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21 W Arbor St, Long Beach, CA 90805
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21 W Arbor St Long Beach, CA 90805

$1,250,000
  • 8 Beds
  • 4 Baths
  • 3,712 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified
Map preview of 21 W Arbor St, Long Beach, CA 90805

Property Overview: 21 W Arbor St Long Beach, CA has 8 bedrooms, 4 bathrooms, 3,712 living square feet and 5,372 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: Welcome to 21 W Arbor, a updated 4-unit property, featuring spacious 2-bedroom, 1-bath units, each offering 928 square feet of living space. This beautifully maintained building offers two units on the ground level and two units upstairs, each fully remodeled with modern, cohesive finishes throughout. The updates include brand-new windows, fresh exterior and interior paint, and matching kitchen cabinetry, countertops, flooring, light fixtures, and door hardware in every unit, creating a sleek and unified aesthetic. The property features a long driveway leading to ample parking in the rear and convenient on-site community laundry. Tucked away in a quiet area, this property offers a peaceful setting while remaining accessible to local amenities. With one unit delivered vacant at the close of escrow, this is an ideal opportunity for both investors and potential owner-occupants alike.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Last checked: 6 minutes ago | Last updated: September 23rd, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,372
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24197551
City
Long Beach
County
Los Angeles
Time on Site
4 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,554
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,554
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,554
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,554
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.17%
  • Gross Rent Multiplier: 13.53
  • Gross Scheduled Income: $92,400
  • Net Operating Income: $72,382
  • Gross Operating Income: $92,400
  • Laundry Income: $150
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $20,018
  • Licenses: $543
  • New Taxes: $15,625
  • Trash: $1,000
  • Insurance: $1,350
  • Water/Sewer: $1,500

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Property Details for 21 W Arbor St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Gas Cooktop, Refrigerator
Interior Features
  • 2 Staircases, Balcony
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7133032046
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Long Beach Blvd to Arbor Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Long Beach Agent

Sale History for 21 W Arbor St

Last sold on April 3rd, 2009

  • September, 2024

  • Sep 23, 2024

    Date

    Active

    CRMLS: PW24197551

    $1,250,000

    Price

  • April, 2009

  • Apr 3, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 21 W Arbor St

Assessed Value (2020): $109,118
Year Land Value Improved Value Assessed Value
2020 $19,025 $90,093 $109,118

Home Value Compared to the Market

This property vs the competition

21 W Arbor St is listed 62.55% higher than the median list price for the city of Long Beach which has a median list price of $769,000. The median price per/sqft for Long Beach is $648 and this home is listed at $336.75 per/sqft which puts the price per square foot 48.03% lower than the median price per square foot for the city of Long Beach.

About 21 W Arbor St

Detailed summary of property

21 W Arbor St is a fourplex located in Long Beach, CA 90805 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 3,712 living square feet, and sits on an approximately 5,372 square foot lot. 21 W Arbor St was first listed on ArdentRealEstateGroup.com on September 23, 2024. The homeowner is currently asking $1,250,000. The median priced home in Long Beach is $769,000 with a median price per square foot of $648. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 62.55% higher than the median priced home. Local competing homes currently for sale include 2175 Earl Ave, 6554 Hammond Ave and 1961 Pine Ave. While the average home in Long Beach, CA is selling in 65 days, 21 W Arbor St has a days on market of 4 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. For more information on this home for sale at 21 W Arbor 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 21 W Arbor St

Public county record property details
Beds
8
Baths
4
Year built
1963
Sq. Ft.
3,712
Lot Size
5,372
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
61,62
APN
7133-032-046

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
$685,000
Median List Price/Sq.Ft.
$534
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
94
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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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