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1616 W 20th St, Long Beach, CA 90810
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1616 W 20th St Long Beach, CA 90810

$576,000 Sold Price as of 06/14/2019
  • 4 Beds
  • 3 Baths
  • 2,376 Sq.Ft.
Sold
$576,000 Sold Price as of 06/14/2019 Refinance Your Mortgage
Map preview of 1616 W 20th St, Long Beach, CA 90810

Property Overview: 1616 W 20th St Long Beach, CA has 4 bedrooms, 3 bathrooms, 2,376 living square feet and 5,835 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex building of 2,376 SF built in 1953 sits on a 5,835 SF lot. 2 one bedroom /1 bath units, 1 two bedroom / 1 bath unit. 3 single car garages. Gas and electric are separately metered. Long term tenants with rents below current market rates. Property is zoned LBR2N and located north of Pacific Coast Highway and west of the 710 freeway.

Listed by Frank Sciotto | BRE #01190420 | Integrated Capital Solutions
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,835
HOA Dues
$0/mo
Year built
1953
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW18265365
City
Long Beach
County
Los Angeles
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.33
  • Gross Scheduled Income: $33,600
  • Net Operating Income: $29,843
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,757
  • Electric: $60
  • New Taxes: $6,863
  • Trash: $0
  • Insurance: $1,147
  • Water/Sewer: $1,500

Property Details for 1616 W 20th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7431019008
  • 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: Westside/South of Willow (WSW)
  • Directions: North of Pacific Coast Highway / East of Santa Fe
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1616 W 20th St

Last sold for $576,000 on June 14th, 2019

  • June, 2019

  • Jun 15, 2019

    Date

    Sold

    CRMLS: PW18265365

    $576,000

    Price

  • Apr 11, 2019

    Date

    Pending

    CRMLS: PW18265365

    $549,000

    Price

  • Mar 12, 2019

    Date

    Active Under Contract

    CRMLS: PW18265365

    $549,000

    Price

  • Mar 4, 2019

    Date

    Active

    CRMLS: PW18265365

    $549,000

    Price

  • Feb 4, 2019

    Date

    Hold

    CRMLS: PW18265365

    $549,000

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: PW18265365

    $549,000

    Price

  • Dec 27, 2018

    Date

    Hold

    CRMLS: PW18265365

    $549,000

    Price

  • Nov 26, 2018

    Date

    Pending

    CRMLS: PW18265365

    $549,000

    Price

  • Nov 6, 2018

    Date

    Active Under Contract

    CRMLS: PW18265365

    $549,000

    Price

  • Nov 2, 2018

    Date

    Active

    CRMLS: PW18265365

    $549,000

    Price

  • June, 2019

  • Jun 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $576,000

    Price

  • August, 2000

  • Aug 10, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1616 W 20th St

Assessed Value (2020): $587,940
Year Land Value Improved Value Assessed Value
2020 $408,000 $179,940 $587,940

Home Value Compared to the Market

This property vs the competition

1616 W 20th St sold on June 14, 2019 for 31.37% lower 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 $231.06 per/sqft which puts the price per square foot 63.44% lower than the current median sale per square foot for the city of Long Beach.

About 1616 W 20th St

Detailed summary of property

1616 W 20th St is a multi family that recently sold in Long Beach, CA 90810. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,376 living square feet, and sits on an approximately 5,835 square foot lot. 1616 W 20th St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $576,000. 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 31.37% lower than the current median priced home. Local homes that are currently for sale include 155 E Colden Ave, 1643 E 87th Pl and 220 W Colden Ave. While the average home in Long Beach, CA is selling in 51 days, 1616 W 20th St has a days on market of 20 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 1616 W 20th 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 1616 W 20th St

Public county record property details
Beds
4
Baths
3
Year built
1953
Sq. Ft.
2,376
Lot Size
5,851
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
7431-019-008

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
$700,000
Median List Price/Sq.Ft.
$503
Median Sold Price
$675,000
Median Sold Price/Sq.Ft.
$644
Total Inventory
25
Median Sale to List Price %
97.97%
Avg Days on Market
23
Loan Type
Conventional (28.57%), FHA (42.86%), VA (0%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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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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