1891 Pacific Ave, Long Beach, CA 90806
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1891 Pacific Ave Long Beach, CA 90806

$800,000 Sold Price as of 06/24/2022
  • -- Beds
  • -- Baths
  • 5,984 Sq.Ft.
Sold
$800,000 Sold Price as of 06/24/2022 Refinance Your Mortgage

Map preview of 1891 Pacific Ave, Long Beach, CA 90806

Property Overview: 1891 Pacific Ave Long Beach, CA has -- bedrooms, -- bathrooms, 5,984 living square feet and 7,993 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This retail property can be purchased as an investment with upside potential or can be occupied by an owner/user. There are two retail units, one residential studio, and six (6) garages on the premises. The liquor store is located on the corner with a longer-term lease in place and an electrician is occupying the other retail space, residential studio, and four (4) of the six (6) garages. The fifth (5th) garage is being used by a residential tenant located at 1869 Pacific Ave and the sixth (6th) garage is currently being used by the seller for storage.

Listed by Sheva Hosseinzadeh | BRE #01922147 | Coldwell Banker Commercial
Last checked: 1 minute ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 209

Home details

Lot Sq. Ft
7,993
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW21232307
City
Long Beach
County
Los Angeles
Time on Site
932 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,540
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $5,050
  • Maintenance: $1,867

Property Details for 1891 Pacific Ave

Interior Features
Laundry Information
  • Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 7209022003
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Pacific Coast Highway & Pacific Avenue
View more facts & features

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Sale History for 1891 Pacific Ave

Last sold for $800,000 on June 24th, 2022
  • June, 2022

  • Jun 24, 2022

    Date

    Sold

    CRMLS: PW21232307

    $800,000

    Price

  • Oct 20, 2021

    Date

    Active

    CRMLS: PW21232307

    $1,000,000

    Price

Tax History for 1891 Pacific Ave

Assessed Value (2020): $230,602
Year Land Value Improved Value Assessed Value
2020 $65,077 $165,525 $230,602

Home Value Compared to the Market

This property vs the competition

1891 Pacific Ave sold on June 24, 2022 for 25% 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 $167.11 per/sqft which puts the price per square foot 73.56% lower than the current median sale per square foot for the city of Long Beach.

About 1891 Pacific Ave

Detailed summary of property

1891 Pacific Ave is a mixed use that recently sold in Long Beach, CA 90806. This mixed use property offered -- bedrooms, -- bathrooms, roughly 5,984 living square feet, and sits on an approximately 7,993 square foot lot. 1891 Pacific Ave was first listed on ArdentRealEstateGroup.com on October 20, 2021. The homeowner sold the property for $800,000. 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 25% higher than the current median priced home. Local homes that are currently for sale include 5870 Hooper Ave, 665 W Florence Ave and 1331 W Florence Ave. While the average home in Long Beach, CA is selling in 51 days, 1891 Pacific Ave has a days on market of 209 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1891 Pacific 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 1891 Pacific Ave

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
5,984
Lot Size
8,000
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7209-022-003

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.
$614
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
15
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%)

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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.