2296 Euclid Ave, Long Beach, CA 90815
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2296 Euclid Ave Long Beach, CA 90815

$847,250 Sold Price as of 09/07/2020
  • 4 Beds
  • 2 Baths
  • 1,596 Sq.Ft.
Sold
$847,250 Sold Price as of 09/07/2020 Refinance Your Mortgage

Map preview of 2296 Euclid Ave, Long Beach, CA 90815

Property Overview: 2296 Euclid Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,596 living square feet and 6,868 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DON'T MISS THIS OPPORTUNITY !!!! Turnkey Duplex In ARTCRAFT MANOR...TRUE PRIDE OF OWNERSHIP! 2 Units. Both Units are 2 Bedrooms, 1 Bath. Fabulous Rental Units, or Live in One and Enjoy Rental Income...Bike to the Beach, Belmont Short, Shopping, Freeways, Schools, Long Beach Airport, Parks, Golf Courses, Long Beach City College, and CSULB. Croner lot Duplex with great curb appeal. Fully Remodeled, the owner spent over 100k in upgrades & remodeling the interior & exterior, this unique property comes with a separate 2 car garage that can easily be turned into an ADU, alongside a private yard for entertaining. 2 units, each consisting of 2 bed 1 full bath each, separate laundry room. Rarely on the Market!. A tree-lined street with plenty of street parking, park-like setting in the fenced front yard. Private location inside the tract. Offer subject to interior inspection.

Listed by Samir Rai | BRE #01868728 | Keystone Realty Group
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,868
HOA Dues
$0/mo
Year built
1945
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
TR20126382
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $42,000
  • Gross Operating Income: --
  • Laundry Income: $200
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $18,000
  • Electric: $1,200
  • New Taxes: $8,500
  • Trash: $1,000
  • Gardener: $80
  • Insurance: $1,500
  • Water/Sewer: $1,200

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 2296 Euclid Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Common Area, Individual Room, See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: End Unit, No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7218025027
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Artcraft Manor (AM)
  • Directions: Lakewood Blvd, make a right on 23rd Street
Neighborhood Information
  • Community Features: Biking
View more facts & features

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Sale History for 2296 Euclid Ave

Last sold for $847,500 on September 8th, 2020
  • March, 2021

  • Mar 25, 2021

    Date

    Expired

    CRMLS: PW20261990

    $975,000

    Price

  • Mar 9, 2021

    Date

    Hold

    CRMLS: PW20261990

    $975,000

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: PW20261990

    $975,000

    Price

  • Mar 9, 2021

    Date

    Hold

    CRMLS: PW20261990

    $975,000

    Price

  • Mar 8, 2021

    Date

    Active Under Contract

    CRMLS: PW20261990

    $975,000

    Price

  • Mar 7, 2021

    Date

    Hold

    CRMLS: PW20261990

    $975,000

    Price

  • Feb 6, 2021

    Date

    Active Under Contract

    CRMLS: PW20261990

    $975,000

    Price

  • Dec 23, 2020

    Date

    Active

    CRMLS: PW20261990

    $975,000

    Price

  • Listing provided courtesy of CRMLS

    Click virtual tour icon/video tour to view the tour. Potential to make over $109,000 gross income a year; great investment opportunity knocks! The building plan to make this duplex a 4-unit is already submitted to the city, anticipating the approval. One additional unit will feature 2-bedroom 1-bathroom, with potential rent at $2,500 per month. The other additional unit has 1-bedroom, 1-bathroom, with potential rent at $2,000 per month. The duplex is recently upgraded with 2 bedrooms 1 bathroom in each unit, current prorated rent at $2,500 a month for each unit. A laundry room with coin washer/dryer on property brings in additional income. Each unit has newer flooring and newer paint throughout. The kitchen in each unit has quartz counter top and has plenty of space for cooking. It also features stainless kitchen appliances including stovetop, microwave hood combo, and dish washer. All bedrooms have ceiling fans. The spacious bathrooms feature all newer vanity and shower. Each unit has its own private entrance and space to add washer, dryer hook-up. The property is located in a quiet residential neighborhood with a large grassy shaded front yard, features that are attractive to your future tenants. Don't miss this property that can generate a handsome income.

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: PW20183242

    $2,299

    Price

  • Dec 10, 2020

    Date

    Price Change

    CRMLS: PW20183242

    $2,299

    Price

  • Dec 9, 2020

    Date

    Price Change

    CRMLS: PW20183242

    $2,399

    Price

  • Nov 30, 2020

    Date

    Price Change

    CRMLS: PW20183242

    $2,350

    Price

  • Oct 19, 2020

    Date

    Price Change

    CRMLS: PW20183242

    $2,399

    Price

  • Oct 7, 2020

    Date

    Price Change

    CRMLS: PW20183242

    $2,400

    Price

  • Sep 12, 2020

    Date

    Price Change

    CRMLS: PW20183242

    $2,500

    Price

  • Sep 5, 2020

    Date

    Active

    CRMLS: PW20183242

    $2,700

    Price

  • Sep 3, 2020

    Date

    Coming Soon

    CRMLS: PW20183242

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    This is a beautiful duplex unit in Long Beach with its own private entrance and front yard. It is on a small quiet street with a residential feel. This home has recently been remodeled with new flooring, painted walls, remodeled kitchen and bathroom with quartz countertops and stainless steel appliances. It has a new stainless steel stove, microwave hood combo, dishwasher and new stainless steel refrigerator. This home has a nice cottage feeling in a safe nice neighborhood, the next best thing to a house. This home also has a shared laundry room.

  • November, 2020

  • Nov 24, 2020

    Date

    Expired

    CRMLS: PW20224603

    $975,000

    Price

  • Nov 23, 2020

    Date

    Hold

    CRMLS: PW20224603

    $975,000

    Price

  • Oct 30, 2020

    Date

    Active

    CRMLS: PW20224603

    $975,000

    Price

  • Oct 23, 2020

    Date

    Coming Soon

    CRMLS: PW20224603

    $975,000

    Price

  • Listing provided courtesy of CRMLS

    Potential to make over $109,000 gross income a year; great investment opportunity knocks! The building plan to make this duplex a 4-unit is already submitted to the city. One additional unit will feature 2-bedroom 1-bathroom, with potential rent at $2,500 per month. The other additional unit has 1-bedroom, 1-bathroom, with potential rent at $2,000 per month. The duplex is recently upgraded with 2 bedrooms 1 bathroom in each unit, current prorated rent at $2,500 a month for each unit. A laundry room with coin washer/dryer on property brings in additional income. Each unit has newer flooring and newer paint throughout. The kitchen in each unit has quartz counter top and has plenty of space for cooking. It also features stainless kitchen appliances including stovetop, microwave hood combo, and dish washer. All bedrooms have ceiling fans. The spacious bathrooms feature all newer vanity and shower. Each unit has its own private entrance and space to add washer, dryer hook-up. The property is located in a quiet residential neighborhood with a large grassy shaded front yard, features that are attractive to your future tenants. Don't miss this property that can generate a handsome income.

  • September, 2020

  • Sep 10, 2020

    Date

    Sold

    CRMLS: TR20126382

    $847,250

    Price

  • Sep 3, 2020

    Date

    Active Under Contract

    CRMLS: TR20126382

    $859,000

    Price

  • Aug 31, 2020

    Date

    Pending

    CRMLS: TR20126382

    $859,000

    Price

  • Aug 21, 2020

    Date

    Active

    CRMLS: TR20126382

    $859,000

    Price

  • Jul 30, 2020

    Date

    Active Under Contract

    CRMLS: TR20126382

    $859,000

    Price

  • Jul 25, 2020

    Date

    Price Change

    CRMLS: TR20126382

    $859,000

    Price

  • Jun 29, 2020

    Date

    Active

    CRMLS: TR20126382

    $849,000

    Price

  • September, 2020

  • Sep 8, 2020

    Date

    Sold (Public Records)

    Public Records

    $847,500

    Price

  • August, 2018

  • Aug 3, 2018

    Date

    Sold

    CRMLS: OC18106560

    $673,500

    Price

  • Jun 19, 2018

    Date

    Active Under Contract

    CRMLS: OC18106560

    $675,000

    Price

  • Jun 15, 2018

    Date

    Price Change

    CRMLS: OC18106560

    $675,000

    Price

  • Jun 6, 2018

    Date

    Active

    CRMLS: OC18106560

    $710,000

    Price

  • Jun 3, 2018

    Date

    Hold

    CRMLS: OC18106560

    $710,000

    Price

  • Jun 3, 2018

    Date

    Active

    CRMLS: OC18106560

    $710,000

    Price

  • May 24, 2018

    Date

    Hold

    CRMLS: OC18106560

    $710,000

    Price

  • May 9, 2018

    Date

    Active

    CRMLS: OC18106560

    $710,000

    Price

  • Listing provided courtesy of CRMLS

    Artcraft Manor income producing Duplex! Great corner location with 2 car garages in the alley. Roof was installed in 2007. Plumbing including gas lines and sewer has been updated in the last 10-12 years. Rarely on the Market! This duplex has Long Term Tenants. Shady park like setting in fenced front yard. Private location inside the tract. Close to shopping, freeways, schools, parks and the Long Beach Airport. Write offer subject to interior inspection.

  • August, 2018

  • Aug 3, 2018

    Date

    Sold (Public Records)

    Public Records

    $673,500

    Price

Show More

Tax History for 2296 Euclid Ave

Assessed Value (2020): $686,970
Year Land Value Improved Value Assessed Value
2020 $479,400 $207,570 $686,970

Home Value Compared to the Market

This property vs the competition

2296 Euclid Ave sold on September 7, 2020 for 4.88% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $538.22 per/sqft which puts the price per square foot 14.3% lower than the current median sale per square foot for the city of Long Beach.

About 2296 Euclid Ave

Detailed summary of property

2296 Euclid Ave is a duplex that recently sold in Long Beach, CA 90815. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,596 living square feet, and sits on an approximately 6,868 square foot lot. 2296 Euclid Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $847,250. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 4.88% higher than the current median priced home. Local homes that are currently for sale include 401 E 21st St, 340 E 19th St and 402 E 16th St. While the average home in Long Beach, CA is selling in 62 days, 2296 Euclid Ave has a days on market of 35 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 2296 Euclid Ave Long Beach, CA 90815 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2296 Euclid Ave

Public county record property details
Beds
4
Baths
2
Year built
1945
Sq. Ft.
1,536
Lot Size
6,867
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
75
APN
7218-025-027

The source for these homes facts are from public records.

90815 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,095,000
Median List Price/Sq.Ft.
$650
Median Sold Price
$1,115,000
Median Sold Price/Sq.Ft.
$669
Total Inventory
77
Median Sale to List Price %
95.71%
Avg Days on Market
23
Loan Type
Conventional (44.83%), FHA (3.45%), VA (3.45%), Cash (17.24%), Other (31.03%)

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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.