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1719 E Florida St, Long Beach, CA 90802
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1719 E Florida St Long Beach, CA 90802

$1,350,000 Sold Price as of 07/24/2020
  • 7 Beds
  • 5 Baths
  • 3,578 Sq.Ft.
Sold
$1,350,000 Sold Price as of 07/24/2020 Refinance Your Mortgage
Map preview of 1719 E Florida St, Long Beach, CA 90802

Property Overview: 1719 E Florida St Long Beach, CA has 7 bedrooms, 5 bathrooms, 3,578 living square feet and 5,333 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: New Listing!!! INVESTOR’S DREAM . Exciting FOUR PLEX IS 3 1/2 blocks to the beach, has 7 parking spaces , 4 outdoor patio areas and 3 laundry areas. Designer Remodeled Modern Contemporary 3+2 front house includes a Master Suite , NEW Premium gray vinyl plank flooring, 2 remodeled bathrooms with quartz countertops and gray Stylish porcelain tile floors !. Gorgeous UPDATED kitchen with granite countertops, SS Appliances,pantry, new washer/dryer, new Frig. Outside the front house you have a STAMPED concrete driveway , lush landscaping and parking for 2 cars, 3 large outdoor patio areas.Second building has 3 units.Townhouse with 2 bedrooms and 1 1/2 baths boasts its own laundry closet and Huge outdoor covered patio and 2 parking spaces. Apartment over garage has 2 Bedrooms , 1 bath, 2 parking spaces an laundry access. New furnished Studio with walk in closet ,premium tile flooring throughout. Studio has washer dryer access and 1 outdoor parking space. Front house has Central HVAC, new roof , vinyl windows and plumbing. With 93k income a year, your buyer will enjoy a great Cape Rate of 5.5 . GRM= 14.9. Seller has invested more than $160,000 to make this the perfect property. 95 Walk score. Walk to Shoreline Village,Retro Row,Popular Pine street restaurants and bars. Property HAS NO SIGN, ALL UNITS ALL OCCUPIED! SO PLEASE DO NOT DISTURB TENANTS. WRITE OFFER SUBJECT TO INTERIOR INSPECTION WITH RPA, EMD,POF, DU APPROVAL, LOCATED NORTH OF 3RD AND EAST OF WALNUT.

Listed by Peggy Graham-Nyman | BRE #00892501 | Beverly and Company, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
5,333
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
SR20096735
City
Long Beach
County
Los Angeles
Time on Site
1406 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,275
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: 14.9
  • Gross Scheduled Income: $93,000
  • Net Operating Income: $69,560
  • Gross Operating Income: $23,440
Annual Expense Breakdown
  • Total Operating Expense: $23,440
  • Electric: $600
  • Gas/Fuel: $0
  • New Taxes: $17,800
  • Trash: $960
  • Gardener: $720
  • Insurance: $2,400
  • Water/Sewer: $960
  • Other Expenses: $50

Property Details for 1719 E Florida St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, In Garage, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Built-In Range, Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater Central, Water Heater
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop, Shingle, Tile
  • Awning(s)
  • Has Fence
  • New Condition, Vinyl
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Paved, Driveway Level, Garage Faces Rear
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Level with Street, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Courtyard, Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7275016021
  • Year Built Source: Assessor
  • Architectural Style: Contemporary, Mid Century Modern, Traditional
  • Foundation Details: Combination
  • Property is Attached
  • Offered With Property: Furnished studio .
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: North of 3rd Street, East of Walnut
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 1719 E Florida St

Last sold for $1,350,000 on July 24th, 2020

  • July, 2020

  • Jul 25, 2020

    Date

    Sold

    CRMLS: SR20096735

    $1,350,000

    Price

  • Jun 19, 2020

    Date

    Active Under Contract

    CRMLS: SR20096735

    $1,388,000

    Price

  • May 26, 2020

    Date

    Active

    CRMLS: SR20096735

    $1,388,000

    Price

  • May 24, 2020

    Date

    Coming Soon

    CRMLS: SR20096735

    $1,388,000

    Price

  • July, 2020

  • Jul 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

  • March, 2016

  • Mar 31, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,095,000

    Price

Show More

Tax History for 1719 E Florida St

Assessed Value (2020): $1,185,262
Year Land Value Improved Value Assessed Value
2020 $865,945 $319,317 $1,185,262

Home Value Compared to the Market

This property vs the competition

1719 E Florida St sold on July 24, 2020 for 73.5% 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 $387.93 per/sqft which puts the price per square foot 38.62% lower than the current median sale per square foot for the city of Long Beach.

About 1719 E Florida St

Detailed summary of property

1719 E Florida St is a fourplex that recently sold in Long Beach, CA 90802. This fourplex offered 7 bedrooms, 5 bathrooms, roughly 3,578 living square feet, and sits on an approximately 5,333 square foot lot. 1719 E Florida St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,350,000. 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 73.5% higher than the current median priced home. Local homes that are currently for sale include 3915 E 11th St, 1044 Cedar Ave and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 51 days, 1719 E Florida St has a days on market of 22 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 1719 E Florida 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 1719 E Florida St

Public county record property details
Beds
7
Baths
5
Year built
1920
Sq. Ft.
3,578
Lot Size
5,333
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7275-016-021

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
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
130
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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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