1060 Bennett Ave Long Beach, CA 90804

$2,125,000 Sold Price as of 03/03/2020

12 Beds
14 Baths
5,860 Sq.Ft.

Off Market

$2,125,000 Sold Price as of 03/03/2020 Refinance Your Mortgage

Map preview of 1060 Bennett Ave, Long Beach, CA 90804

Property Overview: 1060 Bennett Ave Long Beach, CA has 12 bedrooms, 14 bathrooms, 5,860 living square feet and 5,498 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1060 Bennett Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $769,000. The median price per/sqft for Long Beach is $648. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $153,800 for the down payment and will need roughly $15,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1060 Bennett Ave

Last sold for $2,125,000 on March 3rd, 2020

March, 2020
Mar 3, 2020

Date

Sold (Public Records)

Public Records

$2,125,000

Price
March, 2020
Mar 3, 2020

Date

Sold (Public Records)

Public Records

--

Price
September, 2019
Sep 19, 2019

Date

Canceled

CRMLS: PW19202323

$2,100,000

Price
Aug 23, 2019

Date

Active

CRMLS: PW19202323

$2,100,000

Price
Listing provided courtesy of CRMLS

1060 Bennett Avenue is a 6-unit investment opportunity in the popular Eastside neighborhood of Long Beach, adjacent to picturesque Recreation Golf Course and well- rated Woodrow Wilson Classical High School. The building features spacious two-bedroom townhouse-style units, three of which have been fully remodeled with new flooring, modern kitchens and baths and upgraded fixtures throughout. The property was constructed in 1988 with copper plumbing, on-site laundry and nine parking spaces. This property provides an excellent opportunity for an investor to own an asset with over 16 percent upside potential. Recreation Golf Course offers an 18-hole, par 72 course that features challenging elevation changes on Kikuyu fairways, as well as a 9-hole course located across the street, a picturesque location with gently rolling hills and the beautiful Colorado Lagoon. Both courses offer a peaceful escape from the hustle and bustle of the city.

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Tax History for 1060 Bennett Ave

Assessed Value (2020): $1,806,653

Year	Land Value	Improved Value	Assessed Value
2020	$1,273,449	$533,204	$1,806,653

About 1060 Bennett Ave

Detailed summary of property

1060 Bennett Ave is categorized with a use code of Apartment House (5+ Units) in Long Beach, CA 90804 and last sold on March 3, 2020 for $2,125,000. This property has 12 bedrooms, 14 bathrooms, roughly 5,860 living square feet, and sits on an approximately 5,498 square foot lot. Homes 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 159.46% higher than the current median priced home. 1060 Bennett Ave was last sold on March 3, 2020 for $2,125,000. Local nearby listings include 1635 Clark Ave #202, 1075 Coronado Ave and 4141 Hathaway Ave #26. The average home in Long Beach, CA is selling in 65 days. There are currently 781 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 341 of them are condos and 20 are townhomes. If you are the homeowner and looking to sell the home at 1060 Bennett Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1060 Bennett Ave

Public county record property details

Beds: 12
Baths: 14
Year built: 1988
Sq. Ft.: 5,860
Lot Size: 5,498
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 83
APN: 7241-012-111

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$500,000

Median List Price/Sq.Ft.

$620

Median Sold Price

$450,000

Median Sold Price/Sq.Ft.

$534

Total Inventory

Median Sale to List Price %

97.83%

Avg Days on Market

Loan Type

Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), Other (0%)

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