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2276 Earl Ave Long Beach, CA 90806

$800,000 Sold Price as of 10/01/2020

7 Beds
3 Baths
-- Sq.Ft.

Sold

$800,000 Sold Price as of 10/01/2020 Refinance Your Mortgage

Map preview of 2276 Earl Ave, Long Beach, CA 90806

Property Overview: 2276 Earl Ave Long Beach, CA has 7 bedrooms, 3 bathrooms, -- living square feet and 5,850 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ATTENTION BUYERS, investors and owner users. 5.6% CAP RATE & possibility of ADDING ADU for ADDITIONAL INCOME. Fantastic opportunity to own a duplex in highly desirable Wrigley neighborhood, just minutes from Downtown, Aquarium of the Pacific, beach & Convention center. Easy access to 710 & 405. Downstairs VACANT 3 BEDROOOM UNIT has been recently updated with new flooring & fresh paint. Spacious backyard with lemon & orange tree is great for entertaining. Behind it there's a 2 car garage & 2 additional gated parking spaces. Upstairs 2 bedroom unit is tenant occupied ($2,300/month) & has it's own balcony. Both units have AC, inside laundry & kitchen with granite counter tops. Take advantage of low interest rate & lock a positive cash flow from the start. Don't disturb upstairs tenant.

Listed by Ziga Weisseisen | BRE #01847975 | RE/MAX ESTATE PROPERTIES

Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft: 5,850
HOA Dues: $0/mo
Year built: 1939
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: 20588884
City: Long Beach
County: Los Angeles
Time on Site: 1400 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,600

Unit Breakdown 2

# of Units: 2
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,300
Total Rent: $2,300
Pro Forma/Market Rent: $2,400

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 14
Gross Scheduled Income: --
Net Operating Income: $46,030
Gross Operating Income: $58,800

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 2276 Earl Ave

Interior Features

Cooling Information

Has Cooling
Wall/Window Unit(s)

Heating Information

Has Heating
Wall Furnace

Room Information

Flooring: Tile, Laminate, Vinyl, Carpet

Kitchen Information

Has Appliances
Dishwasher, Microwave

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2
Has Parking
Parking Features: Gated, Garage - Two Door, Uncovered

Property Information

Total # of Units: 2
Parcel Number: 7208024005

Location / Neighborhood

Location Information

Directions: 23rd & Earl Ave.

View more facts & features

Local Long Beach Agent

Sale History for 2276 Earl Ave

Last sold for $800,000 on October 1st, 2020

October, 2020
Oct 3, 2020

Date

Sold

CRMLS: 20588884

$800,000

Price
Aug 7, 2020

Date

Active Under Contract

CRMLS: 20588884

$820,000

Price
Jun 11, 2020

Date

Active

CRMLS: 20588884

$820,000

Price
October, 2020
Oct 1, 2020

Date

Sold (Public Records)

Public Records

$800,000

Price
January, 2020
Jan 3, 2020

Date

Canceled

CRMLS: PW19253025

$785,000

Price
Dec 6, 2019

Date

Pending

CRMLS: PW19253025

$785,000

Price
Oct 29, 2019

Date

Active

CRMLS: PW19253025

$785,000

Price
Listing provided courtesy of CRMLS

This Long Beach duplex was remodeled a few years ago and has been tenant occupied since. Great investment opportunity just north of thriving downtown Long Beach and the beach. The lower unit is 3 bedrooms 1.5 bathrooms and the upper unit is 2 bedrooms 1.5 bathrooms. Each unit was remodeled 2 years ago with granite counter tops, stainless steel appliances, 'split AC units' and in unit laundry, There is a huge back yard before reaching the 2 parking garages. There is also enough room to park an additional 2 cars. The parking is also privately gated and secure. The upper unit has an extra balcony just off the dining room. This art deco style duplex is tenant occupied on a month-to-month basis. Bottom unit has 5 years of wear and tear to take into consideration. Drive By Only.

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October, 2019
Oct 26, 2019

Date

Canceled

CRMLS: 19486144

$818,000

Price
Jul 8, 2019

Date

Active

CRMLS: 19486144

$818,000

Price
Listing provided courtesy of CRMLS

Beautifully remodeled duplex in Long Beach! Great investment opportunity with no rent control (buyer to verify)! The lower unit is 3 bedrooms 1.5 bathrooms and is rented for $2200/month. The upper unit is 2 bedrooms 1.5 bathrooms and is rented for $2100/month. Both units have granite counter tops, stainless steel appliances, in unit laundry, 2 parking spaces (1 covered garage space each). The upper unit features laminate flooring and a balcony.

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August, 2017
Aug 18, 2017

Date

Sold

CRMLS: OC17149337

$695,000

Price
Aug 2, 2017

Date

Pending

CRMLS: OC17149337

$695,000

Price
Jul 7, 2017

Date

Active

CRMLS: OC17149337

$695,000

Price
Listing provided courtesy of CRMLS

Beautifully remodeled Duplex!!! Look no further you have found the perfect Real Estate investment that is ready for you to sit back and collect rents. Both units have been fully remodeled with the Owners unit sporting wall to wall laminate flooring, remodeled kitchen with granite counter tops and stainless steel appliances, newer paint, energy efficient air conditioning unit, spacious living area, formal dining area, laundry room and a ½ bath for your guests. This property is a must see and will go fast!!!

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August, 2017
Aug 18, 2017

Date

Sold (Public Records)

Public Records

$695,000

Price

Tax History for 2276 Earl Ave

Assessed Value (2020): $723,078

Year	Land Value	Improved Value	Assessed Value
2020	$312,120	$410,958	$723,078

Home Value Compared to the Market

This property vs the competition

2276 Earl Ave sold on October 1, 2020 for 2.5% higher than the current median sold price for the city of Long Beach which is $800,000.

About 2276 Earl Ave

Detailed summary of property

2276 Earl Ave is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 7 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 5,850 square foot lot. 2276 Earl Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $800,000. 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 2.5% higher than the current median priced home. Local homes that are currently for sale include 2010 W Spring St, 1022 Raymond Ave and 430 Rose Ave. While the average home in Long Beach, CA is selling in 52 days, 2276 Earl Ave has a days on market of 55 days. There are currently 647 homes for sale in the Long Beach real estate market and 369 of them are single family homes while 262 of them are condos and 16 are townhomes. For more information on this home for sale at 2276 Earl 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 2276 Earl Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1939
Sq. Ft.: 2,305
Lot Size: 5,849
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 7208-024-005

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

Median Sale to List Price %

101.69%

Avg Days on Market

Loan Type

Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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(714) 706-1823

Homes for Sale Near 2276 Earl Ave

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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.