2354 Elm Ave, Long Beach, CA 90806
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2354 Elm Ave Long Beach, CA 90806

$630,000 Sold Price as of 06/28/2021
  • 4 Beds
  • 2 Baths
  • 1,673 Sq.Ft.
Sold
$630,000 Sold Price as of 06/28/2021 Refinance Your Mortgage

Map preview of 2354 Elm Ave, Long Beach, CA 90806

Property Overview: 2354 Elm Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,673 living square feet and 5,245 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the Market! Excellent Fixer Upper Opportunity. Starter home with a rental second unit for additional income, and fixer upper for value add investment property. Large Corner lot with two separate units (2 bedrooms, 1 bath each), detached 2 car garage, and no common walls. Both units need full interior renovation repairs and exterior repairs, as reflected in list price. Great location to nearby metro train station at Willow A Line, nearby medical centers, shopping centers, and the 405 fwy. Will review Serious Buyer Offers Only with Pre-approved Financing (no FHA). Qualify with in-house financing (Summit Lending) available. Buyer to purchase AS-IS with no repairs from Seller.

Listed by Jason Agcaoili | BRE #01947185 | Home Smart Realty Group
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 80

Home details

Lot Sq. Ft
5,245
HOA Dues
$0/mo
Year built
1948
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
SB20226309
City
Long Beach
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # 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: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,800
  • Net Operating Income: $30,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,200
  • Electric: $1,200
  • Gas/Fuel: $0
  • New Taxes: $6,500
  • Trash: $100
  • Insurance: $800
  • Water/Sewer: $300

Property Details for 2354 Elm Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Gas
Room Information
  • Flooring: Carpet, Wood
  • All Bedrooms Down, Family Room, Jack & Jill, Living Room, Master Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Side, Off Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7208016008
  • Year Built Source: Public Records
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Going East from Willow St, Turn Right (South) on Elm Ave. Property is located on the corner of Eagle and Elm St.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Suburban, Urban
View more facts & features

Local Long Beach Agent

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Sale History for 2354 Elm Ave

Last sold for $630,000 on June 28th, 2021
  • June, 2021

  • Jun 28, 2021

    Date

    Sold

    CRMLS: SB20226309

    $630,000

    Price

  • May 17, 2021

    Date

    Pending

    CRMLS: SB20226309

    $690,000

    Price

  • Apr 25, 2021

    Date

    Active

    CRMLS: SB20226309

    $690,000

    Price

  • Mar 26, 2021

    Date

    Pending

    CRMLS: SB20226309

    $690,000

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: SB20226309

    $690,000

    Price

  • Feb 9, 2021

    Date

    Hold

    CRMLS: SB20226309

    $690,000

    Price

  • Feb 2, 2021

    Date

    Active

    CRMLS: SB20226309

    $690,000

    Price

  • Jan 25, 2021

    Date

    Hold

    CRMLS: SB20226309

    $690,000

    Price

  • Dec 17, 2020

    Date

    Active

    CRMLS: SB20226309

    $690,000

    Price

  • Dec 16, 2020

    Date

    Price Change

    CRMLS: SB20226309

    $690,000

    Price

  • Nov 16, 2020

    Date

    Hold

    CRMLS: SB20226309

    $648,800

    Price

  • Nov 16, 2020

    Date

    Active

    CRMLS: SB20226309

    $648,800

    Price

  • Oct 26, 2020

    Date

    Coming Soon

    CRMLS: SB20226309

    $648,800

    Price

  • October, 2020

  • Oct 20, 2020

    Date

    Hold

    CRMLS: SB20220216

    $648,800

    Price

  • Oct 20, 2020

    Date

    Active

    CRMLS: SB20220216

    $648,800

    Price

  • Oct 19, 2020

    Date

    Coming Soon

    CRMLS: SB20220216

    $648,800

    Price

  • Listing provided courtesy of CRMLS

    COMING SOON (awaiting MLS to be updated). Great potential income property and value add. Corner lot Duplex with two separate units (2 bedrooms, 1 bath each) with no common walls. Nearby metro train station at Willow A Line. Property for both units need interior renovation, as reflected in list price. Current owner residing in 1 unit and leasing other unit.

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Tax History for 2354 Elm Ave

Assessed Value (2020): $45,672
Year Land Value Improved Value Assessed Value
2020 $21,942 $23,730 $45,672

Home Value Compared to the Market

This property vs the competition

2354 Elm Ave sold on June 28, 2021 for 22.65% lower than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $412.43 per/sqft which puts the price per square foot 37.42% lower than the current median sale per square foot for the city of Long Beach.

About 2354 Elm Ave

Detailed summary of property

2354 Elm Ave is a duplex that recently sold in Long Beach, CA 90806. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,673 living square feet, and sits on an approximately 5,245 square foot lot. 2354 Elm Ave was first listed on ArdentRealEstateGroup.com on March 9, 2021. The homeowner sold the property for $630,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 22.65% lower than the current median priced home. Local homes that are currently for sale include 830 W Imperial Hwy, 642 W 109th Pl and 10409 S Figueroa St. While the average home in Long Beach, CA is selling in 53 days, 2354 Elm Ave has a days on market of 80 days. There are currently 704 homes for sale in the Long Beach real estate market and 385 of them are single family homes while 296 of them are condos and 23 are townhomes. For more information on this home for sale at 2354 Elm 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 2354 Elm Ave

Public county record property details
Beds
4
Baths
2
Year built
1948
Sq. Ft.
1,673
Lot Size
5,244
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7208-016-008

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.
$544
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$657
Total Inventory
14
Median Sale to List Price %
111.33%
Avg Days on Market
17
Loan Type
Conventional (37.5%), FHA (12.5%), VA (0%), Cash (0%), Other (37.5%)

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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.