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1151 E 16th St, Long Beach, CA 90813
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1151 E 16th St Long Beach, CA 90813

$875,000 Sold Price as of 08/02/2021
  • 5 Beds
  • 4 Baths
  • 2,190 Sq.Ft.
Sold
$875,000 Sold Price as of 08/02/2021 Refinance Your Mortgage
Map preview of 1151 E 16th St, Long Beach, CA 90813

Property Overview: 1151 E 16th St Long Beach, CA has 5 bedrooms, 4 bathrooms, 2,190 living square feet and 6,481 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY - Located 10 min from Downtown Long Beach Pier / Shoreline, Pike Theaters, Restaurants, Shopping, Long Beach Aquarium and LBCC...! Property features: Front house with 3 bedrooms, 1.5 bath Upgraded kitchen, Original refurbished hardwood floors and 1 car attached garage, SECOND Unit Features: 2 bedrooms, 1 bath in rear, NEW ROOF 2020, Remodeled /Upgraded kitchen, Very spacious rooms and excellent floor plan. THIRD Unit Features : "SIZABLE" Studio with enormous floor plan, Remodeled Kitchenette, modern 3/4 Stand-Up Shower! Alley Access with Convenient "Remote Control Gate" Accommodates 5 Cars in Rear within enclosed gate for added security / privacy.... Long Term, hassle free Tenants with history of Monthly Punctual Payments...!

Listed by Laura Borbon | BRE #01192623 | Century 21 Allstars
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
6,481
HOA Dues
$0/mo
Year built
1959
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW21044870
City
Long Beach
County
Los Angeles
Time on Site
1165 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,558
  • Total Rent: $1,558
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,096
  • Net Operating Income: $47,347
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,749
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,898
  • Trash: $0
  • Gardener: $1,080
  • Insurance: $1,113
  • Water/Sewer: $1,658

Property Details for 1151 E 16th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, See Remarks, Tile, Wood
  • Laundry, Living Room
Interior Features
  • Cathedral Ceiling(s), Copper Plumbing Partial, Corian Counters, Crown Molding, Laminate Counters
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Partial
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway - Brick
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7268023008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S/ PCH Hwy & E/ Atlantic Ave.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1151 E 16th St

Last sold for $875,000 on August 2nd, 2021

  • August, 2021

  • Aug 3, 2021

    Date

    Sold

    CRMLS: DW21044870

    $875,000

    Price

  • Jun 21, 2021

    Date

    Pending

    CRMLS: DW21044870

    $849,900

    Price

  • Jun 17, 2021

    Date

    Price Change

    CRMLS: DW21044870

    $849,900

    Price

  • Mar 20, 2021

    Date

    Active

    CRMLS: DW21044870

    $799,900

    Price

  • Mar 4, 2021

    Date

    Coming Soon

    CRMLS: DW21044870

    $799,900

    Price

  • November, 2014

  • Nov 18, 2014

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

  • August, 2010

  • Aug 24, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1151 E 16th St

Assessed Value (2020): $445,067
Year Land Value Improved Value Assessed Value
2020 $219,787 $225,280 $445,067

Home Value Compared to the Market

This property vs the competition

1151 E 16th St sold on August 2, 2021 for 6.24% 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 $388.08 per/sqft which puts the price per square foot 38.59% lower than the current median sale per square foot for the city of Long Beach.

About 1151 E 16th St

Detailed summary of property

1151 E 16th St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,190 living square feet, and sits on an approximately 6,481 square foot lot. 1151 E 16th St was first listed on ArdentRealEstateGroup.com on March 4, 2021. The homeowner sold the property for $875,000. 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 6.24% higher than the current median priced home. Local homes that are currently for sale include 154 E Eagle St, 702 Cedar Ave and 333 W 8th St. While the average home in Long Beach, CA is selling in 51 days, 1151 E 16th St has a days on market of 93 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1151 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 1151 E 16th St

Public county record property details
Beds
5
Baths
4
Year built
1959
Sq. Ft.
2,190
Lot Size
6,493
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7268-023-008

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
$570,000
Median List Price/Sq.Ft.
$542
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
31
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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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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