843 Belmont Ave, Long Beach, CA 90804
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843 Belmont Ave Long Beach, CA 90804

$1,775,000 Sold Price as of 07/14/2020
  • 8 Beds
  • 6 Baths
  • 4,648 Sq.Ft.
Sold
$1,775,000 Sold Price as of 07/14/2020 Refinance Your Mortgage

Map preview of 843 Belmont Ave, Long Beach, CA 90804

Property Overview: 843 Belmont Ave Long Beach, CA has 8 bedrooms, 6 bathrooms, 4,648 living square feet and 6,527 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, Location, Charm and Location. This 1928 Spanish Style two story is loaded with CHARM, original wood floors have all been restored, units have coved ceilings, mock fireplaces, original Mahogany wood builtins, remodeled baths to period, many with updated kitchens, some units include their own washer and dryer, and property is located in a parklike setting with mature landscaping and on a more then 6500 sq ft lot. 5 full size garages in the back, as parking is a true luxury here. Great long term tenants, building always stays rented as this is one of the most desirable locations, convenient to top-rated school systems, Recreation Park, minutes from Belmont Shore and the ocean, this location can not be beat. Don't let this Spanish charmer pass you by, current owner has owned it nearly 20 years

Listed by Michael Barber | BRE #01332558 | Coldwell Banker Coastal Alliance
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
6,527
HOA Dues
$0/mo
Year built
1928
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20077513
City
Long Beach
County
Los Angeles
Time on Site
1399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 6
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $125,280
  • Net Operating Income: $120,048
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $150
  • Garage Rental Income: $150
  • Laundry Income: $40
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $5,232
  • Electric: $492
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Gardener: $600
  • Insurance: $2,400
  • Professional Management: $0
  • Water/Sewer: $1,248

Property Details for 843 Belmont Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Inside
Room Information
  • Flooring: Wood
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
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: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 7254018018
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Heights (AH)
  • Directions: Between 7th and 10th, just east of Termino
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 843 Belmont Ave

Last sold for $1,775,000 on July 14th, 2020
  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: WS20224012

    $1,775

    Price

  • Oct 27, 2020

    Date

    Pending

    CRMLS: WS20224012

    $1,775

    Price

  • Oct 23, 2020

    Date

    Active

    CRMLS: WS20224012

    $1,775

    Price

  • Listing provided courtesy of CRMLS

    Spanish Style Belmont Heights. 1 Bedroom with a single car garage in a gorgeous 1928. The restored apartment, featuring restored original hardwood floors, covered ceilings, a mock fireplace, updated kitchen and bath, all new designer paint, a beautiful formal dining room with an arched doorway, an extra-large storage closet that can fit a bike or other large items. The place has lots of windows and natural light. Wonderful symmetry and charm. This is in a quiet 6 unit building with beautiful grounds and rarely a vacancy and comes with its own secure garage. Close to Recreation Park, Wilson High. Walking distance to the dog park, Greenbelt hiking trail, and golf course. Pet friendly.

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: WS20235002

    $2,299

    Price

  • Dec 12, 2020

    Date

    Pending

    CRMLS: WS20235002

    $2,299

    Price

  • Nov 7, 2020

    Date

    Active

    CRMLS: WS20235002

    $2,299

    Price

  • Listing provided courtesy of CRMLS

    Spanish Style Belmont Heights. Upstairs 2 Bedroom with a single car garage in a gorgeous 1928 building. Has great views and plenty of light. The restored apartment, featuring restored original hardwood floors, covered ceilings, a mock fireplace, updated kitchen and bath, all new designer paint, a beautiful formal dining room with an arched doorway. The place has lots of windows and natural light. Wonderful symmetry and charm. This is in a quiet 6 unit building with beautiful grounds and rarely a vacancy and comes with its own secure garage. Close to Recreation Park, Wilson High. Walking distance to the dog park, Greenbelt hiking trail, and golf course. Pet friendly.

  • July, 2020

  • Jul 15, 2020

    Date

    Sold

    CRMLS: PW20077513

    $1,775,000

    Price

  • Jun 11, 2020

    Date

    Active Under Contract

    CRMLS: PW20077513

    $1,799,000

    Price

  • May 25, 2020

    Date

    Price Change

    CRMLS: PW20077513

    $1,799,000

    Price

  • Apr 22, 2020

    Date

    Active

    CRMLS: PW20077513

    $1,850,000

    Price

  • July, 2020

  • Jul 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,775,000

    Price

  • August, 2019

  • Aug 21, 2019

    Date

    Canceled

    CRMLS: PW19103372

    $1,895,000

    Price

  • May 4, 2019

    Date

    Active

    CRMLS: PW19103372

    $1,895,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2002

  • Jul 26, 2002

    Date

    Sold (Public Records)

    Public Records

    $605,000

    Price

Show More

Tax History for 843 Belmont Ave

Assessed Value (2020): $801,197
Year Land Value Improved Value Assessed Value
2020 $357,557 $443,640 $801,197

Home Value Compared to the Market

This property vs the competition

843 Belmont Ave sold on July 14, 2020 for 124.88% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $387.05 per/sqft which puts the price per square foot 38.76% lower than the current median sale per square foot for the city of Long Beach.

About 843 Belmont Ave

Detailed summary of property

843 Belmont Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 4,648 living square feet, and sits on an approximately 6,527 square foot lot. 843 Belmont Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,775,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 124.88% higher than the current median priced home. Local homes that are currently for sale include 2507 E 14th St, 1120 Stanley Ave and 102 La Verne Ave. While the average home in Long Beach, CA is selling in 51 days, 843 Belmont Ave has a days on market of 43 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 843 Belmont 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 843 Belmont Ave

Public county record property details
Beds
8
Baths
6
Year built
1928
Sq. Ft.
4,648
Lot Size
6,526
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7254-018-018

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
$515,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
53
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 843 Belmont 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.