Property listed by Bill Benjamin P. Davis, Bill Davis 626-833-9697

783 Newport Avenue

Long Beach, CA 90804
$2,389,800
Beautiful East of Redondo Security Building. Located between 7th and 8th St. Property is pride of ownership. Well, maintained. Courtyard Style. New updated handrails and Paint recently done. Lots of room for improvement on the rents. Three large 2-bedroom units andRead MoreRead Less
Property listed by Bill Benjamin P. Davis, Bill Davis 626-833-9697
Listing Snapshot
Days Online
65
Last Updated
Property Type
Apartment
Lot Size
0.14 Acres
Year Built
1957
MLS Number
GD25049316
30 Days Snapshot Of 90804
$717k
+5%
(avg) sold price
10
0%
homes sold
85
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 6,775, Levels: Two, 2 stories, 1 building, Architectural style: Contemporary, Attached, Common walls: TwoCommonWallsOrMore
Community
Biking, Curbs, Fishing, Golf, Hiking, Park, StreetLights, Sidewalks, WaterSports
Expenses
Electric expense: $1,200, Furniture replacement expense: $2,369, Gardener expense: $1,200, Insurance expense: $8,900, Maintenance expense: $3,477, New taxes expense: $27,862, Operating expense: $56,727, Supplies expense: $1,693, Trash expense: $1,199, Water sewer expense: $4,000, Other expense: $4,897
Garage
4 spaces
Income
Gross income: $163,260, Net operating income: $87,932
Laundry
CommonArea
Lot
0.1436 acres, 6,257 square feet, Size: 6,257, ZeroToOneUnitAcre
Parking
2 totals parking
Pool
None
Property
Zoning: LBR3S
Sewer
PublicSewer
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.