43 Belmont Ave

Long Beach, CA 90803 View Map $1,568,000 Ask a Question
Sq.Ft. Lot3,128
Year1932
43 Belmont Ave Long Beach, CA 90803 | MLS PW21032374 Photo 1
43 Belmont Ave Long Beach, CA 90803 | MLS PW21032374 Map
Steve Nader

Steve Nader

(562) 370-1000
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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:PW21032374
Date Sold:5/12/2021
Lot Size:3,128 Sq. Ft.
County:Los Angeles
Fantastic Spanish Duplex just steps off the beach. Beautifully remodeled duplex with a non-conforming third unit over garages.
Harwood floors throughout, original spanish tile bathrooms in excellent condition. Beautifully remodeled kitchens each unit has 3 bedrooms, 2 baths, formal dining rooms. Both front units have indoor laundry.
Walking to anything and everything from beach to pier to Von's. New windows, plumbing and electrical throughout. Tankless water heaters and 3 garages. peek a boo ocean view from upstairs.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
3/26/2021$1,695,000$1,645,000-2.9%
5/14/2021$1,645,000$1,568,000-4.7%

Community Information

Address:43 Belmont Ave Long Beach, CA 90803
Area:1 - Belmont Shore/Park/Naples/Marina Pac/Bay Hrbr
County:Los Angeles
City:Long Beach
Subdivision:Belmont Shore (Bsd)
Zip Code:90803

Architecture

Year Built:1932
Stories:2
Style:Spanish
Construction Materials: Adobe
Number of Buildings: 2
Total Units: 3
Unit 1: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,550 actual rent•$3,550 total rent•$3,550 pro forma
Unit 2: 1 Unit•1 Bed•1 Bath•Unfurnished•$1,000 actual rent•$1,000 total rent•$1,200 pro forma
Unit 3: 1 Unit•3 Beds•2 Baths•Unfurnished•$3,250 actual rent•$3,250 total rent•$3,500 pro forma
Roof: Rolled/Hot Mop, Spanish Tile
Garage Spaces: 3.0
Parking Features: Garage Faces Rear
Parking Total: 3.0

Features / Amenities

Interior Features: Balcony, Stone Counters, Unfurnished
Appliances: Gas Range
Flooring: Wood
Laundry: Laundry Room
Other Structures: Guest House
Window: Double Pane Windows
Common Walls: No Common Walls

Property Features

Lot Size: 0.07 Acres / 3,128 Sq. Ft.
Lot Features: NoLandscaping
Waterfront: Ocean Access
View: Peek-A-Boo
Sewer: SewerTapPaid
Water: Public
Fencing: Wood
Zoning:LBR4R
Directions:just off ocean, but come in from first

Tax and Financial Info

Buyer Financing: CashtoLoan, CashtoNewLoan, CashtoSecondLoan
Current Financing: Conventional
Contingency: buyer to cooperate with seller's 1031 exchange
Gross Income: $51,000
Gross Scheduled Income: $93,000
Net Operating Income: $64,800
Electric Expense: $500
Insurance Expense: $3,000
New Taxes Expense: $22,000
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Schools

WALKING AND TRANSPORTATION

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Listing provided courtesy of Todd Turley, 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.