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270 Loma Ave, Long Beach, CA 90803

Sale Price: $1,050,000
Jun 23, 20242,002 sqft4 beds3 baths
Listed by: James Trousil
License #: 01020881
Phone #: 562-622-6922
Pleasant Home Realty
Source:
CRMLS Logo
MLS #: RS24128497

Property Description

RARE three detached units on an exceptionally HUGE 8,115 square foot Lot in the historic Belmont Heights neighborhood. *********************** DO NOT MISS out on this EXCELLENT OPPORTUNITY to own a compound with 3 structures and ample land just waiting to be RE-imagined. ********* The front house has 2 bedrooms, 1 bathroom, living room, dining room, kitchen and inside laundry facilities. It is approximately 998 sq.ft. (showing on assessor's records as 3/2 built in 1914). *************** The center house has a 1 bedroom, 1 bathroom, living room, dining room, kitchen, and inside laundry facilities. It is approximately 572 sq ft. built in 1923. ************* The 3rd, rear unit is a 2nd story studio above the garages with a kitchen, dining room, living room and bathroom. It has approximately 432 sq ft, built in 1928. ************* The garages below the 2nd story studio could potentially be repurposed as an ADU. ************ This is a complete FIXER UPPER. The property is being sold "AS-IS" in its present condition.
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

$9,363

TurboHome Estimated Value

$1,062,100

$531 sqft

High Valuation
$1,115,205
$557/sqft
Normal Valuation
$1,062,100
$531/sqft
Low Valuation
$1,008,995
$504/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$531/sqft$1,062,100

Neighborhood: Belmont Heights

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Comparative Value

$1.05M

$1.27M

$1.34M

$1.43M

$1.50M

270 Loma Ave, Long Beach, CA 90803

Sale Price: $1,050,000

Selected Comparable

624 Termino Ave, Long Beach, CA 90814

Sale Price: $1,269,000

Selected Comparable

660 Mira Mar Ave, Long Beach, CA 90814

Sale Price: $1,275,000

Selected Comparable

506 Newport Ave, Long Beach, CA 90814

Sale Price: $1,340,000

Selected Comparable

661 Grand Ave, Long Beach, CA 90814

Sale Price: $1,425,000

Selected Comparable

270 Loma Ave, Long Beach, CA 90803

List Price: $1,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
270 Loma Ave, Long Beach, CA 90803

270 Loma Ave, Long Beach, CA 90803

List: $1,500,000

Listed: 6/23/2024

Area:2,002 sqft
Price/sqft:$749
Beds:4
Baths:3
Year Built:
Lot Size:8,115

Comparable Properties

COMPARABLE
Choose comps
661 Grand Ave, Long Beach, CA 90814

661 Grand Ave, Long Beach, CA 90814

Sale: $1,425,000

6/5/20250.48 mi

Area:1,972 sqft
Price/sqft:$723
Beds:4
Baths:3
Year Built:
Weight:22.8%
270 Loma Ave, Long Beach, CA 90803

270 Loma Ave, Long Beach, CA 90803

Sale: $1,050,000

12/6/20240.00 mi

Area:2,002 sqft
Price/sqft:$524
Beds:4
Baths:3
Year Built:
Weight:22.7%
660 Mira Mar Ave, Long Beach, CA 90814

660 Mira Mar Ave, Long Beach, CA 90814

Sale: $1,275,000

9/25/20240.51 mi

Area:1,712 sqft
Price/sqft:$745
Beds:4
Baths:3
Year Built:
Weight:19.0%
506 Newport Ave, Long Beach, CA 90814

506 Newport Ave, Long Beach, CA 90814

Sale: $1,340,000

3/14/20250.36 mi

Area:2,003 sqft
Price/sqft:$669
Beds:5
Baths:3
Year Built:
Weight:18.7%
624 Termino Ave, Long Beach, CA 90814

624 Termino Ave, Long Beach, CA 90814

Sale: $1,269,000

7/25/20250.50 mi

Area:1,921 sqft
Price/sqft:$661
Beds:3
Baths:2
Year Built:
Weight:16.8%

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