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1640 E Erie St, Long Beach, CA 90802
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1640 E Erie St Long Beach, CA 90802

$1,100,000
  • 5 Beds
  • 3 Baths
  • 1,586 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 1640 E Erie St, Long Beach, CA 90802

Property Overview: 1640 E Erie St Long Beach, CA has 5 bedrooms, 3 bathrooms, 1,586 living square feet and 5,604 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 opportunity to purchase a 4 bedroom 2ba home and subsidize the mortgage with income from the attached 1bed 1ba unit. The home is efficient with a quaint living room, updated 3/4 bath, dining and kitchen on the main floor. The second floor has 4 bedrooms and an updated full bath. This home sits on a large corner lot with a 3 car garage and 6 additional parking spaces for a total of 9 parking spaces. The garages and parking spaces can be rented out for additional income or has potential for an ADU, buyer to do their own investigations. Fully fenced backyard with fruit trees and grass. Great location near all the shops, restaurants and bars on Retro Row and Downtown Long Beach. Property has newer roof and fresh exterior paint.

Listed by Jenny Lin | BRE #01383084 | Berkshire Hathaway Home Servic
Last checked: 7 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,604
HOA Dues
$0/mo
Year built
1920
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
P1-19166
City
Long Beach
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
  • Pro Forma/Market Rent: $120
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: --
  • # of Baths: --
  • Garage Spaces: 3
  • Garaged Attached? No
  • Actual Rent: $250
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $58,440
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,560
  • Trash: $0
  • Gardener: $960
  • Insurance: $1,200
  • Maintenance: $1,200
  • Professional Management: $2,000
  • Water/Sewer: $1,200

Open Houses for 1640 E Erie St

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Property Details for 1640 E Erie St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
Laundry Information
  • Has Laundry
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Free-Standing Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • 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: 9
  • Has Parking
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 7275014029
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach
  • Directions: Parking spaces available by the garages accessed from the alley
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 1640 E Erie St

View property's historical transactions

  • September, 2024

  • Sep 6, 2024

    Date

    Active

    CRMLS: P1-19166

    $1,100,000

    Price

Tax History for 1640 E Erie 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

1640 E Erie St is listed 41.03% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $693.57 per/sqft which puts the price per square foot 7.36% higher than the median price per square foot for the city of Long Beach.

About 1640 E Erie St

Detailed summary of property

1640 E Erie St is a multi family located in Long Beach, CA 90802 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 1,586 living square feet, and sits on an approximately 5,604 square foot lot. 1640 E Erie St was first listed on ArdentRealEstateGroup.com on September 6, 2024. The homeowner is currently asking $1,100,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 41.03% higher than the median priced home. Local competing homes currently for sale include 1132 E Arcadia Court, 2030 E Spaulding Way and 777 Obispo Ave. While the average home in Long Beach, CA is selling in 62 days, 1640 E Erie St has a days on market of 12 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 1640 E Erie St Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1640 E Erie 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.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$569,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
173
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

Tour This Home

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Contact Jon
Long Beach Agent
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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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