17 Bonito Avenue

Long Beach, CA 90802

$1,579,000
Price
4
Beds
4
Baths
3,166 Sq. Ft.
$499 / Sq. Ft.
3,166
Sq. Ft.
$499
per Sq. Ft.

Description

Location, location, location. Don't miss out on this opportunity to add this unique asset to your portfolio. Four large 1 bedroom, 1 bath units in an updated building located just steps to the beach and close to everything that makes living in Long Beach desirable. This could be the special investment you've been looking for so look no further. Some of the updates over the years have included new electric wiring and panels, new plumbing and gas lines, and interior remodeling (btv). New roof less...Location, location, location. Don't miss out on this opportunity to add this unique asset to your portfolio. Four large 1 bedroom, 1 bath units in an updated building located just steps to the beach and close to everything that makes living in Long Beach desirable. This could be the special investment you've been looking for so look no further. Some of the updates over the years have included new electric wiring and panels, new plumbing and gas lines, and interior remodeling (btv). New roof less than a year ago. There's still lots of new development coming to the surrounding areas of Long Beach and this location is just a short distance to Belmont Shore’s “2nd street”, which houses most of Long Beach's best fashion stores, restaurants, bars and coffee shops. Perfect building for a smart investor looking for a prime asset in an A plus unbeatable location.
  1. Listed by Ellis Posner • DRE #01416970 • Brokerage DRE #01416970 • Ellis Posner Real Estate • 310 975 5139

Property Details for 17 Bonito Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3166
Assessor Parcel Number
7265-003-025
Property Attached YN
false

Location

Listing Courtesy of Ellis Posner Real Estate, Ellis Posner, DRE #01416970
Add your commute
LISTING UPDATED: 04/19/2024 08:33 AM

Property Details for 17 Bonito Avenue

StatusActive
MLS #SB24017715
Days on Market88
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.05 AC / 2,150 SF
CountyLos Angeles County

Location

Listing Courtesy of Ellis Posner Real Estate, Ellis Posner, DRE #01416970
Add your commute

Building Information for 17 Bonito Avenue

Stories2Residences-Year Built1918Building Size-Lot Size0.05 AC / 2,150 SF

Payment Calculator

$10,152 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,617

Property Taxes

$1,535

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17 Bonito Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $86,000
  • Net Operating Income: $55,200
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $30,800
  • Insurance Expense: $4,000
  • Trash Expense: $800
  • Water Sewer Expense: $2,000
  • Total Expenses: $30,800
Tax / Assessment Info
  • Tax Block: 58
  • Tax Tract Number: 5535
  • Tax Census Tract: 5766.01
  • CFD/Mello-Roos Fee: $739
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Own
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Corner Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
Property / Structure Info
  • Builders Tract Name: Alamitos Beach
  • Builders Tract Code: Alamitos Beach (AB)
Unit Information
Unit 1
  • 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: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 2000
  • 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: $1,795
  • Unit Type Total Rent: $1,795
  • Unit Type Pro Forma: 1795
  • 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: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • 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: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 17 Bonito 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 17 Bonito Avenue

Taxable ValueLand$946,060Additions$473,030Total$1,419,090
Tax Record2023$18,421 ($1,535 / month)
Home Facts
Total Finished SqFt3,166 SqFtAbove Grade Finished SqFt3,166 SqFtLot Size2,150 SqFtStyleQuadraplexYear Built1918ZoningLBR4RCountyLOS ANGELESAPN7265-003-025

Schools near 17 Bonito 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
Stevenson Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Renaissance High School For The Arts
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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

17 Bonito Avenue is a multi-family home for sale in Long Beach, CA 90802. This property was listed for sale on January 31, 2024 by Ellis Posner Real Estate, it's currently listed at $1,579,000. It has been on the market for a total of 88 days and was last sold on June 11, 2019. This listing's school district is Long Beach Unified School District. Nearby schools include Stevenson Elementary School, Franklin Classical Middle School and Polytechnic High School. 17 Bonito Avenue is a 4-bed, 4-bath, 3,166 sqft multi-family home built in 1918.

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.

Listing Courtesy of Ellis Posner Real Estate, Ellis Posner, DRE #01416970

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.