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1024 Loma Avenue, Long Beach, CA 90804
$2,150,000
1024 Loma Avenue, Long Beach, CA 90804View this property at 1024 Loma Avenue, Long Beach, CA 90804
1024 Loma AvenueLong BeachCA90804
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Property Description
1024 Loma Avenue is an 8-unit apartment asset located in prime Eastside Long Beach, California offered at 11.95 GRM and 5.50% cap rate on current rents. The property is comprised of (1) 2BD / 2BA unit, (1) 2BD / 1BA unit, and (6) 1BD / 1BA units. There is ample parking of ten (10) surface spaces. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. All renovated units offer in- unit washers and dryers. The property is located in a prime Eastside neighborhood with a 91 Walk Score.
Full Property Details
Full Property Details for 1024 Loma Ave
General
- Sold For: $2,150,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23222006
- Added to Site: 176 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: E Anaheim St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Entry Location: 1
- Square Feet: 4,258
- Year Built: 1953
Unit Information
Unit 1
- Number of Units: 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1998
- Lot Size Source: Assessor
- Zoning: LBR4R
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $504.93
- Price Per Unit: 281250
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Keller Williams - Santa Monica, Robert Stepp
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Schools
Schools serving 1024 Loma Ave
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1055 Freeman Ave, Long Beach, CA 90804 | PK-5 | 0.4 mi | |
750 Euclid Ave, Long Beach, CA 90804 | 6-8 | 0.2 mi | |
4400 E 10th St, Long Beach, CA 90804 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1024 Loma Ave
Date
Details
Price
Change
Source
3/12/2024
Sold
$2,150,000
-4.44%
MLS
12/07/2023
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1024 Loma Avenue, Long Beach, CA 90804 (MLS# PW23222006) is a Multi-Family property that was sold at $2,150,000 on March 12, 2024. Want to learn more about 1024 Loma Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.