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Sold on 05/30/2012
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270 Park Ave, Long Beach, CA 90803

$1,351,100

Last sold 05/30/2012 for $811K

  • —

    bed

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    bath

Multi-family not for sale
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About 270 Park Ave

Property type Multi-family
Neighborhood
Year built 1922
HOA fee $0/month
Lot size 6,345 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Prime Belmont Heights location. Recently expanded rennovation features a large master bedroom, new bath and huge closets, surrounded by new wall creating enclosed front patio as well as large back yard with a second patio area. New bamboo wood floors in LR, DR, Hallway. Front home has 2 full baths and a 3/4 bath. Second full bath was recently remodeled. Front house is owner occupied. Back unit was built in 1954 above oversized double garage. Back unit is approx 704 sq.ft. Separate office/bonus/gym room with an additional 1/2 bath was built in recent years. Occupant in back unit is 18 year long term tenant. Rent is very low. Seller is licensed attorney/broker and co-listing agent. Seller is related to listing agent.
Listed by
Listing Agent - Silvana Raiola
Listing Office - Landmark Realtors
Source: CRMLS mls logo
MLS#S687255 • last updated 14 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Mediterranean
Type Residential Income
Status Closed
Lot Size (Acres) 0.146
Lot Size (SqFt) 6345
Tax Area 5500
Year Built 1922
Interior
Laundry Electric Dryer Hookup
Appliances Dishwasher, Disposal, Gas Water Heater
Exterior
Construction Stucco
Roof Composition
Building Area 2245
# Parking Spaces 3
# Garage Spaces 2
Amenities / Utilities
Water Source Public
Spa None
Location
County Los Angeles
Directions North Of Broadway And South Of Vista
APN 7250031004
Multifamily Details
Cap Rate 0.11
Expense: Insurance 1200
Gross Income 875
Expense: Electric 100
Gross Multiplier 937.03
Gross Scheduled Income 875
Expense: Gardener 65
$1.35M
Range: $1.2M-$1.49M
Last 30 days 
Rental est.: $1,748/month
Gross rent multiplier: 38.7
  • Jun 2012
    mls logo MLS # S687255
  • Jun 14, 2012 Sold
    $811,000
  • Feb 6, 2012 Listed
    $819,900 (-36.7%)
  • May 2012
    Public Records
  • May 15, 2012 Sold
    $811,000 (-1.1%)
  • Sep 2005
    mls logo MLS # P459616
  • Sep 12, 2005 Expired
    —
  • Jul 12, 2005 Listed
    $1,295,000
  • Year Property taxes Tax assessment
  • 2024
    $12,860 +1.7%
    $998,679 +2.0%
  • 2023
    $12,646 +6.6%
    $979,098 +2.0%
  • 2022
    $11,868 +2.0%
    $959,901 +2.0%
  • 2021
    $11,635 +0.3%
    $941,080 +1.04%
  • 2020
    $11,604 +4.5%
    $931,431 +2.0%
  • 2018
    $11,104 +1.1%
    $913,168 +4.04%
  • 2017
    $10,986 +7.6%
    $877,711 +2.0%
  • 2016
    $10,208 +4.2%
    $860,502
  • 2015
    $9,793
    —
  • 270 Park Ave
    $811K
  • Belmont Heights
    $779K -16% y/y
  • 90803
    $1.17M -1% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
Lowell Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Rogers Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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