1534 Grand Ave, Long Beach, CA 90804
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1534 Grand Ave Long Beach, CA 90804

$1,335,000 Sold Price as of 06/30/2021
  • 5 Beds
  • 5 Baths
  • 3,537 Sq.Ft.
Sold
$1,335,000 Sold Price as of 06/30/2021 Refinance Your Mortgage

Map preview of 1534 Grand Ave, Long Beach, CA 90804

Property Overview: 1534 Grand Ave Long Beach, CA has 5 bedrooms, 5 bathrooms, 3,537 living square feet and 6,395 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: (THE GRANADA BUILDING) EXCELLENT AREA - EXCELLENT CONDITION PROPERTY .This 4 Unit building Perfect Investment Opportunity! Great Eastside Long Beach location. This property offers a solid tenant base with low vacancy rates. Beautifully maintained, gated sparkling pool and a well-manicured lawn with surrounding trees. The 2 bedroom 2 bath is two stories with a balcony, fireplace, enclosed patio, and laundry closet. The other 3 large one-bedroom units are in great condition! Featuring copper plumbing (from meters in) 4 attached garages. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, freeways, schools, Belmont Shore and Downtown Long Beach.

Listed by Marcos Ramirez | BRE #01339740 | Keller Williams Pacific Estate
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
6,395
HOA Dues
$0/mo
Year built
1963
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
RS21071639
City
Long Beach
County
Los Angeles
Time on Site
1137 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,926
  • Total Rent: $1,926
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,498
  • Total Rent: $1,498
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,400
  • Net Operating Income: $26,015
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $51,685
  • Electric: $736
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $838
  • Insurance: $2,550
  • Maintenance: $360
  • Water/Sewer: $1,243

Property Details for 1534 Grand Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community, Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Association
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Greenbelt
  • Lot Size Source: Estimated
  • Common Interest: Planned Development
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7253013051
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Circle (CA)
  • Directions: (Granada Building) On Grand Ave between S of PCH and N of E Anaheim St. Thanks
Neighborhood Information
  • Community Features: Street Lights, Urban
View more facts & features

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Sale History for 1534 Grand Ave

Last sold for $1,335,000 on June 30th, 2021
  • July, 2021

  • Jul 1, 2021

    Date

    Sold

    CRMLS: RS21071639

    $1,335,000

    Price

  • May 28, 2021

    Date

    Pending

    CRMLS: RS21071639

    $1,365,000

    Price

  • May 12, 2021

    Date

    Price Change

    CRMLS: RS21071639

    $1,365,000

    Price

  • May 5, 2021

    Date

    Price Change

    CRMLS: RS21071639

    $1,375,000

    Price

  • Apr 27, 2021

    Date

    Price Change

    CRMLS: RS21071639

    $1,385,000

    Price

  • Apr 6, 2021

    Date

    Active

    CRMLS: RS21071639

    $1,395,000

    Price

  • June, 2020

  • Jun 26, 2020

    Date

    Leased

    CRMLS: RS20106812

    $1,650

    Price

  • Jun 3, 2020

    Date

    Active

    CRMLS: RS20106812

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    beautiful quiet location 1/1 bathroom apartment excellent conditions new carpet with a 1 car garage pool access

  • June, 2020

  • Jun 21, 2020

    Date

    Expired

    CRMLS: RS20081217

    $1,265,000

    Price

  • Jun 1, 2020

    Date

    Price Change

    CRMLS: RS20081217

    $1,265,000

    Price

  • May 7, 2020

    Date

    Price Change

    CRMLS: RS20081217

    $1,275,000

    Price

  • Apr 29, 2020

    Date

    Active

    CRMLS: RS20081217

    $1,285,000

    Price

  • Listing provided courtesy of CRMLS

    ((( GRANADA BUILDING ))). ! EXCELLENT AREA - EXCELLENT CONDITION PROPERTY .This 4 Unit building Perfect Investment Opportunity! Great Eastside Long Beach location. beautiful well maintained gated pool and a well-manicured lawn and trees around the building. The 2-bed room 2 bath is two stories with a balcony, fireplace, enclosed patio, and laundry closet. The other 3 large one-bedroom units are in great condition! Featuring copper plumbing (from meters in ) 4 attached garages (with washer/dryer hookups and storage) and 8 additional off-street parking places. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, freeways, schools, Belmont Shore and Downtown Long Beach.

  • April, 2020

  • Apr 27, 2020

    Date

    Expired

    CRMLS: RS20057766

    $1,300,000

    Price

  • Apr 16, 2020

    Date

    Price Change

    CRMLS: RS20057766

    $1,300,000

    Price

  • Apr 10, 2020

    Date

    Price Change

    CRMLS: RS20057766

    $1,325,000

    Price

  • Apr 7, 2020

    Date

    Price Change

    CRMLS: RS20057766

    $1,335,000

    Price

  • Mar 27, 2020

    Date

    Price Change

    CRMLS: RS20057766

    $1,340,000

    Price

  • Mar 16, 2020

    Date

    Active

    CRMLS: RS20057766

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    ((( GRANADA BUILDING ))). ! EXCELLENT AREA - EXCELLENT CONDITION PROPERTY .This 4 Unit building Perfect Investment Opportunity! Great Eastside Long Beach location. beautiful well maintained gated pool and a well-manicured lawn and trees around the building. The 2-bed room 2 bath is two stories with a balcony, fireplace, enclosed patio, and laundry closet. The other 3 large one-bedroom units are in great condition! Featuring copper plumbing (from meters in ) 4 attached garages (with washer/dryer hookups and storage) and 8 additional off-street parking places. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, freeways, schools, Belmont Shore and Downtown Long Beach.

  • March, 2020

  • Mar 1, 2020

    Date

    Sold

    CRMLS: PW19267191

    $1,040,000

    Price

  • Jan 23, 2020

    Date

    Active Under Contract

    CRMLS: PW19267191

    $1,250,000

    Price

  • Nov 22, 2019

    Date

    Active

    CRMLS: PW19267191

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    1534 Grand Avenue is a unique and outstanding 8-unit investment opportunity in a prime Eastside Long Beach location below the traffic circle. The offering consists of two 4-unit buildings with spacious units on manicured grounds. (APN 7253-013-051 is called Granada and is this listing, 7253-013-052 is called Vista and is a separate MLS listing PW19267328 -- each are priced the same and the owner wishes to sell them together). These are two of the four 4-unit buildings in the PUD that have a gated pool area and lawns separating them (the other two buildings to the south are each owned separately). The long-time owner residents have taken great care of the property. The units and common areas are in excellent condition. The 2bd/2ba unit is two-story and has a balcony, enclosed patio, fireplace and laundry closet. There’s one extra-large 1-bd unit upstairs with two more nice 1-bd units (one up with a fireplace and one down). Featuring copper plumbing (from the meters in), 4 attached garages per building (with washer/dryer hookups and storage) and 8 additional off-street parking places. 1534 Grand Ave has a common area pool, a tranquil atmosphere and easy access to freeways, shopping, CSULB, Belmont Shore and Downtown LB – all attractive to east Long Beach’s strong renter base. Tenants appreciate the condo like environment and the units are easy to rent because this is a great place to call home (or your investment property!).

  • February, 2020

  • Feb 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,040,000

    Price

  • April, 2018

  • Apr 18, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1534 Grand Ave

Assessed Value (2020): $221,891
Year Land Value Improved Value Assessed Value
2020 $45,219 $176,672 $221,891

Home Value Compared to the Market

This property vs the competition

1534 Grand Ave sold on June 30, 2021 for 70.62% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $385.92 per/sqft which puts the price per square foot 38.94% lower than the current median sale per square foot for the city of Long Beach.

About 1534 Grand Ave

Detailed summary of property

1534 Grand Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 3,537 living square feet, and sits on an approximately 6,395 square foot lot. 1534 Grand Ave was first listed on ArdentRealEstateGroup.com on April 6, 2021. The homeowner sold the property for $1,335,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 70.62% higher than the current median priced home. Local homes that are currently for sale include 217 Argonne Ave, 1731 E 3rd St and 1367 Alamitos Ave. While the average home in Long Beach, CA is selling in 51 days, 1534 Grand Ave has a days on market of 48 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 1534 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 1534 Grand Ave

Public county record property details
Beds
5
Baths
5
Year built
1963
Sq. Ft.
3,537
Lot Size
2,204
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
Unit
APN
7253-013-051

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
$515,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
53
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 1534 Grand Ave

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.