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Image 1 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 2 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 3 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 4 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 5 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 6 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 7 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 8 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Image 9 - 239 Colorado Place, Long Beach, CA 90803, USA - House for sale
Home For Sale In Long Beach, California
239 Colorado Place, Long Beach, CA 90803, USA

Home For Sale In Long Beach, California

house for sale
Listed: 05/09/24

239 Colorado Place, Long Beach, CA 90803, USA

12 Bed:
10 Bath:
6,077 Sq Ft Living Area:
Save
Price
$ 3,3M

About This House

First time on the market since 1973, these 8 garden-style two-story walkup apartment units are located in the highly desirable area of Bluff Heights at 245 Temple Avenue in Long Beach, California. This asset is situated adjacent to 2nd Street near shopping, restaurants, entertainment and excellent employment opportunities. 245 Temple Avenue offers the rare opportunity to acquire an asset with an attractive current cap rate that still provides substantial value-add through the completion of an interior renovation and realistic rental upside. The property has a Walk Score of 92 and a Bike Score of 90 making it a walkers and Bikers Paradise.

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $939,766, an increase of 0.6% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of May 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.