316 Ximeno Ave, Long Beach, CA 90814
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316 Ximeno Ave Long Beach, CA 90814

$1,200,000 Sold Price as of 10/08/2021
  • 4 Beds
  • 4 Baths
  • 2,779 Sq.Ft.
Sold
$1,200,000 Sold Price as of 10/08/2021 Refinance Your Mortgage

Map preview of 316 Ximeno Ave, Long Beach, CA 90814

Property Overview: 316 Ximeno Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,779 living square feet and 6,502 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Matthew Levis | BRE #01900634 | CBRE, Inc.
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,502
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21770634
City
Long Beach
County
Los Angeles
Time on Site
1002 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,412
  • Total Rent: $1,412
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,412
  • Total Rent: $1,412
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.13
  • Gross Scheduled Income: --
  • Net Operating Income: $72,102
  • Gross Operating Income: $96,030
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 316 Ximeno Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 7250004009
Location / Neighborhood
Location Information
  • Directions: 3rd and Ximeno Ave
View more facts & features

Local Long Beach Agent

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Sale History for 316 Ximeno Ave

Last sold for $1,200,000 on October 8th, 2021
  • August, 2021

  • Aug 21, 2021

    Date

    Pending

    CRMLS: 21770634

    $1,300,000

    Price

  • Aug 9, 2021

    Date

    Active

    CRMLS: 21770634

    $1,300,000

    Price

Tax History for 316 Ximeno Ave

Assessed Value (2020): $475,745
Year Land Value Improved Value Assessed Value
2020 $285,331 $190,414 $475,745

Home Value Compared to the Market

This property vs the competition

316 Ximeno Ave sold on October 8, 2021 for 62.5% 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 $467.79 per/sqft which puts the price per square foot 25.98% lower than the current median sale per square foot for the city of Long Beach.

About 316 Ximeno Ave

Detailed summary of property

316 Ximeno Ave is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,779 living square feet, and sits on an approximately 6,502 square foot lot. 316 Ximeno Ave was first listed on ArdentRealEstateGroup.com on August 9, 2021. The homeowner sold the property for $1,200,000. 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 62.5% higher than the current median priced home. Local homes that are currently for sale include 930 E 11th St, 1967 Atlantic Ave and 1044 Cedar Ave. While the average home in Long Beach, CA is selling in 53 days, 316 Ximeno Ave has a days on market of 11 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 316 Ximeno Ave Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 316 Ximeno Ave

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
2,779
Lot Size
6,501
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7250-004-009

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$793,676
Median List Price/Sq.Ft.
$642
Median Sold Price
$845,566
Median Sold Price/Sq.Ft.
$582
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

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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.