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760 Ohio Ave, Long Beach, CA 90804
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760 Ohio Ave Long Beach, CA 90804

$1,245,000 Sold Price as of 10/19/2020
  • 4 Beds
  • 4 Baths
  • 2,417 Sq.Ft.
Sold
$1,245,000 Sold Price as of 10/19/2020 Refinance Your Mortgage
Map preview of 760 Ohio Ave, Long Beach, CA 90804

Property Overview: 760 Ohio Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,417 living square feet and 6,769 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***** Recent Price Reduction***** Recently remodeled craftsman style 2 bedroom, one bath house located in front with three apartment units behind. This property is perfect for an owner looking for additional rental income. The kitchen has been professionally upgraded with an island counter and stainless steel appliances. Yet, it retains the classic feel with it's polished hardwood floors and classic bathroom tile. The house has it's own private back yard and separate one car garage plus additional parking. The house is completely set part from the rental units for privacy. Seller has made arrangements for the house to be vacant as of October 31, 2020. Perfect for new owner to move in after escrow closing! The units in back of the house have a separate entrance and two garages accessed by an alley. There are two one bedroom units and one studio apartment. A storage room and laundry room is also provided for the tenant's convenience. ***An application has been submitted to the City of Long Beach to obtain a permit and certificate of occupancy for an Accessory Dwelling Unit ("ADU") for the one car garage which has previously been converted. This should bring in at least $800 per month additional revenue if approved.

Listed by W. Kurt Wood | BRE #00452182 | Belmont Brokerage & Mgmt. INC.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 150

Home details

Lot Sq. Ft
6,769
HOA Dues
$0/mo
Year built
1939
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
PW20044647
City
Long Beach
County
Los Angeles
Time on Site
1376 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,476
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $1,476
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,025
  • Total Rent: $1,025
  • Pro Forma/Market Rent: $1,263
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $2,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,940
  • Net Operating Income: $39,567
  • Gross Operating Income: --
  • # of Rented Garages: 3
  • Garage Rental Rate: $75
  • Garage Rental Income: $150
Annual Expense Breakdown
  • Total Operating Expense: $32,373
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Gardener: $0
  • Insurance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 760 Ohio Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Living Room
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
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: Front Yard, Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7262017011
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: House address is 764 Ohio, the apartment units are 760, 762, 766 Ohio-located north of 7th St.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 760 Ohio Ave

Last sold for $1,245,000 on October 19th, 2020

  • October, 2020

  • Oct 21, 2020

    Date

    Sold

    CRMLS: PW20044647

    $1,245,000

    Price

  • Oct 2, 2020

    Date

    Active Under Contract

    CRMLS: PW20044647

    $1,245,000

    Price

  • Sep 6, 2020

    Date

    Pending

    CRMLS: PW20044647

    $1,245,000

    Price

  • Aug 31, 2020

    Date

    Price Change

    CRMLS: PW20044647

    $1,245,000

    Price

  • Jul 27, 2020

    Date

    Price Change

    CRMLS: PW20044647

    $1,295,000

    Price

  • Jul 27, 2020

    Date

    Active

    CRMLS: PW20044647

    $1,245,000

    Price

  • Jul 9, 2020

    Date

    Pending

    CRMLS: PW20044647

    $1,245,000

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: PW20044647

    $1,245,000

    Price

  • Jun 26, 2020

    Date

    Pending

    CRMLS: PW20044647

    $1,245,000

    Price

  • Mar 17, 2020

    Date

    Price Change

    CRMLS: PW20044647

    $1,245,000

    Price

  • Mar 17, 2020

    Date

    Active

    CRMLS: PW20044647

    $1,295,000

    Price

  • Mar 9, 2020

    Date

    Pending

    CRMLS: PW20044647

    $1,295,000

    Price

  • Feb 29, 2020

    Date

    Active

    CRMLS: PW20044647

    $1,295,000

    Price

  • October, 2020

  • Oct 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,245,000

    Price

  • September, 2003

  • Sep 26, 2003

    Date

    Sold (Public Records)

    Public Records

    $617,500

    Price

Show More

Tax History for 760 Ohio Ave

Assessed Value (2020): $802,767
Year Land Value Improved Value Assessed Value
2020 $364,007 $438,760 $802,767

Home Value Compared to the Market

This property vs the competition

760 Ohio Ave sold on October 19, 2020 for 63.82% higher than the current median sold price for the city of Long Beach which is $760,000. The median sold price per/sqft for Long Beach is $633 and this home is sold at $515.1 per/sqft which puts the price per square foot 18.63% lower than the current median sale per square foot for the city of Long Beach.

About 760 Ohio Ave

Detailed summary of property

760 Ohio Ave is a single family home that recently sold in Long Beach, CA 90804. This house offered 4 bedrooms, 4 bathrooms, roughly 2,417 living square feet, and sits on an approximately 6,769 square foot lot. 760 Ohio Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,245,000. Home in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 63.82% higher than the current median priced home. Local homes that are currently for sale include 169 Quincy Ave, 169 Quincy and 234 Nieto Ave. While the average home in Long Beach, CA is selling in 54 days, 760 Ohio Ave has a days on market of 150 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 760 Ohio 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 760 Ohio Ave

Public county record property details
Beds
4
Baths
4
Year built
1939
Sq. Ft.
2,417
Lot Size
6,768
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16,18
APN
7262-017-011

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
$519,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$642,000
Median Sold Price/Sq.Ft.
$584
Total Inventory
41
Median Sale to List Price %
95.82%
Avg Days on Market
25
Loan Type
Conventional (83.33%), FHA (0%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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(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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