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190 E Artesia Blvd, Long Beach, CA 90805
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190 E Artesia Blvd Long Beach, CA 90805

$1,275,000 Sold Price as of 04/12/2021
  • 6 Beds
  • 6 Baths
  • 2,952 Sq.Ft.
Sold
$1,275,000 Sold Price as of 04/12/2021 Refinance Your Mortgage
Map preview of 190 E Artesia Blvd, Long Beach, CA 90805

Property Overview: 190 E Artesia Blvd Long Beach, CA has 6 bedrooms, 6 bathrooms, 2,952 living square feet and 3,892 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 190 E Artesia Blvd, a six unit apartment building in the City of Long Beach. Built in 1956, the property is situated on a 3,891 square foot lot zoned LBR3T near the intersection of Long Beach Blvd and E Artesia Blvd. The property consists of all one bedroom, one bathroom units. Each unit is individually metered for gas and electricity. Since December of last year, the owner has spent $140,000 turning this property into a turn key asset. All six unit interiors have been extensively upgraded with new flooring, kitchen cabinets and counter tops, tub surrounds, etc. Exterior upgrades include but are not limited to a new asphalt parking lot, new paint, and upgraded plumbing. Situated in North Long Beach, this property is near the vicinity of the newly constructed Michell Obama library. In addition, the revitalization of this pocket of Long Beach is illustrated by two large retail projects. 6151 and 6600 Atlantic Avenue exemplify this this up and coming neighborhood

Listed by Michael Jacobs | BRE #01979550 | Kidder Mathews of California, Inc.
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
3,892
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20638420
City
Long Beach
County
Los Angeles
Time on Site
1177 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,448
  • Total Rent: $8,690
  • Pro Forma/Market Rent: $9,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.23
  • Gross Scheduled Income: --
  • Net Operating Income: $73,049
  • Gross Operating Income: $101,152
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 190 E Artesia Blvd

Interior Features
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 6
  • Parcel Number: 7304032021
Location / Neighborhood
Location Information
  • Directions: Near the intersection the 710 and 91 freeways. Exit Artesia.
View more facts & features

Local Long Beach Agent

Sale History for 190 E Artesia Blvd

Last sold for $1,275,000 on April 12th, 2021

  • April, 2021

  • Apr 14, 2021

    Date

    Sold

    CRMLS: 20638420

    $1,275,000

    Price

  • Mar 7, 2021

    Date

    Pending

    CRMLS: 20638420

    $1,275,000

    Price

  • Feb 27, 2021

    Date

    Active

    CRMLS: 20638420

    $1,275,000

    Price

  • Nov 16, 2020

    Date

    Withdrawn

    CRMLS: 20638420

    $1,275,000

    Price

  • Oct 30, 2020

    Date

    Active

    CRMLS: 20638420

    $1,275,000

    Price

  • Oct 28, 2020

    Date

    Pending

    CRMLS: 20638420

    $1,275,000

    Price

  • Sep 26, 2020

    Date

    Active

    CRMLS: 20638420

    $1,275,000

    Price

  • December, 2019

  • Dec 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $943,000

    Price

  • March, 2019

  • Mar 4, 2019

    Date

    Expired

    CRMLS: AR18282961

    $998,000

    Price

  • Dec 10, 2018

    Date

    Active

    CRMLS: AR18282961

    $998,000

    Price

  • Dec 6, 2018

    Date

    Pending

    CRMLS: AR18282961

    $998,000

    Price

  • Dec 3, 2018

    Date

    Active

    CRMLS: AR18282961

    $998,000

    Price

  • Listing provided courtesy of CRMLS

    Looking for trouble free units in a low maintenance building with market rents? Look no further. Come take a look at this 6 unit building with all 1 bedroom 1 bath units. The rent is very considerable. all the units have been upgraded in recent years. The building has been well maintained and recent upgrades include: New roof - 2013, Newer Windows - 2012, and all units in good condition. Great location on bus lines and easy on 91 and 710 Freeways. Drive by only. Thank you for being courteous to the tenants and do not walk the property.

  • December, 2016

  • Dec 22, 2016

    Date

    Sold (Public Records)

    Public Records

    $786,000

    Price

Show More

Tax History for 190 E Artesia Blvd

Assessed Value (2020): $943,780
Year Land Value Improved Value Assessed Value
2020 $300,000 $643,780 $943,780

Home Value Compared to the Market

This property vs the competition

190 E Artesia Blvd sold on April 12, 2021 for 59.38% 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 $431.91 per/sqft which puts the price per square foot 31.66% lower than the current median sale per square foot for the city of Long Beach.

About 190 E Artesia Blvd

Detailed summary of property

190 E Artesia Blvd is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 2,952 living square feet, and sits on an approximately 3,892 square foot lot. 190 E Artesia Blvd was first listed on ArdentRealEstateGroup.com on February 27, 2021. The homeowner sold the property for $1,275,000. 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 59.38% higher than the current median priced home. Local homes that are currently for sale include 12550-12552 Brookshire Ave, 1624 E 109th St and 2175 Earl Ave. While the average home in Long Beach, CA is selling in 51 days, 190 E Artesia Blvd has a days on market of 57 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 190 E Artesia Blvd Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 190 E Artesia Blvd

Public county record property details
Beds
6
Baths
6
Year built
1956
Sq. Ft.
2,952
Lot Size
3,891
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7304-032-021

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$567
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
63
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

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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