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19 Granada Ave, Long Beach, CA 90803
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19 Granada Ave Long Beach, CA 90803

$4,275,000 Sold Price as of 01/03/2022
  • 6 Beds
  • 10 Baths
  • 7,182 Sq.Ft.
Sold
$4,275,000 Sold Price as of 01/03/2022 Refinance Your Mortgage
Map preview of 19 Granada Ave, Long Beach, CA 90803

Property Overview: 19 Granada Ave Long Beach, CA has 6 bedrooms, 10 bathrooms, 7,182 living square feet and 4,572 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of Ownership, Ten Unit, Trophy Property! Located within the highly sought after community of Belmont Shore, merely footsteps from the sand. 19 Granada is a picturesque 1930’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, large open floor plans with an abundance of natural light. Embodying a highly desirable unit blend; Six large 1 bedroom x 1 bathroom units along with Four large studios. The asset is separately metered for gas and electric and has its own large laundry room. Upper front units have beautiful heavily arched windows and ocean views. Consequently, all 10 units are in incredibly high demand, due to the buildings design, unit floor plans and proximity to the Ocean. Not only mere steps from the sand but just a short stroll to “2nd street”, which houses most of Long Beaches best fashion stores, restaurants, bars and coffee shops. Perfect building for the sophisticated investor looking for a prime asset in an A+ location.

Listed by Cameron Jacques | BRE #01852032 | Kinnery's Brokerage House
Last checked: 53 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
4,572
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21217548
City
Long Beach
County
Los Angeles
Time on Site
958 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 11
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,158
  • Total Rent: $12,948
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,566
  • Total Rent: $6,264
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.52%
  • Gross Rent Multiplier: 18.34
  • Gross Scheduled Income: $239,880
  • Net Operating Income: $155,043
  • Gross Operating Income: $235,082
  • Vacancy Allowance: $4,798
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $3,360
  • Laundry Own/Lease: Own
  • Other Income 1: $6,000
Annual Expense Breakdown
  • Total Operating Expense: $80,039
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0
  • Other Expense Description: 0

Property Details for 19 Granada Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Inside, Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Cooktop, Refrigerator
Interior Features
  • Ceiling Fan(s), Granite Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Flat
  • Awning(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Rectangular Lot, Paved, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Ocean
  • Common Walls: 1 Common Wall
  • Total # of Units: 10
  • Parcel Number: 7247021022
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: Corner of Ocean Blvd and Granada Ave
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Fishing, Golf, Gutters, Park, Watersports, Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 19 Granada Ave

Last sold for $4,275,000 on January 3rd, 2022

  • January, 2022

  • Jan 3, 2022

    Date

    Sold

    CRMLS: PW21217548

    $4,275,000

    Price

  • Oct 1, 2021

    Date

    Active

    CRMLS: PW21217548

    $4,500,000

    Price

  • September, 2021

  • Sep 16, 2021

    Date

    Canceled

    CRMLS: PW21171455

    $4,200,000

    Price

  • Aug 5, 2021

    Date

    Active

    CRMLS: PW21171455

    $4,200,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2021

  • Jul 30, 2021

    Date

    Canceled

    CRMLS: PW21082101

    $4,200,000

    Price

  • Apr 19, 2021

    Date

    Active

    CRMLS: PW21082101

    $4,200,000

    Price

  • Listing provided courtesy of CRMLS

    Pride of Ownership, Ten Unit, Trophy Property! Located within the highly sought after community of Belmont Shore, merely footsteps from the sand. 19 Granada is a picturesque 1930’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, large open floor plans with an abundance of natural light. Embodying a highly desirable unit blend; Six large 1 bedroom x 1 bathroom units along with Four large studios. The asset is separately metered for gas and electric and has its own large laundry room. Upper front units have beautiful arched windows and ocean views. Consequently, all 10 units are in incredibly high demand, due to the buildings design, unit floor plans and proximity to the Ocean. Not only mere steps from the sand but just a short stroll to “2nd street”, which houses most of Long Beaches best fashion stores, restaurants, bars and coffee shops. Perfect building for the sophisticated investor looking for a prime asset in an A+ location.

  • April, 2021

  • Apr 16, 2021

    Date

    Canceled

    CRMLS: PW21016390

    $4,200,000

    Price

  • Jan 26, 2021

    Date

    Active

    CRMLS: PW21016390

    $4,200,000

    Price

  • Listing provided courtesy of CRMLS

    Pride of Ownership, Ten Unit, Trophy Property! Located within the highly sought after community of Belmont Shore, merely footsteps from the sand. 19 Granada is a picturesque 1930’s building, featuring all classic characteristics and qualities of early 20th century architecture – boasting magnificent high ceilings, built in cabinetry, large open floor plans with an abundance of natural light. Embodying a highly desirable unit blend; Six large 1 bedroom x 1 bathroom units along with Four large studios. The asset is separately metered for gas and electric and has its own large laundry room. Upper front units have beautiful arched windows and ocean views. Consequently, all 10 units are in incredibly high demand, due to the buildings design, unit floor plans and proximity to the Ocean. Not only mere steps from the sand but just a short stroll to “2nd street”, which houses most of Long Beaches best fashion stores, restaurants, bars and coffee shops. Perfect building for the sophisticated investor looking for a prime asset in an A+ location.

  • November, 2020

  • Nov 15, 2020

    Date

    Expired

    CRMLS: PW20165573

    $4,200,000

    Price

  • Oct 21, 2020

    Date

    Hold

    CRMLS: PW20165573

    $4,200,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: PW20165573

    $4,200,000

    Price

  • Listing provided courtesy of CRMLS

  • August, 2020

  • Aug 10, 2020

    Date

    Canceled

    CRMLS: PW20068468

    $4,200,000

    Price

  • Jun 4, 2020

    Date

    Active

    CRMLS: PW20068468

    $4,200,000

    Price

  • Jun 4, 2020

    Date

    Withdrawn

    CRMLS: PW20068468

    $4,200,000

    Price

  • Apr 7, 2020

    Date

    Active

    CRMLS: PW20068468

    $4,200,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2007

  • Apr 27, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2000

  • Jun 1, 2000

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

Show More

Tax History for 19 Granada Ave

Assessed Value (2020): $1,006,090
Year Land Value Improved Value Assessed Value
2020 $716,736 $289,354 $1,006,090

Home Value Compared to the Market

This property vs the competition

19 Granada Ave sold on January 3, 2022 for 450% 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 $612.64 per/sqft which puts the price per square foot 3.06% lower than the current median sale per square foot for the city of Long Beach.

About 19 Granada Ave

Detailed summary of property

19 Granada Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 6 bedrooms, 10 bathrooms, roughly 7,182 living square feet, and sits on an approximately 4,572 square foot lot. 19 Granada Ave was first listed on ArdentRealEstateGroup.com on October 1, 2021. The homeowner sold the property for $4,275,000. 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 450% higher than the current median priced home. Local homes that are currently for sale include 1201 W Diamond St, 210 Grant St and 210 Grant St. While the average home in Long Beach, CA is selling in 51 days, 19 Granada Ave has a days on market of 42 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 19 Granada Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 19 Granada Ave

Public county record property details
Beds
10
Baths
10
Year built
1931
Sq. Ft.
7,182
Lot Size
4,571
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
31,32
APN
7247-021-022

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,499,980
Median List Price/Sq.Ft.
$856
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
113
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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