2721 E Ocean Blvd

Long Beach, CA 90803 View Map $2,800,000 Ask a Question
Sq.Ft. Lot11,001
Year1953
Steve Nader

Steve Nader

(562) 370-1000
Ask a Question
Status: Sold
Property Type:Duplex
MLS #:PW20240398
Date Sold:4/29/2021
Lot Size:11,001 Sq. Ft.
County:Los Angeles
Investor Dream Location! Location! With $120K GSI Potential ~ Majestic Quarter- Acre Estate at Lands End in The Historical Bluff Park Neighborhood ~ A Stunning Sanctuary with Unobstructed Ocean Views and Manicured Grounds ~ Two Separate Homes with Unmatched Quality. A Unique Offering for the Discriminating Buyer. The Beautiful - Ocean View- Primary Residence: 3BR/ 2.25 BA, Over 2000 SQFT, Brick Single Story, Gourmet Kitchen, Natural Oak Flooring, Marble Fireplace Well Designed, Lg. Garage Area (580 SQFT) with More SecuredParking/Security Gate. A True Must See! The Incredible, Detached, Rear Ocean View Retreat is State of the Art and was Completed in 2018 with Blue Prints Available: 2BR/2.25BA with Over 1500 SQFT, Two-story Hideaway with Laundry Room, AC, Tankless W/H, Attached Two Car Garage, Plus Parking ~ The Beautiful Gardens are Drought Friendly, Certified Wildlife Habitat & includes Watering & Drainage System, Marble BBQ Serving Station with Refrigerator, Pergola, Outdoor Gas Fireplace. We Highly Suggest Reviewing the Attached Media to Help Comprehend the True Quality of this Incredible Property. The Options are Endless, One of a Kind Property with Ocean Views ~ Two Luxurious Homes ~ Primary Residence/Income/Extended Family or Guest House. Located about Mid-Point Between Cosmopolitan Downtown LB and Casual Belmont Shore. Bike and Run on the Beach. Weekly Farmers Market within walking distance. Unbeatable Location.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
4/29/2021$2,998,750$2,800,000-6.6%

Community Information

Address:2721 E Ocean Blvd Long Beach, CA 90803
Area:2 - Belmont Heights/ Alamitos Heights
County:Los Angeles
City:Long Beach
Subdivision:Bluff Park (Blf)
Zip Code:90803

Architecture

Year Built:1953
Stories:2
Style:Cape Cod, Traditional
Construction Materials: Brick, Drywall, Wood Siding, Copper Plumbing
Number of Buildings: 3
Total Units: 2
Stories Total: 2
Unit 1: 1 Unit•3 Beds•3 Baths•Unfurnished•$5,500 actual rent•$5,500 total rent•$5,500 pro forma
Unit 2: 1 Unit•2 Beds•3 Baths•Unfurnished•$4,000 actual rent•$4,000 total rent•$5,000 pro forma
Roof: Composition
Foundation: Raised
Garage Spaces: 4.0
Parking Features: Concrete, Door-Multi, Direct Access, Door-Single, Driveway, Garage, Garage Door Opener, Gated, Side By Side
Open Parking Spaces: 2.0
Parking Total: 6.0

Features / Amenities

Interior Features: Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Cathedral Ceilings, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Unfurnished, Wired for Sound, Main Level Master
Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Water Softener, Tankless Water Heater, Water To Refrigerator, Water Heater, Dryer, Washer
Fireplace Features: Gas, Living Room
Flooring: Carpet, Tile, Wood
Laundry: Washer Hookup, Inside, Laundry Room
Exterior Features: Barbecue, Lighting, Rain Gutters
Direction Faces: South
Door Features: French Doors
Other Structures: Second Garage, Guest House, Two On A Lot
Security Features: Pre Wired, Security System, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Security Lights
Window: Blinds, Casement Window(s), Double Pane Windows, Drapes, Screen(s), Tinted Windows
Common Walls: No Common Walls
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump

Property Features

Lot Size: 0.25 Acres / 11,001 Sq. Ft.
Lot Dimensions:55x200
Lot Features: Item01UnitAcre, Back Yard, DripIrrigationBubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Landscaped, NearPark, Near Public Transit, SprinklersTimer
Waterfront: Across the Road from Lake/Ocean, Across the Road Water Frontage, Ocean Side Of Highway
View: Catalina, Coastline, Ocean, Panoramic, Water
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Electric: 220 Volts in Garage
Road Frontage: City Street
Road Surface: Maintained, Paved
Fencing: Block, Brick, Security, Wrought Iron
Directions:On Ocean Blvd. between Temple and Molino

Tax and Financial Info

Buyer Financing: CashtoNewLoan
Gross Scheduled Income: $114,000
Net Operating Income: $70,655
Gardener Expense: $1,800
Insurance Expense: $2,861
New Taxes Expense: $37,484
Water/Sewer Expense: $1,200
Other Expense: $840
Operating Expense: $43,345
Terms: Cash, CashtoNewLoan
Total Actual Rent:
Disclosures: Historical

Schools

WALKING AND TRANSPORTATION

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Listing provided courtesy of Mollie Beck, Coldwell Banker Coastal Alliance.
Based on information from California Regional Multiple Listing Service, Inc. as of June 13, 2021. 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. IDX provided by Sierra Interactive.