206 E 68Th St, Long Beach, CA 90805
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206 E 68Th St Long Beach, CA 90805

$1,225,000 Sold Price as of 05/13/2021
  • 8 Beds
  • 6 Baths
  • 3,372 Sq.Ft.
Sold
$1,225,000 Sold Price as of 05/13/2021 Refinance Your Mortgage

Map preview of 206 E 68Th St, Long Beach, CA 90805

Property Overview: 206 E 68Th St Long Beach, CA has 8 bedrooms, 6 bathrooms, 3,372 living square feet and 11,540 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Opportunity to own a 4-Plex in North Long Beach! Excellent Cash Flow. All 4 units are 100% Occupied. Great for Buy and Hold investor. Property sits on a 11,540 SF lot. Close access to 91 and 710 freeways. Unit mix consist of: Unit One: 3 Bed, 2 Bath; Unit Two: 2 Bed, 1 bath; Unit Three: 1 Bed, 1 Bath; Unit Four: 2 Bed, 1 Bath. Don't miss this opportunity to own a great investment property!!!

Listed by Robin Mitchell | BRE #02004841 | Realty Executives Westside
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
11,540
HOA Dues
$0/mo
Year built
1944
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21686812
City
Long Beach
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,058
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,058
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,519
  • Total Rent: $1,519
  • Pro Forma/Market Rent: $1,605
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,369
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,369
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.43
  • Gross Scheduled Income: --
  • Net Operating Income: $79,700
  • Gross Operating Income: $118,080
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 206 E 68Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 7303018002
Location / Neighborhood
Location Information
  • Directions: Long Beach Blvd. and E. 68th Street. Cross streets are Long Beach Blvd. and Artesia Blvd.
View more facts & features

Local Long Beach Agent

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Sale History for 206 E 68Th St

Last sold for $1,225,000 on May 13th, 2021
  • May, 2021

  • May 17, 2021

    Date

    Sold

    CRMLS: 21686812

    $1,225,000

    Price

  • Apr 6, 2021

    Date

    Active Under Contract

    CRMLS: 21686812

    $1,350,000

    Price

  • Mar 17, 2021

    Date

    Active

    CRMLS: 21686812

    $1,350,000

    Price

  • Feb 19, 2021

    Date

    Active Under Contract

    CRMLS: 21686812

    $1,350,000

    Price

  • Feb 5, 2021

    Date

    Active

    CRMLS: 21686812

    $1,350,000

    Price

  • June, 2020

  • Jun 1, 2020

    Date

    Expired

    CRMLS: 19531100

    $1,390,000

    Price

  • Jan 13, 2020

    Date

    Price Change

    CRMLS: 19531100

    $1,390,000

    Price

  • Nov 22, 2019

    Date

    Active

    CRMLS: 19531100

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    4 Plex in North Long Beach with great Cash Flow. 100% Occupied. Great for Buy and Hold investor. Unit mix: Unit 1: 3 Bed, 2 Bath; Unit 2: 2 Bed, 1 bath; Unit 3: 1 Bed, 1 Bath; Unit 4: 2 Bed, 1 Bath.

  • January, 2007

  • Jan 19, 2007

    Date

    Sold (Public Records)

    Public Records

    $885,000

    Price

Show More

Tax History for 206 E 68Th St

Assessed Value (2020): $1,084,915
Year Land Value Improved Value Assessed Value
2020 $655,407 $429,508 $1,084,915

Home Value Compared to the Market

This property vs the competition

206 E 68Th St sold on May 13, 2021 for 68.75% 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 $400.36 per/sqft which puts the price per square foot 36.65% lower than the current median sale per square foot for the city of Long Beach.

About 206 E 68Th St

Detailed summary of property

206 E 68Th St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 3,372 living square feet, and sits on an approximately 11,540 square foot lot. 206 E 68Th St was first listed on ArdentRealEstateGroup.com on February 5, 2021. The homeowner sold the property for $1,225,000. 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 68.75% higher than the current median priced home. Local homes that are currently for sale include 2175 Earl Ave, 906 E 109th St and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 51 days, 206 E 68Th St has a days on market of 60 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 206 E 68Th 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 206 E 68Th St

Public county record property details
Beds
8
Baths
6
Year built
1944
Sq. Ft.
3,372
Lot Size
11,539
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4-7
APN
7303-018-002

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%)

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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.