Search
1921 E Washington St, Long Beach, CA 90805
Image 2 for 1921 E Washington St, Long Beach, CA 90805
Image 3 for 1921 E Washington St, Long Beach, CA 90805
View Photos

1921 E Washington St Long Beach, CA 90805

$1,300,000
  • 7 Beds
  • 6 Baths
  • 3,184 Sq.Ft.
For Sale
$1,300,000 Get Pre-Qualified
Map preview of 1921 E Washington St, Long Beach, CA 90805

Property Overview: 1921 E Washington St Long Beach, CA has 7 bedrooms, 6 bathrooms, 3,184 living square feet and 5,600 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located on a quiet side street off one of the major thoroughfares in North Long Beach providing a great location and ease of commute for tenants. The property is close to local bus stops, multiple parks, and shopping centers, as well as The Michelle Obama Library. The property sits within 2 miles of both the 91 and 710 freeways. The property is also only a short drive to both downtown Long Beach and the Beach. This fourplex consists of a front building made up of three 1 Bed 1 Bath units each with a garage, and a rear building which is a detached 4 Bed 2 Bath house The rear house sits at ~1728 sqft. While the front building units average ~485 sqft. The tenants pay their own utilities, keeping the utilities low. This building is currently fully occupied and has had less than 3% vacancy over the last 3 years. Two of the units have been partially renovated during the most recent tenant transitions. This property also has storage and laundry room opportunities for potential sellers to build out. Price $1,300,000 Price/Unit $325,000 Price/sqft $408 Current Cap Rate 5.35% Market Cap Rate 6.26% Current GRM 16.62 Market GRM 14.43

Listed by Perry Karn | BRE #01963224 | Southland Property Group
Last checked: 7 seconds ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
5,600
HOA Dues
$0/mo
Year built
1949
Garage
3 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24159134
City
Long Beach
County
Los Angeles
Time on Site
47 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,430
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $909
  • Total Rent: $1,199
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,354
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,040
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $94,800
  • Net Operating Income: $81,396
  • Gross Operating Income: $90,060
Annual Expense Breakdown
  • Total Operating Expense: $8,664
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 1921 E Washington St

No upcoming open houses

Schedule Tour

Property Details for 1921 E Washington St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7128032018
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Head South on Cherry Ave from route 91 and take a right on Washington street. It is the second property on the ride side.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 1921 E Washington St

Last sold on February 8th, 2021

  • August, 2024

  • Aug 2, 2024

    Date

    Active

    CRMLS: PW24159134

    $1,300,000

    Price

  • February, 2021

  • Feb 8, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1921 E Washington St

Assessed Value (2020): $94,601
Year Land Value Improved Value Assessed Value
2020 $28,666 $65,935 $94,601

Home Value Compared to the Market

This property vs the competition

1921 E Washington St is listed 66.67% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $408.29 per/sqft which puts the price per square foot 36.8% lower than the median price per square foot for the city of Long Beach.

About 1921 E Washington St

Detailed summary of property

1921 E Washington St is a fourplex located in Long Beach, CA 90805 and is currently for sale. This fourplex offers 7 bedrooms, 6 bathrooms, roughly 3,184 living square feet, and sits on an approximately 5,600 square foot lot. 1921 E Washington St was first listed on ArdentRealEstateGroup.com on August 2, 2024. The homeowner is currently asking $1,300,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 66.67% higher than the median priced home. Local competing homes currently for sale include 2223 Locust, 2175 Earl Ave and 2165 Earl Ave. While the average home in Long Beach, CA is selling in 62 days, 1921 E Washington St has a days on market of 29 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 1921 E Washington St 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 1921 E Washington St

Public county record property details
Beds
6
Baths
5
Year built
1949
Sq. Ft.
3,184
Lot Size
5,599
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
7128-032-018

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
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

Tour This Home

Image Description
Contact Jon
Long Beach Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1921 E Washington St

Nearby Homes for Sale

6140 Orange Ave, Long Beach, CA 90805
$1,190,000
7 Beds
4 Baths
3335 Sq.Ft.
6140 Orange Ave
Long Beach, CA 90805
6140 Orange Ave, Long Beach, CA 90805
$1,190,000
7 Beds
4 Baths
3335 Sq.Ft.
6140 Orange Ave
Long Beach, CA 90805
1136 E Ridgewood St, Long Beach, CA 90807
$1,399,000
7 Beds
4 Baths
2456 Sq.Ft.
1136 E Ridgewood St
Long Beach, CA 90807
5174 Linden Ave, Long Beach, CA 90805
$1,200,000
5 Beds
4 Baths
2400 Sq.Ft.
5174 Linden Ave
Long Beach, CA 90805
491 E 51st St, Long Beach, CA 90805
$1,090,000
5 Beds
3 Baths
2288 Sq.Ft.
491 E 51st St
Long Beach, CA 90805
246 E Hullett St, Long Beach, CA 90805
$1,299,000
5 Beds
4 Baths
3884 Sq.Ft.
246 E Hullett St
Long Beach, CA 90805
6554 Hammond Ave, Long Beach, CA 90805
$1,349,000
8 Beds
5 Baths
4016 Sq.Ft.
6554 Hammond Ave
Long Beach, CA 90805
5919 Woodruff Ave, Lakewood, CA 90713
$1,430,000
9 Beds
5 Baths
4231 Sq.Ft.
5919 Woodruff Ave
Lakewood, CA 90713

Recently Sold Homes Near 1921 E Washington St

5427 Rose, Long Beach, CA 90805
$775,000 Last Sold Price
3 Beds
2 Baths
2134 Sq.Ft.
5427 Rose
Long Beach, CA 90805
1825 E Plymouth St, Long Beach, CA 90805
$937,500 Last Sold Price
6 Beds
2 Baths
1920 Sq.Ft.
1825 E Plymouth St
Long Beach, CA 90805
1710 E 55th St, Long Beach, CA 90805
$865,000 Last Sold Price
4 Beds
2 Baths
1022 Sq.Ft.
1710 E 55th St
Long Beach, CA 90805
1911-1913 E 56th St, Long Beach, CA 90805
$530,000 Last Sold Price
4 Beds
2 Baths
1500 Sq.Ft.
1911-1913 E 56th St
Long Beach, CA 90805

Related Resources to 1921 E Washington St

New Listings in 90805
Popular Zip Codes
Popular Cities
Other Long Beach Resources

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.

Call