437 Newport Avenue

Long Beach, CA 90814

$1,649,999
Price
9
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 437 Newport Avenue

StatusActive
MLS #SW19183309
Year Built1971
DOM106
Compass TypeTownhouse
MLS TypeResidential Income / Fourplex
Lot Size0.15 AC / 6,750 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Serina Ortiz-Tomlinson

Rancon Real Estate

styler@rancon.com

P: 951.676.5736

M: 951.805.1115

DRE #01152416

Contact Agent(s)

Property Details for 437 Newport Avenue

Architectural Style
See Remarks
View
City Lights, Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
See Remarks

Description

Excellent opportunity to own a 4-plex apartment building (statewide) in the heart of Long Beach,
CA. Close to Long Beach State University, 10 minutes to the beach, minutes away to the Veteran's
hospital, and close to freeways. A great value complex. All units have been refurbished in 2017. Unit 1 offers appox 1800 sqft., 3 Bed/2 Bath, fireplace, and 2 car detached garage. Unit 2 offers
1100 sqft,, 2 Bed/ 1 Bath, and 1 car detached garage. Unit 3 offers 1395 sqft,, 2 Bed/ 1.5 Bath,
and 1 car detached
... garage. Unit 4 offers 1395 sqft,, 2 Bed/1,5 Bath, and 1 car detached garage. See
current rent schedules. Tenant paid community laundry. Tenant pays own electric and water. Trash
and sewer is added onto tenant's rent. All electric units, no gas. Wall heaters, some celling fans,
and roof is in good condition.

Location

Listing Courtesy of Rancon Real Estate, Serina Ortiz-Tomlinson, DRE #01152416

Building Information for 437 Newport Avenue

Stories-Residences-Year Built1971Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$5,935 per month

30 year fixed, 3.51% Interest

Principal and Interest

$5,935

Property Taxes

HOA Dues

$0

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Property Information for 437 Newport Avenue

Property Features
    Interior Features
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal
  • Common Walls: No Common Walls
  • Fireplace: Yes
  • Fireplace Features: See Remarks
  • Flooring Type: Carpet, Vinyl
  • Heating Type: Wall Furnace, Electric
  • Interior Features: Ceiling Fan(s), Unfurnished
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Levels: Two
  • Room Type: Entry, Kitchen, Living Room
  • View: Yes
    Exterior Features
  • Door Features: Double Door Entry, Sliding Doors
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Foundation Details: Slab
  • Pool Features: None
  • Roof: Composition, Shingle
  • Sprinklers: Yes
  • Window Features: Blinds, Screens
    Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Concrete, Garage
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Accessibility Features: Doors - Swing In
  • Construction Materials: Concrete, Drywall Walls, Plaster
  • New Construction: No
  • Parcel Number: 7257002017
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1971
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 4605
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Los Angeles
  • Directions: 22W - Continue onto E 7th St. - To Loma Ave. - To E. 6th St. - To Newport Ave.
  • MLS Area Major: Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr (1)
    Association Information
  • Community Features: Curbs, Sidewalks, Street Lights
  • Subdivision Name: Belmont Park (BP)
  • Subdivision Name Other: Belmont Park (BP)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Assessments: Unknown
  • Assessments: Yes
  • Current Financing: Conventional
  • Tax Census Tract: 5507
  • Tax Lot: 16
  • Tax Tract Number: 05500
  • Tax Annual Amount: $5,507
  • Tax Year: 2016
    Income Details
  • Gross Equity: $95,412
  • Gross Income: $95,412
  • Gross Scheduled Income: $95,412
  • Net Operating Income: $70,427
  • Present Loans: $466,000
    Expense Details
  • Fuel Expense: $0
  • Insurance Expense: $1,885
  • New Taxes Expense: $28,470
  • Operating Expense: $12,013
  • Security Features: Smoke Detector(s)
  • Total Expenses: $14,513
  • Trash Expense: $960
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Sewer Expense: $2,500
  • Gardener Expense: $720
Unit Information
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • 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
  • Tenant Pays: All Utilities, Electricity, Telephone
Land/Lot Info
    Land/Lot Info
  • Electric: Electricity - On Property
  • Land Lease: No
  • Lot Features: Corners Marked, Landscaped, Level with Street, Lot 6500-9999, Level, Near Public Transit, Park Nearby, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Acres: .15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6750
  • Lot Size Units: Square Feet
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Sewer: Public Sewer

Property History for 437 Newport Avenue

DateEvent & SourcePriceAppreciation
Aug 1, 2019Listed (Active)

CRMLS #SW19183309

$1,649,999
Aug 1, 2019Listed (Active)

SDMLS #SW19183309

$1,649,999
Jul 10, 2019Withdrawn / Cancelled

CRMLS #SW18253795

DateEvent & SourcePrice
08/01/2019
Listed (Active)

CRMLS #SW19183309

$1,649,999
08/01/2019
Listed (Active)

SDMLS #SW19183309

$1,649,999
07/10/2019
Withdrawn / Cancelled

CRMLS #SW18253795

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

Public Records for 437 Newport Avenue

Taxable ValueLand$189,444Additions$245,578Total$435,022
Tax Record2018$6,008
Home Facts
Beds9Finished Sq.Ft.4,605 SqFtLot Size6,751 SqFtStyleQuadraplexYear Built1971Year Renovated1971ZoningLBR34CountyLOS ANGELES

Schools near 437 Newport Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Jefferson Leadership Academies SchoolPublic6-80.3 mi
5
Mann Elementary SchoolPublicK-50.4 mi
6
Wilson High SchoolPublic9-120.7 mi
7
Zinsmeyer AcademyPrivateK-120.9 mi
NR

Jefferson Leadership Academies School

6-8, 0.3 mi, Public

5

Mann Elementary School

K-5, 0.4 mi, Public

6

Wilson High School

9-12, 0.7 mi, Public

7

Zinsmeyer Academy

K-12, 0.9 mi, Private

NR

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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437 Newport Avenue is a townhouse for sale in Long Beach, CA 90814. This property was listed for sale on August 1, 2019 by Rancon Real Estate at $1,649,999. Nearby schools include Reid High School, Ernest S. McBride Sr. High School and Jefferson Leadership Academies School. 437 Newport Avenue is a 9-bed, 7-bath, townhouse built in 1971.

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 Rancon Real Estate, Serina Ortiz-Tomlinson, DRE #01152416
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