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Long Beach, CA 90803 257 Newport Avenue

$1,150,000

Sold: Dec 03, 2020
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Presented By: Holly Kovich with Holly Kovich and Associates;
  • MLS# PW20139926
  • 07/15/2020
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 2
  • FootageSQFT • 2,199

Home Details

BlueSea Cottage: A beautiful place to live, work and play near the beach. Charming Belmont Heights two houses on one lot. Walk two blocks to local coffee shops, delicious eateries and cool vintage shops on Broadway and only a few more to the beach. This is your chance to join the incredible vibrant community of Belmont Heights. The front house is just over 1200 square feet of living space. This 3 bedrooms and 1 and a half bathroom Bungalow features original hardwood floors throughout, ceiling fans in each room, spacious galley kitchen with ample counter space, dishwasher and area for breakfast table. Washer and Dryer hook-ups are just off of the kitchen. Forced air heat and central A/C. Enjoy the expansive Bungalow front porch and fully fenced back yard with space to lounge and BBQ. Good off-street parking is available in driveway. The back house is just over 900 square feet of living space. This 2 bedroom and 1 bathroom Bungalow features hardwood floors throughout, French doors leading out to the backyard, ceiling fans in each room, spacious kitchen with ample counter space, and glass sun-room great for breakfast table. Generous bathroom with custom tile work and rain shower head. Washer and Dryer closet with machines included. Tankless water heater and Forced air heat and A/C. Units are separately meter for water, gas and power so tenants can pay their own utilities. Both houses boast spacious outdoor areas for indoor/outdoor living. A true retreat by the sea.
Presented By: Holly Kovich with Holly Kovich and Associates;

General for 257 Newport Avenue

AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Range Hood, Tankless Water Heater, Water Heater, Dryer
Architectural StyleBungalow
Building Area UnitsSquare Feet
Buyer Agent Compensation2.500
Buyer Agent Compensation Type%
Buyer FinancingCash to New Loan
Cap Rate5
CityLong Beach
Close Price1150000
Community FeaturesSidewalks
Construction MaterialsLap Siding
CoolingCentral Air
CountyLos Angeles
Current FinancingConventional
DirectionsNorth of Broadway East of Redondo
DisclosuresCity Inspection Required
ElectricStandard
ExclusionsTenants Personal Property
Exterior FeaturesAwning(s)
Facing DirectionEast
Garage Spaces
Garage Y/NNo
Gross Income63300
HeatingCentral
Insurance Expense1000
Land Lease Y/NNo
LevelsOne
Listing AgentHolly Kovich - BRE#01350418
Listing Agent State License01350418
Lot Size Square Feet6502
MLS Area2 - Belmont Heights, Alamitos Heights
MaintenanceExpense1100
Net Operating Income55467
New ConstructionNo
Number of Units Leased2
Open Parking Spaces3
Operating Expense7832
Pool FeaturesNone
PossessionSee Remarks
Private PoolNo
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusClosed
StatusClosed
Stories1
Street NameNewport
Subdivision NameBelmont Heights (BH)
Tax Lot21
Taxes$12,600
Tenant PaysAll Utilities, Electricity, Gas, Water
TermsCash to Existing Loan, Submit
Total Actual Rent5275
Total Units2
Trash Expense0
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNeighborhood
View Y/NYes
Virtual TourClick here
Virtual TourClick here
Year Built1914
Year Built SourceAssessor
ZoningLBR1N

Interior for 257 Newport Avenue

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Laundry FeaturesWasher Hookup, See Remarks
Street SuffixAvenue
Window FeaturesGarden Window(s)

Exterior for 257 Newport Avenue

Building Area Total2199
FencingBlock, Wood
Foundation DetailsRaised, Slab
Inclusions2 Dishwashers, 1 Stove, Three sheds
Lot Dimensions130 x 50
Lot FeaturesBack Yard, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinkler System, Yard
Lot Size Acres0.1493
Lot Size Area6502
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
LotDimensionsSourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
SpaNo
Total Parking3
Water SourcePublic
1527188455

First Team Client Services

Price $1,150,000
MLS#PW20139926
List Date 07/15/2020
Property Type Income
Phone 714.964.3311
Request Tour
Request Info
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