225 Granada Ave, Long Beach, CA 90803
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225 Granada Ave Long Beach, CA 90803

$1,300,000 Sold Price as of 03/17/2021
  • 5 Beds
  • 2 Baths
  • 2,389 Sq.Ft.
Sold
$1,300,000 Sold Price as of 03/17/2021 Refinance Your Mortgage

Map preview of 225 Granada Ave, Long Beach, CA 90803

Property Overview: 225 Granada Ave Long Beach, CA has 5 bedrooms, 2 bathrooms, 2,389 living square feet and 2,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in 82 years! Large Duplex, just a 1/2 block North of 2nd St. Upstairs is a 3 Bedroom 1 Bath; and Downstairs a 2 Bedroom 1 Bath. There is a Double Car Garage access from the alley in rear. High ceilings, Formal Dining room, Hardwood floors, mock fireplace, Inside Laundry. Kitchens and Baths have original Spanish tile detail. Private patio for your BBQ's in backyard. Enjoy the Shore Lifestyle and walk to 2nd St., beach or bay.

Listed by Mark Kachigan | BRE #00644779 | Pabst, Kinney & Associates
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
2,632
HOA Dues
$0/mo
Year built
1931
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW21023249
City
Long Beach
County
Los Angeles
Time on Site
1197 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 23.1
  • Gross Scheduled Income: $56,340
  • Net Operating Income: $38,655
  • Gross Operating Income: $55,215
  • Vacancy Allowance: $1,125
  • Other Income Description: *Expenses are estimated!
Annual Expense Breakdown
  • Total Operating Expense: $16,560
  • New Taxes: $15,000
  • Trash: $0
  • Insurance: $1,547
  • Water/Sewer: $800

Property Details for 225 Granada Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Wood
Interior Features
  • 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: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: Front Yard, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7249032029
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
  • Property Condition: Additions/Alterations
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
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: 2nd St. - North on Granada, East of Park **(Address is 225 & 225A)**
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 225 Granada Ave

Last sold for $1,300,000 on March 17th, 2021
  • March, 2021

  • Mar 18, 2021

    Date

    Sold

    CRMLS: PW21023249

    $1,300,000

    Price

  • Mar 6, 2021

    Date

    Pending

    CRMLS: PW21023249

    $1,299,000

    Price

  • Feb 18, 2021

    Date

    Active Under Contract

    CRMLS: PW21023249

    $1,299,000

    Price

  • Feb 7, 2021

    Date

    Active

    CRMLS: PW21023249

    $1,299,000

    Price

  • Feb 6, 2021

    Date

    Coming Soon

    CRMLS: PW21023249

    $1,299,000

    Price

  • April, 2013

  • Apr 18, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2012

  • Jan 19, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 225 Granada Ave

Assessed Value (2020): $86,471
Year Land Value Improved Value Assessed Value
2020 $56,236 $30,235 $86,471

Home Value Compared to the Market

This property vs the competition

225 Granada Ave sold on March 17, 2021 for 62.38% 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 $543.74 per/sqft which puts the price per square foot 13.96% lower than the current median sale per square foot for the city of Long Beach.

About 225 Granada Ave

Detailed summary of property

225 Granada Ave is a duplex that recently sold in Long Beach, CA 90803. This duplex offered 5 bedrooms, 2 bathrooms, roughly 2,389 living square feet, and sits on an approximately 2,632 square foot lot. 225 Granada Ave was first listed on ArdentRealEstateGroup.com on February 6, 2021. The homeowner sold the property for $1,300,000. 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 62.38% higher than the current median priced home. Local homes that are currently for sale include 1367 Alamitos Ave, 1148 E Arcadia Court and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 51 days, 225 Granada Ave has a days on market of 10 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 225 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 225 Granada Ave

Public county record property details
Beds
4
Baths
2
Year built
1931
Sq. Ft.
2,389
Lot Size
2,631
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
7249-032-029

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
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
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.