217 E 20Th St, Long Beach, CA 90806
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217 E 20Th St Long Beach, CA 90806

$773,000 Sold Price as of 07/05/2022
  • 3 Beds
  • 3 Baths
  • 2,340 Sq.Ft.
Sold
$773,000 Sold Price as of 07/05/2022 Refinance Your Mortgage

Map preview of 217 E 20Th St, Long Beach, CA 90806

Property Overview: 217 E 20Th St Long Beach, CA has 3 bedrooms, 3 bathrooms, 2,340 living square feet and 4,944 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This, South Wrigley location is near shopping, public transportation, and services. Only a few doors away from Long Beach Boulevard, which is a major street in the area. Has undergone significant renovations, with the redevelopment of new retail centers, office buildings, and housing, along this thoroughfare. This new redevelopment has sparked a renewed interest in the immediate area, whereby increasing commerce and property values. This property provides an investor the chance to own a well-located tri-plex with rent upside and added value. The property consists of all one-bedroom/one units measuring over 780 sq. ft. All three units are separately metered for gas & electricity. Each unit has its own hot water heater. The property owner pays for water/trash and there is a house meter for electricity which feeds exterior lighting. Parking is provided by three, private garages and three open spaces, for a total of six off-street parking spaces. In summary, the property is well located and offers large units which are separately metered for utilities and great off-street parking. Added value opportunity through minor property upgrades and significant rental upside.

Listed by Henry Camacho | BRE #01072434 | Henry Steven Camacho
Last checked: 14 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
4,944
HOA Dues
$0/mo
Year built
1939
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22092591
City
Long Beach
County
Los Angeles
Time on Site
746 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # 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: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $895
  • Total Rent: $10,740
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $920
  • Total Rent: $11,040
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $895
  • Total Rent: $10,740
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $32,040
  • Net Operating Income: $14,354
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,686
  • Electric: $240
  • Gas/Fuel: $0
  • New Taxes: $9,375
  • Trash: $1,500
  • Insurance: $1,170
  • Maintenance: $1,950
  • Professional Management: $1,950
  • Water/Sewer: $1,500

Property Details for 217 E 20Th St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7209013033
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: Exit 710 South on Willow heading East. Go South on Long Beach Blvd. then right on 20th St.
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 217 E 20Th St

Last sold for $773,000 on July 5th, 2022
  • July, 2022

  • Jul 5, 2022

    Date

    Sold

    CRMLS: DW22092591

    $773,000

    Price

  • May 4, 2022

    Date

    Active

    CRMLS: DW22092591

    $750,000

    Price

  • October, 2002

  • Oct 24, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2001

  • Jun 19, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 217 E 20Th St

Assessed Value (2020): $335,036
Year Land Value Improved Value Assessed Value
2020 $172,153 $162,883 $335,036

Home Value Compared to the Market

This property vs the competition

217 E 20Th St sold on July 5, 2022 for 6.25% lower 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 $320.51 per/sqft which puts the price per square foot 49.29% lower than the current median sale per square foot for the city of Long Beach.

About 217 E 20Th St

Detailed summary of property

217 E 20Th St is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 2,340 living square feet, and sits on an approximately 4,944 square foot lot. 217 E 20Th St was first listed on ArdentRealEstateGroup.com on May 4, 2022. The homeowner sold the property for $773,000. 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 6.25% lower than the current median priced home. Local homes that are currently for sale include 8128 Puritan St, 2310 E 117th St and 2111 E 118th St. While the average home in Long Beach, CA is selling in 51 days, 217 E 20Th St has a days on market of 27 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 217 E 20Th St 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 217 E 20Th St

Public county record property details
Beds
3
Baths
3
Year built
1939
Sq. Ft.
2,340
Lot Size
4,944
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
7209-013-033

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
$795,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
14
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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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.