tomo logo

$1,199,000

Beds
2
Baths
1.0
sq ft
830

150 Bennett Ave, Long Beach, CA 90803

150 Bennett Ave

Long Beach, CA 90803

  • 6 days on market
    • Open house Apr 10
Charming 2-Bedroom Beachside Bungalow in the Heart of Long Beach. Welcome to your perfect coastal retreat! This beautifully remodeled 2-bedroom, 1-bath home is ideally situated just off vibrant 2nd Street—home to some of Long Beach’s best shopping, dining, and beach access. Whether you're looking for a full-time residence, weekend getaway, or income-generating property, this one checks all the boxes. Step inside to find stylish wood floors, an updated kitchen with sleek stainless steel appliances, and a bright, open layout. The spacious bedrooms offer comfort and tranquility, while the modern bathroom features clean finishes. Enjoy the convenience of an in-unit washer and dryer, and relax in a space that blends character with contemporary upgrades. Other features include new electrical and plumbing (2021) HVAC (2022) clean out installed in 2023 Currently operating as a successful Airbnb, this home is turnkey and ready for its next chapter. Live the beach lifestyle or continue its rental success—either way, you’re in the center of it all.

Details

Property type

Single Family Residence

Est. home value

$1,080,745

Lot size

2,540 sq ft

Price per sq ft

$1,445

Year built

1920

HOA

No

Price History

04/03/2025
CRMLS

CRMLS #PW25073376

Listed
$1,199,000
+33.22%
10/01/2021
CRMLS

CRMLS #PW21155637

Sold
$900,000

Schools & Community

Neighborhood: 

Belmont Heights

Elementary school: 

Fremont

Middle school: 

Rogers

High school: 

Wilson

Community features: 

Street Lights, Sidewalks

High school district: 

Long Beach Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$481,569
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$621,511
Cash to seller
$481,569

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2021

Original loan amount

$675,000

Est. remaining balance

$621,511

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Jose Adolfo Velasco and Sovina Velasco

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/09/2025 at 12:10 PM

Listing updated: 04/05/2025 at 6:55 AM

Listed by: Philip DeMatteo, First Team Real Estate Phone #: (562) 596-9911

MLS: CRMLS #PW25073376

CRMLS logo

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