208 Granada Ave, Long Beach, CA 90803
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208 Granada Ave Long Beach, CA 90803

$3,300,000
  • 8 Beds
  • 8 Baths
  • 4,892 Sq.Ft.
For Sale
$3,300,000 Get Pre-Qualified

Map preview of 208 Granada Ave, Long Beach, CA 90803

Property Overview: 208 Granada Ave Long Beach, CA has 8 bedrooms, 8 bathrooms, 4,892 living square feet and 5,237 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: Excellent Location - located in the most desirable rental location in Long Beach, walking distance from renowned 2nd St. Rare opportunity to invest in a turn key legacy property are in Belmont Shore. This is a true pride of ownership property with modern kitchens and bathrooms. Plumbing and electrical systems have both been upgraded.

Listed by John Levis | BRE #01886278 | Wydown Partners Inc.
Last checked: 14 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 11
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,237
HOA Dues
$0/mo
Year built
1948
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24383333
City
Long Beach
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,845
  • Total Rent: $1,845
  • Pro Forma/Market Rent: $1,845
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,842
  • Total Rent: $2,842
  • Pro Forma/Market Rent: $2,842
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,020
  • Total Rent: $2,020
  • Pro Forma/Market Rent: $2,020
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.19
  • Gross Scheduled Income: --
  • Net Operating Income: $138,382
  • Gross Operating Income: $211,397
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 208 Granada Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Convection Oven, Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Landscaped
Property Information
  • Total # of Units: 8
  • Parcel Number: 7249030008
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Granada Ave & 2nd Street
View more facts & features

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Sale History for 208 Granada Ave

Last sold for $1,525,015 on March 18th, 2014
  • April, 2024

  • Apr 23, 2024

    Date

    Active

    CRMLS: 24383333

    $3,300,000

    Price

  • March, 2014

  • Mar 18, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,525,015

    Price

  • September, 2013

  • Sep 13, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 208 Granada Ave

Assessed Value (2020): $1,710,381
Year Land Value Improved Value Assessed Value
2020 $1,120,893 $589,488 $1,710,381

Home Value Compared to the Market

This property vs the competition

208 Granada Ave is listed 312.55% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $674.57 per/sqft which puts the price per square foot 4.75% higher than the median price per square foot for the city of Long Beach.

About 208 Granada Ave

Detailed summary of property

208 Granada Ave is a multi family located in Long Beach, CA 90803 and is currently for sale. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 4,892 living square feet, and sits on an approximately 5,237 square foot lot. 208 Granada Ave was first listed on ArdentRealEstateGroup.com on April 23, 2024. The homeowner is currently asking $3,300,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 312.55% higher than the median priced home. Local competing homes currently for sale include 1236 E 1st St, 1229 E 4th St and 1045 E 4th St. While the average home in Long Beach, CA is selling in 54 days, 208 Granada Ave has a days on market of 11 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 208 Granada Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 208 Granada Ave

Public county record property details
Beds
8
Baths
8
Year built
1948
Sq. Ft.
4,892
Lot Size
5,235
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
29,30
APN
7249-030-008

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,400,000
Median List Price/Sq.Ft.
$838
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
100
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

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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.