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732 Newport Ave, Long Beach, CA 90804
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732 Newport Ave Long Beach, CA 90804

$1,320,000 Sold Price as of 08/20/2020
  • 9 Beds
  • 7 Baths
  • 4,974 Sq.Ft.
Sold
$1,320,000 Sold Price as of 08/20/2020 Refinance Your Mortgage
Map preview of 732 Newport Ave, Long Beach, CA 90804

Property Overview: 732 Newport Ave Long Beach, CA has 9 bedrooms, 7 bathrooms, 4,974 living square feet and 6,066 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: $109,000 PRICE DROP!! 1980'S CONSTRUCTED 4-PLEX IN A PRIME LOCATION OF EASTSIDE LONG BEACH, CLOSE TO BELMONT SHORE AND CAL STATE LONG BEACH! THIS PROPERTY HAS HUGE UNITS WITH TOTAL OF 4974 SQ. FT. WITH A LARGE 3 BED/2 BATH TOWNHOUSE IN REAR OF PROPERTY! PERFECT FOR OWNER USER TO LIVE IN AND COLLECT RENT FOR MORTGAGE OR INVESTOR TO RENT ALL 4! UNIT MIX: 1- 3 BED/ 2BATH , 2- 2BED/2BATH, 1- 2BED/ 1.25 BATH. FIRST TIME THIS PROPERTY HAS BEEN SOLD IN 36 YEARS! ORIGINAL LONG TERM OWNER WITH COMPLETE PRIDE OF OWNERSHIP! SELLER PAYS WATER ONLY. TENANTS PAY ALL OTHER UTILITIES. HURRY THIS PROPERTY WILL NOT LAST LONG!

Listed by Kristina Moore | BRE #01926377 | The Moore Group
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
6,066
HOA Dues
$0/mo
Year built
1986
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20051304
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $1,285
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $68,380
  • Net Operating Income: $46,511
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,829
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 732 Newport Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7258024020
  • 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: Eastside (ES)
  • Directions: NEWPORT AVE. / 7th
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 732 Newport Ave

Last leased for $3,495 on April 19th, 2021

  • April, 2021

  • Apr 19, 2021

    Date

    Leased

    CRMLS: PW20263581

    $3,495

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: PW20263581

    $3,495

    Price

  • Mar 25, 2021

    Date

    Hold

    CRMLS: PW20263581

    $3,495

    Price

  • Dec 31, 2020

    Date

    Active

    CRMLS: PW20263581

    $3,495

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW REMODELED 3 bedroom/ 2 bathroom TOWNHOUSE!!! Walk in to this 2 story townhouse featuring a HUGE beautiful great room with cathedral ceilings and brand new kitchen with quartz countertops and all new stainless steel appliances included! Full size WASHER / DRYER hookups inside this unit!! Downstairs has a bathroom and 2 bedrooms and upstairs has the 3rd bedroom which is the HUGE master suite with a full size shower and big soaking bathtub! All bathrooms are brand new with custom tile finishes and new fixtures! Hardwood floor throughout the entire townhouse. This unit comes with a private 2 car garage. Owner pays water. Pictures will be uploaded soon! It is all white/ grey modern design inside! Hurry and come see, this is so much more than the normal 3 bedroom, its a full house!

  • February, 2021

  • Feb 24, 2021

    Date

    Leased

    CRMLS: PW20263574

    $2,495

    Price

  • Dec 31, 2020

    Date

    Active

    CRMLS: PW20263574

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW REMODELED TOWNHOUSE!!! Walk in to this beautiful family room featuring a marble fireplace and brand new kitchen with quartz countertops and all new stainless steel appliances! Full size WASHER / DRYER hookups inside this unit!! Downstairs has a bathroom for guests and upstairs has 2 bedrooms and 2 bathrooms! All brand new with custom tile finishes and master bedroom suite! Hardwood floor throughout the entire townhouse. This unit comes with 1 car garage. Additional garage is available for an extra $100. Owner pays water. Professional Pictures will be uploaded soon! It is all white/ grey modern design inside! Hurry and come see this is so much more than the normal 2 bedroom it wont last long!

  • January, 2021

  • Jan 2, 2021

    Date

    Expired

    CRMLS: PW20264838

    $2,495

    Price

  • Dec 31, 2020

    Date

    Active

    CRMLS: PW20264838

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW REMODELED TOWNHOUSE!!! Walk into this beautiful family room featuring a brand new kitchen with quartz countertops and all new stainless steel appliances included! Full size WASHER / DRYER hookups inside this unit!! Upstairs has 2 bedrooms and 2 bathrooms! All brand new with custom tile finishes and master bedroom suite! Hardwood floor throughout the entire townhouse. This unit comes with 1 car garage. Additional garage is available for an extra $100. Owner pays water. Pictures will be uploaded soon! It is all white/ grey modern design inside! Hurry and come see, this is so much more than the normal 2 bedroom it wont last long!

  • August, 2020

  • Aug 21, 2020

    Date

    Sold

    CRMLS: PW20051304

    $1,320,000

    Price

  • Jun 19, 2020

    Date

    Pending

    CRMLS: PW20051304

    $1,390,000

    Price

  • May 14, 2020

    Date

    Price Change

    CRMLS: PW20051304

    $1,390,000

    Price

  • May 14, 2020

    Date

    Active

    CRMLS: PW20051304

    $1,499,000

    Price

  • Mar 22, 2020

    Date

    Hold

    CRMLS: PW20051304

    $1,499,000

    Price

  • Mar 10, 2020

    Date

    Active

    CRMLS: PW20051304

    $1,499,000

    Price

  • August, 2020

  • Aug 20, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,320,000

    Price

Show More

Tax History for 732 Newport Ave

Assessed Value (2020): $617,462
Year Land Value Improved Value Assessed Value
2020 $209,678 $407,784 $617,462

Home Value Compared to the Market

This property vs the competition

732 Newport Ave sold on August 20, 2020 for 69.72% 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 $279.45 per/sqft which puts the price per square foot 55.5% lower than the current median sale per square foot for the city of Long Beach.

About 732 Newport Ave

Detailed summary of property

732 Newport Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 9 bedrooms, 7 bathrooms, roughly 4,974 living square feet, and sits on an approximately 6,066 square foot lot. 732 Newport Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,320,000. 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 69.72% higher than the current median priced home. Local homes that are currently for sale include 35 Ximeno Ave, 436 Gaviota Ave and 1640 E Erie St. While the average home in Long Beach, CA is selling in 62 days, 732 Newport Ave has a days on market of 48 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 732 Newport Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 732 Newport Ave

Public county record property details
Beds
9
Baths
9
Year built
1986
Sq. Ft.
4,974
Lot Size
6,009
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7258-024-020

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 732 Newport Ave

748 Newport Ave, Long Beach, CA 90804
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754 Newport Ave, Long Beach, CA 90804
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9 Beds
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754 Newport Ave
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771 Newport Ave, Long Beach, CA 90804
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9 Beds
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771 Newport Ave
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732 Redondo Ave, Long Beach, CA 90804
$1,343,000 Last Sold Price
6 Beds
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732 Redondo 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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