23 days on rocket

5 Loma Ave, Long Beach, CA, 90803

$3,990,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1924
HeatingCentral, ENERGY STAR Qualified Equipment
CoolingCentral Air, ENERGY STAR Qualified Equipment
MLS #NP24068688
Lot Size0.11 Acres
StatusActive

About 5 Loma Ave

Prestigious Bluff Park Historic District. Located along the Ocean Bluffs, with a panoramic view of the Pacific Ocean. Walking distance from lively Belmont Shores 2nd Street. These are more than income-generating units. These are executive apartments with private patios, ocean views, and their very own private garage as well as private laundry. A rare find indeed!! 3535 E Ocean Blvd: Approximately 1500 square foot home from the front porch, you are surrounded by beautiful unobstructed ocean views. Spanish-style home with oak hardwood floors throughout. It may seem like an escape back in time, but don’t be mistaken this home has been extensively remodeled to have the look and feel of an old Spanish Villa while providing all the state-of-the-art amenities. Viking 6 burner stove, Subzero Refrigerator, Open concept kitchen/dining room/living room with cabinetry that was built custom and specifically for the space. That’s just the kitchen! Central Air and Heating. Completely new electrical, a tankless water heater, plumbing that has been completely redone down to the main waterline. Built in bookcases, and home office accommodations offer a space to conduct business just in time to frontier into the new norm; working or creating from the comfort of your living room. Master bedroom has a ¾ bathroom, plenty of closet space and large windows that bring in lovely warm light and a soft breeze. 2nd bedroom is located to the rear of the unit, with a large walk in closet and 3 windows that surround the room bringing in lots of bright sunshine. Full bath is located at the end of the hall and was made to look vintage with its gorgeous glass tile, and chrome fixtures a real must see! This downstairs part of the home also has a private patio to round out the perfect beach living dream. It offers a built-in BBQ, with mini-fridge, two areas for storage, and plenty of room for entertaining.....NICE!!! 3533 E Ocean Blvd & 5, 7 Loma Ave Now imagine all of the above the central air/heat, the tankless water heater to provide unlimited hot water without worry, hardwood floors throughout, Spanish tile backsplash and flooring, but with a private balcony! 5 Loma offers a 1 bedroom 1 bath, with French doors that open up to the perfect balcony for beach living and people watching. 7 Loma is perfect for the tenant who loves the minimalist lifestyle while having all same amenities offered to the other unit

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1924
  • Stories: 2

Listing Office:

  • Office Name: A1 Realty, Inc.
  • Office Phone: (949) 887-3199
  • Listing Agent: Moe Usman

Interior Features

Interior Information:

  • Interior: Entrance Foyer, Main Level Primary, Walk-In Closet(s)

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment
  • Cooling: Central Air, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: West of Belmont shore, 1 block east of Redondo ave On Ocean blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,990,000

Tax Information:

  • Annual Amount: $22,197
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

Med. Sold Price

$790.3K

Med. Price/SqFt

$616

Avg. Days On Market

27

# of Sold Homes

179

5 Loma Ave vs Long Beach

23 DAYS ON ROCKET

-4 Days

$3,990,000

+$3.1M More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NP24068688

Listing Office:

  • Office Name: A1 Realty, Inc.
  • Office Phone: (949) 887-3199
  • Listing Agent: Moe Usman

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2021Home Sold
$3,500,000
Mar 19, 2015Home Sold
$1,600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$22,197$1,794,635
2020$21,879$1,776,234
2019$21,324$1,741,407
2018$20,944$1,707,263
2017$20,944$1,656,888

History based on county public records data.

Payment Calculator

$19.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4499105
3
/10
  • Mann Elementary School

  • 257 Coronado Ave

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-4499106
8
/10
  • Fremont Elementary School

  • 4000 E 4th St

  • 0.79 miles

  • Public District Grades KG-5

school-card-donut-4499107
7
/10
  • Lowell Elementary School

  • 5201 E Broadway

  • 1.10 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,949. The most common annual income of people living in Long Beach, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyLong Beach908035 Loma Ave

This home is located at 5 Loma Ave in Long Beach, CA and zip code 90803 in the The Harbor neighborhood. This home, which was built in 1924, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $3,990,000.

In April 2024 more than 96 listings in Long Beach, CA were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 47 were sold below. The number of homes for sale in Long Beach, CA increased by 8% between March 2024 and April 2024. While the average time on the market in April 2024 was 27 days, the median list price was $790,334.

From Rocket Homes Real Estate and based on county public records data.

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