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662 Quincy Ave, Long Beach, CA 90814
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662 Quincy Ave Long Beach, CA 90814

$1,445,000 Sold Price as of 10/13/2023
  • 5 Beds
  • 3 Baths
  • 2,891 Sq.Ft.
Sold
$1,445,000 Sold Price as of 10/13/2023 Refinance Your Mortgage
Map preview of 662 Quincy Ave, Long Beach, CA 90814

Property Overview: 662 Quincy Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,891 living square feet and 5,124 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own a triplex with a pool in a highly desirable Belmont Heights neighborhood! With a total of 5 bedrooms, 3 bathrooms, and a generous 2,891 SF, this triplex is a true gem. All units separately metered for gas and electricity. All units are currently occupied, photos of the units on MLS are from 2020 & 2022 before they were rented. Minutes away from Woodrow Wilson High School, Blair Field, Recreation Area, California State University, Colorado Lagoon, Marina Vista Park, shopping center, restaurant and transportation links. The property is under rent control subject to California Assembly Bill 1482. Property is being sold AS IS and WHERE IS with current tenant in place. Buyer to conduct their own investigations.

Listed by Vineendra Jain | BRE #01413466 | Ingenious Asset Group, Inc.
Last checked: 4 minutes ago | Last updated: October 14th, 2023 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
5,124
HOA Dues
$0/mo
Year built
1932
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
23293817
City
Long Beach
County
Los Angeles
Time on Site
420 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $5,200
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,425
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.42%
  • Gross Rent Multiplier: 17.55
  • Gross Scheduled Income: --
  • Net Operating Income: $47,726
  • Gross Operating Income: $79,500
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 662 Quincy Ave

Interior Features
Heating Information
  • Has Heating
  • Fireplace(s)
Laundry Information
  • Has Laundry
  • Washer Included
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile, Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave, Gas Cooktop, Range Hood, Oven
Interior Features
  • Ceiling Fan(s), Crown Molding, Recessed Lighting
  • Levels: Two
  • Window Features: French/Mullioned
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door, Covered
Lot Information
  • Lot Features: Front Yard, Lawn, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Golf Course
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7241017007
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Southwest of Pacific Coast Hwy, East of Ximeno Ave., North of E. 4th St. and South of E. 7th St.
View more facts & features

Local Long Beach Agent

Sale History for 662 Quincy Ave

Last sold for $1,445,000 on October 13th, 2023

  • October, 2023

  • Oct 13, 2023

    Date

    Sold

    CRMLS: 23293817

    $1,445,000

    Price

  • Jul 27, 2023

    Date

    Active

    CRMLS: 23293817

    $1,395,000

    Price

  • March, 2013

  • Mar 29, 2013

    Date

    Sold (Public Records)

    Public Records

    $930,000

    Price

Show More

Tax History for 662 Quincy Ave

Assessed Value (2020): $1,047,159
Year Land Value Improved Value Assessed Value
2020 $731,887 $315,272 $1,047,159

Home Value Compared to the Market

This property vs the competition

662 Quincy Ave sold on October 13, 2023 for 70.33% 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 $482.53 per/sqft which puts the price per square foot 23.16% lower than the current median sale per square foot for the city of Long Beach.

About 662 Quincy Ave

Detailed summary of property

662 Quincy Ave is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,891 living square feet, and sits on an approximately 5,124 square foot lot. 662 Quincy Ave was first listed on ArdentRealEstateGroup.com on July 27, 2023. The homeowner sold the property for $1,445,000. 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 70.33% higher than the current median priced home. Local homes that are currently for sale include 1761 Redondo Ave, 2624 E 6th St and 2311 E 6th St. While the average home in Long Beach, CA is selling in 62 days, 662 Quincy Ave has a days on market of 34 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 662 Quincy 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 662 Quincy Ave

Public county record property details
Beds
5
Baths
3
Year built
1932
Sq. Ft.
2,891
Lot Size
5,124
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
12
APN
7241-017-007

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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Recently Sold Homes Near 662 Quincy Ave

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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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