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2029 Lemon Ave, Long Beach, CA 90806
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2029 Lemon Ave Long Beach, CA 90806

$700,000 Sold Price as of 08/04/2020
  • 3 Beds
  • 3 Baths
  • 1,155 Sq.Ft.
Sold
$700,000 Sold Price as of 08/04/2020 Refinance Your Mortgage
Map preview of 2029 Lemon Ave, Long Beach, CA 90806

Property Overview: 2029 Lemon Ave Long Beach, CA has 3 bedrooms, 3 bathrooms, 1,155 living square feet and 6,512 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DO NOT MISS THIS EXCLUSIVE PROPERTY! Fully remodeled 3 units on oversized 6512 SF lot with 2 parking spaces of alley. Beautiful Craftsman bungalows triplex. Each unit 1 bed/1 bath, individually metered for gas and electricity and each unit with brand new tankless water heater. Tremendous upside on your investment, a great asset for your portfolio. Remarkable opportunity to move into 1 of the nicely remodeled units, while collecting rent from the other two units and build your Dream 2 bedrooms/2 baths with 2 car garage Home (ADU) in front of the lot, with Complete Set of Plans, SUBMITTED to the city. Take advantage of this unique property with new Roof on all three units, new electrical with new panels, new copper plumbing, new flooring, remodeled bathrooms and kitchens with new cabinets, counter tops, light fixtures, etc. Freshly custom painted throughout. Enjoy quiet, nice street, conveniently located couple of blocks from city college campus, minutes from the Beach, restaurants and shops on Pine Ave and Shoreline Village. Full set of plans can be seen.

Listed by Elena Zhurbenko | BRE #01996696 | Berkshire Hathaway H.S.C.P.
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
6,512
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20084213
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,600
  • Net Operating Income: $40,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,125
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 2029 Lemon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • 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: 3
  • Parcel Number: 7210022021
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Combination, Raised, Slab
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: North of PCH and east of Atlantic Blvd.
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 2029 Lemon Ave

Last sold for $700,000 on August 4th, 2020

  • August, 2020

  • Aug 4, 2020

    Date

    Sold

    CRMLS: PW20084213

    $700,000

    Price

  • Jun 29, 2020

    Date

    Active Under Contract

    CRMLS: PW20084213

    $649,000

    Price

  • Jun 24, 2020

    Date

    Active

    CRMLS: PW20084213

    $649,000

    Price

  • Jun 2, 2020

    Date

    Active Under Contract

    CRMLS: PW20084213

    $649,000

    Price

  • May 5, 2020

    Date

    Active

    CRMLS: PW20084213

    $649,000

    Price

  • August, 2020

  • Aug 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • February, 2020

  • Feb 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $420,000

    Price

Show More

Tax History for 2029 Lemon Ave

Assessed Value (2020): $170,927
Year Land Value Improved Value Assessed Value
2020 $124,317 $46,610 $170,927

Home Value Compared to the Market

This property vs the competition

2029 Lemon Ave sold on August 4, 2020 for 20.76% lower than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $561.9 per/sqft which puts the price per square foot 10.52% lower than the current median sale per square foot for the city of Long Beach.

About 2029 Lemon Ave

Detailed summary of property

2029 Lemon Ave is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,155 living square feet, and sits on an approximately 6,512 square foot lot. 2029 Lemon Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $700,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 20.76% lower than the current median priced home. Local homes that are currently for sale include 10501 Weigand Ave, 1826 E 107th St and 2015 E 105th St. While the average home in Long Beach, CA is selling in 62 days, 2029 Lemon Ave has a days on market of 55 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 2029 Lemon 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 2029 Lemon Ave

Public county record property details
Beds
3
Baths
3
Year built
1922
Sq. Ft.
1,155
Lot Size
6,512
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7210-022-021

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
$749,900
Median List Price/Sq.Ft.
$531
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
20
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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