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1061 E Market St, Long Beach, CA 90805
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1061 E Market St Long Beach, CA 90805

$667,500 Sold Price as of 04/28/2023
  • 3 Beds
  • 3 Baths
  • 1,779 Sq.Ft.
Sold
$667,500 Sold Price as of 04/28/2023 Refinance Your Mortgage
Map preview of 1061 E Market St, Long Beach, CA 90805

Property Overview: 1061 E Market St Long Beach, CA has 3 bedrooms, 3 bathrooms, 1,779 living square feet and 4,081 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunity!!! Opportunity!!! Just reduced the Price. This is an excellent value for this 3-bedroom, 2-bath home and this property has an extra unit as a bonus. The home has a double car garage and the apartment unit is above the garage. Please show and see all the potential in this great property. The apartment over the garage is a fixer. There is a workshop area behind the house. Please call listing agent for further details on this property. The duplex is zone CNR.

Listed by Kristie Pabst | BRE #00804122 | Pabst, Kinney & Associates
Last checked: 9 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 80

Home details

Lot Sq. Ft
4,081
HOA Dues
$0/mo
Year built
1932
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23000762
City
Long Beach
County
Los Angeles
Time on Site
622 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $13,200
  • Net Operating Income: $13,200
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1061 E Market St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Wood
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Water Heater
Exterior Features
Exterior Information
  • Roof: Flat, Tile
  • 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: Driveway, Paved, Garage - Single Door, Private
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7127015033
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
  • Accessibility Features: See Remarks
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Turn left onto E Market Street; Destination will be on the right
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1061 E Market St

Last sold for $667,500 on April 28th, 2023

  • April, 2023

  • Apr 28, 2023

    Date

    Sold

    CRMLS: PW23000762

    $667,500

    Price

  • Jan 6, 2023

    Date

    Active

    CRMLS: PW23000762

    $699,500

    Price

  • January, 1999

  • Jan 27, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1061 E Market St

Assessed Value (2020): $230,504
Year Land Value Improved Value Assessed Value
2020 $101,651 $128,853 $230,504

Home Value Compared to the Market

This property vs the competition

1061 E Market St sold on April 28, 2023 for 17.58% lower 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 $379.43 per/sqft which puts the price per square foot 39.58% lower than the current median sale per square foot for the city of Long Beach.

About 1061 E Market St

Detailed summary of property

1061 E Market St is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 3 bedrooms, 3 bathrooms, roughly 1,779 living square feet, and sits on an approximately 4,081 square foot lot. 1061 E Market St was first listed on ArdentRealEstateGroup.com on January 7, 2023. The homeowner sold the property for $667,500. 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 17.58% lower than the current median priced home. Local homes that are currently for sale include 734 E 112th St, 9614 Graham Ave and 9538 Compton Ave. While the average home in Long Beach, CA is selling in 62 days, 1061 E Market St has a days on market of 80 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 1061 E Market St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1061 E Market St

Public county record property details
Beds
4
Baths
3
Year built
1932
Sq. Ft.
1,779
Lot Size
4,080
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
7127-015-033

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

Thinking of Selling?

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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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