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1562 W 31st St, Long Beach, CA 90810
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1562 W 31st St Long Beach, CA 90810

$1,250,000
  • 8 Beds
  • 4 Baths
  • 1,696 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified
Map preview of 1562 W 31st St, Long Beach, CA 90810

Property Overview: 1562 W 31st St Long Beach, CA has 8 bedrooms, 4 bathrooms, 1,696 living square feet and 6,334 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: THE PROPERTY CONSIST OF 4 UNITS, THE FRONT HOUSE HAS 2 BEDROOMS, ONE BATH, BACK UNITS CONSIST OF (2) 2 BEDROOMS 1 BATH, (1) BEDROOM 1 BATH, WHICH HAVE BEEN UPDATED, ALL UNITS ARE WELL MAINTAINED WITH LOTS OF TREES IN THE BACKYARD AND IT IS SEPARATE FROM THE BACK UNITS, WHICH HAS ITS OWN PRIVATE AREA. FRONT HOME HAS STONE COUNTERTOPS, TILE IN KITCHECN AND LIVING AREA WITH ORIGINAL HARDWOOD FLOORS IN EACH BEDROOM. NEW ROOF AND NEW SOLAR PANELS. THIS WELL MAINTAINED 4 UNITS COMPLEX IS AN EXCELLENT INVESTMENT OPPORTUNITY. ADDITIONALLY, THE SHARED OUTDOOR PATIO SPACES PROVIDE A TRANQUIL SETTING FOR RELAXATION OR ENTERTAINMENT SPACE. THIS PROPERTY PRESENTS A FANTASTIC OPPORTUNITY FOR INVESTORS. LOCATED TO A NEARBY RESTAURANT, SILVERADO PARK, FREEWAYS, AND HOSPITALS. VERY NICE AREA OF WESTSIDE LONG BEACH.

Listed by Edith Gutierrez | BRE #00701892 | Crown Equities
Last checked: 13 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 65
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Home details

Lot Sq. Ft
6,334
HOA Dues
$0/mo
Year built
1938
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
PW24010002
City
Long Beach
County
Los Angeles
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $10,000
  • Net Operating Income: $10,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,000
  • Electric: $200
  • Gas/Fuel: $150
  • Trash: $100
  • Insurance: $1,000
  • Water/Sewer: $150

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Property Details for 1562 W 31st St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Laundry, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Electric Range, Gas & Electric Range
Interior Features
  • Unfurnished
  • Levels: One, Two
  • Window Features: Blinds
  • Door Features: Double Door Entry
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Barbecue Private, Lighting, Rain Gutters
  • Has Fence
  • Block, Good Condition, Wood
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage Faces Rear, Garage - Three Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bridge(s), Neighborhood, Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7312028005
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, See Remarks
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Westside/North of Willow (WNW)
  • Directions: From 710 freeway get off West Willow Street, gonorth on Santa Fe Ave., right on 31st. St. it will be on the right side
  • Road Frontage Type: Access Road, City Street
  • Road Surface Type: Privately Maintained
Neighborhood Information
  • Community Features: Dog Park, Park, Sidewalks, Storm Drains
View more facts & features

Local Long Beach Agent

Sale History for 1562 W 31st St

View property's historical transactions

  • January, 2024

  • Jan 16, 2024

    Date

    Active

    CRMLS: PW24010002

    $1,300,000

    Price

Tax History for 1562 W 31st St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1562 W 31st St is listed 56.27% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $737.03 per/sqft which puts the price per square foot 14.45% higher than the median price per square foot for the city of Long Beach.

About 1562 W 31st St

Detailed summary of property

1562 W 31st St is a duplex located in Long Beach, CA 90810 and is currently for sale. This duplex offers 8 bedrooms, 4 bathrooms, roughly 1,696 living square feet, and sits on an approximately 6,334 square foot lot. 1562 W 31st St was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $1,200,000-$1,250,000 and was originally asking $1,300,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 56.27% higher than the median priced home. Local competing homes currently for sale include 1163 Magnolia Ave, 1044 Cedar Ave and 3409 Walnut Ave. While the average home in Long Beach, CA is selling in 54 days, 1562 W 31st St has a days on market of 65 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1562 W 31st St Long Beach, CA 90810 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1562 W 31st St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90810 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$526
Median Sold Price
$730,000
Median Sold Price/Sq.Ft.
$536
Total Inventory
24
Median Sale to List Price %
100.69%
Avg Days on Market
23
Loan Type
Conventional (50%), FHA (50%), VA (0%), Cash (0%), 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.

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