180 Nieto Avenue

Long Beach, CA 90803

$1,100,000
Last Sold Price
3
Beds
2
Baths
1,164 Sq. Ft.
$945 / Sq. Ft.
1,164
Sq. Ft.
$945
per Sq. Ft.

Description

Fantastic opportunity to own a charming duplex in the center of Belmont Shore. This residence is a quintessential coastal duplex in the heart of Belmont Shore. In turnkey condition, the home gives owners the option to live in one unit, and rent out another. The larger front unit features two bedrooms, one full bathroom, fireplace in living room, extends across approximately 936 square feet, and rents for approximately $3,500 a month. The back unit is a studio at approximately 228 square feet and...Fantastic opportunity to own a charming duplex in the center of Belmont Shore. This residence is a quintessential coastal duplex in the heart of Belmont Shore. In turnkey condition, the home gives owners the option to live in one unit, and rent out another. The larger front unit features two bedrooms, one full bathroom, fireplace in living room, extends across approximately 936 square feet, and rents for approximately $3,500 a month. The back unit is a studio at approximately 228 square feet and rents for approximately $1,000 a month. Featuring a one car garage and parking pad, and a fully landscaped front yard, this residence is an exceptional investment. Situated just moments from picturesque beaches, world-class dining, shopping, and entertainment, this property is not to be missed!
  1. Listed by Andrew Carter • DRE #01907002 • Brokerage DRE #01523891 • Realty Source Inc.

Property Details for 180 Nieto Avenue

Parking Spaces Total
1
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1164
Assessor Parcel Number
7247-005-005
Property Attached YN
true

Location

Listing Courtesy of Realty Source Inc., Andrew Carter, DRE #01907002

Sold By Compass, Marc Hernandez, DRE #00882850

Add your commute
LISTING UPDATED: 01/10/2024 01:21 AM

Property Details for 180 Nieto Avenue

StatusClosed
MLS #PW21092435
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.06 AC / 2,699 SF
CountyLos Angeles County

Location

Listing Courtesy of Realty Source Inc., Andrew Carter, DRE #01907002

Sold By Compass, Marc Hernandez, DRE #00882850

Add your commute

Building Information for 180 Nieto Avenue

Stories-Residences-Year Built1946Building Size-Lot Size0.06 AC / 2,699 SF

Payment Calculator

$7,199 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,196

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 180 Nieto Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $54,000
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $49,000
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $4,800
  • New Taxes Expense: $3,000
  • Fuel Expense: $300
  • Electric Expense: $400
  • Insurance Expense: $2,200
  • Trash Expense: $400
  • Water Sewer Expense: $500
  • Total Expenses: $6,800
Tax / Assessment Info
  • Tax Block: 27
  • Tax Tract Number: 3885
  • Tax Census Tract: 5773.00
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, See Remarks, Washer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
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: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 4000
  • 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: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 180 Nieto 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 180 Nieto Avenue

Taxable ValueLand$729,300Additions$392,700Total$1,122,000
Tax Record2023$14,353 ($1,196 / month)
Home Facts
Total Finished SqFt1,164 SqFtAbove Grade Finished SqFt1,164 SqFtLot Size2,699 SqFtStyleDuplexYear Built1946ZoningLBR2SCountyLOS ANGELESAPN7247-005-005

Schools near 180 Nieto 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.

Listing Courtesy of Realty Source Inc., Andrew Carter, DRE #01907002

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.