Long Beach, CA 90804 783 Newport Avenue
$2,389,800
Presented By: Bill Davis with Bill Benjamin P. Davis;
Beds • 12
Baths • 9
SQFT • 6,775
Garage • 4
Year Built • 1957
Home Details
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 and 6 large 1-bedroom units. 4 garages off Alley.
Presented By: Bill Davis with Bill Benjamin P. Davis;
Interior Features for 783 Newport Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 783 Newport Avenue
Additional Parcels Y/NNo
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, Curbs, Fishing, Golf, Hiking, Park, StreetLights, Sidewalks, WaterSports
CountyLos Angeles
DirectionsBetween 7 and 8 street East of Redondo
Electric Expense1200.0
Electric On Property Y/NNo
Entry LocationFront Gate
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income163260.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense8900.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan, Conventional, Submit
Lot Size Square Feet6257.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MaintenanceExpense3477.0
MobileHomeRemainsYNNo
Net Operating Income87932.0
New ConstructionNo
Number Of Units Total9
Number of Units Leased9
Operating Expense56727.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot21
Taxes$27,862
Tenant PaysElectricity, Gas
Total Actual Rent13400.0
Trash Expense1199.0
Water Sewer Expense4000.0
Waterfront Y/NNo
Year Built1957
Year Built SourceAssessor
ZoningLBR3S
Exterior for 783 Newport Avenue
Building Area Total6775.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1436
Lot Size Area6257.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePrivate
Additional Details
Price History
Justin Hughey
Price
$2,389,800
MLS#GD25049316
List Date
03/06/2025
Property Type
Multi-Family
Phone
(562) 818-1655
