228 Elm Ave, Long Beach, CA 90802
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228 Elm Ave Long Beach, CA 90802

$4,850,000 Sold Price as of 04/08/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$4,850,000 Sold Price as of 04/08/2022 Refinance Your Mortgage

Map preview of 228 Elm Ave, Long Beach, CA 90802

Property Overview: 228 Elm Ave Long Beach, CA has -- bedrooms, -- bathrooms, -- living square feet and 12,054 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Long Beach's Zoned High Density - PD-30 Zoning and turns it upside down, giving you the potential to be part of the high-rise LB Downtown community! Consists of two parcels: 2 APNs: 7281-016-009 & 7281-016-052 Opportunity to build 11 townhomes or 40+ residential units.

Listed by Andre Lujan | BRE #01475314 | Vista Pacific Realty
Last checked: 10 minutes ago | Last updated: April 11th, 2022 | Source CRMLS | DOM: 300

Home details

Lot Sq. Ft
12,054
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
OC21110637
City
Long Beach
County
Los Angeles
Time on Site
1080 days

Property Details for 228 Elm Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 36-40 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 7281016052
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: Elm & Broadway
Neighborhood Information
  • Community Features: Biking, Urban
View more facts & features

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Sale History for 228 Elm Ave

Last sold for $4,850,000 on April 8th, 2022
  • September, 2021

  • Sep 10, 2021

    Date

    Price Change

    CRMLS: OC21110637

    $4,000,000

    Price

  • Jun 16, 2021

    Date

    Price Change

    CRMLS: OC21110637

    $3,795,000

    Price

  • May 23, 2021

    Date

    Active

    CRMLS: OC21110637

    $3,895,000

    Price

  • September, 2017

  • Sep 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,525,000

    Price

  • March, 1994

  • Mar 16, 1994

    Date

    Sold (Public Records)

    Public Records

    $86,141

    Price

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Tax History for 228 Elm Ave

Assessed Value (2020): $1,586,610
Year Land Value Improved Value Assessed Value
2020 $1,581,408 $5,202 $1,586,610

Home Value Compared to the Market

This property vs the competition

228 Elm Ave sold on April 8, 2022 for 525% higher than the current median sold price for the city of Long Beach which is $800,000.

About 228 Elm Ave

Detailed summary of property

228 Elm Ave is a land that recently sold in Long Beach, CA 90802. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 12,054 square foot lot. 228 Elm Ave was first listed on ArdentRealEstateGroup.com on May 23, 2021. The homeowner sold the property for $4,850,000. 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 525% higher than the current median priced home. Local homes that are currently for sale include 2829 Waverly Dr, 2107 Desire Ave and 822 N Sweetzer Ave. While the average home in Long Beach, CA is selling in 53 days, 228 Elm Ave has a days on market of 300 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 228 Elm Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 228 Elm Ave

Public county record property details
Beds
--
Baths
--
Year built
1992
Sq. Ft.
7,500
Lot Size
8,321
Stories
--
Type
Parking Lot
Pool
No
Spa
No
County
Los Angeles
Lot#
14,16
APN
7281-016-052

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$520,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
131
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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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.