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125 Granada Ave, Long Beach, CA 90803
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125 Granada Ave Long Beach, CA 90803

$1,640,000 Sold Price as of 09/29/2020
  • 7 Beds
  • 5 Baths
  • 3,542 Sq.Ft.
Sold
$1,640,000 Sold Price as of 09/29/2020 Refinance Your Mortgage
Map preview of 125 Granada Ave, Long Beach, CA 90803

Property Overview: 125 Granada Ave Long Beach, CA has 7 bedrooms, 5 bathrooms, 3,542 living square feet and 3,132 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 5 unit building in Belmont Shore. There are 2-2bdrms/1bath, 3-1bdrms/1bath, built in 1927, 3,543 sq. ft. no significant upgrades.

Listed by Kristie Pabst | BRE #00804122 | Pabst, Kinney & Associates
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
3,132
HOA Dues
$0/mo
Year built
1927
Garage
3 Car
Property Type:
Apartment
Status
Sold
MLS#
PW20147256
City
Long Beach
County
Los Angeles
Time on Site
1407 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # 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: $2,095
  • Total Rent: $2,095
  • 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: $1,520
  • Total Rent: $1,520
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,915
  • Total Rent: $1,915
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $100,150
  • Net Operating Income: $55,337
  • Gross Operating Income: --
  • # of Rented Garages: 2
  • Garage Rental Rate: $125
  • Garage Rental Income: $250
Annual Expense Breakdown
  • Total Operating Expense: $7,912
  • Electric: $436
  • Licenses: $256
  • New Taxes: $18,551
  • Trash: $0
  • Gardener: $1,147
  • Insurance: $3,377
  • Maintenance: $1,578
  • Professional Management: $0
  • Water/Sewer: $2,085

Property Details for 125 Granada Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 7247016028
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: Head South on Granada towards the beach; will be on right hand side
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 125 Granada Ave

Last sold for $1,640,000 on September 29th, 2020

  • October, 2020

  • Oct 1, 2020

    Date

    Sold

    CRMLS: PW20147256

    $1,640,000

    Price

  • Jul 27, 2020

    Date

    Active Under Contract

    CRMLS: PW20147256

    $1,649,000

    Price

  • Jul 25, 2020

    Date

    Active

    CRMLS: PW20147256

    $1,649,000

    Price

  • September, 2020

  • Sep 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,640,000

    Price

Show More

Tax History for 125 Granada Ave

Assessed Value (2020): $960,881
Year Land Value Improved Value Assessed Value
2020 $576,531 $384,350 $960,881

Home Value Compared to the Market

This property vs the competition

125 Granada Ave sold on September 29, 2020 for 84.87% 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 $465.56 per/sqft which puts the price per square foot 29.35% lower than the current median sale per square foot for the city of Long Beach.

About 125 Granada Ave

Detailed summary of property

125 Granada Ave is a apartment that recently sold in Long Beach, CA 90803. This apartment offered 7 bedrooms, 5 bathrooms, roughly 3,542 living square feet, and sits on an approximately 3,132 square foot lot. 125 Granada Ave was first listed on ArdentRealEstateGroup.com on July 25, 2020. The homeowner sold the property for $1,640,000. 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 84.87% higher than the current median priced home. Local homes that are currently for sale include 2507 E 14th St, 436 Gaviota Ave and 468 Gaviota Ave. While the average home in Long Beach, CA is selling in 50 days, 125 Granada Ave has a days on market of 2 days. There are currently 678 homes for sale in the Long Beach real estate market and 386 of them are single family homes while 274 of them are condos and 18 are townhomes. For more information on this home for sale at 125 Granada Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 125 Granada Ave

Public county record property details
Beds
--
Baths
--
Year built
1927
Sq. Ft.
3,542
Lot Size
3,131
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18,19
APN
7247-016-028

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,559,900
Median List Price/Sq.Ft.
$842
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$753
Total Inventory
123
Median Sale to List Price %
100.42%
Avg Days on Market
56
Loan Type
Conventional (32.14%), FHA (0%), VA (10.71%), Cash (25%), Other (32.14%)

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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