208 Granada Avenue

Long Beach, CA 90803

$3,300,000
Price
8
Beds
8
Baths
4,892 Sq. Ft.
$675 / Sq. Ft.
4,892
Sq. Ft.
$675
per Sq. Ft.

Description

Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore. This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore. This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.
  1. Listed by John Levis • DRE #01886278 • Brokerage DRE #01886278 • Wydown Partners Inc.

Property Details for 208 Granada Avenue

Zoning
LBR2S
Parcel Number
7249030008
Total Units
8.0
Living Area
4892
Source Living Area
Vendor Enhanced
Area
Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr (1)
Vacancy Rate
0
Lot Size Area
5237

Location

Listing Courtesy of Wydown Partners Inc., John Levis, DRE #01886278
Add your commute
LISTING UPDATED: 05/01/2024 12:01 AM

Property Details for 208 Granada Avenue

StatusActive
MLS #24-383333
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.12 AC / 5,237 SF
CountyLos Angeles County

Location

Listing Courtesy of Wydown Partners Inc., John Levis, DRE #01886278
Add your commute

Building Information for 208 Granada Avenue

Stories2Residences-Year Built1948Building Size-Lot Size0.12 AC / 5,237 SF

Payment Calculator

$19,993 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,009

Property Taxes

$1,984

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 208 Granada Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $211,397
  • Net Operating Income: $138,382.00
  • Gross Income: $217,227
  • Gross Rent Multiplier: $15.19
  • Total Annual Expense: 72238
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1202
  • Lot Size Square Feet: 5237
  • Lot Features: Landscaped
  • Lot Description: Alley Paved, Landscaped
  • Lot Location: Alley Access, Park Nearby
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached
  • Total Parking: 4
  • Garage Spaces Total: 4
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood
  • Equipment: Dishwasher, Ceiling Fan, Range/Oven, Microwave, Washer, Dryer
  • Interior Features: Drywall Walls, Turnkey, Laundry - Closet Stacked
  • Room Kitchen Features: Granite Counters
  • Kitchen Features: Granite Counters
  • Cooking Appliances: Convection Oven, Microwave, Gas/Electric Range
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-23-2024
  • Tenant Pays: Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,842.00
  • Unit Actual Rent: $2,842.00
  • Unit Projected Rent: $2,842.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,020.00
  • Unit Actual Rent: $2,020.00
  • Unit Projected Rent: $2,020.00
  • Like Units: 4
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,845.00
  • Unit Actual Rent: $1,845.00
  • Unit Projected Rent: $1,845.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 208 Granada 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 208 Granada Avenue

Taxable ValueLand$1,178,258Additions$619,604Total$1,797,862
Tax Record2023$23,806 ($1,984 / month)
Home Facts
Total Finished SqFt4,892 SqFtAbove Grade Finished SqFt4,892 SqFtLot Size5,235 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningLBR2SCountyLOS ANGELESAPN7249-030-008

Schools near 208 Granada 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
Lowell 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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208 Granada Avenue is a multi-family home for sale in Long Beach, CA 90803. This property was listed for sale on April 23, 2024 by Wydown Partners Inc., it's currently listed at $3,300,000. It has been on the market for a total of 11 days and was last sold on March 12, 2014. This listing's school district is Long Beach Unified School District. Nearby schools include Lowell Elementary School, Rogers Middle School and Wilson High School. 208 Granada Avenue is a 8-bed, 8-bath, 4,892 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.

Listing Courtesy of Wydown Partners Inc., John Levis, DRE #01886278

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.