1926 Lime Ave, Long Beach, CA 90806
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1926 Lime Ave Long Beach, CA 90806

$855,000 Sold Price as of 08/13/2019
  • 6 Beds
  • 4 Baths
  • 2,217 Sq.Ft.
Sold
$855,000 Sold Price as of 08/13/2019 Refinance Your Mortgage

Map preview of 1926 Lime Ave, Long Beach, CA 90806

Property Overview: 1926 Lime Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 2,217 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic opportunity to own a large 4 plex in the heart of Long Beach where there is NO RENT CONTROL. This property consists of a Craftsman-style front house that is 3 bedroom 1 bath with its own inside laundry, and 2 other buildings in the back with a total of 3 1-bedroom units in the back, all occupied by long term tenants. There are a total of 3 buildings on the property, the front house, a small back house, and a larger structure that has 4 GARAGES downstairs and 2 units upstairs. Large lot with a patio backyard and driveway. The property is well maintained by a long term owner and will be a great asset in the new owner's portfolio.

Listed by Nancy Deprez | BRE #01899929 | Century 21 Masters
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1931
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19050219
City
Long Beach
County
Los Angeles
Time on Site
1411 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $975
  • Total Rent: $975
  • Pro Forma/Market Rent: $1,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,175
  • Total Rent: $1,175
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,125
  • Total Rent: $1,125
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,900
  • Net Operating Income: $49,820
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,080
  • Electric: $0
  • Gas/Fuel: $1,200
  • New Taxes: $10,000
  • Trash: $0
  • Gardener: $480
  • Insurance: $1,200
  • Water/Sewer: $1,200

Property Details for 1926 Lime Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7210010026
  • Year Built Source: Public Records
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: Near Pacific Coast Hwy & Atlantic Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
View more facts & features

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Sale History for 1926 Lime Ave

Last sold for $855,000 on August 13th, 2019
  • August, 2019

  • Aug 14, 2019

    Date

    Sold

    CRMLS: PW19050219

    $855,000

    Price

  • May 9, 2019

    Date

    Pending

    CRMLS: PW19050219

    $849,000

    Price

  • Apr 16, 2019

    Date

    Active Under Contract

    CRMLS: PW19050219

    $849,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: PW19050219

    $849,000

    Price

  • Mar 25, 2019

    Date

    Active Under Contract

    CRMLS: PW19050219

    $849,000

    Price

  • Mar 8, 2019

    Date

    Active

    CRMLS: PW19050219

    $849,000

    Price

  • August, 2019

  • Aug 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $855,000

    Price

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Tax History for 1926 Lime Ave

Assessed Value (2020): $855,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $455,000 $855,000

Home Value Compared to the Market

This property vs the competition

1926 Lime Ave sold on August 13, 2019 for 6.12% 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 $382.95 per/sqft which puts the price per square foot 39.41% lower than the current median sale per square foot for the city of Long Beach.

About 1926 Lime Ave

Detailed summary of property

1926 Lime Ave is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,217 living square feet, and sits on an approximately 6,501 square foot lot. 1926 Lime Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $855,000. 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 6.12% higher than the current median priced home. Local homes that are currently for sale include 807 Daisy Ave, 1022 Raymond Ave and 430 Rose Ave. While the average home in Long Beach, CA is selling in 53 days, 1926 Lime Ave has a days on market of 13 days. There are currently 654 homes for sale in the Long Beach real estate market and 368 of them are single family homes while 269 of them are condos and 17 are townhomes. For more information on this home for sale at 1926 Lime 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 1926 Lime Ave

Public county record property details
Beds
4
Baths
3
Year built
1931
Sq. Ft.
2,217
Lot Size
6,500
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7210-010-026

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
$799,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
16
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.