Search
1310 W Parade St, Long Beach, CA 90810
Image 2 for 1310 W Parade St, Long Beach, CA 90810
Image 3 for 1310 W Parade St, Long Beach, CA 90810
View Photos

1310 W Parade St Long Beach, CA 90810

$1,100,000 Sold Price as of 06/26/2024
  • 12 Beds
  • 7 Baths
  • 5,019 Sq.Ft.
Sold
$1,100,000 Sold Price as of 06/26/2024 Refinance Your Mortgage
Map preview of 1310 W Parade St, Long Beach, CA 90810

Property Overview: 1310 W Parade St Long Beach, CA has 12 bedrooms, 7 bathrooms, 5,019 living square feet and 8,549 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *Prime Multi-Unit Investment Opportunity in Long Beach, CA*Discover this exceptional multi-unit property located just 1.5 miles from downtown Long Beach and conveniently close to major freeways. This unique offering comprises seven units spread across three separate buildings, presenting an ideal investment with significant rental potential.*Property Highlights:*- *Three Separate Buildings:*- Stand-Alone Bungalow: A charming 2 bed, 1 bath home featuring an attached garage and private yard, perfect for attracting long-term tenants. -*Four-Unit Building:* A two-story structure, each unit offering 2 bedrooms and 1 bathroom, providing consistent rental income. - *Spanish-Style Duplex:* Classic architecture with two 1 bed, 1 bath units, adding diversity to your rental portfolio.- *Parking:* Dedicated parking for 4 cars located at the rear of the property.- *Occupancy:* All units are currently occupied, ensuring immediate rental income from day one. The property will be delivered fully occupied at close of escrow.- *Potential:* With some updating, this property can significantly increase its rental income, making it an excellent opportunity for investors looking to enhance their portfolio. This multi-unit property offers a blend of stable occupancy and potential for growth, all in a prime Long Beach location.

Listed by Daniel Kountz | BRE #02077212 | Keller Williams Studio City
Last checked: 3 minutes ago | Last updated: June 26th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,549
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24395287
City
Long Beach
County
Los Angeles
Time on Site
85 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $725
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $900
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $800
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $625
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $725
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: 18.56
  • Gross Scheduled Income: --
  • Net Operating Income: $61,812
  • Gross Operating Income: $68,700
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1310 W Parade St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Concrete, Garage - Single Door
Property Information
  • No View
  • View: None
  • Total # of Units: 7
  • Parcel Number: 7431033007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: W of 710 N of PCH
View more facts & features

Local Long Beach Agent

Sale History for 1310 W Parade St

Last sold for $1,100,000 on June 26th, 2024

  • June, 2024

  • Jun 26, 2024

    Date

    Active

    CRMLS: 24395287

    $1,100,000

    Price

  • Jun 26, 2024

    Date

    Sold

    CRMLS: 24395287

    $1,100,000

    Price

Tax History for 1310 W Parade St

Assessed Value (2020): $120,906
Year Land Value Improved Value Assessed Value
2020 $25,083 $95,823 $120,906

Home Value Compared to the Market

This property vs the competition

1310 W Parade St sold on June 26, 2024 for 34.31% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $219.17 per/sqft which puts the price per square foot 65.1% lower than the current median sale per square foot for the city of Long Beach.

About 1310 W Parade St

Detailed summary of property

1310 W Parade St is a multi family that recently sold in Long Beach, CA 90810. This multi family property offered 12 bedrooms, 7 bathrooms, roughly 5,019 living square feet, and sits on an approximately 8,549 square foot lot. 1310 W Parade St was first listed on ArdentRealEstateGroup.com on June 26, 2024. The homeowner sold the property for $1,100,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 34.31% higher than the current median priced home. Local homes that are currently for sale include 1010 Lime Ave, 1125 E 17th St and 1132 E Arcadia Court. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1310 W Parade St Long Beach, CA 90810 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1310 W Parade St

Public county record property details
Beds
12
Baths
7
Year built
1930
Sq. Ft.
5,019
Lot Size
8,546
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17-20
APN
7431-033-007

The source for these homes facts are from public records.

90810 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$735,000
Median List Price/Sq.Ft.
$514
Median Sold Price
$725,000
Median Sold Price/Sq.Ft.
$548
Total Inventory
30
Median Sale to List Price %
98.17%
Avg Days on Market
43
Loan Type
Conventional (45.45%), FHA (36.36%), VA (9.09%), Cash (9.09%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1310 W Parade St

Nearby Homes for Sale

Open Sun 11am-12pm
1816 Oregon Ave, Long Beach, CA 90806
$1,229,990
7 Beds
4 Baths
3193 Sq.Ft.
1816 Oregon Ave
Long Beach, CA 90806
Open Sun 11am-12pm
1816 Oregon Ave, Long Beach, CA 90806
$1,229,990
7 Beds
4 Baths
3193 Sq.Ft.
1816 Oregon Ave
Long Beach, CA 90806
1930 Magnolia Ave, Long Beach, CA 90806
$950,000
4 Beds
5 Baths
2379 Sq.Ft.
1930 Magnolia Ave
Long Beach, CA 90806
1163 Magnolia Ave, Long Beach, CA 90813
$1,249,000
7 Beds
5 Baths
4083 Sq.Ft.
1163 Magnolia Ave
Long Beach, CA 90813
2000 Pacific Ave, Long Beach, CA 90806
$939,000
7 Beds
3 Baths
1377 Sq.Ft.
2000 Pacific Ave
Long Beach, CA 90806
1961 Pine Ave, Long Beach, CA 90806
$1,100,000
8 Beds
4 Baths
3108 Sq.Ft.
1961 Pine Ave
Long Beach, CA 90806
2175 Earl Ave, Long Beach, CA 90806
$1,109,000
5 Beds
3 Baths
2297 Sq.Ft.
2175 Earl Ave
Long Beach, CA 90806
332 W 9th St, Long Beach, CA 90813
$1,200,000
8 Beds
4 Baths
3372 Sq.Ft.
332 W 9th St
Long Beach, CA 90813
2223 Locust, Long Beach, CA 90806
$1,049,900
5 Beds
3 Baths
3034 Sq.Ft.
2223 Locust
Long Beach, CA 90806
229 W 8th St, Long Beach, CA 90813
$950,000
4 Beds
0 Baths
2039 Sq.Ft.
229 W 8th St
Long Beach, CA 90813
340 E 19th St, Long Beach, CA 90806
$949,888
5 Beds
3 Baths
1620 Sq.Ft.
340 E 19th St
Long Beach, CA 90806
1824-1826 W Canton St, Long Beach, CA 90810
$895,000
4 Beds
2 Baths
1843 Sq.Ft.
1824-1826 W Canton St
Long Beach, CA 90810

Recently Sold Homes Near 1310 W Parade St

1325 W Parade St, Long Beach, CA 90810
$800,000 Last Sold Price
5 Beds
4 Baths
2740 Sq.Ft.
1325 W Parade St
Long Beach, CA 90810
1315 W 19th St, Long Beach, CA 90810
$5,200,000 Last Sold Price
46 Beds
22 Baths
17322 Sq.Ft.
1315 W 19th St
Long Beach, CA 90810
1331 W 19th St, Long Beach, CA 90810
$666,000 Last Sold Price
2 Beds
2 Baths
1116 Sq.Ft.
1331 W 19th St
Long Beach, CA 90810
1321 Summit Ave, Long Beach, CA 90810
$915,000 Last Sold Price
16 Beds
0 Baths
2496 Sq.Ft.
1321 Summit Ave
Long Beach, CA 90810

Related Resources to 1310 W Parade St

New Listings in 90810
Popular Zip Codes
Popular Cities
Other Long Beach Resources

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.

Refi Quote