1024 Loma Avenue
Long Beach, CA 90804
Sold
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.
PROPERTY INFORMATION
MLS # | PW23222006 | Lot Size | 8,705 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
Price | $ 2,250,000
Price Per SqFt: $ 528 |
DOM | 518 Days |
Address | 1024 Loma Avenue | Type | Residential Income |
City | Long Beach | Sq.Ft. | 4,258 Sq. Ft. |
Postal Code | 90804 | Garage | N/A |
County | Los Angeles | Year Built | 1953 |
Bed / Bath | 5 / 0 | Parking | 10 |
Built In | 1953 | Status | Closed |
Sold Date | 2024-03-12 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Inside |
EntryLocation | 1 |
Entry Level | 1 |
EXTERIOR FEATURES
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,400
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
03/01/2024 | Pending | $2,250,000 |
12/07/2023 | Listed | $2,250,000 |

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Listing provided courtesy of Robert Stepp, Keller Williams - Santa Monica. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.