1600 Junipero Ave, Long Beach, CA 90804
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1600 Junipero Ave Long Beach, CA 90804

$1,290,000 Sold Price as of 05/19/2023
  • 12 Beds
  • 4 Baths
  • 4,266 Sq.Ft.
Sold
$1,290,000 Sold Price as of 05/19/2023 Refinance Your Mortgage

Map preview of 1600 Junipero Ave, Long Beach, CA 90804

Property Overview: 1600 Junipero Ave Long Beach, CA has 12 bedrooms, 4 bathrooms, 4,266 living square feet and 7,043 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built In 1977, This Eastside Fourplex Offers Very Desirable And Spacious Configuration Of All 3 Bedroom Units. All Units Are Currently Occupied. This Strong Coastal Market Of Long Beach Offers Great Upside Rents, Proximity To Freeways, Shopping, Entertainment, And Cal State Long Beach. All Units Are Metered Separately For Gas And Electric. This Property Also Offers An Abundance Of Parking With The Ability To Park Up To 12 Cars On The Premises With 6 Tandem Parking Spots. All Units Have Inside Laundry As Well! Don't Miss This Well Located Income Producing Property With A Cap Rate Above 5%!

Listed by Brandon Caldarella | BRE #01270581 | First Team Real Estate
Last checked: 3 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,043
HOA Dues
$0/mo
Year built
1977
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW23048534
City
Long Beach
County
Los Angeles
Time on Site
422 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,139
  • Total Rent: $2,139
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,560
  • Total Rent: $2,560
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,139
  • Total Rent: $2,139
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,139
  • Total Rent: $2,139
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.27%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,724
  • Net Operating Income: $71,119
  • Gross Operating Income: $107,724
  • Vacancy Allowance: $3,030
Annual Expense Breakdown
  • Total Operating Expense: $36,605
  • Licenses: $609
  • New Taxes: $18,000
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,753
  • Professional Management: $5,134
  • Water/Sewer: $2,232
  • Other Expense Description: 4000misc

Property Details for 1600 Junipero Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Driveway Level, Tandem Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7260012006
  • 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: Eastside (ES)
  • Directions: S. PCH on Junipero
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 1600 Junipero Ave

Last sold for $1,290,000 on May 19th, 2023
  • May, 2023

  • May 19, 2023

    Date

    Sold

    CRMLS: PW23048534

    $1,290,000

    Price

  • Mar 24, 2023

    Date

    Active

    CRMLS: PW23048534

    $135,000

    Price

Tax History for 1600 Junipero Ave

Assessed Value (2020): $456,107
Year Land Value Improved Value Assessed Value
2020 $91,936 $364,171 $456,107

Home Value Compared to the Market

This property vs the competition

1600 Junipero Ave sold on May 19, 2023 for 68.75% 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 $316.46 per/sqft which puts the price per square foot 49.93% lower than the current median sale per square foot for the city of Long Beach.

About 1600 Junipero Ave

Detailed summary of property

1600 Junipero Ave is a fourplex that recently sold in Long Beach, CA 90804. This fourplex offered 12 bedrooms, 4 bathrooms, roughly 4,266 living square feet, and sits on an approximately 7,043 square foot lot. 1600 Junipero Ave was first listed on ArdentRealEstateGroup.com on March 24, 2023. The homeowner sold the property for $1,290,000. 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 68.75% higher than the current median priced home. Local homes that are currently for sale include 2175 Earl Ave, 1044 Cedar Ave and 3409 Walnut Ave. While the average home in Long Beach, CA is selling in 51 days, 1600 Junipero Ave has a days on market of 12 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1600 Junipero 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 1600 Junipero Ave

Public county record property details
Beds
12
Baths
4
Year built
1977
Sq. Ft.
4,266
Lot Size
7,042
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5,6
APN
7260-012-006

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 1600 Junipero 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.