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1728 E Florida St Long Beach, CA 90802

$1,037,400 Sold Price as of 06/03/2022

3 Beds
2 Baths
1,728 Sq.Ft.

Sold

$1,037,400 Sold Price as of 06/03/2022 Refinance Your Mortgage

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Map preview of 1728 E Florida St, Long Beach, CA 90802

Property Overview: 1728 E Florida St Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,728 living square feet and 2,562 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Reduced price!!! This is a great opportunity to own a remodeled income property in the city of Long Beach. This duplex is centrally located in the city with restaurants, bars, coffee shops and the beach all within walking distance. This building consists of 2 units with a 1 car garage and a driveway that can fit 2 additional cars. The top unit is a 1bedroom with bonus room that can be used as office and 1 bathroom. This unit has a remodeled kitchen with granite countertops and modern state off the art appliances. The bottom unit consists of 1 bedroom with an office and 1 bathroom. The assessor has this unit as a 2 bedroom, because the bonus room has a small closet. Each unit comes equipped with washer and dryers inside the unit as well as original hard wood flooring. This fantastic property would be a great addition to an investor’s portfolio or an opportunity for homeowner to live in one unit and rent out the other unit to help with the mortgage.

Listed by Jahi Johnson | BRE #01748570 | JMJ Realty Group

Last checked: 43 seconds ago | Last updated: June 3rd, 2022 | Source CRMLS | DOM: 263

Home details

Lot Sq. Ft: 2,562
HOA Dues: $0/mo
Year built: 1923
Garage: 1 Car
Property Type:: Multi Family

Status: Sold
MLS#: SR21153179
City: Long Beach
County: Los Angeles
Time on Site: 1027 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1
# of Electric Meters: 2
# of Gas Meters: 1
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,600

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $2,300
Total Rent: $2,300
Pro Forma/Market Rent: $2,600

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $49,200
Net Operating Income: $47,356
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $1,844
Gas/Fuel: $0
Trash: $480
Gardener: $400
Insurance: $484
Water/Sewer: $480

Property Details for 1728 E Florida St

Interior Features

Laundry Information

Has Laundry
Inside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 1
# of Parking Spaces: 1

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 7275015018
Year Built Source: Public Records
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Florida and 4th

Neighborhood Information

Community Features: Curbs

View more facts & features

Local Long Beach Agent

Sale History for 1728 E Florida St

Last sold for $1,037,400 on June 3rd, 2022

October, 2021
Oct 15, 2021

Date

Price Change

CRMLS: SR21153179

$1,149,900

Price
Jul 24, 2021

Date

Active

CRMLS: SR21153179

$1,175,000

Price
October, 2016
Oct 24, 2016

Date

Sold (Public Records)

Public Records

$659,000

Price
July, 1997
Jul 25, 1997

Date

Sold (Public Records)

Public Records

$117,000

Price

Tax History for 1728 E Florida St

Assessed Value (2020): $699,335

Year	Land Value	Improved Value	Assessed Value
2020	$530,604	$168,731	$699,335

Home Value Compared to the Market

This property vs the competition

1728 E Florida St sold on June 3, 2022 for 24.99% 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 $578.65 per/sqft which puts the price per square foot 8.44% lower than the current median sale per square foot for the city of Long Beach.

About 1728 E Florida St

Detailed summary of property

1728 E Florida St is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,728 living square feet, and sits on an approximately 2,562 square foot lot. 1728 E Florida St was first listed on ArdentRealEstateGroup.com on July 24, 2021. The homeowner sold the property for $1,037,400. 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 24.99% higher than the current median priced home. Local homes that are currently for sale include 2175 Earl Ave, 2223 Locust Ave and 154 E Eagle St. While the average home in Long Beach, CA is selling in 51 days, 1728 E Florida St has a days on market of 263 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 1728 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 1728 E Florida St

Public county record property details

Beds: 2
Baths: 2
Year built: 1923
Sq. Ft.: 1,728
Lot Size: 2,562
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 7275-015-018

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

Loan Type

Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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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.