349 North Colorado Place

Long Beach, CA 90814

$1,625,000
Price
6
Beds
5
Baths
3,116 Sq. Ft.
$522 / Sq. Ft.
3,116
Sq. Ft.
$522
per Sq. Ft.

Description

We are pleased to present 349 N Colorado. Located in the highly desirable neighborhood of Bluff heights. Only a short distance to the Ocean, Belmont Shore, wonderful shopping, restaurants, parks & excellent coffee shops. This classic 1922 TURNKEY investment property has the charm of early 20th century design with built in cabinetry, hardwood flooring, walk in closets and much more. Comprised of one completely detached SFR (1268Sf) 2 bed x 1 bath, fully renovated home, with four 1bed x 1bath (462Sf)...

Property Details for 349 North Colorado Place

View
Neighborhood
Parking Spaces Total
3
Private Pool
No
Cooling Type
None

Location

Listing Courtesy of Kinnery's Brokerage House, Cameron Jacques, DRE #01852032

Property Details for 349 North Colorado Place

StatusWithdrawn / Cancelled
MLS #PW21011388
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
CountyLos Angeles County

Listing Agent

Cameron Jacques

Cameron Jacques

Kinnery's Brokerage House

cameron@kinnerys.com

P: 562.800.0838

M: 310.490.8134

DRE #01852032

Contact Agent(s)

Location

Listing Courtesy of Kinnery's Brokerage House, Cameron Jacques, DRE #01852032

Building Information for 349 North Colorado Place

Building/Complex349 N Colorado PlFloor-Stories2Residences-Pet Policy-Year Built1922Building Size-

Payment Calculator

$5,446 per month

30 year fixed, 2.95% Interest

Principal and Interest

$5,446

Property Taxes

HOA Dues

$0

Property Information for 349 North Colorado Place

Property Features
    Interior Features
  • Appliances: Built-In Range, Disposal, Gas Oven, Gas Range, Refrigerator
  • Common Walls: 1 Common Wall
  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring Type: Wood
  • Heating Type: Floor Furnace, Wall Furnace
  • Interior Features: Ceiling Fan(s), Granite Counters, Storage
  • Laundry: Yes
  • Laundry Features: Inside
  • Levels: Two
  • Number of 3 Quarter Bathrooms: 0.0
  • Baths One Quarter: 0.0
  • Total Units: 5.0
  • View: Yes
    Exterior Features
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Raised
  • Pool Features: None
  • Roof: Composition, Flat
    Parking Info
  • Carport Spaces: 0
  • Garage Spaces: 1
  • Garage Rental Rate: $0
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Uncovered Spaces: 2
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Entry Level: 1
  • Entry Location: 1
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 7263025006
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1922
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 3116
  • Building Area Units: Square Feet
  • Living Area: 3116
Community/Development / Location Info
    School/Location Info
  • Zip Code: 90814
  • Street Number Numeric: 349.0
  • Street Name: Colorado
  • Street Direction Prefix: N
  • Street Suffix: Place
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: Major cross streets: Ocean Blvd and Redondo Ave.
  • Area: Belmont Heights, Alamitos Heights (2)
    Association Information
  • Association: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Suburban
  • Association Fee: $.00
  • Subdivision Name: Bluff Park (BLF)
  • Subdivision Name Other: Bluff Park (BLF)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 5768.02
  • Tax Lot: 6
  • Tax Tract Number: 3283
  • Zoning: LBR2A
    Income Details
  • Cap Rate: 3.96
  • Garage Income: $0
  • Gross Income: $100,800
  • Gross Multiplier: 16.12
  • Gross Operating Income: $98,784
  • Gross Scheduled Income: $100,800
  • Laundry Income: $0
  • Net Operating Income: $64,357
  • Vacancy Allowance: 2016
  • Vacancy Allowance Rate: 2
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • New Taxes Expense: $0
  • Operating Expense: $34,427
  • Professional Management Expense: $0
  • Total Expenses: $34,427
  • Trash Expense: $0
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Water Sewer Expense: $0
Unit Information
    Unit 1
  • Unit Type Actual Rent: $2,950
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 3400
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $3,200
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,400
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1600
  • Unit Type Units Total: 2
  • Unit Type Total Rent: $2,800
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,350
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,350
  • Unit Type Type: 3
    Unit 4
  • Unit Type Actual Rent: $1,300
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1500
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $1,300
  • Unit Type Type: 4
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Rented Garages: 0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • 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
  • Average 1 Bed Area: 462
  • Average 2 Bed Area: 1268
Rental Info
    Rental Info
  • Rent Controlled: Yes
  • Tenant Pays: Electricity, Gas, Insurance
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Lawn, Rectangular Lot, Walkstreet
  • Lot Size Acres: .14
  • Lot Size Dimensions: 50 x 125
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6263
  • Lot Size Units: Square Feet
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sewer: Public Sewer

Property History for 349 N Colorado Pl

DateEvent & SourcePriceAppreciation
Apr 14, 2021

Withdrawn / Cancelled

CRMLS #PW21011388

Apr 14, 2021

Withdrawn / Cancelled

SDMLS #PW21011388

Apr 14, 2021

Withdrawn / Cancelled

CLAW #PW21011388MR

DateEvent & SourcePrice
04/14/2021

Withdrawn / Cancelled

CRMLS #PW21011388

04/14/2021

Withdrawn / Cancelled

SDMLS #PW21011388

04/14/2021

Withdrawn / Cancelled

CLAW #PW21011388MR

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

Public Records for 349 North Colorado Place

Taxable ValueLand$918,000Additions$519,180Total$1,437,180
Tax Record2020$18,155 ($1,513 / month)
Home Facts
Total Finished SqFt3,116 SqFtAbove Grade Finished SqFt3,116 SqFtLot Size6,263 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLBR2ACountyLOS ANGELESAPN7263025006

Schools near 349 North Colorado Place


SchoolTypeGradesDistanceRating
Mann Elementary SchoolPublicK-50.4 mi
7
City Christian SchoolPrivatePK-60.4 mi
NR
Carousel SchoolPrivatePK-50.5 mi
NR
Jefferson Leadership Academies SchoolPublic6-80.8 mi
7

Mann Elementary School

K-5, 0.4 mi, Public

7

City Christian School

PK-6, 0.4 mi, Private

NR

Carousel School

PK-5, 0.5 mi, Private

NR

Jefferson Leadership Academies School

6-8, 0.8 mi, Public

7

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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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 Kinnery's Brokerage House, Cameron Jacques, DRE #01852032

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.