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314 Ultimo Avenue, Long Beach, California 90814, Long Beach, 90814 - 4 bed, 3 bath

314 Ultimo Avenue, Long Beach, California 90814 home-pic-0
ACTIVE$1,749,999
314 Ultimo Avenue, Long Beach, California 90814
4Beds
3Baths
2,214Sqft
5,153Lot

Price Vs. Estimate

The estimated value ($1,749,999) is $0 (0%) lower than the list price ($1,749,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Lowell Elementary School (9/10).
Top Cons:
Absence of Central Air Conditioning: The property description highlights ocean breezes but does not mention a central cooling system, which could be a significant comfort concern during warmer periods.

Compared to the nearby listings

Price:$1.75M vs avg $1.35M (+$399,999)74%
Size:2,214 sqft vs avg 1,508 sqft70%
Price/sqft:$790 vs avg $80337%

More Insights

Built in 1995 (30 years old).
Condition: This property, built in 1995, has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinetry, sleek stainless steel appliances, and a contemporary subway tile backsplash. The bathrooms are 'spa-like' with floating vanities, modern fixtures, rain showers, and designer finishes, all appearing virtually new and meeting current quality standards. French Oak hardwood flooring extends throughout the home, and recessed lighting is prevalent. While the property was built in 1995 and the listing notes a potential absence of central air conditioning, the significant and recent updates to critical areas elevate its condition to excellent, showcasing minimal physical depreciation in the renovated spaces.
Year Built
1995
Close
-
List price
$1.75M
Original List price
$1.8M
Price/Sqft
$790
HOA
-
Days on market
-
Sold On
-
MLS number
PW25230797
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

UNIQUE OPPORTUNITY FOR BUYER TO ASSUME THE SELLER'S LOAN AT A LOW RATE! POSSIBLE SELLER FINANCING ALSO AVAILABLE. Welcome to 314 Ultimo Ave, a beautiful Spanish Gem in the highly desirable Alamitos Heights neighborhood of Long Beach! Tucked away in a peaceful cul-de-sac on a LARGER lot, this gorgeous 4-bedroom, 3-bathroom home offers the perfect blend of modern updates, thoughtful design, and prime location. Just wait until you see this one in person! Step inside and be immediately greeted by French Oak hardwood flooring that flows seamlessly throughout the home. The heart of the home is the beautifully updated kitchen, complete with white shaker cabinetry, sleek stainless steel appliances, and plenty of counter space to bring your culinary visions to life. The layout is both functional and flexible, offering not one but TWO PRIMARY SUITES — one on each floor — providing the ultimate privacy and convenience. The first floor boasts three spacious bedrooms and TWO spa-like bathrooms with floating vanities and modern rain showers. Upstairs, your private sanctuary awaits: a full primary suite with dual walk-in closets and a beautifully remodeled en-suite bath featuring designer finishes, dual sinks, and another luxe rain shower. But the magic doesn’t stop inside! Step out into your beautifully landscaped front and backyard — both featuring drought-tolerant landscaping for eco-friendly, low-maintenance living. Multiple outdoor seating areas offer endless opportunities for relaxation, entertaining, and dining! Fire up the grill in your BBQ space, unwind with a glass of wine under the stars, or sip your morning coffee as you enjoy that beautiful ocean breeze. A detached two-car garage provides generous storage and parking, or explore the possibility of converting it into an ADU for added living space or rental income. Located just minutes from Belmont Shore’s ever popular 2nd Street, fine dining on Naples Island, upscale shopping at 2nd & PCH, family friendly Mother's Beach, and the Colorado Lagoon, you’ll enjoy the best of Long Beach right in your backyard — from high-end dining and boutique shopping to paddleboarding, picnics, and sunny beach days! This home is a true must see so be sure to schedule your personal showing appointment today!

Nearby schools

9/10
Lowell Elementary School
Public,•K-5•0.6mi
7/10
Rogers Middle School
Public,•6-8•0.4mi
6/10
Wilson High School
Public,•9-12•1.2mi

Price History

Date
Event
Price
05/01/96
Sold
$290,000
11/22/23
Sold
$1,850,000
04/29/20
Sold
$1,020,000
10/28/19
Sold
$910,000
10/28/19
Sold
$955,000
Condition Rating
Excellent
This property, built in 1995, has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinetry, sleek stainless steel appliances, and a contemporary subway tile backsplash. The bathrooms are 'spa-like' with floating vanities, modern fixtures, rain showers, and designer finishes, all appearing virtually new and meeting current quality standards. French Oak hardwood flooring extends throughout the home, and recessed lighting is prevalent. While the property was built in 1995 and the listing notes a potential absence of central air conditioning, the significant and recent updates to critical areas elevate its condition to excellent, showcasing minimal physical depreciation in the renovated spaces.
Pros & Cons

Pros

Great Schools: Elementary School: Lowell Elementary School (9/10).
Attractive Financing Options: The unique opportunity for buyers to assume the seller's low-rate loan or explore seller financing significantly enhances affordability and broadens the buyer pool.
Prime Location: Located in the highly desirable Alamitos Heights neighborhood, offering convenient access to Belmont Shore, Naples Island, upscale shopping, and various recreational amenities.
Modern Interior Updates: Features French Oak hardwood flooring, a beautifully updated kitchen with white shaker cabinetry and stainless steel appliances, and spa-like bathrooms with modern finishes.
Flexible Layout with Dual Primary Suites: The home boasts two primary suites, one on each floor, providing exceptional privacy and versatility for multi-generational living or guest accommodations.
Outdoor Living & ADU Potential: Includes beautifully landscaped, drought-tolerant front and backyards with multiple seating areas, and a detached two-car garage with potential for ADU conversion.

Cons

Absence of Central Air Conditioning: The property description highlights ocean breezes but does not mention a central cooling system, which could be a significant comfort concern during warmer periods.
Potential for Older Core Systems: Built in 1995, while cosmetically updated, some core systems (e.g., plumbing, electrical, roof) may be original and nearing the age where future maintenance or replacement could be anticipated.
Recent Price Reduction: The property has undergone a recent price reduction from its original listing, which may suggest an initial overpricing or market resistance at this high price point.

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