1827 E Ocean Blvd, Long Beach, CA 90802
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1827 E Ocean Blvd Long Beach, CA 90802

$4,250,000 Sold Price as of 12/10/2019
  • 12 Beds
  • 17 Baths
  • 10,776 Sq.Ft.
Sold
$4,250,000 Sold Price as of 12/10/2019 Refinance Your Mortgage

Map preview of 1827 E Ocean Blvd, Long Beach, CA 90802

Property Overview: 1827 E Ocean Blvd Long Beach, CA has 12 bedrooms, 17 bathrooms, 10,776 living square feet and 8,257 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before processing

Listed by Richard Gaylord | BRE #00680197 | Re/Max R. E. Specialists
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
8,257
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19278926
City
Long Beach
County
Los Angeles
Time on Site
1531 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $1,275
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $21,000
  • Net Operating Income: $16,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,490
  • Trash: $480
  • Insurance: $1,700
  • Professional Management: $12,000
  • Water/Sewer: $1,080

Property Details for 1827 E Ocean Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 17
  • Parcel Number: 7265018019
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: other
  • Directions: Ocean w/Cherry
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 1827 E Ocean Blvd

Last sold for $4,250,000 on December 10th, 2019
  • December, 2019

  • Dec 12, 2019

    Date

    Sold

    CRMLS: PW19278926

    $4,250,000

    Price

  • Dec 12, 2019

    Date

    Active

    CRMLS: PW19278926

    $4,600,000

    Price

  • Dec 10, 2019

    Date

    Sold

    CRMLS: PW19278926

    $4,250,000

    Price

  • Dec 10, 2019

    Date

    Active

    CRMLS: PW19278926

    $4,600,000

    Price

  • December, 2019

  • Dec 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,250,000

    Price

  • August, 2007

  • Aug 14, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1827 E Ocean Blvd

Assessed Value (2020): $4,252,700
Year Land Value Improved Value Assessed Value
2020 $1,250,000 $3,002,700 $4,252,700

Home Value Compared to the Market

This property vs the competition

1827 E Ocean Blvd sold on December 10, 2019 for 461.66% higher 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 $426.87 per/sqft which puts the price per square foot 32.03% lower than the current median sale per square foot for the city of Long Beach.

About 1827 E Ocean Blvd

Detailed summary of property

1827 E Ocean Blvd is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 12 bedrooms, 17 bathrooms, roughly 10,776 living square feet, and sits on an approximately 8,257 square foot lot. 1827 E Ocean Blvd was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $4,250,000. 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 461.66% higher than the current median priced home. Local homes that are currently for sale include 936 W 71st St, 11662 Stuart Dr and 5871 S San Pedro St. While the average home in Long Beach, CA is selling in 62 days, 1827 E Ocean Blvd has a days on market of 14 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 1827 E Ocean Blvd 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 1827 E Ocean Blvd

Public county record property details
Beds
12
Baths
17
Year built
1948
Sq. Ft.
10,776
Lot Size
8,256
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7265-018-019

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%)

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Related Resources to 1827 E Ocean Blvd

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.