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1879 Locust Ave, Long Beach, CA 90806
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1879 Locust Ave Long Beach, CA 90806

$922,500 Sold Price as of 06/08/2021
  • 4 Beds
  • 4 Baths
  • 2,309 Sq.Ft.
Sold
$922,500 Sold Price as of 06/08/2021 Refinance Your Mortgage
Map preview of 1879 Locust Ave, Long Beach, CA 90806

Property Overview: 1879 Locust Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,309 living square feet and 6,753 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A great income property that was well designed and remodeled right. New windows, floors, copper pipes, sewage piping, insulation, central air and mini splits. This property is unique with the most desired detail in this neighborhood........ parking! Property has 3 separate garage units, 2 singles and 1 large enough for 2 cars and storage, plus a loooong driveway. 710 freeway and PCH are conveniently nearby along with a Metro Blue Line station. Approximately 2 miles from all types of businesses bars, restaurants, Costco, parks, and the beach! VERY NICE INCOME PROPERTY THAT IS LOW MAINTENANCE. 3 UNITS: ONE HOUSE WITH 2 BEDROOMS, 2 1/2 BATHROOMS. OTHER BUILDING WITH 2 UNITS OF 1 BEDROOM AND 1 BATH EACH.

Listed by VIDAL REYNA | BRE #01245980 | MERIDIAN CAPITAL REAL ESTATE
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,753
HOA Dues
$0/mo
Year built
1953
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
WS21098816
City
Long Beach
County
Los Angeles
Time on Site
1101 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,200
  • Net Operating Income: $51,090
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,110
  • New Taxes: $7,740
  • Trash: $600
  • Gardener: $720
  • Insurance: $1,050
  • Maintenance: $5,000
  • Water/Sewer: $1,000

Property Details for 1879 Locust Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual, Electric, Gas, High Efficiency
Heating Information
  • Has Heating
  • Central, Electric, Natural Gas, High Efficiency
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Washer Included
Room Information
  • Flooring: Bamboo, Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Water Heater, High Efficiency Water Heater, Refrigerator
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Exterior Features
Exterior Information
  • Has Fence
  • Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Concrete, Garage Faces Rear, Garage - Three Door, Garage Door Opener
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7209016002
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 2+ Access Exits, Parking
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Assume
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: LOCUST
  • Directions: PACIFIC COAST HWY AND LOCUST ST
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1879 Locust Ave

Last sold for $922,500 on June 8th, 2021

  • June, 2021

  • Jun 10, 2021

    Date

    Sold

    CRMLS: WS21098816

    $922,500

    Price

  • May 24, 2021

    Date

    Pending

    CRMLS: WS21098816

    $900,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: WS21098816

    $900,000

    Price

  • September, 2017

  • Sep 5, 2017

    Date

    Sold

    CRMLS: DW17184849

    $579,000

    Price

  • Aug 10, 2017

    Date

    Active

    CRMLS: DW17184849

    $619,900

    Price

  • Listing provided courtesy of CRMLS

    Back on Market! Charming 3 unit income property in strong rental area of Long Beach near schools, shopping, and easy fwy access. The front building is a Spanish style duplex consisting of 2 one BR and one BATH units, in the rear there is a nice private two BR house with 1 and half BATH. Live in one and rent the others, or rent out all 3. Washer and Dryer hookups in the house, Detached Garages (4) also 4 additional parking spots on property. Great investment opportunity. Bring all offers seller is motivated all information is to the best knowledge of the sellers agent and should be verified by buyer

  • August, 2017

  • Aug 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

  • April, 2005

  • Apr 1, 2005

    Date

    Sold (Public Records)

    Public Records

    $522,000

    Price

Show More

Tax History for 1879 Locust Ave

Assessed Value (2020): $593,028
Year Land Value Improved Value Assessed Value
2020 $260,100 $332,928 $593,028

Home Value Compared to the Market

This property vs the competition

1879 Locust Ave sold on June 8, 2021 for 12.5% 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 $389.78 per/sqft which puts the price per square foot 38.33% lower than the current median sale per square foot for the city of Long Beach.

About 1879 Locust Ave

Detailed summary of property

1879 Locust Ave is a triplex that recently sold in Long Beach, CA 90806. This triplex offered 4 bedrooms, 4 bathrooms, roughly 2,309 living square feet, and sits on an approximately 6,753 square foot lot. 1879 Locust Ave was first listed on ArdentRealEstateGroup.com on May 14, 2021. The homeowner sold the property for $922,500. 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 12.5% higher than the current median priced home. Local homes that are currently for sale include 530 Almond Ave, 430 Rose Ave and 1746 E Florida St. While the average home in Long Beach, CA is selling in 51 days, 1879 Locust Ave has a days on market of 7 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1879 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 1879 Locust Ave

Public county record property details
Beds
4
Baths
4
Year built
1953
Sq. Ft.
2,309
Lot Size
6,752
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
7209-016-002

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
$795,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
14
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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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