1227 E 4Th St Long Beach, CA 90802

$816,000 Sold Price as of 10/22/2019

-- Beds
-- Baths
2,298 Sq.Ft.

Off Market

$816,000 Sold Price as of 10/22/2019 Refinance Your Mortgage

Map preview of 1227 E 4Th St, Long Beach, CA 90802

Property Overview: 1227 E 4Th St Long Beach, CA has -- bedrooms, -- bathrooms, 2,298 living square feet and 2,085 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1227 E 4Th St is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $799,000. The median price per/sqft for Long Beach is $643. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $159,800 for the down payment and will need roughly $15,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1227 E 4Th St

Last sold for $816,000 on October 22nd, 2019

November, 2023
Nov 30, 2023

Date

Expired

CRMLS: PW23012260

$997,000

Price
Jan 23, 2023

Date

Active

CRMLS: PW23012260

$1,275,000

Price
Listing provided courtesy of CRMLS

1227 E 4th Street - This mixed-use property is located on a thriving Long Beach business corridor of 4th St. It is conveniently situated between the East Village Art District and 4th Streets Retro Row, which are all in the path of growth. This property consists of a commercial tenant that has just signed a long-term lease, as well as two upstairs residential units that have recently been remodeled. This investment is perfect for an owner-user or someone looking for a great investment opportunity. This property is close to amenities and public transportation, making it an ideal location for business and residential use. With the current tenant and the potential for further growth, this is a great opportunity to capitalize on the potential of this Long Beach area.

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February, 2021
Feb 27, 2021

Date

Expired

CRMLS: RS19082192

$1,016,000

Price
Feb 26, 2021

Date

Withdrawn

CRMLS: RS19082192

$1,016,000

Price
Apr 27, 2019

Date

Pending

CRMLS: RS19082192

$1,016,000

Price
Apr 11, 2019

Date

Active

CRMLS: RS19082192

$1,016,000

Price
Listing provided courtesy of CRMLS

The sale includes the ownership of a cocktail bar, 2 studio units above the bar and the land. Rental income is currently $1,600/month for the business, 1 studio apartment at $600/month and 1 studio apartment at $850/month. There are no leases and rents could be increased easily. This is a two story building with a basement. There is a street level entrance to the cocktail bar with a basement underneath which is used for storage and an office. There is a separate street entrance for the 2 studios above the business.

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October, 2019
Oct 22, 2019

Date

Sold (Public Records)

Public Records

$816,000

Price
October, 2000
Oct 10, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1227 E 4Th St

Assessed Value (2020): $816,000

Year	Land Value	Improved Value	Assessed Value
2020	$305,000	$511,000	$816,000

About 1227 E 4Th St

Detailed summary of property

1227 E 4Th St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Long Beach, CA 90802 and last sold on October 22, 2019 for $816,000. This property has -- bedrooms, -- bathrooms, roughly 2,298 living square feet, and sits on an approximately 2,085 square foot lot. Homes 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 2% higher than the current median priced home. 1227 E 4Th St was last sold on October 22, 2019 for $816,000. Local nearby listings include 925 E Appleton St #4, 1515 E 8th St and 932 E 2nd St #23. The average home in Long Beach, CA is selling in 51 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 1227 E 4Th 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 1227 E 4Th St

Public county record property details

Beds: --
Baths: --
Year built: 1928
Sq. Ft.: 2,298
Lot Size: 2,085
Stories: 2

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 7266-014-015

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.

$630

Median Sold Price

$540,000

Median Sold Price/Sq.Ft.

$627

Total Inventory

130

Median Sale to List Price %

102.86%

Avg Days on Market

Loan Type

Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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(714) 706-1823

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