View Photos

232 E 21St St Long Beach, CA 90806

$1,100,000 Sold Price as of 05/04/2021

8 Beds
6 Baths
3,996 Sq.Ft.

Sold

$1,100,000 Sold Price as of 05/04/2021 Refinance Your Mortgage

Map preview of 232 E 21St St, Long Beach, CA 90806

Property Overview: 232 E 21St St Long Beach, CA has 8 bedrooms, 6 bathrooms, 3,996 living square feet and 4,736 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Owner-User Opportunity! 4-Units Built in 1963, Unit Mix: (2) 1+1; (2) 3+2 One (1) Three-Bedroom/Two-Bathroom Unit to be Delivered Vacant. Four (4) One-Car Garages for Parking or Two (2) Studio Accessory Dwelling Units (ADUs) for Additional Income. Upgrades and Renovations in Several Units. Growing Submarket with Attractive Demographics. Building is individually metered for Gas & Electricity. 47% Rental Upside Potential. Please see the link to the property website for the Offering Memorandum for more information on the listing.

Listed by John Wright | BRE #01985584 | Matthews Real Estate Investment Services

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft: 4,736
HOA Dues: $0/mo
Year built: 1963
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21692780
City: Long Beach
County: Los Angeles
Time on Site: 1324 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,300
Total Rent: $2,600
Pro Forma/Market Rent: $3,000

Unit Breakdown 2

# of Units: 2
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $4,150
Total Rent: $4,150
Pro Forma/Market Rent: $4,700

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 13.58
Gross Scheduled Income: --
Net Operating Income: $54,622
Gross Operating Income: $78,570

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 232 E 21St St

Lot Details / Garage and Parking

Property Information

Total # of Units: 4
Parcel Number: 7209013004

Location / Neighborhood

Location Information

Directions: In between Long Beach Blvd and Pacific Avenue and a couple blocks north of PCH.

View more facts & features

Local Long Beach Agent

Sale History for 232 E 21St St

Last sold for $1,100,000 on May 4th, 2021

May, 2021
May 7, 2021

Date

Sold

CRMLS: 21692780

$1,100,000

Price
Feb 16, 2021

Date

Active Under Contract

CRMLS: 21692780

$1,100,000

Price
Feb 12, 2021

Date

Active

CRMLS: 21692780

$1,100,000

Price
February, 2021
Feb 12, 2021

Date

Canceled

CRMLS: 21685320

$1,100,000

Price
Jan 26, 2021

Date

Active

CRMLS: 21685320

$1,100,000

Price
Listing provided courtesy of CRMLS
November, 2012
Nov 30, 2012

Date

Sold (Public Records)

Public Records

$540,000

Price
August, 2012
Aug 20, 2012

Date

Sold (Public Records)

Public Records

$382,500

Price

Tax History for 232 E 21St St

Assessed Value (2020): $608,027

Year	Land Value	Improved Value	Assessed Value
2020	$225,195	$382,832	$608,027

Home Value Compared to the Market

This property vs the competition

232 E 21St St sold on May 4, 2021 for 34.31% 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 $275.28 per/sqft which puts the price per square foot 56.17% lower than the current median sale per square foot for the city of Long Beach.

About 232 E 21St St

Detailed summary of property

232 E 21St St is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 3,996 living square feet, and sits on an approximately 4,736 square foot lot. 232 E 21St St was first listed on ArdentRealEstateGroup.com on February 12, 2021. The homeowner sold the property for $1,100,000. 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 34.31% higher than the current median priced home. Local homes that are currently for sale include 229 W 8th St, 1039 E 10th St and 1339 Peterson Ave. While the average home in Long Beach, CA is selling in 65 days, 232 E 21St St has a days on market of 3 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. For more information on this home for sale at 232 E 21St St 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 232 E 21St St

Public county record property details

Beds: 8
Baths: 6
Year built: 1963
Sq. Ft.: 3,996
Lot Size: 4,735
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 7209-013-004

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

$770,000

Median List Price/Sq.Ft.

$543

Median Sold Price

$920,000

Median Sold Price/Sq.Ft.

$534

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 232 E 21St St

Nearby Homes for Sale

Recently Sold Homes Near 232 E 21St St

$841,000 Last Sold Price

7 Beds

5 Baths

3096 Sq.Ft.

227 E Willard St
Long Beach, CA 90806

$1,175,000 Last Sold Price

8 Beds

5 Baths

4158 Sq.Ft.

2115 Locust Ave
Long Beach, CA 90806

$1,230,000 Last Sold Price

9 Beds

8 Baths

3620 Sq.Ft.

2100 Earl Ave
Long Beach, CA 90806

$1,170,000 Last Sold Price

6 Beds

4 Baths

2694 Sq.Ft.

2137 Locust Ave
Long Beach, CA 90806

Related Resources to 232 E 21St St

New Listings in 90806

Popular Zip Codes

Popular Cities

Other Long Beach Resources

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.