102 La Verne Avenue

Long Beach, CA 90803

$1,979,000
Price
4
Beds
3
Baths
2,126 Sq. Ft.
$931 / Sq. Ft.
2,126
Sq. Ft.
$931
per Sq. Ft.

Description

Your opportunity awaits, to grab this versatile Belmont Shore triplex, just steps from the sand. This property features a 2 bedroom 1 bath downstairs unit with an enclosed front yard, two 1 bedroom 1 bath upstairs units, a common laundry room and two garages. These units are occupied by long-term tenants, and the low-maintenance grounds makes for easy ownership with huge upside potential. Turnover is not an issue, in this desirable beach community--walking distance from the beach, the marina, and...Your opportunity awaits, to grab this versatile Belmont Shore triplex, just steps from the sand. This property features a 2 bedroom 1 bath downstairs unit with an enclosed front yard, two 1 bedroom 1 bath upstairs units, a common laundry room and two garages. These units are occupied by long-term tenants, and the low-maintenance grounds makes for easy ownership with huge upside potential. Turnover is not an issue, in this desirable beach community--walking distance from the beach, the marina, and 2nd Street's amazing dining and entertainment options. Contact agent for a full set of interior photos, and make this beach beauty your own!

Property Details for 102 La Verne Avenue

Architectural Style
Traditional
View
Harbor, Ocean
Parking Spaces Total
2
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Coast Realty Solutions, Inc., Sean Ryan, DRE #01415690
Add your commute
LISTING UPDATED: 05/16/2024 03:20 PM

Property Details for 102 La Verne Avenue

StatusActive
MLS #PW24088885
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.05 AC / 2,200 SF
CountyLos Angeles County

Location

Listing Courtesy of Coast Realty Solutions, Inc., Sean Ryan, DRE #01415690
Add your commute

Building Information for 102 La Verne Avenue

Stories2Residences-Year Built1948Building Size-Lot Size0.05 AC / 2,200 SF

Payment Calculator

$11,977 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,800

Property Taxes

$1,177

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 102 La Verne Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $61,800
  • Gross Scheduled Income: $61,800
  • Gross Operating Income: $61,800
  • Net Operating Income: $47,028
  • Number Of Rented Garages: 2
  • Current Financing: None
Expense Details
  • Operating Expense: $14,772
  • New Taxes Expense: $14,121
  • Gardener Expense: $480
  • Insurance Expense: $2,410
  • Other Expense: $76
  • Other Expense Description: Fire ext
  • Trash Expense: $0
  • Water Sewer Expense: $960
  • Total Expenses: $18,071
Tax / Assessment Info
  • Tax Block: 31
  • Tax Tract Number: 3750
  • Tax Census Tract: 5773.00
  • CFD/Mello-Roos Fee: $569
  • Tax Lot: 13
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Biking, Curbs, Dog Park, Fishing, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Equipment: Dishwasher, Laundry Area, Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Tile, Wood
Exterior Features
  • Construction Materials: Brick, Concrete, Drywall Walls, Stucco
  • Exterior Construction: Brick, Concrete, Stucco
  • Exterior: Brick, Stucco
  • Exterior Features: Balcony, Awning(s)
  • Roof: Composition
  • Entry Location: 1st Floor, 2nd Floor
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Foundation Details: Raised
  • Other Structures: Second Garage Attached
  • View Description: Harbor, Ocean
  • Waterfront Features: Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Lawn
  • Direction Faces: Southwest
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property, Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage, Garage Faces Side
Property / Structure Info
  • Builders Tract Name: Belmont Shore
  • Builders Tract Code: Belmont Shore (BSD)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number With Dishwasher: 2
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3
  • Number With Patio: 1

Property History for 102 La Verne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 102 La Verne Avenue

Taxable ValueLand$767,633Additions$321,469Total$1,089,102
Tax Record2023$14,121 ($1,177 / month)
Home Facts
Total Finished SqFt2,126 SqFtAbove Grade Finished SqFt2,126 SqFtLot Size2,200 SqFtStyleTriplexYear Built1948ZoningLBR2SCountyLOS ANGELESAPN7247-011-014

Schools near 102 La Verne Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Naples Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Eunice Sato Academy Of Math & Science
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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102 La Verne Avenue is a multi-family home for sale in Long Beach, CA 90803. This property was listed for sale on May 2, 2024 by Coast Realty Solutions, Inc., it's currently listed at $1,979,000. It has been on the market for a total of 16 days and was last sold on February 23, 1996. This listing's school district is Long Beach Unified School District. Nearby schools include Naples Elementary School, Rogers Middle School and Wilson High School. 102 La Verne Avenue is a 4-bed, 3-bath, 2,126 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coast Realty Solutions, Inc., Sean Ryan, DRE #01415690

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.