2826 E 16Th St, Long Beach, CA 90804
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2826 E 16Th St Long Beach, CA 90804

$2,000,000 Sold Price as of 06/01/2023
  • 9 Beds
  • 0 Baths
  • 5,100 Sq.Ft.
Sold
$2,000,000 Sold Price as of 06/01/2023 Refinance Your Mortgage

Map preview of 2826 E 16Th St, Long Beach, CA 90804

Property Overview: 2826 E 16Th St Long Beach, CA has 9 bedrooms, -- bathrooms, 5,100 living square feet and 13,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: SOLD BEFORE LISTED

Listed by Dave Chamberlain | BRE #00762670 | Team Chamberlain Realty Exe.
Last checked: 7 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
13,001
HOA Dues
$0/mo
Year built
1923
Garage
5 Car
Property Type:
Mixed Use
Status
Sold
MLS#
PW23096586
City
Long Beach
County
Los Angeles
Time on Site
341 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 6
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $147,300
  • Total Rent: $147,300
  • Pro Forma/Market Rent: $175,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $147,300
  • Net Operating Income: $98,691
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $48,609
  • Electric: $1,000
  • Gas/Fuel: $1,000
  • Trash: $5,000
  • Insurance: $10,000
  • Professional Management: $0
  • Water/Sewer: $6,000

Property Details for 2826 E 16Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 7259029010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: From Temple East on 16th
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 2826 E 16Th St

Last sold for $2,000,000 on June 1st, 2023
  • June, 2023

  • Jun 1, 2023

    Date

    Active

    CRMLS: PW23096586

    $2,000,000

    Price

  • Jun 1, 2023

    Date

    Sold

    CRMLS: PW23096586

    $2,000,000

    Price

Tax History for 2826 E 16Th St

Assessed Value (2020): $697,685
Year Land Value Improved Value Assessed Value
2020 $507,271 $190,414 $697,685

Home Value Compared to the Market

This property vs the competition

2826 E 16Th St sold on June 1, 2023 for 150% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $392.16 per/sqft which puts the price per square foot 37.95% lower than the current median sale per square foot for the city of Long Beach.

About 2826 E 16Th St

Detailed summary of property

2826 E 16Th St is a mixed use that recently sold in Long Beach, CA 90804. This mixed use property offered 9 bedrooms, -- bathrooms, roughly 5,100 living square feet, and sits on an approximately 13,001 square foot lot. 2826 E 16Th St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,000,000. 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 150% higher than the current median priced home. Local homes that are currently for sale include 3033 E 8th St, 4652 Gratian St and 755 S Boyle Ave. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 2826 E 16Th St Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2826 E 16Th St

Public county record property details
Beds
10
Baths
9
Year built
1923
Sq. Ft.
5,110
Lot Size
13,001
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
7259-029-010

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$509,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
54
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 2826 E 16Th St

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.