Search
2161 Pasadena Ave, Long Beach, CA 90806
Image 2 for 2161 Pasadena Ave, Long Beach, CA 90806
Image 3 for 2161 Pasadena Ave, Long Beach, CA 90806
View Photos

2161 Pasadena Ave Long Beach, CA 90806

$1,535,000 Sold Price as of 09/18/2024
  • 12 Beds
  • 4 Baths
  • 4,104 Sq.Ft.
Sold
$1,535,000 Sold Price as of 09/18/2024 Refinance Your Mortgage
Map preview of 2161 Pasadena Ave, Long Beach, CA 90806

Property Overview: 2161 Pasadena Ave Long Beach, CA has 12 bedrooms, 4 bathrooms, 4,104 living square feet and 7,303 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2161 Pasadena Avenue is an attractive and well-maintained investment property. Reasons to Consider: -All spacious 3BR/1BA Units with Renovated Interiors. -Washer/Dryer Hookups -6.3% Cap Rate on Current Rents -Attractive Garden Area & Enclosed Parking -Located in a high-demand rental area.

Listed by Peter Gillin | BRE #01433769 | Morgan Skenderian
Last checked: 7 minutes ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,303
HOA Dues
$0/mo
Year built
1977
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW24150039
City
Long Beach
County
Los Angeles
Time on Site
58 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,795
  • Total Rent: $2,795
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,765
  • Total Rent: $2,765
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,795
  • Total Rent: $2,795
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.3%
  • Gross Rent Multiplier: 10.61
  • Gross Scheduled Income: $127,260
  • Net Operating Income: $84,754
  • Gross Operating Income: $123,442
  • Vacancy Allowance: $3,818
  • Gross Spendable Income: $16,141
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $38,688
  • Electric: $1,250
  • Gas/Fuel: $1,430
  • New Taxes: $16,080
  • Trash: $700
  • Gardener: $1,200
  • Insurance: $3,500
  • Maintenance: $11,453
  • Professional Management: $1,500
  • Water/Sewer: $700
  • Other Expenses: $875
  • Other Expense Description: Assemnts

Property Details for 2161 Pasadena Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Controlled Entrance, Concrete, Private
Lot Information
  • Lot Features: 21-25 Units/Acre, Garden, Landscaped, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7208028009
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: Take Atlantic Avenue South. Go Left on E. Hill Street. Go Right on Pasadena Ave. Subject Property will be on your right.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 2161 Pasadena Ave

Last sold for $1,535,000 on September 18th, 2024

  • September, 2024

  • Sep 18, 2024

    Date

    Sold

    CRMLS: PW24150039

    $1,535,000

    Price

  • Jul 22, 2024

    Date

    Active

    CRMLS: PW24150039

    $1,350,000

    Price

  • March, 2020

  • Mar 18, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2161 Pasadena Ave

Assessed Value (2020): $431,106
Year Land Value Improved Value Assessed Value
2020 $159,176 $271,930 $431,106

Home Value Compared to the Market

This property vs the competition

2161 Pasadena Ave sold on September 18, 2024 for 64.84% higher 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 $328.95 per/sqft which puts the price per square foot 47.62% lower than the current median sale per square foot for the city of Long Beach.

About 2161 Pasadena Ave

Detailed summary of property

2161 Pasadena Ave is a fourplex that recently sold in Long Beach, CA 90806. This fourplex offered 12 bedrooms, 4 bathrooms, roughly 4,104 living square feet, and sits on an approximately 7,303 square foot lot. 2161 Pasadena Ave was first listed on ArdentRealEstateGroup.com on July 22, 2024. The homeowner sold the property for $1,535,000. 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 64.84% higher than the current median priced home. Local homes that are currently for sale include 801 Atlantic Ave, 529 W 10th St. and 1052 E 5th St. While the average home in Long Beach, CA is selling in 62 days, 2161 Pasadena Ave has a days on market of 18 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 2161 Pasadena 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 2161 Pasadena Ave

Public county record property details
Beds
12
Baths
4
Year built
1977
Sq. Ft.
4,104
Lot Size
7,303
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13,15
APN
7208-028-009

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?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2161 Pasadena Ave

Nearby Homes for Sale

522 E Rhea St, Long Beach, CA 90806
$1,799,000
15 Beds
7 Baths
4212 Sq.Ft.
522 E Rhea St
Long Beach, CA 90806
2165 Earl Ave, Long Beach, CA 90806
$1,375,000
9 Beds
4 Baths
3769 Sq.Ft.
2165 Earl Ave
Long Beach, CA 90806
2011 Cedar Ave, Long Beach, CA 90806
$1,675,000
12 Beds
6 Baths
5261 Sq.Ft.
2011 Cedar Ave
Long Beach, CA 90806
2264 Magnolia Ave, Long Beach, CA 90806
$1,650,000
7 Beds
7 Baths
4437 Sq.Ft.
2264 Magnolia Ave
Long Beach, CA 90806
1600 Magnolia Ave, Long Beach, CA 90813
$1,450,000
8 Beds
5 Baths
3366 Sq.Ft.
1600 Magnolia Ave
Long Beach, CA 90813
Open Sun 11am-12pm
1816 Oregon Ave, Long Beach, CA 90806
$1,229,990
7 Beds
4 Baths
3193 Sq.Ft.
1816 Oregon Ave
Long Beach, CA 90806
Open Sun 11am-12pm
1816 Oregon Ave, Long Beach, CA 90806
$1,229,990
7 Beds
4 Baths
3193 Sq.Ft.
1816 Oregon Ave
Long Beach, CA 90806
1409 Magnolia Ave, Long Beach, CA 90813
$1,650,000
14 Beds
6 Baths
3992 Sq.Ft.
1409 Magnolia Ave
Long Beach, CA 90813
219 E 10th St, Long Beach, CA 90813
$1,679,000
6 Beds
5 Baths
4836 Sq.Ft.
219 E 10th St
Long Beach, CA 90813
1021 Pacific Ave, Long Beach, CA 90813
$1,350,888
10 Beds
6 Baths
4680 Sq.Ft.
1021 Pacific Ave
Long Beach, CA 90813
1163 Magnolia Ave, Long Beach, CA 90813
$1,249,000
7 Beds
5 Baths
4083 Sq.Ft.
1163 Magnolia Ave
Long Beach, CA 90813
1000 E 10th St, Long Beach, CA 90813
$1,599,000
14 Beds
7 Baths
5340 Sq.Ft.
1000 E 10th St
Long Beach, CA 90813

Recently Sold Homes Near 2161 Pasadena Ave

2195 Pasadena Ave., Long Beach, CA 90806
$2,395,000 Last Sold Price
14 Beds
10 Baths
7055 Sq.Ft.
2195 Pasadena Ave.
Long Beach, CA 90806
414 E Hill St, Long Beach, CA 90806
$652,000 Last Sold Price
4 Beds
3 Baths
1122 Sq.Ft.
414 E Hill St
Long Beach, CA 90806
2124 Elm Ave, Long Beach, CA 90806
$840,000 Last Sold Price
6 Beds
3 Baths
2352 Sq.Ft.
2124 Elm Ave
Long Beach, CA 90806
2108 Linden Ave, Long Beach, CA 90806
$785,000 Last Sold Price
4 Beds
3 Baths
1496 Sq.Ft.
2108 Linden Ave
Long Beach, CA 90806

Related Resources to 2161 Pasadena Ave

New Listings in 90806
Popular Zip Codes
Popular Cities
Other Long Beach Resources

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.

Refi Quote