5 Loma Avenue

Long Beach, CA 90803

$3,990,000
Price
5
Beds
5
Baths
4,170 Sq. Ft.
$957 / Sq. Ft.
4,170
Sq. Ft.
$957
per Sq. Ft.

Description

Prestigious Bluff Park Historic District. Located along the Ocean Bluffs, with a panoramic view of the Pacific Ocean. Walking distance from lively Belmont Shores 2nd Street. These are more than income-generating units. These are executive apartments with private patios, ocean views, and their very own private garage as well as private laundry. A rare find indeed! 3535 E Ocean Blvd: Approximately 1500 square foot home from the front porch, you are surrounded by beautiful unobstructed ocean views....Prestigious Bluff Park Historic District. Located along the Ocean Bluffs, with a panoramic view of the Pacific Ocean. Walking distance from lively Belmont Shores 2nd Street. These are more than income-generating units. These are executive apartments with private patios, ocean views, and their very own private garage as well as private laundry. A rare find indeed! 3535 E Ocean Blvd: Approximately 1500 square foot home from the front porch, you are surrounded by beautiful unobstructed ocean views. Spanish-style home with oak hardwood floors throughout. It may seem like an escape back in time, but don’t be mistaken this home has been extensively remodeled to have the look and feel of an old Spanish Villa while providing all the state-of-the-art amenities. Viking 6 burner stove, Subzero Refrigerator, Open concept kitchen/dining room/living room with cabinetry that was built custom and specifically for the space. That’s just the kitchen! Central Air and Heating. Completely new electrical, a tankless water heater, plumbing that has been completely redone down to the main waterline. Built in bookcases, and home office accommodations offer a space to conduct business just in time to frontier into the new norm; working or creating from the comfort of your living room. Master bedroom has a ¾ bathroom, plenty of closet space and large windows that bring in lovely warm light and a soft breeze. 2nd bedroom is located to the rear of the unit, with a large walk in closet and 3 windows that surround the room bringing in lots of bright sunshine. Full bath is located at the end of the hall and was made to look vintage with its gorgeous glass tile, and chrome fixtures a real must see! This downstairs part of the home also has a private patio to round out the perfect beach living dream. It offers a built-in BBQ, with mini-fridge, two areas for storage, and plenty of room for entertaining..... Nice! 3533 E Ocean Blvd & 5, 7 Loma Ave Now imagine all of the above the central air/heat, the tankless water heater to provide unlimited hot water without worry, hardwood floors throughout, Spanish tile backsplash and flooring, but with a private balcony! 5 Loma offers a 1 bedroom 1 bath, with French doors that open up to the perfect balcony for beach living and people watching. 7 Loma is perfect for the tenant who loves the minimalist lifestyle while having all same amenities offered to the other unit
  1. Listed by Moe Usman • DRE #01301545 • Brokerage DRE #01311121 • A1 Realty, Inc. • 949-887-3199

Property Details for 5 Loma Avenue

Architectural Style
Spanish
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4170

Location

Listing Courtesy of A1 Realty, Inc., Moe Usman, DRE #01301545
Add your commute
LISTING UPDATED: 04/15/2024 04:09 AM

Property Details for 5 Loma Avenue

StatusActive
MLS #NP24068688
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.11 AC / 4,699 SF
CountyLos Angeles County

Location

Listing Courtesy of A1 Realty, Inc., Moe Usman, DRE #01301545
Add your commute

Building Information for 5 Loma Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.11 AC / 4,699 SF

Payment Calculator

$25,552 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,775

Property Taxes

$3,777

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Loma Avenue

Rental Info
Rental Info
  • Lease Term: Month To Month
Income / Expense / Tax Details
Income Details
  • Gross Income: $137,000
  • Gross Scheduled Income: $137,000
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $133,000
  • Net Operating Income: $124,860
Expense Details
  • Operating Expense: $12,140
  • Gardener Expense: $2,280
  • Electric Expense: $660
  • Insurance Expense: $4,800
  • Maintenance Expense: $2,000
  • Trash Expense: $1,200
  • Water Sewer Expense: $1,200
  • Total Expenses: $12,140
Tax / Assessment Info
  • Tax Block: 41
  • Tax Tract Number: 7264
  • Tax Census Tract: 5772.00
  • CFD/Mello-Roos Fee: $900
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Fishing, Watersports, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: Foyer, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating Type: Central, ENERGY STAR Qualified Equipment
  • Heating: Central, ENERGY STAR Qualified Equipment
Exterior Features
  • Window Features: Bay Window(s), Blinds, Custom Covering, Double Pane Windows, ENERGY STAR Qualified Windows
  • Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
  • Roof: Flat, Spanish Tile
  • Entry Location: Front
  • Property Condition: Additions/Alterations, Building Permit, Repairs Cosmetic, Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Bluff Park
  • Builders Tract Code: Bluff Park (BLF)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • 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: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,650
  • Unit Type Total Rent: $2,650
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,450
  • Unit Type Total Rent: $4,450
  • Unit Type Pro Forma: 4450
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $6,000
  • Unit Type Total Rent: $6,000
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number Wall AC: 2

Property History for 5 Loma 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 5 Loma Avenue

Taxable ValueLand$2,320,500Additions$1,249,500Total$3,570,000
Tax Record2023$45,321 ($3,777 / month)
Home Facts
Total Finished SqFt4,170 SqFtAbove Grade Finished SqFt4,170 SqFtLot Size4,699 SqFtStyleQuadraplexYear Built1924ZoningLBR4RCountyLOS ANGELESAPN7264-013-012

Schools near 5 Loma 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
Charter - 9 to 12
Rating
School
Distance
Mann Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Clear Passage Educational Center
Charter9 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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5 Loma Avenue is a multi-family home for sale in Long Beach, CA 90803. This property was listed for sale on April 8, 2024 by A1 Realty, Inc., it's currently listed at $3,990,000. It has been on the market for a total of 24 days and was last sold on August 31, 2021. This listing's school district is Long Beach Unified School District. Nearby schools include Mann Elementary School, Jefferson Leadership Academies School and Wilson High School. 5 Loma Avenue is a 5-bed, 5-bath, 4,170 sqft multi-family home built in 1924.

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 A1 Realty, Inc., Moe Usman, DRE #01301545

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.