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Sold on 11/16/2015
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278 Falcon Ave, Long Beach, CA 90802

  • $1,375,000

    Last sold 11/16/2015 after 91 Days

  • 2

    bed

  • 4

    bath

House not for sale
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About 278 Falcon Ave

Property type House
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 4,986 Sqft
Rental estimate
Property description
I am proud to offer the well -maintained 10-unit apartment building located at 278 Falcon Avenue in Long Beach, California. The property is south of 3rd Street and three blocks west of Cherry Avenue in the heart of Long Beachs Alamitos Beach neighborhood. Built in 1923 with wood framing, the painted stucco building offers 4,452 rentable square feet on a 4,986-square foot lot. The property features a unit mix of two one- bedroom/one bathroom and eight studio/one-bathroom units. The property is master meter
Listed by
Listing Agent - Ryan Rayburn
Listing Office - Marcus & Millichap
Source: San Diego MLS mls logo
MLS#PW15182025 • last updated 6 years ago
Movoto checked San Diego MLS for data 5 minutes ago
Overview
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # PW15182025
Lot Size (SqFt) 4986
Year Built 1923
Exterior
Roof Composition
Lot Desc 4, 000-7, 499 SF
Amenities / Utilities
Water Source Meter On Property
Pool Desc N/K
Security Features Gated Community
Location
Neighborhood Alamitos Beach (AB)
County Los Angeles
APN 7275012015
Directions From Ocean Blvd, Head North On Cherry Ave. Then Turn Left On 3rds Street, And Left On Falcon Avenue.
Multifamily Details
Unit 3: # Bedrooms 1
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 4: # Total Baths 1
Unit 4: # Bedrooms 1
Tenant Pays Cable TV
Unit 2: Actual Rent 850
Unit 3: Actual Rent 1045
Unit 4: Actual Rent 1065
Total # of Units 10
Gross Rent Multiplier (Actual) 12.91
Gross Scheduled Income 110400
Rental est.: $2,179/month
Gross rent multiplier: 54.5
  • Nov 2015
    mls logo MLS # PW15182025
  • Nov 16, 2015 Sold
    $1,375,000
  • Nov 16, 2015 Sold
    $1,375,000 (-3.5%)
  • Aug 17, 2015 Listed
    $1,425,000
  • Aug 17, 2015 Listed
    $1,425,000
  • 278 Falcon Ave
    $1.37M
  • Bixby Park
    $599K 0% y/y
  • 90802
    $484K -3% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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8/10
Burbank Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Franklin Classical Middle School
public Grades 6-8
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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