Belmont Heights Neighborhood Market Report-Long Beach California Real Estate
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Homes, Condos and Income Properties
Long Beach California Real Estate Sales - 2008
Updated 8/11/2008
Belmont Heights is bounded by:
- Ocean Blvd and Livingston Drive on the South
- Redondo Avenue on the West
- 4th Street to the North
- Nieto Avenue to the East
The Belmont Heights neighborhood of Long Beach California is a lovely, ecclectic mix of early century homes, low rise condos, smaller apartment buildings (including some fabulous spanish duplexes), restaurants, coffee shops, funky stores, galleries and a nice mix of neighborhood friendly small business. Just blocks from the bluffs, overlooking the harbor, the beach, and a short walk into Belmont Shore, Belmont Heights is a tree lined Long Beach Community developed in the early 20th Century, and a great place to call home. Many of the neighborhood homes were originally built as summer cottages mostly between 1905 and 1939, later becoming year round residences. More bungalow style homes can be found here than in any other community of Long Beach.
Read Also:
- Belmont Heights Neighborhood of Long Beach California Resource Guide
- Bluff Park Historic District Neighborhood Market Report
- Long Beach California Beach Communities
- History of Long Beach California
- Long Beach CA Historic Homes and Districts
- THE MILLS ACT
Belmont Heights Homes - Sales 2008
There are currently 26 Homes for sale in Belmont Heights, ranging in price from $449,000 to $1,795,000.
- Average Price: $1,066,071
- Average Days on Market: 78
There are currently 4 Belmont Heights Homes in escrow, accepting Back-Up offers.
- Average Price: $863,749
- Average Days on Market: 136
and 4 Belmont Heights Homes are Pending in escrow:
- Average Price: $673,225
- Average Days on Market: 45
22 Homes in Belmont Heights have closed escrow in 2008.
- Average Price: $1,013,409
- Average Days on Market: 96
Belmont Heights Homes For Sale
- Belmont Heights Homes For Sale $800000 and less
- Belmont Heights Homes For Sale $800000 to $1200000
- Belmont Heights Homes For Sale $1200000 and higher
Belmont Heights Condos-Coops-OYOs - Sales 2008
No Coops or OYOs have sold in Belmont Heights in 2008.
There are 9 Belmont Heights Condos For Sale ranging in price from $205,000 to $949,000.
- Average Price: $454,555
- Average Days on Market: 52
1 Belmont Heights Condo is accepting Back-up Offers
- Average Price: $381,500
- Average Days on Market: 34
12 Belmont Heights Condos have closed escrow in 2008.
- Average Price: $416,407
- Average Days on Market: 106
Belmont Heights Condos For Sale
- Belmont Heights Condos For Sale $300000 to $400000
- Belmont Heights Condos For Sale $400000 to $500000
- Belmont Heights Condos For Sale $500000 to $600000
- Belmont Heights Condos For Sale $600000 to $800000
Belmont Heights Income Properties - Sales 2008
There are 11 Belmont Heights income properties for sale, ranging in price from $675,000 to $1,900,000.
- Average Price: $1,277,909
- Average Days on Market: 158
Belmont Heights Income Properties For Sale
7 Belmont Heights Income Properties Sold in 2008, ranging in price from $735,000 (Duplex) to $3,125,000 (14 Units).
- Average Price: $1,417,142
- Average Days on Market: 111
| RIN | Status | Units | GSI | Cap | GRM | Net Inc | Address | Yblt | Bldg SF | Sty | Price | DOM |
| 1 | A | 2 | $26,400 | 3.76% | 25.57 | $25,400 | 309 Prospect Ave | 1923 | 1,550 | $675,000 | 202 | |
| 2 | A | 3 | $37,800 | 0% | 20.87 | $0 | 3519 E 4th St | 1920 | 1,755 | $789,000 | 123 | |
| 3 | A | 5 | $61,980 | 3.78% | 17.42 | $40,821 | 207 Mira Mar Ave | 1922 | 4,160 | $1,080,000 | 19 | |
| 4 | A | 3 | $0 | 0% | $0 | 218 Mira Mar Ave | 1927 | 2 | $1,195,000 | 326 | ||
| 5 | A | 1 | $1,300 | 0% | 923.08 | $0 | 251 Mira Mar Ave | 1924 | 2,363 | $1,200,000 | 23 | |
| 6 | A | 4 | $51,300 | 2.54% | 25.24 | $32,900 | 3543-3549 E Broadway | 1910 | 2,544 | 2 | $1,295,000 | 147 |
| 7 | A | 2 | $48,000 | 2.49% | 28.13 | $33,600 | 4609 E Colorado St | 1972 | 2,822 | 2 | $1,350,000 | 195 |
| 8 | A | 3 | $0 | 0% | $0 | 249 Loma Ave | 1918 | 4,160 | 2 | $1,399,000 | 278 | |
| 9 | A | 4 | $0 | 0% | $0 | 231 Roswell Ave | 1977 | 4,174 | $1,479,000 | 82 | ||
| 10 | A | 4 | $81,240 | 3.93% | 20.86 | $66,617 | 218 Roycroft Ave | 1923 | 4,398 | $1,695,000 | 48 | |
| 11 | A | 6 | $122,400 | 5.07% | 15.52 | $96,280 | 206 Belmont Ave | 1964 | 6,242 | 2 | $1,900,000 | 298 |
| 12 | S | 2 | $43,200 | 5.55% | 18.03 | $43,200 | 268 Bennett Ave | 1923 | 1,944 | 1 | $735,000 | 26 |
| 13 | S | 2 | $29,400 | 2.06% | 29.56 | $17,930 | 3939 E 2nd St | 1921 | 2,076 | $850,000 | 179 | |
| 14 | S | 2 | $0 | 6.91% | 14.48 | $69,000 | 256 Euclid Ave | 1973 | 2,632 | $895,000 | 23 | |
| 15 | S | 4 | $74,100 | 4.46% | 16.19 | $53,515 | 3715 E 4th St | 1981 | 4,080 | $1,100,000 | 448 | |
| 16 | S | 5 | $124,200 | 0% | 13.52 | $0 | 15 Loma Ave | 1936 | 8,190 | $1,615,000 | 53 | |
| 17 | S | 8 | $130,200 | 5.15% | 13.44 | $90,200 | 3417 E 2nd St | 1964 | 7,435 | $1,600,000 | 24 | |
| 18 | S | 14 | $250,000 | 5.65% | 12.6 | $178,000 | 4035 E Livingston Dr | 1923 | 11,844 | 2 | $3,125,000 | 26 |
*All statistics are as represented by the MLS and are not to be interpreted as the representations of the author.
DOM = Days on Market
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Call Laurie for an appointment to view Belmont Heights Homes or Condos in Long Beach California.
| Laurie MannyLong Beach Realtor (562) 212-5420 |
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Main Street Realtors Belmont Heights 244 Redondo Avenue Long Beach California 90803 |
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