33 Nieto Avenue

Long Beach, CA 90803

$2,450,000
Price
1
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 33 Nieto Avenue

StatusActive
MLS #PW19205849
Year Built1947
DOM79
Compass TypeTownhouse
MLS TypeResidential Income
Lot Size0.11 AC / 4,598 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Robert Stepp

Keller Williams Pacific Estate

rstepp@steppcommercial.com

P: 310.774.3740

M: 310.463.2916

DRE #01456379

Contact Agent(s)

Property Details for 33 Nieto Avenue

Parking Spaces Total
4
Private Pool
No

Description

33 Nieto Avenue is a seven-unit investment asset located just one block from the ocean in highly desirable Belmont Shore. Built in 1947, 33 Nieto offers seven bright and sizable one-bedroom/one-bath units, a landscaped central courtyard, 2 garages and 2 parking spaces. Ranked the #1 Best Neighborhood for Young Professionals by Niche, Belmont Shore offers residents access to ocean and bay beaches, the bike path that runs through Alamitos Beach to Downtown Long Beach and all of the restaurants, bars... and other amenities along 2nd Street. 33 Nieto Avenue provides investors with the opportunity to own an attractive asset with historically high tenant retention rates in one of the most desirable beachside rental markets in Southern California. Living in Belmont Shore offers residents access to ocean and bay beaches, as well as a multitude of restaurants, bars, coffee shops and more along 2nd Street.

Location

Listing Courtesy of Keller Williams Pacific Estate, Robert Stepp, DRE #01456379

Building Information for 33 Nieto Avenue

Stories-Residences-Year Built1947Building Size-Lot Size0.11 AC / 4,598 SF

Payment Calculator

$8,812 per month

30 year fixed, 3.51% Interest

Principal and Interest

$8,812

Property Taxes

HOA Dues

$0

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Property Information for 33 Nieto Avenue

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Laundry: Yes
  • Laundry Features: Individual Room
    Exterior Features
  • Pool Features: None
    Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Parcel Number: 7247022018
  • Property Attached: Yes
  • Property Type: Residential Income
  • Year Built: 1947
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 4289
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Los Angeles
  • Directions: E Ocean Blvd & Nieto Ave
  • MLS Area Major: Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr (1)
    Association Information
  • Community Features: Sidewalks, Street Lights, Urban
  • Subdivision Name: Belmont Shore (BSD)
  • Subdivision Name Other: Belmont Shore (BSD)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 5773.00
  • Tax Block: 24
  • Tax Lot: 29
  • Tax Tract Number: 3750
  • Zoning: LBR4R
    Income Details
  • Gross Income: $140,712
  • Gross Scheduled Income: $148,118
  • Net Operating Income: $92,723
    Expense Details
  • Electric Expense: $806
  • Fuel Expense: $806
  • Insurance Expense: $1,716
  • Licenses Expense: $662
  • Maintenance Expense: $2,625
  • New Taxes Expense: $30,631
  • Operating Expense: $47,989
  • Other Expense: $1,225
  • Other Expense Description: Reserves
  • Pest Control Expense: $1,200
  • Professional Management Expense: $5,628
  • Total Expenses: $47,989
  • Trash Expense: $806
  • Water Sewer Expense: $806
  • Gardener Expense: $1,080
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,695
  • Unit Type Garage Spaces: 0
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1850
  • Unit Type Units Total: 7
  • Unit Type Total Rent: $11,865
  • Unit Type Type: 1
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: .11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4598
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer

Property History for 33 Nieto Avenue

DateEvent & SourcePriceAppreciation
Nov 14, 2019Price Change

CRMLS #PW19205849

$2,450,000
Aug 28, 2019Listed (Active)

SDMLS #PW19205849

$2,650,000
Aug 28, 2019Listed (Active)

CRMLS #PW19205849

$2,650,000
DateEvent & SourcePrice
11/14/2019
Price Change

CRMLS #PW19205849

$2,450,000
08/28/2019
Listed (Active)

SDMLS #PW19205849

$2,650,000
08/28/2019
Listed (Active)

CRMLS #PW19205849

$2,650,000

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

Public Records for 33 Nieto Avenue

Taxable ValueLand$809,214Additions$452,706Total$1,261,920
Tax Record2018$16,287
Home Facts
Beds7Finished Sq.Ft.4,289 SqFtLot Size4,598 SqFtStyleMulti-Family Res (5+ Units)Year Built1947Year Renovated1947ZoningLBR4RCountyLOS ANGELES

Schools near 33 Nieto Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Lowell Elementary SchoolPublicK-50.6 mi
9
Rogers Middle SchoolPublic6-80.8 mi
8
Wilson High SchoolPublic9-121.4 mi
7
Eunice Sato Academy Of Math & SciencePublic9-122.5 mi
10

Lowell Elementary School

K-5, 0.6 mi, Public

9

Rogers Middle School

6-8, 0.8 mi, Public

8

Wilson High School

9-12, 1.4 mi, Public

7

Eunice Sato Academy Of Math & Science

9-12, 2.5 mi, Public

10

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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33 Nieto Avenue is a townhouse for sale in Long Beach, CA 90803. This property was listed for sale on August 28, 2019 by Keller Williams Pacific Estate at $2,450,000. It has been on the market for a total of 80 days and was last sold on April 3, 2009. Nearby schools include Reid High School, Ernest S. McBride Sr. High School and California Academy Of Mathematics And Science. 33 Nieto Avenue is a 1-bed, 1-bath, townhouse built in 1947.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Keller Williams Pacific Estate, Robert Stepp, DRE #01456379
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