3 months on rocket

930 E Ocean Blvd, Long Beach, CA, 90802

$2,200,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
6 Baths
3,529 SqFt
$623/SqFt
House
Schools Nearby

Location

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930 E Ocean Blvd, Long Beach$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingConcrete, Door-Multi, Garage
Attached GarageYes
Year Built1988
CoolingNone
WaterfrontOcean Front
MLS #24351813
Lot Size0.09 Acres
StatusActive

About 930 E Ocean Blvd

Introducing 930 E Ocean Boulevard, an investment opportunity in the heart of Long Beach, California (90802). This meticulously maintained property comprises six units, featuring a well-balanced mix of two 2-bedroom/1-bathroom unit, three 1-bedroom/1-bathroom units, and one unpermitted studio unit. The owner recently executed a comprehensive remodel. The upgrades include fresh paint, a new roof, and termite repairs, ensuring a no hassle investment for prospective buyers. Notably, three of the units have undergone full remodels, adding a touch of modern sophistication. This prime investment opportunity not only offers a stable income stream with a gross income of $134,100 and a solid net income of $89,124 annually but also addresses Long Beach's parking challenges. With an on-site garage and additional parking spaces, this property provides a valuable solution to the city's parking constraints. Strategically situated on East Ocean Boulevard, this property is not only an income generator but holds potential for long term appreciation. The well-designed unit mix, recent renovations, and dedicated on-site parking make it an attractive investment. Investors will appreciate the strategic location, quality renovations, and the thoughtful inclusion of on-site parking that 930 E Ocean Boulevard presents. Don't miss the chance to acquire a premium property in the thriving Long Beach market, poised for both immediate returns and long-term value.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 2
  • Living Area: 3,529 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: John McCann

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front

Parking Information:

  • Attached Garage: Yes
  • Parking: Concrete, Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Coming from west of Alamitos Ave, head east on Ocean Blvd and the property is on the first street to your right. Coming from the East, head west down Ocean Blvd, the property is to your left in between Bonito Ave and N Alboni Pl.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $623/SqFt

Tax Information:

  • Annual Amount: $22,557
  • Tax Year: 2021
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Housing Market Comparison

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

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Long Beach, CA

City

Med. Sold Price

$790K

Med. Price/SqFt

$612

Avg. Days On Market

31

# of Sold Homes

174

930 E Ocean Blvd vs Long Beach

93 DAYS ON ROCKET

+62 Days

$2,200,000

+$1.4M More

$623/SqFt

+$10 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $10/SqFt more than other homes in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24351813

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: John McCann

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: 4/28/2024, 11:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$22,557$1,750,000
2020$24,344$1,910,173
2019$23,751$1,872,720
2018$20,488$1,836,000
2017$20,488$1,553,332

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

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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-2208500
4
/10

  • Stevenson Elementary School

  • 515 Lime Ave

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-2208501
5
/10

  • International Elementary School

  • 700 Locust Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-2208502
5
/10

  • Burbank Elementary School

  • 501 Junipero Ave

  • 1.05 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,947. Residents of Long Beach, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 930 E Ocean Blvd

What is the listing price of this property?

The listing price of 930 E Ocean Blvd property is $2,200,000.

What type of property is this?

The property 930 E Ocean Blvd is a house located in Long Beach, California, 90802.

Is this property for sale now?

Active Listing: 930 E Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $22,557 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 930 E Ocean Blvd has 7 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 930 E Ocean Blvd is 3,529 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 930 E Ocean Blvd is 1988.

Rocket Homes›California›Los Angeles County›Long Beach›90802›930 E Ocean Blvd

This home is located at 930 E Ocean Blvd in Long Beach, CA and zip code 90802 in the The Harbor neighborhood. This 3,529 square foot home, which was built in 1988, sits on a 0.09 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $2,200,000.

In March 2024, from all listings sold in Long Beach, CA there were more than 76 sold above asking price, over 59 sold below and more than 39 were sold right at the asked price. In March 2024 in Long Beach, CA there were 1.8% more homes for sale than in February 2024. Listings spent 31 days on the market in March 2024, and had a median list price of $790,000 during the same period.

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

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