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1148 E Arcadia Court, Long Beach, CA 90813
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1148 E Arcadia Court Long Beach, CA 90813

$1,050,000
  • 7 Beds
  • 4 Baths
  • 2,503 Sq.Ft.
For Sale
$1,050,000 Get Pre-Qualified
Map preview of 1148 E Arcadia Court, Long Beach, CA 90813

Property Overview: 1148 E Arcadia Court Long Beach, CA has 7 bedrooms, 4 bathrooms, 2,503 living square feet and 5,011 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 1148 E Arcadia Ct. is a 4-unit Craftsman style apartment building located in the Poly High neighborhood of Long Beach. The location offers easy access to Long Beach Poly High School and Long Beach City College. The property is comprised of 3 detached buildings. The front building is a duplex with (1) split level 2bed/1bath unit and (1) 1bed/1bath unit. There are (2) 2bed/1bath homes in the back with private yards. All 4 units have their own laundry hookups. The interiors of all 4 units are in good condition.

Listed by Cody Charnell | BRE #01950585 | Sage Real Estate
Last checked: 1 minute ago | Last updated: May 24th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
5,011
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24087920
City
Long Beach
County
Los Angeles
Time on Site
46 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.59
  • Gross Scheduled Income: $83,400
  • Net Operating Income: $57,753
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,564
  • Electric: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0
  • Other Expense Description: Estimate

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Property Details for 1148 E Arcadia Court

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
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: 7268017002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: West of Alamitos between Anaheim & PCH
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1148 E Arcadia Court

Last sold for $630,000 on April 6th, 2017

  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: PW24087920

    $1,050,000

    Price

  • April, 2017

  • Apr 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

  • October, 2003

  • Oct 22, 2003

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

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Tax History for 1148 E Arcadia Court

Assessed Value (2020): $668,840
Year Land Value Improved Value Assessed Value
2020 $212,241 $456,599 $668,840

Home Value Compared to the Market

This property vs the competition

1148 E Arcadia Court is listed 31.41% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $646 and this home is listed at $419.5 per/sqft which puts the price per square foot 35.06% lower than the median price per square foot for the city of Long Beach.

About 1148 E Arcadia Court

Detailed summary of property

1148 E Arcadia Court is a fourplex located in Long Beach, CA 90813 and is currently for sale. This fourplex offers 7 bedrooms, 4 bathrooms, roughly 2,503 living square feet, and sits on an approximately 5,011 square foot lot. 1148 E Arcadia Court was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $1,050,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 31.41% higher than the median priced home. Local competing homes currently for sale include 1562 W 31st St, 3134 E Coolidge St and 1624 E 109th St. While the average home in Long Beach, CA is selling in 54 days, 1148 E Arcadia Court has a days on market of 46 days. There are currently 689 homes for sale in the Long Beach real estate market and 379 of them are single family homes while 290 of them are condos and 20 are townhomes. For more information on this home for sale at 1148 E Arcadia Court 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 1148 E Arcadia Court

Public county record property details
Beds
4
Baths
2
Year built
1915
Sq. Ft.
2,503
Lot Size
4,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7268-017-002

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
$615,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$576
Total Inventory
37
Median Sale to List Price %
90.82%
Avg Days on Market
62
Loan Type
Conventional (50%), FHA (10%), VA (0%), Cash (10%), Other (30%)

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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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