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227 Granada Ave, Long Beach, CA 90803
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227 Granada Ave Long Beach, CA 90803

$1,405,000 Sold Price as of 05/25/2021
  • 2 Beds
  • 4 Baths
  • 2,125 Sq.Ft.
Sold
$1,405,000 Sold Price as of 05/25/2021 Refinance Your Mortgage
Map preview of 227 Granada Ave, Long Beach, CA 90803

Property Overview: 227 Granada Ave Long Beach, CA has 2 bedrooms, 4 bathrooms, 2,125 living square feet and 2,627 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** ACTUAL STREET ADDRESS IS 227 1/2 GRANADA*** Great 4 units in Belmont Shore. Building is compromised of 2 lower studio units. And 2 upper one bedroom units. Units are in great condition and have lots of charm. Property has double car garage leased by the studio tenant. On-site laundry. Great Location, 1/2 block from Belmont Shore shopping and dining.

Listed by Natasha Schultheis | BRE #01277420 | Coldwell Banker Coastal Alliance
Last checked: 1 minute ago | Last updated: July 22nd, 2023 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
2,627
HOA Dues
$0/mo
Year built
1948
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21056044
City
Long Beach
County
Los Angeles
Time on Site
1158 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,496
  • Total Rent: $1,496
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,312
  • Total Rent: $1,312
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,312
  • Total Rent: $1,312
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,233
  • Total Rent: $1,233
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,236
  • Net Operating Income: $51,661
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,575
  • Licenses: $231
  • New Taxes: $18,687
  • Trash: $0
  • Gardener: $720
  • Insurance: $5,149
  • Water/Sewer: $1,686

Property Details for 227 Granada Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Community
Room Information
  • Flooring: Carpet, Laminate, Tile
Interior Features
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
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: Direct Garage Access, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7249032025
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: On Granada between Second and The Toledo
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Long Beach Agent

Sale History for 227 Granada Ave

Last leased for $1,550 on July 22nd, 2023

  • July, 2023

  • Jul 22, 2023

    Date

    Leased

    CRMLS: PW23125589

    $1,550

    Price

  • Jul 12, 2023

    Date

    Active

    CRMLS: PW23125589

    $1,550

    Price

  • Listing provided courtesy of CRMLS

    Property has been rented. No more showings *Only A.D.A. Approved Emotional Support / service animals will be accepted. Fantastic Studio apartment. Ground floor unit. Located in small 4-unit building. Clean paint & blinds, quartz counter tops, stainless-steel sink with brush nickel faucet. 2 closets, mirror closet doors. Extra linen storage. Gas stove & refrigerator provided. Community laundry room (coin operated). Gas wall heater. NO AC. Well maintained building. Street parking. Near 2nd street within Belmont Shore shopping and activities. Water paid for. Tenant pays: Gas, electric, trash, cable-TV, internet.

  • June, 2022

  • Jun 28, 2022

    Date

    Leased

    CRMLS: PW22127631

    $1,550

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: PW22127631

    $1,550

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Studio apartment. Ground floor unit. Located in small 4-unit building. New paint, new blinds, new quartz counter tops, new stainless-steel sink with brush nickel faucet. 2 closets, mirror closet doors. Extra linen storage. Gas stove and refrigerator provided. Community laundry room (coin operated). Gas wall heater. NO AC. Well maintained building. Water, Trash paid for. Street parking only. Near 2nd street within Belmont Shore shopping and activities. *Only A.D.A. Approved companion / service animals will be accepted

  • May, 2021

  • May 25, 2021

    Date

    Sold

    CRMLS: PW21056044

    $1,405,000

    Price

  • May 7, 2021

    Date

    Pending

    CRMLS: PW21056044

    $1,459,000

    Price

  • Apr 12, 2021

    Date

    Active Under Contract

    CRMLS: PW21056044

    $1,459,000

    Price

  • Apr 1, 2021

    Date

    Price Change

    CRMLS: PW21056044

    $1,459,000

    Price

  • Mar 17, 2021

    Date

    Active

    CRMLS: PW21056044

    $1,495,000

    Price

  • June, 2017

  • Jun 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • January, 2012

  • Jan 19, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 227 Granada Ave

Assessed Value (2020): $1,196,880
Year Land Value Improved Value Assessed Value
2020 $832,320 $364,560 $1,196,880

Home Value Compared to the Market

This property vs the competition

227 Granada Ave sold on May 25, 2021 for 82.38% 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 $686.59 per/sqft which puts the price per square foot 8.64% higher than the current median sale per square foot for the city of Long Beach.

About 227 Granada Ave

Detailed summary of property

227 Granada Ave is a fourplex that recently sold in Long Beach, CA 90803. This fourplex offered 2 bedrooms, 4 bathrooms, roughly 2,125 living square feet, and sits on an approximately 2,627 square foot lot. 227 Granada Ave was first listed on ArdentRealEstateGroup.com on March 17, 2021. The homeowner sold the property for $1,405,000. 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 82.38% higher than the current median priced home. Local homes that are currently for sale include 1615 Cherry Ave, 1825 Cherry Ave and 1120-1124 E Hellman St. While the average home in Long Beach, CA is selling in 51 days, 227 Granada Ave has a days on market of 23 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 227 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 227 Granada Ave

Public county record property details
Beds
4
Baths
4
Year built
1948
Sq. Ft.
2,125
Lot Size
2,626
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
7249-032-025

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%)

Thinking of Selling?

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

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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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