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1061 E 16Th St, Long Beach, CA 90813
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1061 E 16Th St Long Beach, CA 90813

$910,000 Sold Price as of 05/02/2022
  • 7 Beds
  • 3 Baths
  • 2,548 Sq.Ft.
Sold
$910,000 Sold Price as of 05/02/2022 Refinance Your Mortgage
Map preview of 1061 E 16Th St, Long Beach, CA 90813

Property Overview: 1061 E 16Th St Long Beach, CA has 7 bedrooms, 3 bathrooms, 2,548 living square feet and 6,451 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DO NOT DISTURB TENANTS. Property features a 3bed 1bath house with a Duplex 2bed 1bath each unit in the rear. Property will be sold with tenants. Conventional Financing or Cash preferred. Property sold as is and subject to inspection. Property can be viewed by appointment only. Great Investment Opportunity! All information on this listing is deemed reliable, but not guaranteed. Buyer to satisfy themselves of all information listed.

Listed by MONICA COOPER | BRE #01214982 | Monica Cooper, Broker
Last checked: 4 minutes ago | Last updated: May 2nd, 2022 | Source CRMLS | DOM: 200

Home details

Lot Sq. Ft
6,451
HOA Dues
$0/mo
Year built
1921
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
IN21164676
City
Long Beach
County
Los Angeles
Time on Site
1009 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,300
  • Net Operating Income: $3,140
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $160
  • New Taxes: $1,310
  • Trash: $0
  • Gardener: $480
  • Insurance: $1,400
  • Water/Sewer: $1,440

Property Details for 1061 E 16Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Awning(s), Lighting, TV Antenna
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Attached Carport, Driveway, Driveway Level, Garage, Garage Faces Side, Garage - Single Door
Lot Information
  • Lot Features: Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7268023019
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: Pacific Coast Highway and Martin Luther King street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1061 E 16Th St

Last sold for $910,000 on May 2nd, 2022

  • July, 2021

  • Jul 27, 2021

    Date

    Active

    CRMLS: IN21164676

    $875,000

    Price

  • May, 2020

  • May 19, 2020

    Date

    Canceled

    CRMLS: IN19223224

    $750,000

    Price

  • Apr 3, 2020

    Date

    Withdrawn

    CRMLS: IN19223224

    $750,000

    Price

  • Apr 3, 2020

    Date

    Hold

    CRMLS: IN19223224

    $750,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: IN19223224

    $750,000

    Price

  • Nov 27, 2019

    Date

    Pending

    CRMLS: IN19223224

    $750,000

    Price

  • Oct 16, 2019

    Date

    Hold

    CRMLS: IN19223224

    $750,000

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: IN19223224

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB CURRENT OCCUPANTS! Tri-plex- Front House and duplex in the rear. Front unit may require repairs. DRIVE BY ONLY! PROPERTY SOLD AS IS. Cash or Conventional financing. All units are occupied by tenants. All information is deemed reliable, but not guaranteed. Buyer to satisfy themselves of all information. Broker is related to seller.

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Tax History for 1061 E 16Th St

Assessed Value (2020): $54,632
Year Land Value Improved Value Assessed Value
2020 $18,351 $36,281 $54,632

Home Value Compared to the Market

This property vs the competition

1061 E 16Th St sold on May 2, 2022 for 11.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $349.29 per/sqft which puts the price per square foot 44.73% lower than the current median sale per square foot for the city of Long Beach.

About 1061 E 16Th St

Detailed summary of property

1061 E 16Th St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,548 living square feet, and sits on an approximately 6,451 square foot lot. 1061 E 16Th St was first listed on ArdentRealEstateGroup.com on July 27, 2021. The homeowner sold the property for $910,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 11.25% higher than the current median priced home. Local homes that are currently for sale include 702 Cedar Ave, 333 W 8th St and 3850 E 15th St. While the average home in Long Beach, CA is selling in 54 days, 1061 E 16Th St has a days on market of 200 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1061 E 16Th St 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 1061 E 16Th St

Public county record property details
Beds
7
Baths
3
Year built
1921
Sq. Ft.
2,548
Lot Size
6,493
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7268-023-019

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
$695,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
28
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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.

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