1145 E 2nd St, Long Beach, CA 90802
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1145 E 2nd St Long Beach, CA 90802

$1,280,000 Sold Price as of 08/10/2020
  • 6 Beds
  • 4 Baths
  • 3,396 Sq.Ft.
Sold
$1,280,000 Sold Price as of 08/10/2020 Refinance Your Mortgage

Map preview of 1145 E 2nd St, Long Beach, CA 90802

Property Overview: 1145 E 2nd St Long Beach, CA has 6 bedrooms, 4 bathrooms, 3,396 living square feet and 3,760 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location, location, location. 1145 E 2nd is a four-unit property in highly desirable Alamitos Beach, in close proximity to East Village Arts District and booming DTLB. Rents in this area are typically higher than other neighborhoods of Long Beach. There are (2) 2BR. 1BA units and (2) large 1BR 1BA units Built in the 1920's, the property offers beautiful flooring, wood built-ins and aesthetic period detailing. Tenants pay for their own gas and electricity, keeping the building's utility expenses low. This is an excellent rental with plenty of street parking for the tenants. Two one car garages are located in the rear of the building as well as private patio for the tenants property is located close to beach access, the convention center, restaurants, shopping, performing arts center, all kinds of entertainment, businesses and public transportation.

Listed by CHING WONG | BRE #01855124 | Angels Realty Corp.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
3,760
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS20068187
City
Long Beach
County
Los Angeles
Time on Site
1434 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,499
  • Total Rent: $1,499
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,444
  • Total Rent: $1,444
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,280
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,172
  • Total Rent: $1,172
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,780
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1145 E 2nd St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Common Interest: Condominium
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7265010034
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: East 2nd Street and cross street of Orange Street.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Biking, Curbs, Watersports
View more facts & features

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Sale History for 1145 E 2nd St

Last sold on August 11th, 2020
  • August, 2020

  • Aug 11, 2020

    Date

    Sold

    CRMLS: WS20068187

    $1,280,000

    Price

  • Jun 16, 2020

    Date

    Active Under Contract

    CRMLS: WS20068187

    $1,300,000

    Price

  • Apr 3, 2020

    Date

    Active

    CRMLS: WS20068187

    $1,300,000

    Price

  • August, 2020

  • Aug 11, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2020

  • Aug 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,280,000

    Price

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Tax History for 1145 E 2nd St

Assessed Value (2020): $724,563
Year Land Value Improved Value Assessed Value
2020 $534,840 $189,723 $724,563

Home Value Compared to the Market

This property vs the competition

1145 E 2nd St sold on August 10, 2020 for 45.74% higher than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $382.8 per/sqft which puts the price per square foot 41.91% lower than the current median sale per square foot for the city of Long Beach.

About 1145 E 2nd St

Detailed summary of property

1145 E 2nd St is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,396 living square feet, and sits on an approximately 3,760 square foot lot. 1145 E 2nd St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,280,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 45.74% higher than the current median priced home. Local homes that are currently for sale include 246 E Hullett St, 7020 Schroll St and 20611 Arline Ave. While the average home in Long Beach, CA is selling in 51 days, 1145 E 2nd St has a days on market of 75 days. There are currently 696 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 279 of them are condos and 20 are townhomes. For more information on this home for sale at 1145 E 2nd St Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1145 E 2nd St

Public county record property details
Beds
4
Baths
4
Year built
1920
Sq. Ft.
3,396
Lot Size
3,759
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,7
APN
7265-010-034

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$580
Total Inventory
143
Median Sale to List Price %
90.91%
Avg Days on Market
58
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (21.43%), Other (10.71%)

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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.