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$1,250,000   Price Analysis
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729 Newport Ave
Long Beach, CA 90804
3 bed 2 bath 1,640 SqFt ($762/SqFt)
6,255SqFt lot. Built 1918
Listed 2024-07-02, Taxes $3,884
Ⓧ USDA Ineligible
due to price & location

near Long Beach

FANTASTIC OPORTUNITY FOR AN INVESTOR OR A FAMILY!

LIVE IN ONE UNIT AND RENT OUT THE OTHER, RENT OUT BOTH, OR BUILT AND ADU IN BACK YARD AND BUILD A SECOND APPARTMENT INSTEAD OF THE 4 CAR GARAGE. This property has Two Separate Buildings on a Large 6, 255 Sq Ft Lot with the potential of building an ADU adjacent to the prestigious Belmont Heights Neighborhood. The Main Home is a classic California Craftsman with 960 Sq Ft of Living Space, that includes a lovely Living Room with a Dining space with a built-in hutch, 2 Bedrooms and 1 Full Bathroom, a vast Kitchen with a Pantry and a separate Laundry room with Washer/Dryer hookups. The Craftsman remains one of the Most Popular American Architecture Styles, reflecting Timeless Aesthetics and Value. The Artisanal Craftsmanship of this house has been solidly and lovingly maintained by the sellers to focus on the beauty of its Interior Craftsman Built Ins. The attntion to details is apparent in this home's timeless characteristics. Step into the inviting interior and you will feel the cozy, homey, unpretentious warmth of this home with its distinct and unique living spaces highlighted by the extensive use of wood and a wood burning stove between the living and dining areas. The exterior features Low-Pitch Roofs with Protruding Gables and overhanging Eaves, Large Picture Windows and an Open Porch to Enjoy the Summer Breeze. The Second Unit is Built over a 4 Car Garage with 813 Sq Ft of Living Space with two balconies, a Covered Entrance and 1 oversized Bedroom and 1 Bathroom. This Light and Airy Home has an Amazing Amount of Storage w hich Includes a Fold Out Pantry, a Separate Broom Closet, A Walk In Closet and a Deep Pull-out cabinet in the Full Bathroom. This Home Features a Separate Entrance with No Common Walls Offering a Great Income Opportunity or as a Mother-in-Law/Adult Child Living space. The Roof was replaced in 2024. Both units share a Landscaped backyard with a Covered Patio, Fire Pit and Sprinklers. The yard also features several Fruit trees as well as raised beds for your gardening pleasure. The 4-car garage has double-car entry from both the front and rear of the garage, allowing access street and the back alley. Additional off-street parking for both units is also available in the long driveway leading to the garage. These units are located in a well-established neighborhood. You'll Love Making this Your Brand new Home Only Few Blocks away from the Ocean!!!

WATCH VIDEO OF 731 NEWPORT.


Presented by Mylene Le Bail at
Keller Williams Pacific Estate.


Property MLS #PW24134881 from CRMLS

Bedrooms: 3
Bedrooms On Main Level: 2

Total Bathrooms: 2
Full Bathrooms: 2
Bathrooms On Main Level: 1
Bathroom 1 Features: Bathtub, Shower in Tub

All Bedrooms Down, All Bedrooms Up, Family Room, Laundry, Primary Bathroom, Walk-In Closet

Laundry Features: In Garage, Individual Room

Cooling Features: Central Air, Wall/Window Unit(s)
Fireplace Features: Fireplace: Yes
Heating Features: Floor Furnace, Forced Air, Wood Stove
Heating: Yes

Flooring: Wood

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.143595
Lot Size Dimensions: 6, 255
Lot Size Source: Assessor
Lot Size Square Feet: 6255

Garage Spaces: 4
Garage Description: Attached
Parking Features: Parking YN: Yes, Parking Features: Driveway - Combination, Garage
Parking Total: 8
Uncovered Spaces: 4.00

View: City Lights

Number of Units: 2

School District: Long Beach Unified

Jefferson Leadership Academies School is a public middle school located approximately 0.2 miles away.
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Willard Elementary School is a public elementary school located approximately 0.4 miles away.
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Wilson High School is a public high school located approximately 0.6 miles away.
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Maple Village Waldorf School is a private elementary and middle school located approximately 0.4 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Suburban

Source Listing Status: Active
County: Los Angeles
Directions: 7th street and Redondo
Source Property Type: Residential
Exclusions: Washer and Dryer from the House . Patio furniture and the heater under the cabana.
Area: 3 - Eastside, Circle Area
Property Subtype: townhouse
Source Neighborhood: Eastside (ES)
Parcel Number: 7258023007
Postal Code Plus 4: 5116
Subdivision: Eastside (ES)
Zoning: LBR3S
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$168,566 + $118,095
$286,661
$3,884
2021$165,261 + $115,780
$281,041
$3,799
2020$163,567 + $114,593
$278,160
$3,789
2019$160,360 + $112,347
$272,707
$3,746
2018$157,216 + $110,145
$267,361
$3,573
2017$154,134 + $107,986
$262,120
$3,535
2016$151,112 + $105,869
$256,981
$3,285
2015$148,843 + $104,279
$253,122
$3,157
2014$145,928 + $102,237
$248,165
$3,145
2013$145,269 + $101,775
$247,044
$3,051
2012$142,421 + $99,780
$242,201
$3,099
2010$139,629 + $97,824
$237,453
$2,942
2009$138,916 + $97,324
$236,240
$2,921
2009$138,586 + $97,093
$235,679
$2,921
2008$136,193 + $95,416
$231,609
$2,724
2007$133,523 + $93,546
$227,069
$2,650

Price Changed 2024-07-16
$1,250,000
CRMLS
Price Changed 2024-07-16
$1,250,000
CRMLS
Listed 2024-07-02
$1,299,000
CRMLS
Listed 2024-06-30
$1,299,000
CRMLS
Listing removed 2014-11-05
$1,800
AppfolioUnits
Listed for rent 2014-10-22
$1,800
AppfolioUnits
Sold 1983-04-13
$94,500
Public Record

Total Square Feet Living: 1640
Year Built: 1918
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Main
Living Area Source: Assessor
Property Age: 106
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.