1840 Henderson Ave Long Beach, CA 90806

$887,000 Sold Price as of 07/18/2017

8 Beds
7 Baths
4,356 Sq.Ft.

Off Market

$887,000 Sold Price as of 07/18/2017 Refinance Your Mortgage

Map preview of 1840 Henderson Ave, Long Beach, CA 90806

Property Overview: 1840 Henderson Ave Long Beach, CA has 8 bedrooms, 7 bathrooms, 4,356 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1840 Henderson Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $780,000. The median price per/sqft for Long Beach is $646. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $156,000 for the down payment and will need roughly $15,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1840 Henderson Ave

Last sold for $887,000 on July 18th, 2017

May, 2023
May 26, 2023

Date

Canceled

CRMLS: SB23033632

$2,450,000

Price
Mar 8, 2023

Date

Active

CRMLS: SB23033632

$2,450,000

Price
Listing provided courtesy of CRMLS

Beautifully remodeled & fully stabilized multifamily property within the S. Wrigley sub-market of Long Beach. 4-units with recently completed ADU (5 Units total) offered at a 13 GRM and 4.9 Cap Rate on current market rents! An independent appraisal value of $2,475,000 has also been recently received. Stable tenants on new leases have been added in late 2022 and currently in the process of renting out the remaining units now that all work has been completed. All units have been recently upgraded with above average finishes featuring all new kitchens, bathrooms, flooring, cabinets, fixtures, and recessed lighting. Recent CapEx includes fresh exterior paint, new windows & entry doors, split HVAC for all units including AC. Also featuring new plumbing including water supply, sewer, & gas lines and updated electrical throughout including main control panel. The seller has invested approximately $500,000 in improvements. Investors benefit from a high-income producing property boasting extra-large units in Long Beach’s rapidly developing community of S. Wrigley! Plenty of nearby freeway access (405, 710, 110, 91, & 605) and public transportation including .5 miles to the Blue Line light rail station along the Long Beach Blvd corridor that brings you right into downtown Long Beach or LA. Approximately 1.5 miles to the Ocean and the heart of Long Beach featuring shopping and restaurants including Pine Ave, the Pike Outlets, Shoreline Village, Aquarium of the Pacific, and the Long Beach Convention & Entertainment Center. This incredible rental market is perfect for investors who enjoy low vacancy rates, steadily increasing market rents, and strong long-term appreciation. This easy to own asset is a great addition to any portfolio and can be acquired with either conventional or commercial financing!

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July, 2017
Jul 18, 2017

Date

Sold

CRMLS: PW17109272

$887,000

Price
Jul 10, 2017

Date

Pending

CRMLS: PW17109272

$859,000

Price
May 26, 2017

Date

Active Under Contract

CRMLS: PW17109272

$859,000

Price
May 18, 2017

Date

Active

CRMLS: PW17109272

$859,000

Price
Listing provided courtesy of CRMLS

Very sharp & large 4-unit. Includes TWO 4 bedroom, 2 bath units, ONE 3 bed, 2 bath unit, and ONE 1 bed, 1 bath unit. Fantastic investment opportunity grossing over $6,000 per month. Includes Seven (7) enclosed garages, and five (5) Uncovered parking spaces.

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July, 2017
Jul 18, 2017

Date

Sold (Public Records)

Public Records

$887,000

Price
April, 2014
Apr 9, 2014

Date

Sold (Public Records)

Public Records

$745,000

Price

Tax History for 1840 Henderson Ave

Assessed Value (2020): $923,994

Year	Land Value	Improved Value	Assessed Value
2020	$312,120	$611,874	$923,994

About 1840 Henderson Ave

Detailed summary of property

1840 Henderson Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Long Beach, CA 90806 and last sold on July 18, 2017 for $887,000. This property has 8 bedrooms, 7 bathrooms, roughly 4,356 living square feet, and sits on an approximately 7,499 square foot lot. Homes 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 8.3% higher than the current median priced home. 1840 Henderson Ave was last sold on July 18, 2017 for $887,000. Local nearby listings include 837 Chestnut Ave #5, 2290 Pasadena Ave and 800 Pacific Ave #200. The average home in Long Beach, CA is selling in 62 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. If you are the homeowner and looking to sell the home at 1840 Henderson Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1840 Henderson Ave

Public county record property details

Beds: 8
Baths: 7
Year built: 1910
Sq. Ft.: 4,356
Lot Size: 7,499
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 7209-028-016

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$749,900

Median List Price/Sq.Ft.

$531

Median Sold Price

$920,000

Median Sold Price/Sq.Ft.

$534

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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