1110 Loma Ave, Long Beach, CA 90804 - View 1
1110 Loma Ave, Long Beach, CA 90804 - View 2
1110 Loma Ave, Long Beach, CA 90804 - View 3
1110 Loma Ave, Long Beach, CA 90804 - View 4

1110 Loma Ave, Long Beach, CA 90804

Sale Price: $725,000
Jun 26, 20241,500 sqft3 beds2 baths
Listed by: Lisa Kroese
License #: 02095749
Phone #: (626) 755-0636
John Mark Real Estate
Source:
CRMLS Logo
MLS #: P1-18257

Property Description

First time on the market in generations. Calling all contractors, renovators, flippers, and investors! As-is cash only sale is an outstanding investment opportunity on a 6,243 square foot lot, this single-family home is boarded for safety due to being fire damaged. Property is zoned LBR4R, allowing for townhomes, multi-family residential, supportive, transitional and other possible income generating uses. Ideal investment with a lot of options for maximizing income. Parking space includes a long driveway and a spacious detached garage or storage building. Near major freeways, restaurants, coffee shops, cafes, grocery stores, beaches, Recreation Park Golf Course 18, gym and fitness venues, and more. This is the first time on the market in generations. This desirable location will sell fast.Walking distance to Bryant Elementary School, Jefferson Middle School, and Wilson High School. Don't miss out--this exceptional opportunity offers a perfect place to create your dream home or to develop an investment property with multifamily income streams.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,914

TurboHome Estimated Value

$726,300

$484 sqft

High Valuation
$762,615
$508/sqft
Normal Valuation
$726,300
$484/sqft
Low Valuation
$689,985
$460/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$484/sqft$726,300

Neighborhood: East Side

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Comparative Value

$500K

$725K

$815K

$915K

$955K

1207 Obispo Ave 207, Long Beach, CA 90804

Sale Price: $500,000

Selected Comparable

1110 Loma Ave, Long Beach, CA 90804

List Price: $725,000

Subject Property

1110 Loma Ave, Long Beach, CA 90804

Sale Price: $725,000

Selected Comparable

1067 Ximeno Ave, Long Beach, CA 90804

Sale Price: $815,000

Selected Comparable

831 Termino Ave, Long Beach, CA 90804

Sale Price: $915,000

Selected Comparable

777 Obispo Ave, Long Beach, CA 90804

Sale Price: $955,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1110 Loma Ave, Long Beach, CA 90804

1110 Loma Ave, Long Beach, CA 90804

List: $725,000

Listed: 6/26/2024

Area:1,500 sqft
Price/sqft:$483
Beds:3
Baths:2
Year Built:
Lot Size:6,243

Comparable Properties

COMPARABLE
Choose comps
1110 Loma Ave, Long Beach, CA 90804

1110 Loma Ave, Long Beach, CA 90804

Sale: $725,000

9/12/20240.00 mi

Area:1,500 sqft
Price/sqft:$483
Beds:3
Baths:2
Year Built:
Weight:21.6%
831 Termino Ave, Long Beach, CA 90804

831 Termino Ave, Long Beach, CA 90804

Sale: $915,000

9/24/20240.31 mi

Area:1,486 sqft
Price/sqft:$616
Beds:3
Baths:2
Year Built:
Weight:21.0%
777 Obispo Ave, Long Beach, CA 90804

777 Obispo Ave, Long Beach, CA 90804

Sale: $955,000

10/25/20240.41 mi

Area:1,636 sqft
Price/sqft:$584
Beds:3
Baths:2
Year Built:
Weight:19.6%
1067 Ximeno Ave, Long Beach, CA 90804

1067 Ximeno Ave, Long Beach, CA 90804

Sale: $815,000

11/1/20240.47 mi

Area:1,324 sqft
Price/sqft:$616
Beds:3
Baths:2
Year Built:
Weight:18.9%
1207 Obispo Ave 207, Long Beach, CA 90804

1207 Obispo Ave 207, Long Beach, CA 90804

Sale: $500,000

11/5/20240.29 mi

Area:1,267 sqft
Price/sqft:$395
Beds:3
Baths:2
Year Built:
Weight:18.9%

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