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1465 Henderson Ave, Long Beach, CA 90813
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1465 Henderson Ave Long Beach, CA 90813

$1,299,000 Sold Price as of 01/30/2024
  • 7 Beds
  • 6 Baths
  • 3,640 Sq.Ft.
Sold
$1,299,000 Sold Price as of 01/30/2024 Refinance Your Mortgage
Map preview of 1465 Henderson Ave, Long Beach, CA 90813

Property Overview: 1465 Henderson Ave Long Beach, CA has 7 bedrooms, 6 bathrooms, 3,640 living square feet and 4,732 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICED TO SELL. 10.9X GRM and 6.1% CAP on current rents. 6 units in Long Beach subject to AB 1482 rent control - maximum annual increase of 5% + CPI. All interiors have been updated (new kitchen cabinets, flooring, bath tile, fixtures, etc.) and property is professionally managed and maintained. There are 5 parking spaces in the rear plus a storage room (rents for $150 per month). Currently the spaces are not being charged for and new ownership could change this and get $100-125/month per space. There is onsite laundry as well. There is an existing loan fixed at 3.4% through Sept 2024 (approx. $690K balance) that may be assumable. Contact Listing Agent for a complete Marketing Package including a current Rent Roll.

Listed by Jonathan Swire | BRE #01336277 | The Agency
Last checked: 4 minutes ago | Last updated: January 30th, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
4,732
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23334839
City
Long Beach
County
Los Angeles
Time on Site
296 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $1,795
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.1%
  • Gross Rent Multiplier: 10.9
  • Gross Scheduled Income: --
  • Net Operating Income: $76,600
  • Gross Operating Income: $119,640
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1465 Henderson Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Property Information
  • Total # of Units: 6
  • Parcel Number: 7269040013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 6 units close to Downtown Long Beach.
View more facts & features

Local Long Beach Agent

Sale History for 1465 Henderson Ave

Last sold for $1,299,000 on January 30th, 2024

  • January, 2024

  • Jan 30, 2024

    Date

    Sold

    CRMLS: 23334839

    $1,299,000

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: 23334839

    $1,299,000

    Price

  • June, 2018

  • Jun 21, 2018

    Date

    Sold

    CRMLS: OC18021193

    $1,185,000

    Price

  • May 11, 2018

    Date

    Pending

    CRMLS: OC18021193

    $1,185,000

    Price

  • Apr 18, 2018

    Date

    Price Change

    CRMLS: OC18021193

    $1,185,000

    Price

  • Mar 5, 2018

    Date

    Price Change

    CRMLS: OC18021193

    $1,240,000

    Price

  • Feb 14, 2018

    Date

    Price Change

    CRMLS: OC18021193

    $1,275,000

    Price

  • Jan 29, 2018

    Date

    Active

    CRMLS: OC18021193

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    The Henderson Avenue Apartments, a six-unit mulitfamily investment opportunity located in the City of Long Beach. Situated on a 4,731 square foot lot, the property consists of five, one bedroom/ one bath units and one, two bedroom/ one bath unit. The property offers gated entry, spacious courtyard, and building adjacent parking spaces. The building was recently extensively renovated and upgraded. Some of the upgrades include, but are not limited to: new cabinetry, new PEX plumbing, new countertops, new fixtures, new windows, new bathrooms, new appliances, and new floors. The Henderson Avenue Apartments is located close to retail, freeways, entertainment, employment opportunities and is just miles away from Alamitos Beach. The Long Beach market has enjoyed strong rental growth and growing tenant demand over the past few years.

  • June, 2018

  • Jun 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,185,000

    Price

  • January, 2017

  • Jan 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 1465 Henderson Ave

Assessed Value (2020): $1,232,874
Year Land Value Improved Value Assessed Value
2020 $312,120 $920,754 $1,232,874

Home Value Compared to the Market

This property vs the competition

1465 Henderson Ave sold on January 30, 2024 for 58.61% 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 $356.87 per/sqft which puts the price per square foot 43.17% lower than the current median sale per square foot for the city of Long Beach.

About 1465 Henderson Ave

Detailed summary of property

1465 Henderson Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 3,640 living square feet, and sits on an approximately 4,732 square foot lot. 1465 Henderson Ave was first listed on ArdentRealEstateGroup.com on November 28, 2023. The homeowner sold the property for $1,299,000. 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 58.61% higher than the current median priced home. Local homes that are currently for sale include 1010 Lime Ave, 1132 E Arcadia Court and 436 Gaviota Ave. While the average home in Long Beach, CA is selling in 62 days, 1465 Henderson Ave has a days on market of 16 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 1465 Henderson 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 1465 Henderson Ave

Public county record property details
Beds
7
Baths
6
Year built
1954
Sq. Ft.
3,640
Lot Size
4,731
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7269-040-013

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?

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1455 Henderson Ave, Long Beach, CA 90813
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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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