Search
1030 Myrtle Ave, Long Beach, CA 90813
Image 2 for 1030 Myrtle Ave, Long Beach, CA 90813
Image 3 for 1030 Myrtle Ave, Long Beach, CA 90813
View Photos

1030 Myrtle Ave Long Beach, CA 90813

$1,350,000 Sold Price as of 10/04/2021
  • 10 Beds
  • 4 Baths
  • 3,040 Sq.Ft.
Sold
$1,350,000 Sold Price as of 10/04/2021 Refinance Your Mortgage
Map preview of 1030 Myrtle Ave, Long Beach, CA 90813

Property Overview: 1030 Myrtle Ave Long Beach, CA has 10 bedrooms, 4 bathrooms, 3,040 living square feet and 6,535 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1030 Myrtle Ave is a 4-unit located in North Alamitos Beach, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. The 4-unit was built in 2005 and consists of 3,040 SF of living space situated on a 6,535 SF lot. 1030 Myrtle Ave offers an ideal unit mix consisting of (3) 3-Bed/1-Bath units and (1) 1-Bed/1-Bath unit. The property features (4) 2-car garage spaces, on-site laundry, and separate meters for gas & electric. Located in one of the strongest rental markets in California and currently performing above a 5% cap rate - this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low.

Listed by Brett Lyon | BRE #01717818 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Joseph Stahl | BRE #01399621 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
6,535
HOA Dues
$0/mo
Year built
2005
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21143593
City
Long Beach
County
Los Angeles
Time on Site
1170 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,330
  • Total Rent: $1,330
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,713
  • Total Rent: $2,713
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,613
  • Total Rent: $5,226
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.81%
  • Gross Rent Multiplier: 12.36
  • Gross Scheduled Income: $111,228
  • Net Operating Income: $79,894
  • Gross Operating Income: $105,667
  • Vacancy Allowance: $5,561
Annual Expense Breakdown
  • Total Operating Expense: $26,839
  • New Taxes: $16,212
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,824
  • Maintenance: $3,337
  • Water/Sewer: $0
  • Other Expenses: $3,200
  • Other Expense Description: Utility

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1030 Myrtle Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7274010011
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: Four parcels from the corner of East 10th Street and Myrtle Avenue
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1030 Myrtle Ave

Last sold for $1,350,000 on October 4th, 2021

  • August, 2021

  • Aug 6, 2021

    Date

    Pending

    CRMLS: SB21143593

    $1,375,000

    Price

  • Jul 26, 2021

    Date

    Price Change

    CRMLS: SB21143593

    $1,375,000

    Price

  • Jul 7, 2021

    Date

    Active

    CRMLS: SB21143593

    $1,475,000

    Price

  • September, 2002

  • Sep 18, 2002

    Date

    Sold (Public Records)

    Public Records

    $99,000

    Price

  • July, 2002

  • Jul 15, 2002

    Date

    Sold (Public Records)

    Public Records

    $42,000

    Price

Show More

Tax History for 1030 Myrtle Ave

Assessed Value (2020): $1,112,106
Year Land Value Improved Value Assessed Value
2020 $612,284 $499,822 $1,112,106

Home Value Compared to the Market

This property vs the competition

1030 Myrtle Ave sold on October 4, 2021 for 67.89% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $452.3 per/sqft which puts the price per square foot 27.98% lower than the current median sale per square foot for the city of Long Beach.

About 1030 Myrtle Ave

Detailed summary of property

1030 Myrtle Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 10 bedrooms, 4 bathrooms, roughly 3,040 living square feet, and sits on an approximately 6,535 square foot lot. 1030 Myrtle Ave was first listed on ArdentRealEstateGroup.com on July 7, 2021. The homeowner sold the property for $1,350,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 67.89% higher than the current median priced home. Local homes that are currently for sale include 1817 E 3rd St, 1163 Magnolia Ave and 529 W 10th St.. While the average home in Long Beach, CA is selling in 62 days, 1030 Myrtle Ave has a days on market of 30 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1030 Myrtle Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1030 Myrtle Ave

Public county record property details
Beds
10
Baths
4
Year built
2005
Sq. Ft.
3,040
Lot Size
6,534
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7274-010-011

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1030 Myrtle Ave

Nearby Homes for Sale

1000 E 10th St, Long Beach, CA 90813
$1,599,000
14 Beds
7 Baths
5340 Sq.Ft.
1000 E 10th St
Long Beach, CA 90813
1010 Lime Ave, Long Beach, CA 90813
$1,140,000
8 Beds
5 Baths
3209 Sq.Ft.
1010 Lime Ave
Long Beach, CA 90813
801 Atlantic Ave, Long Beach, CA 90813
$1,495,000
10 Beds
4 Baths
3312 Sq.Ft.
801 Atlantic Ave
Long Beach, CA 90813
1132 E Arcadia Court, Long Beach, CA 90813
$1,150,000
9 Beds
7 Baths
2886 Sq.Ft.
1132 E Arcadia Court
Long Beach, CA 90813
1052 E 5th St, Long Beach, CA 90802
$1,600,000
10 Beds
5 Baths
3421 Sq.Ft.
1052 E 5th St
Long Beach, CA 90802
1052 E 5th St, Long Beach, CA 90802
$1,600,000
10 Beds
5 Baths
3421 Sq.Ft.
1052 E 5th St
Long Beach, CA 90802
1021 Pacific Ave, Long Beach, CA 90813
$1,350,888
10 Beds
6 Baths
4680 Sq.Ft.
1021 Pacific Ave
Long Beach, CA 90813
436 Gaviota Ave, Long Beach, CA 90802
$1,385,000
10 Beds
6 Baths
2856 Sq.Ft.
436 Gaviota Ave
Long Beach, CA 90802
Open Sat 1pm-4pm
1640 E Erie St, Long Beach, CA 90802
$1,100,000
5 Beds
3 Baths
1586 Sq.Ft.
1640 E Erie St
Long Beach, CA 90802
332 W 9th St, Long Beach, CA 90813
$1,200,000
8 Beds
4 Baths
3372 Sq.Ft.
332 W 9th St
Long Beach, CA 90813
1122 Cherry Ave, Long Beach, CA 90813
$1,099,000
5 Beds
5 Baths
2215 Sq.Ft.
1122 Cherry Ave
Long Beach, CA 90813
528 Cherry Ave, Long Beach, CA 90802
$1,150,000
4 Beds
4 Baths
2016 Sq.Ft.
528 Cherry Ave
Long Beach, CA 90802

Recently Sold Homes Near 1030 Myrtle Ave

1035 Myrtle Avenue, Long Beach, CA 90813
$1,215,000 Last Sold Price
8 Beds
4 Baths
2720 Sq.Ft.
1035 Myrtle Avenue
Long Beach, CA 90813
1069 Martin Luther King Jr Ave, Long Beach, CA 90813
$2,375,000 Last Sold Price
16 Beds
16 Baths
7096 Sq.Ft.
1069 Martin Luther King Jr Ave
Long Beach, CA 90813
1060 Olive Ave, Long Beach, CA 90813
$4,995,000 Last Sold Price
32 Beds
16 Baths
12270 Sq.Ft.
1060 Olive Ave
Long Beach, CA 90813
944 Olive Ave, Long Beach, CA 90813
$1,000,000 Last Sold Price
9 Beds
3 Baths
4616 Sq.Ft.
944 Olive Ave
Long Beach, CA 90813

Related Resources to 1030 Myrtle Ave

New Listings in 90813
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote