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1980 Harbor Ave, Long Beach, CA 90810
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1980 Harbor Ave Long Beach, CA 90810

$2,700,000
  • 25 Beds
  • 10 Baths
  • 8,264 Sq.Ft.
For Sale
$2,700,000 Get Pre-Qualified
Map preview of 1980 Harbor Ave, Long Beach, CA 90810

Property Overview: 1980 Harbor Ave Long Beach, CA has 25 bedrooms, 10 bathrooms, 8,264 living square feet and 9,334 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: 1980 Harbor Ave is a 10-unit apartment located in Long Beach, operating at a 6.33% Cap and a 10.3 GRM! Built in 1964, the Harbor Ave. apartment is a garden style building surrounding a courtyard. Situated on a 9,350 Sq.Ft lot, the property offers an incredible unit mix of (5) Three-Bedroom/One-Bathroom units and (5) Two-Bedroom/One-Bathroom units. There are a total of (14) parking spaces, with (7) single car Garages on-site and additional room to park another car behind each space. Tenants feature on-site laundry. This building has been well maintained by ownership, and offers immediate rental upside to the new buyer.

Listed by Parker Boehle | BRE #02054215 | NorthMarq Realty Services, Inc
Co-listed by Brent Sprenkle | BRE #01290116 | NorthMarq Realty Services, Inc
Last checked: 8 minutes ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
9,334
HOA Dues
$0/mo
Year built
1964
Garage
7 Car
Property Type:
Apartment
Status
Active
MLS#
OC24131764
City
Long Beach
County
Los Angeles
Time on Site
83 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # 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: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,831
  • Total Rent: $1,831
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,901
  • Total Rent: $1,901
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,867
  • Total Rent: $1,867
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.33%
  • Gross Rent Multiplier: 10.31
  • Gross Scheduled Income: $261,985
  • Net Operating Income: $170,830
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $83,323
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 1980 Harbor Ave

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Property Details for 1980 Harbor Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 10
  • Parcel Number: 7431022016
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off Harbor and 20th
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1980 Harbor Ave

Last sold on September 25th, 2020

  • June, 2024

  • Jun 27, 2024

    Date

    Active

    CRMLS: OC24131764

    $2,700,000

    Price

  • September, 2020

  • Sep 25, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,950,000

    Price

Show More

Tax History for 1980 Harbor Ave

Assessed Value (2020): $1,657,663
Year Land Value Improved Value Assessed Value
2020 $764,729 $892,934 $1,657,663

Home Value Compared to the Market

This property vs the competition

1980 Harbor Ave is listed 246.15% 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 $326.72 per/sqft which puts the price per square foot 49.42% lower than the median price per square foot for the city of Long Beach.

About 1980 Harbor Ave

Detailed summary of property

1980 Harbor Ave is a apartment located in Long Beach, CA 90810 and is currently for sale. This apartment offers 25 bedrooms, 10 bathrooms, roughly 8,264 living square feet, and sits on an approximately 9,334 square foot lot. 1980 Harbor Ave was first listed on ArdentRealEstateGroup.com on June 27, 2024. The homeowner is currently asking $2,700,000. 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 246.15% higher than the median priced home. Local competing homes currently for sale include 1517 E 1st St, 1512 N Stanton Pl and 3402 Gaviota Ave. While the average home in Long Beach, CA is selling in 62 days, 1980 Harbor Ave has a days on market of 83 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 1980 Harbor Ave Long Beach, CA 90810 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1980 Harbor Ave

Public county record property details
Beds
--
Baths
10
Year built
1964
Sq. Ft.
8,264
Lot Size
9,331
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-5
APN
7431-022-016

The source for these homes facts are from public records.

90810 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$735,000
Median List Price/Sq.Ft.
$514
Median Sold Price
$725,000
Median Sold Price/Sq.Ft.
$548
Total Inventory
30
Median Sale to List Price %
98.17%
Avg Days on Market
43
Loan Type
Conventional (45.45%), FHA (36.36%), VA (9.09%), Cash (9.09%), Other (0%)

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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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