304 E 60Th St, Long Beach, CA 90805
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304 E 60Th St Long Beach, CA 90805

$770,000 Sold Price as of 09/07/2021
  • 5 Beds
  • 2 Baths
  • 1,882 Sq.Ft.
Sold
$770,000 Sold Price as of 09/07/2021 Refinance Your Mortgage

Map preview of 304 E 60Th St, Long Beach, CA 90805

Property Overview: 304 E 60Th St Long Beach, CA has 5 bedrooms, 2 bathrooms, 1,882 living square feet and 5,606 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY!!! 2 HOUSES on 2 separate lots :*** FRONT House ***: 3 beds/1 bath, $1300/month, 1116 living sqft, very long-term tenant. *** BACK House ***: 2 beds/1 bath with lots of upgrades, $1650/month, and 766 living sqft. Separate meters for gas and electricity. Landlord only pays for water in additional to insurance, and property taxes—very LOW maintenance cost. Separate patio and new fence to separate 2 houses. Front house has 1 car garage and back house UNIQUELY has 3 GARAGES. Conveniently closed to shopping centers, good schools, excellent dining areas, and short distance to both 710 & 91 freeway. DRIVE BY ONLY... DRIVE BY ONLY. Please do not disturb or talk to tenants, or enter or walk on properties under any circumstances! Tenants are not aware of the sale.

Listed by John Nguyen | BRE #01408888 | One Stop Realty and Financial
Last checked: 47 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,606
HOA Dues
$0/mo
Year built
1955
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21161673
City
Long Beach
County
Los Angeles
Time on Site
1154 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $35,400
  • Net Operating Income: $24,779
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,621
  • New Taxes: $8,160
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,141
  • Water/Sewer: $720

Property Details for 304 E 60Th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Corner Lot, Front Yard, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7125017002
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Near Atlantic & South
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 304 E 60Th St

Last leased for $2,000 on October 15th, 2021
  • October, 2021

  • Oct 15, 2021

    Date

    Leased

    CRMLS: PW21206941

    $2,000

    Price

  • Sep 20, 2021

    Date

    Active

    CRMLS: PW21206941

    $2,000

    Price

  • Listing provided courtesy of CRMLS

    Newly updated 2 bedroom / 1 bathroom in North Long Beach, with great curb appeal. Unit is upstairs and includes a private fenced yard, fresh paint, new wood laminate flooring throughout, new dual pane white vinyl windows, and updated kitchen and bathroom. Move-in Ready!

  • September, 2021

  • Sep 10, 2021

    Date

    Sold

    CRMLS: OC21161673

    $770,000

    Price

  • Aug 13, 2021

    Date

    Active Under Contract

    CRMLS: OC21161673

    $689,000

    Price

  • Jul 24, 2021

    Date

    Active

    CRMLS: OC21161673

    $689,000

    Price

  • September, 2002

  • Sep 24, 2002

    Date

    Sold (Public Records)

    Public Records

    $209,000

    Price

  • July, 1997

  • Jul 18, 1997

    Date

    Sold (Public Records)

    Public Records

    $156,000

    Price

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Tax History for 304 E 60Th St

Assessed Value (2020): $276,766
Year Land Value Improved Value Assessed Value
2020 $132,423 $144,343 $276,766

Home Value Compared to the Market

This property vs the competition

304 E 60Th St sold on September 7, 2021 for 15.87% lower 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 $366.1 per/sqft which puts the price per square foot 41.7% lower than the current median sale per square foot for the city of Long Beach.

About 304 E 60Th St

Detailed summary of property

304 E 60Th St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,882 living square feet, and sits on an approximately 5,606 square foot lot. 304 E 60Th St was first listed on ArdentRealEstateGroup.com on July 24, 2021. The homeowner sold the property for $770,000. 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 15.87% lower than the current median priced home. Local homes that are currently for sale include 11111 Wilmington Ave, 10501 Weigand Ave and 1022 Raymond Ave. While the average home in Long Beach, CA is selling in 62 days, 304 E 60Th St has a days on market of 20 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 304 E 60Th St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 304 E 60Th St

Public county record property details
Beds
5
Baths
2
Year built
1955
Sq. Ft.
1,882
Lot Size
5,605
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
7125-017-002

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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.