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1872 Locust Ave, Long Beach, CA 90806
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1872 Locust Ave Long Beach, CA 90806

$765,000 Sold Price as of 06/10/2024
  • 6 Beds
  • 0 Baths
  • 1,816 Sq.Ft.
Sold
$765,000 Sold Price as of 06/10/2024 Refinance Your Mortgage
Map preview of 1872 Locust Ave, Long Beach, CA 90806

Property Overview: 1872 Locust Ave Long Beach, CA has 6 bedrooms, -- bathrooms, 1,816 living square feet and 5,182 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity to own a duplex with two separate homes on a lot with parking available for up to 7 cars. The front house offers a spacious 4 bedroom 2 bath with separate laundry in put building between units. While the back unit is a 2 bedroom 1 bath with washer/dryer hookup inside the property. Freeway close and located to shops, restaurants, and entertainment.

Listed by Angela Hendry | BRE #02164401 | The Shire Real Estate Group
Last checked: 5 minutes ago | Last updated: June 10th, 2024 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,182
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
PW24049264
City
Long Beach
County
Los Angeles
Time on Site
192 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $28,800
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $42,534
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $855
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $0

Property Details for 1872 Locust Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Water Heater
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 7209015005
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Available, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: 91 W to 710 Exit PCH turn Left, then Left on Locust Ave.
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1872 Locust Ave

Last sold for $765,000 on June 10th, 2024

  • June, 2024

  • Jun 10, 2024

    Date

    Sold

    CRMLS: PW24049264

    $765,000

    Price

  • Mar 11, 2024

    Date

    Active

    CRMLS: PW24049264

    $789,888

    Price

  • November, 2022

  • Nov 5, 2022

    Date

    Leased

    CRMLS: PW22228464

    $2,000

    Price

  • Oct 24, 2022

    Date

    Active

    CRMLS: PW22228464

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this private 2 bedroom 1 bathroom back house with many newly updated accommodations. Fresh paint, cabinets and more! Enjoy A/C to keep you cool during the warm season. It comes with its own washer/dryer adjacent to the kitchen along with a gas stove, dishwasher and disposal. Newly remodeled bathroom with shower and bathtub. Kick back and relax in your private back area with a fire pit to cozy up to during the chilly evenings. 2 private parking spaces and small pets allowed with extra deposit.

  • June, 2020

  • Jun 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $655,000

    Price

  • December, 2016

  • Dec 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $497,500

    Price

Show More

Tax History for 1872 Locust Ave

Assessed Value (2020): $527,950
Year Land Value Improved Value Assessed Value
2020 $212,241 $315,709 $527,950

Home Value Compared to the Market

This property vs the competition

1872 Locust Ave sold on June 10, 2024 for 3.55% lower 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 $434.96 per/sqft which puts the price per square foot 30.74% lower than the current median sale per square foot for the city of Long Beach.

About 1872 Locust Ave

Detailed summary of property

1872 Locust Ave is a duplex that recently sold in Long Beach, CA 90806. This duplex offered 6 bedrooms, -- bathrooms, roughly 1,816 living square feet, and sits on an approximately 5,182 square foot lot. 1872 Locust Ave was first listed on ArdentRealEstateGroup.com on March 11, 2024. The homeowner sold the property for $765,000. 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 3.55% lower than the current median priced home. Local homes that are currently for sale include 1428 E 59th St, 1622 E.63rd st. and 2841 E 65th St. While the average home in Long Beach, CA is selling in 62 days, 1872 Locust Ave has a days on market of 15 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 1872 Locust 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 1872 Locust Ave

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
1,816
Lot Size
5,182
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
7209-015-005

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
$770,000
Median List Price/Sq.Ft.
$530
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
22
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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