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509 Rose Ave, Long Beach, CA 90802
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509 Rose Ave Long Beach, CA 90802

$1,278,000 Sold Price as of 06/21/2023
  • 13 Beds
  • 7.5 Baths
  • 4,066 Sq.Ft.
Sold
$1,278,000 Sold Price as of 06/21/2023 Refinance Your Mortgage
Map preview of 509 Rose Ave, Long Beach, CA 90802

Property Overview: 509 Rose Ave Long Beach, CA has 13 bedrooms, 7.5 bathrooms, 4,066 living square feet and 7,524 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 507-509 Rose Avenue is comprised of two (2) houses on a 7,542-square-foot parcel in Alamitos Beach, Long Beach. The front house, 509, is comprised of six (6) bedrooms and three (3) bathrooms with a laundry room off of the kitchen. The rear house, 507, is comprised of seven (7) bedrooms and 4.5 bathrooms. The property features and enclosed yard along with three (3) single car garages and one (1) two-car tandem uncovered parking space.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Co-listed by Larry Bustamante | BRE #00762602 | Keller Williams - Santa Monica
Last checked: 7 minutes ago | Last updated: June 21st, 2023 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
7,524
HOA Dues
$0/mo
Year built
1990
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23027863
City
Long Beach
County
Los Angeles
Time on Site
579 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 6
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,660
  • Total Rent: $2,660
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 7
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,910
  • Total Rent: $4,910
  • Pro Forma/Market Rent: $6,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,040
  • Net Operating Income: $54,486
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $37,703
  • Licenses: $700
  • New Taxes: $16,425
  • Trash: $0
  • Gardener: $600
  • Insurance: $3,456
  • Maintenance: $1,200
  • Professional Management: $4,609
  • Water/Sewer: $9,613
  • Other Expenses: $600
  • Other Expense Description: Reserves

Property Details for 509 Rose Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7266021006
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: E 7th St & Rose Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 509 Rose Ave

Last sold for $1,278,000 on June 21st, 2023

  • June, 2023

  • Jun 21, 2023

    Date

    Sold

    CRMLS: PW23027863

    $1,278,000

    Price

  • Feb 18, 2023

    Date

    Active

    CRMLS: PW23027863

    $1,295,000

    Price

Tax History for 509 Rose Ave

Assessed Value (2020): $271,980
Year Land Value Improved Value Assessed Value
2020 $105,766 $166,214 $271,980

Home Value Compared to the Market

This property vs the competition

509 Rose Ave sold on June 21, 2023 for 58.12% 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 $318.49 per/sqft which puts the price per square foot 49.28% lower than the current median sale per square foot for the city of Long Beach.

About 509 Rose Ave

Detailed summary of property

509 Rose Ave is a duplex that recently sold in Long Beach, CA 90802. This duplex offered 13 bedrooms, 7.5 bathrooms, roughly 4,066 living square feet, and sits on an approximately 7,524 square foot lot. 509 Rose Ave was first listed on ArdentRealEstateGroup.com on February 18, 2023. The homeowner sold the property for $1,278,000. 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 58.12% higher than the current median priced home. Local homes that are currently for sale include 251 Loma Ave, 4024 E 5th Street and 1021 Pacific Ave. While the average home in Long Beach, CA is selling in 62 days, 509 Rose Ave has a days on market of 93 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 509 Rose Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 509 Rose Ave

Public county record property details
Beds
9
Baths
5
Year built
1990
Sq. Ft.
4,066
Lot Size
7,523
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
7266-021-006

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$569,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
173
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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