1331 E 20Th St, Long Beach, CA 90806
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1331 E 20Th St Long Beach, CA 90806

$959,000 Sold Price as of 11/21/2023
  • 6 Beds
  • 3 Baths
  • 2,341 Sq.Ft.
Sold
$959,000 Sold Price as of 11/21/2023 Refinance Your Mortgage

Map preview of 1331 E 20Th St, Long Beach, CA 90806

Property Overview: 1331 E 20Th St Long Beach, CA has 6 bedrooms, 3 bathrooms, 2,341 living square feet and 6,178 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This triplex is perfect for an investor or for an owner-user, as there is a detached 2 bedroom/1-bathroom single family home in the front, and then two additional 2 bedroom/1-bathroom units in the rear over three private 2 car garages, totaling a rare 6 garage spaces for the property! The rear structure was built in 1990, and both rear units have been remodeled. The sunny and bright kitchens feature laminate flooring, crisp white cabinetry, granite countertops, and sparkling appliances, including stoves and dishwashers. Don’t miss the granite countertops in the bathrooms, ceiling fans throughout, and mirrored closet doors. This property will be in close proximity to the 2028 Olympics, is a short drive to the beach, and is close to restaurants, shopping, and nightlife in downtown Long Beach! Long Beach City College is also right around the corner. Hurry before it is too late!

Listed by Danielle Whitney Moore | BRE #01715547 | Keller Williams Realty
Co-listed by Lauren Yi | BRE #02100328 | Keller Williams Realty
Last checked: 11 minutes ago | Last updated: November 22nd, 2023 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
6,178
HOA Dues
$0/mo
Year built
1920
Garage
6 Car
Property Type:
Triplex
Status
Sold
MLS#
SB23143554
City
Long Beach
County
Los Angeles
Time on Site
413 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,254
  • Total Rent: $1,254
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,202
  • Total Rent: $1,202
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.7%
  • Gross Rent Multiplier: 21.29
  • Gross Scheduled Income: $46,267
  • Net Operating Income: $26,824
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,443
  • New Taxes: $12,313
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,692
  • Water/Sewer: $2,717

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Property Details for 1331 E 20Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Garage, Garage Faces Side, Garage - Three Door
Lot Information
  • Lot Features: Front Yard, Landscaped, Level with Street, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7210039037
  • 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
  • Directions: From Orange Avenue, go East on 20th Street. The property is on the left hand side.
Neighborhood Information
  • Community Features: Curbs, Golf, Sidewalks, Urban
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Sale History for 1331 E 20Th St

Last sold for $959,000 on November 21st, 2023
  • November, 2023

  • Nov 21, 2023

    Date

    Sold

    CRMLS: SB23143554

    $959,000

    Price

  • Aug 4, 2023

    Date

    Active

    CRMLS: SB23143554

    $985,000

    Price

  • August, 2013

  • Aug 21, 2013

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

  • July, 2011

  • Jul 26, 2011

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

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Tax History for 1331 E 20Th St

Assessed Value (2020): $571,650
Year Land Value Improved Value Assessed Value
2020 $224,176 $347,474 $571,650

Home Value Compared to the Market

This property vs the competition

1331 E 20Th St sold on November 21, 2023 for 16% 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 $405.81 per/sqft which puts the price per square foot 35.38% lower than the current median sale per square foot for the city of Long Beach.

About 1331 E 20Th St

Detailed summary of property

1331 E 20Th St is a triplex that recently sold in Long Beach, CA 90806. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,341 living square feet, and sits on an approximately 6,178 square foot lot. 1331 E 20Th St was first listed on ArdentRealEstateGroup.com on August 3, 2023. The homeowner sold the property for $959,000. 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 16% higher than the current median priced home. Local homes that are currently for sale include 2175 Earl Ave, 1961 Pine Ave and 2000 Pacific Ave. While the average home in Long Beach, CA is selling in 62 days, 1331 E 20Th St has a days on market of 67 days. 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 1331 E 20Th St Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1331 E 20Th St

Public county record property details
Beds
6
Baths
3
Year built
1920
Sq. Ft.
2,341
Lot Size
6,178
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
7210-039-037

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,900
Median List Price/Sq.Ft.
$531
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
20
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.