142 Covina Avenue

Long Beach, CA 90803

$1,310,000
Last Sold Price
4
Beds
3
Baths
2,000 Sq. Ft.
$655 / Sq. Ft.
2,000
Sq. Ft.
$655
per Sq. Ft.

Description

Premier opportunity to own a Spanish Style Duplex that is located just 2 blocks to the Beach in a prime Belmont Shore location. Maintaining its original character, yet upgraded with newer classic touches, this duplex provides a multitude of options for an owner user, straight investor or to use the downstairs unit as an in-laws quarters/office. Upstairs unit is vacant and available to move right in or rent out. Downstairs unit currently rented to fantastic tenants. Upstairs unit has 2 Bedrooms, 2...Premier opportunity to own a Spanish Style Duplex that is located just 2 blocks to the Beach in a prime Belmont Shore location. Maintaining its original character, yet upgraded with newer classic touches, this duplex provides a multitude of options for an owner user, straight investor or to use the downstairs unit as an in-laws quarters/office. Upstairs unit is vacant and available to move right in or rent out. Downstairs unit currently rented to fantastic tenants. Upstairs unit has 2 Bedrooms, 2 Baths with a Master Bedroom retreat, Large Living Room, Dining Area, Remodeled Kitchen with Stainless Steel Appliances and Remodeled Bathrooms. Enjoy your own private deck with separate entrance, a storage closet and a perfect place for outdoor BBQ's and entertaining. The Downstairs Unit has 2 Bedrooms, 1 Bath and features original Hardwood Floors Throughout, Large Living Room, Dining Area, Kitchen and a spacious laundry/utility room. Downstairs unit has direct front access with a nice front yard and curb appeal. Recent upgrades include Newer AC and Heat, Newer Milgard Tuscany Windows and Newer Appliances. Two-car garage with additional laundry facility and plenty of storage room. Prime location and a fantastic investment opportunity, just steps to all the eclectic shops and restaurants in Belmont Shores.

Listing Agent

  1. Sean Grange

    Sean Grange

    Listing Agent

    Compass

    DRE #01343165

Property Details for 142 Covina Avenue

View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
2000

Location

Listing Courtesy of Compass, Sean Grange, DRE #01343165

Sold By CB Richard Ellis, Inc., Daniel Blackwell, DRE #01854961

Add your commute
LISTING UPDATED: 05/12/2020 04:13 AM

Property Details for 142 Covina Avenue

StatusClosed
MLS #OC20054460
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1929
Lot Size0.06 AC / 2,400 SF
CountyLos Angeles

Location

Listing Courtesy of Compass, Sean Grange, DRE #01343165

Sold By CB Richard Ellis, Inc., Daniel Blackwell, DRE #01854961

Add your commute

Building Information for 142 Covina Avenue

Stories2Year Built1929Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$8,613 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,149

Property Taxes

$1,464

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 142 Covina Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,000
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $48,180
  • Financing: Cash
Expense Details
  • Operating Expense: $17,820
  • New Taxes Expense: $15,500
  • Insurance Expense: $1,800
  • Trash Expense: $520
  • Total Expenses: $17,820
Tax / Assessment Info
  • Tax Block: 33
  • Tax Tract Number: 3885
  • Tax Census Tract: 5773.00
  • Tax Lot: 22
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Laundry, Living Room, See Remarks
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Laundry: Yes
  • Laundry Features: In Garage, Individual Room
  • Laundry Location: Garage, Laundry Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
Exterior Features
  • Structure Type: Duplex
  • View Description: None
  • Waterfront Features: Ocean Side Of Highway 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Near Public Transit
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Builders Tract Name: Belmont Shore (BSD)
  • Builders Tract Code: Belmont Shore (BSD)
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,325
  • Unit Type Total Rent: $2,325
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Number Wall AC: 2

Property History for 142 Covina 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 142 Covina Avenue

Taxable ValueLand$956,571Additions$420,470Total$1,377,041
Tax Record2023$17,571 ($1,464 / month)
Home Facts
Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtLot Size2,400 SqFtStyleDuplexYear Built1929ZoningLBR2SCountyLOS ANGELESAPN7247-007-021

Schools near 142 Covina 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.

Similar Homes

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Similar Sold Homes

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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 Compass, Sean Grange, DRE #01343165

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.