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1604 E Mckenzie St, Long Beach, CA 90805
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1604 E Mckenzie St Long Beach, CA 90805

$699,000 Sold Price as of 04/01/2021
  • 4 Beds
  • 2 Baths
  • 1,888 Sq.Ft.
Sold
$699,000 Sold Price as of 04/01/2021 Refinance Your Mortgage
Map preview of 1604 E Mckenzie St, Long Beach, CA 90805

Property Overview: 1604 E Mckenzie St Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,888 living square feet and 5,453 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This "value-add" Long Beach duplex is a great find. This asset has great curb appeal and both units are completely separate 2+1 buildings with long-term tenants. One building is a lovely Spanish, the other a charming traditional. The property is located in a nice residential neighborhood and near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.

Listed by Scott Nell | BRE #01358285 | Keller Williams Realty Encino-Sherman Oa
Co-listed by Eric Petz | BRE #01893338 | Keller Williams Realty Encino-Sherman Oa
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
5,453
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21694116
City
Long Beach
County
Los Angeles
Time on Site
1306 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 22
  • Gross Scheduled Income: --
  • Net Operating Income: $31,200
  • Gross Operating Income: $31,200
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1604 E Mckenzie St

Interior Features
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 7114016031
Location / Neighborhood
Location Information
  • Directions: Corner of Mckenzie and Walnut.
View more facts & features

Local Long Beach Agent

Sale History for 1604 E Mckenzie St

Last sold for $699,000 on April 1st, 2021

  • April, 2021

  • Apr 23, 2021

    Date

    Sold

    CRMLS: 21694116

    $699,000

    Price

  • Mar 5, 2021

    Date

    Pending

    CRMLS: 21694116

    $699,000

    Price

  • Feb 21, 2021

    Date

    Active

    CRMLS: 21694116

    $699,000

    Price

Tax History for 1604 E Mckenzie St

Assessed Value (2020): $339,719
Year Land Value Improved Value Assessed Value
2020 $101,221 $238,498 $339,719

Home Value Compared to the Market

This property vs the competition

1604 E Mckenzie St sold on April 1, 2021 for 14.65% lower 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 $370.23 per/sqft which puts the price per square foot 41.05% lower than the current median sale per square foot for the city of Long Beach.

About 1604 E Mckenzie St

Detailed summary of property

1604 E Mckenzie St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,888 living square feet, and sits on an approximately 5,453 square foot lot. 1604 E Mckenzie St was first listed on ArdentRealEstateGroup.com on February 21, 2021. The homeowner sold the property for $699,000. 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 14.65% lower than the current median priced home. Local homes that are currently for sale include 1826 E 107th St, 321 E 9th St and 727 Martin Luther King Jr Ave. While the average home in Long Beach, CA is selling in 62 days, 1604 E Mckenzie St has a days on market of 11 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 1604 E Mckenzie 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 1604 E Mckenzie St

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
1,888
Lot Size
5,453
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7114-016-031

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
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

Thinking of Selling?

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(714) 706-1823

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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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