1354 Gundry Ave, Long Beach, CA 90813
View Photos

1354 Gundry Ave Long Beach, CA 90813

$930,000 Sold Price as of 12/31/2020
  • 17 Beds
  • 15 Baths
  • 4,144 Sq.Ft.
Sold
$930,000 Sold Price as of 12/31/2020 Refinance Your Mortgage

Map preview of 1354 Gundry Ave, Long Beach, CA 90813

Property Overview: 1354 Gundry Ave Long Beach, CA has 17 bedrooms, 15 bathrooms, 4,144 living square feet and 5,748 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5 Units Across Two Buildings --- One 3+1 (1,440 SF per Assessor, 1919), Four 1+1's (676 Avg SF per Assessor, 1924) --- 4,144 GSF --- Individually Metered for Electricity & Gas --- Over 30% potential rental upside after vacancy --- 5,748 SF Lot

Listed by David Harrington | BRE #01320460 | Matthews Real Estate Investment Services
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 229

Home details

Lot Sq. Ft
5,748
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20562772
City
Long Beach
County
Los Angeles
Time on Site
1520 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,425
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,425
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,425
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,425
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.53
  • Gross Scheduled Income: --
  • Net Operating Income: $48,235
  • Gross Operating Income: $71,819
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1354 Gundry Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 7268041009
Location / Neighborhood
Location Information
  • Directions: I-405 S to Orange Ave in Long Beach, Take exit 29C Orange Ave from I-405 S, Continue on Orange Ave, Turn left on Pacific Coast HWY, Immediately turn right tonto Gundry Ave, Destination will be on the left
View more facts & features

Local Long Beach Agent

Loading...

Sale History for 1354 Gundry Ave

Last sold for $930,000 on January 4th, 2021
  • January, 2021

  • Jan 5, 2021

    Date

    Sold

    CRMLS: 20562772

    $930,000

    Price

  • Oct 23, 2020

    Date

    Active Under Contract

    CRMLS: 20562772

    $1,100,000

    Price

  • Sep 16, 2020

    Date

    Price Change

    CRMLS: 20562772

    $1,100,000

    Price

  • Jul 20, 2020

    Date

    Price Change

    CRMLS: 20562772

    $1,150,000

    Price

  • Mar 10, 2020

    Date

    Active

    CRMLS: 20562772

    $1,200,000

    Price

  • January, 2021

  • Jan 4, 2021

    Date

    Sold (Public Records)

    Public Records

    $930,000

    Price

  • December, 1998

  • Dec 17, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1354 Gundry Ave

Assessed Value (2020): $749,730
Year Land Value Improved Value Assessed Value
2020 $374,865 $374,865 $749,730

Home Value Compared to the Market

This property vs the competition

1354 Gundry Ave sold on December 31, 2020 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 $265.44 per/sqft which puts the price per square foot 57.73% lower than the current median sale per square foot for the city of Long Beach.

About 1354 Gundry Ave

Detailed summary of property

1354 Gundry Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 17 bedrooms, 15 bathrooms, roughly 4,144 living square feet, and sits on an approximately 5,748 square foot lot. 1354 Gundry Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $930,000. 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 229 W 8th St, 1961 Pine Ave and 2000 Pacific Ave. While the average home in Long Beach, CA is selling in 62 days, 1354 Gundry Ave has a days on market of 229 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 1354 Gundry Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1354 Gundry Ave

Public county record property details
Beds
7
Baths
5
Year built
1924
Sq. Ft.
4,144
Lot Size
5,748
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
7268-041-009

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.