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1340 E Market St, Long Beach, CA 90805
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1340 E Market St Long Beach, CA 90805

$779,000 Sold Price as of 10/15/2021
  • 4 Beds
  • 2 Baths
  • 1,842 Sq.Ft.
Sold
$779,000 Sold Price as of 10/15/2021 Refinance Your Mortgage
Map preview of 1340 E Market St, Long Beach, CA 90805

Property Overview: 1340 E Market St Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,842 living square feet and 8,329 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FIXER! FIXER! FIXER! So much potential here with this mid-century modern-style duplex with 3 car garage on an oversized 8300+ sq ft lot! This is the first time on the market ever and has been one family owned since built. Each unit is 2 bedroom/1 bath, 921 sq ft each with open floor plans with vaulted beam ceilings, hardwood floors and gas fireplaces. There large 3 car garage with 2 car door opening perfect an ADU conversation (buyer to verify). Plus, there is a HUGE driveway and large yard area. Formally an antique shop (could potentially be used for similar use), this mid-block location is zoned R2. Lots of opportunity, so bring your contractor as this is being sold CASH ONLY and completely AS-IS, no repairs, no contingencies. DO NOT WALK PROPERTY.

Listed by Eric Greene | BRE #01358668 | Keller Williams Coastal Prop.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
8,329
HOA Dues
$0/mo
Year built
1957
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
PW21207513
City
Long Beach
County
Los Angeles
Time on Site
1095 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1340 E Market St

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Vinyl, Wood
  • Kitchen, Living Room
Interior Features
  • Beamed Ceilings, Open Floorplan
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Features: Lot 6500-9999, Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7129001011
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: On Market, btw Cherry and Orange
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 1340 E Market St

Last sold for $779,000 on October 15th, 2021

  • October, 2021

  • Oct 7, 2021

    Date

    Pending

    CRMLS: PW21207513

    $600,000

    Price

  • Oct 5, 2021

    Date

    Hold

    CRMLS: PW21207513

    $600,000

    Price

  • June, 2017

  • Jun 28, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1340 E Market St

Assessed Value (2020): $66,296
Year Land Value Improved Value Assessed Value
2020 $24,182 $42,114 $66,296

Home Value Compared to the Market

This property vs the competition

1340 E Market St sold on October 15, 2021 for 26.74% lower 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 $325.73 per/sqft which puts the price per square foot 48.13% lower than the current median sale per square foot for the city of Long Beach.

About 1340 E Market St

Detailed summary of property

1340 E Market St is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,842 living square feet, and sits on an approximately 8,329 square foot lot. 1340 E Market St was first listed on ArdentRealEstateGroup.com on September 20, 2021. The homeowner sold the property for $779,000. 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 26.74% lower than the current median priced home. Local homes that are currently for sale include 321 E 9th St, 727 Martin Luther King Jr Ave and 702 Cedar Ave. While the average home in Long Beach, CA is selling in 62 days, 1340 E Market St has a days on market of 11 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 1340 E Market St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1340 E Market St

Public county record property details
Beds
4
Baths
2
Year built
1957
Sq. Ft.
1,842
Lot Size
8,329
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
7129-001-011

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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