1409 E South St, Long Beach, CA 90805
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1409 E South St Long Beach, CA 90805

$652,000 Sold Price as of 04/29/2022
  • 3 Beds
  • 3 Baths
  • 1,453 Sq.Ft.
Sold
$652,000 Sold Price as of 04/29/2022 Refinance Your Mortgage

Map preview of 1409 E South St, Long Beach, CA 90805

Property Overview: 1409 E South St Long Beach, CA has 3 bedrooms, 3 bathrooms, 1,453 living square feet and 4,437 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Three units income property with a lot of updates, new roof, one unit has new windows, bathrooms updated, located close to school , commercial center, churches and 710/91 freeways. One unit is vacant.

Listed by Patricia Conejos | BRE #01294186 | Nationwide Real Estate Execs
Last checked: 2 minutes ago | Last updated: April 29th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
4,437
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22023507
City
Long Beach
County
Los Angeles
Time on Site
956 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,125
  • Total Rent: $36,900
  • Pro Forma/Market Rent: $43,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,900
  • Net Operating Income: $35,604
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,296
  • Electric: $240
  • Gas/Fuel: $720
  • Trash: $240
  • Insurance: $1,400
  • Water/Sewer: $1,420

Property Details for 1409 E South St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7123020025
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Orange ave right South St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1409 E South St

Last sold for $652,000 on April 29th, 2022
  • February, 2022

  • Feb 17, 2022

    Date

    Hold

    CRMLS: PW22023507

    $650,000

    Price

  • August, 2021

  • Aug 15, 2021

    Date

    Hold

    CRMLS: PW21176341

    $650,000

    Price

  • Aug 10, 2021

    Date

    Active

    CRMLS: PW21176341

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Property in good condition, well-maintained, has new roof, three units has spacious spaces, located in desirable neighborhood, very convenient and close to schools, commercial centers, churches, parks and 710 and 91 freeways.

  • June, 2021

  • Jun 26, 2021

    Date

    Expired

    CRMLS: PW21012517

    $590,000

    Price

  • Feb 5, 2021

    Date

    Withdrawn

    CRMLS: PW21012517

    $590,000

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: PW21012517

    $590,000

    Price

  • Listing provided courtesy of CRMLS

    Property has 1 bedroom each unit situated in an area easy access to 710 and 91 freeways, close to stores, schools, commercial centers and businesses and churches. Property is well maintained, has new roof installed 2020, new windows in the front unit, partial copper plumbing.

  • November, 2003

  • Nov 26, 2003

    Date

    Sold (Public Records)

    Public Records

    $255,000

    Price

  • August, 2001

  • Aug 10, 2001

    Date

    Sold (Public Records)

    Public Records

    $146,000

    Price

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Tax History for 1409 E South St

Assessed Value (2020): $331,498
Year Land Value Improved Value Assessed Value
2020 $132,598 $198,900 $331,498

Home Value Compared to the Market

This property vs the competition

1409 E South St sold on April 29, 2022 for 20.63% 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 $447.35 per/sqft which puts the price per square foot 28.77% lower than the current median sale per square foot for the city of Long Beach.

About 1409 E South St

Detailed summary of property

1409 E South St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,453 living square feet, and sits on an approximately 4,437 square foot lot. 1409 E South St was first listed on ArdentRealEstateGroup.com on February 6, 2022. The homeowner sold the property for $652,000. 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 20.63% lower than the current median priced home. Local homes that are currently for sale include 1643 E 87th Pl, 829 E Century Blvd and 340 W 119th St. While the average home in Long Beach, CA is selling in 62 days, 1409 E South 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 1409 E South 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 1409 E South St

Public county record property details
Beds
3
Baths
3
Year built
1946
Sq. Ft.
1,453
Lot Size
4,396
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
7123-020-025

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
$690,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
97
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%)

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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.