessed Value (2020): $140,938

Year	Land Value	Improved Value	Assessed Value
2020	$110,498	$30,440	$140,938

About 40 Belmont Ave

Detailed summary of property

40 Belmont Ave is categorized with a use code of Apartment House (5+ Units) in Long Beach, CA 90803 and is currently off market. This property has 4 bedrooms, 6 bathrooms, roughly 2,336 living square feet, and sits on an approximately 4,725 square foot lot. Homes in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Local nearby listings include 3335 E Ocean Blvd, 4225 E 3rd St and 3320 E 1st St. The average home in Long Beach, CA is selling in 65 days. There are currently 781 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 341 of them are condos and 20 are townhomes. If you are the homeowner and looking to sell the home at 40 Belmont 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 40 Belmont Ave

Public county record property details

Beds: 4
Baths: 6
Year built: 1922
Sq. Ft.: 2,336
Lot Size: 4,725
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5,6
APN: 7256-038-018

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

$1,600,000

Median List Price/Sq.Ft.

$824

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$755

Total Inventory

123

Median Sale to List Price %

100.2%

Avg Days on Market

Loan Type

Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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(714) 706-1823

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