16 E Market St, Long Beach, CA 90805
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16 E Market St Long Beach, CA 90805

$689,000
  • -- Beds
  • -- Baths
  • 960 Sq.Ft.
For Sale
$689,000 Get Pre-Qualified

Map preview of 16 E Market St, Long Beach, CA 90805

Property Overview: 16 E Market St Long Beach, CA has -- bedrooms, -- bathrooms, 960 living square feet and 8,518 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: Great opportunities with this large lot (currently a 960 sq ft commercial building sits on the site), located right off Long Beach Blvd and near the 710 freeway, near popular businesses such as an artisan coffee shop, athletic shoe store, etc. This 8500+ SQFT lot is a developer’s dream, offering ample space to build commercial, 1-2 residential, or mixed use unit(s); builders, take advantage of current building codes which allow the addition of ADUs. The location falls under AB 2097 which prohibits imposing minimum parking requirements. Please refer to the Long Beach city zoning office to verify and review the CNR designation and all local ordinances.

Listed by Helen Kim | BRE #01718341 | Helen Kim, Broker
Last checked: 2 minutes ago | Last updated: February 18th, 2024 | Source CRMLS | DOM: 273
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,518
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Business
Status
Active
MLS#
SB23088138
City
Long Beach
County
Los Angeles
Time on Site
326 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 16 E Market St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 7131001046
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Other
Location / Neighborhood
Location Information
  • Directions: Exit off of the 710 freeway onto Long Beach Blvd. and drive southbound and the lot is located on the corner of Market St. and Long Beach Blvd.
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Local Long Beach Agent

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Sale History for 16 E Market St

Last sold for $425,000 on August 22nd, 2019
  • February, 2024

  • Feb 15, 2024

    Date

    Withdrawn

    CRMLS: SB23201808

    $2,500

    Price

  • Oct 30, 2023

    Date

    Active

    CRMLS: SB23201808

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Great opportunities with this large lot (currently a 960 sq ft commercial building sits on the site), located right off Long Beach Blvd and near the 710 freeway, near popular businesses such as an artisan coffee shop, athletic shoe store, etc. This location is off a major, popular street and has so much potential. Option to purchase. Mixed use- R3P and CP residential.Within area covered by AB 2097 that prohibits imposing residential parking standards

  • May, 2023

  • May 31, 2023

    Date

    Active

    CRMLS: SB23088138

    $689,000

    Price

  • August, 2019

  • Aug 23, 2019

    Date

    Sold

    CRMLS: PW19157799

    $425,000

    Price

  • Aug 15, 2019

    Date

    Pending

    CRMLS: PW19157799

    $470,000

    Price

  • Jul 3, 2019

    Date

    Active

    CRMLS: PW19157799

    $470,000

    Price

  • Listing provided courtesy of CRMLS

    Free standing commercial property in Long Beach. Good for the owner-user!!! 960 sf building and 8518 sf lot size Contact the listing agent for details...

  • August, 2019

  • Aug 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $425,000

    Price

  • August, 2000

  • Aug 25, 2000

    Date

    Sold (Public Records)

    Public Records

    $210,000

    Price

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Tax History for 16 E Market St

Assessed Value (2020): $425,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $25,000 $425,000

Home Value Compared to the Market

This property vs the competition

16 E Market St is listed 13.88% lower than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $717.71 per/sqft which puts the price per square foot 13.38% higher than the median price per square foot for the city of Long Beach.

About 16 E Market St

Detailed summary of property

16 E Market St is a business located in Long Beach, CA 90805 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 960 living square feet, and sits on an approximately 8,518 square foot lot. 16 E Market St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $689,000. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 13.88% lower than the median priced home. Local competing homes currently for sale include 4606 Compton Ave, 889 E Vernon Ave and 1655 W Florence Ave. While the average home in Long Beach, CA is selling in 56 days, 16 E Market St has a days on market of 273 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 16 E Market 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 16 E Market St

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
960
Lot Size
8,518
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
13-15
APN
7131-001-046

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
$679,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
60
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (40%), FHA (28%), VA (4%), Cash (12%), Other (12%)

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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.