777 Obispo Ave, Long Beach, CA 90804
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777 Obispo Ave Long Beach, CA 90804

$995,000
  • 3 Beds
  • 2 Baths
  • 1,638 Sq.Ft.
For Sale
$995,000 Get Pre-Qualified

Map preview of 777 Obispo Ave, Long Beach, CA 90804

Property Overview: 777 Obispo Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,638 living square feet and 6,508 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled in the sought-after Rose Park neighborhood of Long Beach, this inviting duplex presents a unique opportunity for both comfortable living and investment potential. The front unit is a spacious and thoughtfully designed 2-bedroom, 1-bathroom residence that exudes warmth and charm. It features a recently updated bathroom that has been meticulously renovated with contemporary fixtures and stylish finishes, adding a touch of modern elegance to the space. Generous windows throughout the unit allow for an abundance of natural light, creating a bright and airy environment that's perfect for relaxing or entertaining. The unit also boasts a welcoming front porch, ideal for enjoying the outdoors and connecting with the neighborhood. In addition to the main unit, the back unit offers a cozy 1-bedroom, 1-bathroom studio. This charming space provides a versatile living option, whether for extended family, guests, or as a rental income opportunity. Like the front unit, the studio benefits from ample natural light, contributing to its inviting and cheerful ambiance.The property itself sits on a substantial lot with significant potential for future development. The expansive space allows for various possibilities, including the option to extend the current structure. This flexibility makes it a valuable investment in a vibrant and growing community. The property is complemented by a 1-car detached garage and a long, private driveway, offering convenient off-street parking and additional storage options. With its combination of functional living spaces, modern upgrades, and promising development opportunities, this duplex is a compelling choice for those looking to make a smart real estate investment in Long Beach.

Listed by Callum Moloney | BRE #02060968 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: August 30th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,508
HOA Dues
$0/mo
Year built
1928
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
OC24155275
City
Long Beach
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $11,400
  • Net Operating Income: $10,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $500
  • Electric: $866
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $12,000
  • Water/Sewer: $440

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Property Details for 777 Obispo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Freezer, Gas Oven, Gas Range, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s), Granite Counters, Storage
  • Levels: One
  • Window Features: Wood Frames
Exterior Features
Exterior Information
  • Roof: Composition
  • Awning(s)
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7258020009
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: Follow GPS
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights
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Sale History for 777 Obispo Ave

Last sold for $512,500 on January 27th, 2016
  • August, 2024

  • Aug 29, 2024

    Date

    Active

    CRMLS: OC24155275

    $995,000

    Price

  • January, 2016

  • Jan 27, 2016

    Date

    Sold (Public Records)

    Public Records

    $512,500

    Price

  • December, 2015

  • Dec 31, 2015

    Date

    Price Change

    CRMLS: PW15268106

    $549,000

    Price

  • Listing provided courtesy of CRMLS

    Two on a lot. Front house is a two bedroom one bath Craftsman with an updated kitchen, hardwood floors, updated bath and spacious living area. The rear house is a one bedroom fixer. Both properties have their own yards and separate parking.

  • June, 2001

  • Jun 1, 2001

    Date

    Sold (Public Records)

    Public Records

    $213,000

    Price

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Tax History for 777 Obispo Ave

Assessed Value (2020): $554,744
Year Land Value Improved Value Assessed Value
2020 $378,850 $175,894 $554,744

Home Value Compared to the Market

This property vs the competition

777 Obispo Ave is listed 26.75% higher than the median list price for the city of Long Beach which has a median list price of $785,000. The median price per/sqft for Long Beach is $648 and this home is listed at $607.45 per/sqft which puts the price per square foot 6.26% lower than the median price per square foot for the city of Long Beach.

About 777 Obispo Ave

Detailed summary of property

777 Obispo Ave is a duplex located in Long Beach, CA 90804 and is currently for sale. This duplex offers 3 bedrooms, 2 bathrooms, roughly 1,638 living square feet, and sits on an approximately 6,508 square foot lot. 777 Obispo Ave was first listed on ArdentRealEstateGroup.com on August 29, 2024. The homeowner is currently asking $995,000. The median priced home in Long Beach is $785,000 with a median price per square foot of $648. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 26.75% higher than the median priced home. Local competing homes currently for sale include 1132 E Arcadia Court, 1039 E 10th St and 1125 E 17th St. While the average home in Long Beach, CA is selling in 61 days, 777 Obispo Ave has a days on market of 17 days. There are currently 778 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 337 of them are condos and 22 are townhomes. For more information on this home for sale at 777 Obispo 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 777 Obispo Ave

Public county record property details
Beds
3
Baths
2
Year built
1928
Sq. Ft.
1,636
Lot Size
6,508
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7258-020-009

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%)

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Related Resources to 777 Obispo Ave

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.