437 Newport Ave., Long Beach, CA 90814 - SW20201326 - iPro Real Estate
iPro Real Estate

iPro Real Estate

437 Newport Ave.
Long Beach, CA 90814

Sold, Multi-Family/Income Sale

For Sale

$1,570,000 $236.89 per sqft

Free Professional CMA

Listing ID : SW20201326

  • Garage

    4
  • Lot Size

    6,750 Sqft
  • Year

    1971

Description

Excellent opportunity to own a 4-plex apartment building (statewide) in the heart of Long Beach, CA. Close to Long Beach State University, 10 minutes to the beach, minutes away to the Veteran's hospital, and close to freeways. A great value complex. Unit 1 offers appox 1800 sqft., 3 Bed/2 Bath, fireplace, and 2 car detached garage. Unit 2 offers 1100 sqft., 2 Bed/ 1 Bath, and 1 car detached garage. Unit 3 offers 1395 sqft., 2 Bed/ 1.5 Bath, and 1 car detached garage. Unit 4 offers 1395 sqft., 2 Bed/1.5 Bath, and 1 car detached garage. See current rent schedules. Tenant paid community laundry. Tenant pays own electric and water. Trash and sewer is added onto tenant's rent. All electric units, no gas. Wall heaters, some ceiling fans, and roof Is in good condition. Please follow all guidelines pertaining to COVID-19 regulations.

Details

Type: Multi-Family/Income Sale 
Subdivision: 2 - Belmont Heights, Alamitos Heights 
County: Los Angeles 
Security Features: Smoke Detector(s)/Alarm(s) 
Tax ID: 7257002017
Access Features: Other 
Amenities: Other, Window Covering(s), Screens 
Construction Type: Concrete , Other 
Energy Saving: Ceiling Fan(s) 
Foundation: Concrete Slab 
Kitchen: Dishwasher, Other, Garbage Disposal 
Laundry: Laundry Area, In Laundry Room 
Number of Buildings: 1 
Number of Units: 4 
Parking Spaces: 4 
Property Type: Commercial Sale 
Roof: Composition, Shingle 
Style: Other 
Sub Type: Fourplex 
View: City Lights, Local/Neighborhood 
Water: District - Public, Hot Water 

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Interactive

33.77211 -118.151421 $1,599,000 SW20201326
437 Newport Ave., Long Beach, CA 90814
Directions to here from:

Area Information 90814

Population:

19,208 Up .01% since 2010
Average Income:
$91,496
Average Age:
38Years
Gender:
48.72%Male
51.28%Female
Households:
9,18119.58% with children
Average Value:
$857,572
Occupancy:
35%Owned
65%Rented
7.11%Vacant
Education:
12.29%High School
7.14%Associate
29.45%Bachelor
20.31%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
12.68Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Nearby Schools Long Beach School Districts

School Name GS Rating Parent Rating Distance

Fremont Elementary School

public • K-5
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Distance

Mann Elementary School

public • K-5
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Willard Elementary School

public • K-5
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Burbank Elementary School

public • K-5
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Ubm School

private • K-12
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City Christian School

private • PK-6
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Bryant Elementary School

public • K-5
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Distance
School Name GS Rating Parent Rating Distance
GS Rating

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Ubm School

private • K-12
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Zinsmeyer Academy

private • K-12
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Parent Rating
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Rogers Middle School

public • 6-8
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Bay Shore School

private • K-12
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Jessie Nelson Academy

public • 6-8
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School Name GS Rating Parent Rating Distance

Ubm School

private • K-12
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Wilson High School

public • 9-12
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Zinsmeyer Academy

private • K-12
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Bay Shore School

private • K-12
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Richard D. Browning High

public • 9-12
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Muila Area 2

private • K-12
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Saint Anthony High School

private • 9-12
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History

Date Transaction Price Mortgage Amt & Lender
Date
Jan 18, 2021
Transaction
Sold - Residential Income (2-4 units)CRSW20201326
Price
$1,570,000
Mortgage Amt & Lender
- -
Date
Apr 27, 2020
Transaction
Canceled - Residential Income (2-4 units)CRSW19183309
Price
$1,649,999
Mortgage Amt & Lender
- -
Date
Jul 10, 2019
Transaction
Canceled - Residential Income (2-4 units)CRSW18253795
Price
$1,699,000
Mortgage Amt & Lender
- -
Date
Jun 08, 2019
Transaction
Expired - Residential Income (2-4 units)CRS12646
Price
$348,000
Mortgage Amt & Lender
- -
Date
Jun 05, 2019
Transaction
Canceled - Residential Income (2-4 units)CRSW17164069
Price
$1,899,000
Mortgage Amt & Lender
- -
Date
Jun 05, 2019
Transaction
Canceled - Residential Income (2-4 units)CRSW18022608
Price
$1,775,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Serina Ortiz-Tomlinson with Rancon Real Estate

Based on information from the MLSListings MLS) as of 6/24/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 6/24/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes