Movoto Real Estate
Sold on 03/04/2025
  • Map Image
  • Map Image
  • Map Image

3109 E Corto Pl, Long Beach, CA 90803

$3,120,000

Last sold 03/04/2025 after 130 Days

  • —

    bed

  • —

    bath

Multi-family not for sale

About 3109 E Corto Pl

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Lot size 7,504 Sqft
Parking 5 garage spaces
Rental estimate
Property description
Upgraded 9 units in the prime and desirable area of Bluff Heights which boarders Bluff Park and Belmont Heights. This 8,966 sqft, two-story balcony style building offer a very attractive unit mix of: (2)- 3bd/1.75ba units with fireplaces, (1)- 3bd/1ba unit and (6)- 2bd/1bath units, on-site laundry room and 5 single car garages accessed off the alley. Nearly all of the units (8 of 9) have been upgraded with dual pane windows, the kitchens have newer cabinets, countertops, tile flooring and the bathrooms with vanities, tile in the shower & floors. Other upgrades in some units: crown molding, baseboards, 2 tone paint, upgraded interior doors, lighting, some electrical upgrades, professionally managed, spacious units, well cared for building, and more. It is located on a small and more private sub-street, Corto Place, which appears to have better off-street parking than the more busy street. Tenants will enjoy being just off East Broadway which offers many restaurants, coffee shops and shopping, plus it's near Belmont Shore, 4th Street and downtown giving them great access to restaurants, shopping, near the ocean and beaches, and close to many freeways, the Long Beach airport, CSLB, yacht clubs, and more.
Listed by
Listing Agent - Louis Mannone
Listing Agent Contact: 714-906-8571
Listing Office - Realty One Group West
Source: CRMLS mls logo
MLS#PW24219287 • last updated 1 year ago
Movoto checked CRMLS for data Just now
Overview
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1723
Lot Size (SqFt) 7504
Year Built 1964
Interior
Exterior
Building Area Square Feet, 8966
# Parking Spaces 5
# Garage Spaces 5
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces Living Room
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Subdivision Bluff Heights, Other (OTHR)
Zoning LBR2A
Directions NW Of Broadway & Obispo
APN 7264005021
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 7650
Laundry Income 1151
Operating Expense 86975
Cap Rate 4.9
Expense: Insurance 4296
Expense: Water/ Sewer 4794
Gross Income 256152
Gross Operating Income 248501
Expense: Electric 550
Gross Multiplier 12.84
Gross Scheduled Income 256151
Expense: Gardener 2478
Rental est.: $1,668/month
Gross rent multiplier: 155.9
  • Mar 2025
    mls logo MLS # PW24219287
  • Mar 5, 2025 Sold
    $3,120,000
  • Jan 8, 2025 Active
    —
  • Dec 4, 2024 Price Change
    $3,290,000 (-6.0%)
  • Oct 25, 2024 Listed
    $3,500,000
  • Mar 2025
    Public Records
  • Mar 4, 2025 Sold
    $3,120,000 (-5.2%)
  • Year Property taxes Tax assessment
  • 2024
    $39,167 +366.0%
    $532,250
  • 2023
    $8,405 +5.9%
    $532,250 +2.0%
  • 2022
    $7,937 +2.9%
    $521,815 +4.04%
  • 2021
    $7,711 +0.3%
    $501,555
  • 2020
    $7,687
    $501,555
  • 3109 E Corto Pl
    $3.12M
  • Rose Park
    $456K -8% y/y
  • 90803
    $1.09M -15% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
6/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Rose Park

Explore everything this neighborhood has to offer.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Long Beach, CA

Nearby homes for sale in Long Beach, CA

Newest listings in 90803

  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90803
  • 3109 E Corto Pl
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by CRMLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
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 10/22/2026. 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.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.