1371 Grand Ave, Long Beach, CA 90804
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1371 Grand Ave Long Beach, CA 90804

$515,000 Sold Price as of 05/18/2020
  • 3 Beds
  • 2 Baths
  • 1,424 Sq.Ft.
Sold
$515,000 Sold Price as of 05/18/2020 Refinance Your Mortgage

Map preview of 1371 Grand Ave, Long Beach, CA 90804

Property Overview: 1371 Grand Ave Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,424 living square feet and 6,459 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Opportunity. FIXER UPPER INCOME PROPERTY in Long Beach. Two houses on a lot! Front unit is 1 bedroom and 1 bath (450 Sq ft), the back house is 2 bedrooms and 1 bath (973 Sq ft) .Perfect for owner occupied or as two rentals. Each unit has a private fenced yard. Parking in the front for 4 cars. Located near the traffic circle, parks, shopping areas, restaurants, Cal State Long Beach and the VA hospital. A large tool shed is on the property for storage Go thru the alley for entrance of the property. Sweat Equity, this lot is 6,459 , Built in 1934, Bring your contractors to inspect the place. Possible to build an ADU. Buyer is advised to independently investigate all aspects of the property (including but not limited to, permits and uses, bed/bath counts, square footage, schools and their enrollment availability), verify the accuracy of all information provided through personal inspection & with appropriate professionals to Buyer's satisfaction.

Listed by CELIA CHU | BRE #01205459 | COLDWELL BANKER TOWN & COUNTRY
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 138

Home details

Lot Sq. Ft
6,459
HOA Dues
$0/mo
Year built
1934
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV19262196
City
Long Beach
County
Los Angeles
Time on Site
1520 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,500
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,400
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,800
  • Trash: $1,200
  • Insurance: $1,200
  • Water/Sewer: $1,000

Property Details for 1371 Grand Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Ceiling Fan(s), Granite Counters
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7253008014
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Available, Water Available
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: The house is located in an Alley. Look for my sign in front of the house. Park in the driveway
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

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Sale History for 1371 Grand Ave

Last sold on May 19th, 2020
  • May, 2020

  • May 19, 2020

    Date

    Sold

    CRMLS: CV19262196

    $515,000

    Price

  • Mar 31, 2020

    Date

    Active Under Contract

    CRMLS: CV19262196

    $550,000

    Price

  • Mar 11, 2020

    Date

    Price Change

    CRMLS: CV19262196

    $550,000

    Price

  • Mar 9, 2020

    Date

    Price Change

    CRMLS: CV19262196

    $588,000

    Price

  • Mar 3, 2020

    Date

    Active

    CRMLS: CV19262196

    $600,000

    Price

  • Feb 14, 2020

    Date

    Active Under Contract

    CRMLS: CV19262196

    $600,000

    Price

  • Feb 6, 2020

    Date

    Active

    CRMLS: CV19262196

    $600,000

    Price

  • Jan 17, 2020

    Date

    Active Under Contract

    CRMLS: CV19262196

    $600,000

    Price

  • Jan 17, 2020

    Date

    Pending

    CRMLS: CV19262196

    $600,000

    Price

  • Jan 3, 2020

    Date

    Price Change

    CRMLS: CV19262196

    $600,000

    Price

  • Nov 11, 2019

    Date

    Active

    CRMLS: CV19262196

    $625,000

    Price

  • May, 2020

  • May 19, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2020

  • May 18, 2020

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

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Tax History for 1371 Grand Ave

Assessed Value (2020): $36,021
Year Land Value Improved Value Assessed Value
2020 $12,968 $23,053 $36,021

Home Value Compared to the Market

This property vs the competition

1371 Grand Ave sold on May 18, 2020 for 32.84% 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 $386.24 per/sqft which puts the price per square foot 38.5% lower than the current median sale per square foot for the city of Long Beach.

About 1371 Grand Ave

Detailed summary of property

1371 Grand Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,424 living square feet, and sits on an approximately 6,459 square foot lot. 1371 Grand Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $515,000. 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 32.84% lower than the current median priced home. Local homes that are currently for sale include 1122 E 67th St, 8319 S Hoover St and 8911 S Western Ave. While the average home in Long Beach, CA is selling in 62 days, 1371 Grand Ave has a days on market of 138 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 1371 Grand Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1371 Grand Ave

Public county record property details
Beds
3
Baths
2
Year built
1934
Sq. Ft.
974
Lot Size
6,459
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7253-008-014

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), 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.