320 E 59th St, Long Beach, CA 90805
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320 E 59th St Long Beach, CA 90805

$585,000 Sold Price as of 09/28/2020
  • 5 Beds
  • 2 Baths
  • 1,940 Sq.Ft.
Sold
$585,000 Sold Price as of 09/28/2020 Refinance Your Mortgage

Map preview of 320 E 59th St, Long Beach, CA 90805

Property Overview: 320 E 59th St Long Beach, CA has 5 bedrooms, 2 bathrooms, 1,940 living square feet and 5,921 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: RARE and GREAT opportunity for INCOME or INVESTMENT property! Two Houses in One Lot, detached buildings - DUPLEX that has been partially upgraded with new paint, new vinyl flooring, kitchen counter tops, interior doors, wall heater, etc. Property is comprised of FRONT house with 3 bedrooms and 1 bathroom, while the BACK house has 2 bedrooms and 1 bathroom. Attached Garage at Back House can accommodate 2 cars with an extra utility or storage room while the LONG DRIVEWAY can accommodate ADDITIONAL PARKING for 2 or 3 more cars. SOLD-As-Is and has been Well-Maintained with exciting possibilities for newer updates and potential to maximize space utilization. LOCATION is a few minutes to 91 & 710 Freeway, groceries, restaurants, malls, church, parks, etc. HURRY and DON'T MISS this AMAZING investment property!!!

Listed by Patria Caballero | BRE #01942801 | T.N.G Real Estate Consultants
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,921
HOA Dues
$0/mo
Year built
1910
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
RS20131829
City
Long Beach
County
Los Angeles
Time on Site
1505 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $15,420
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $15,300
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,320
  • Net Operating Income: $13,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,900
  • New Taxes: $4,821
  • Trash: $0
  • Insurance: $1,190

Property Details for 320 E 59th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7125025004
  • 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: North Long Beach (NLB)
  • Directions: Near Cross Streets are Atlantic Ave. and South St
Neighborhood Information
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 320 E 59th St

Last sold for $585,000 on September 28th, 2020
  • September, 2020

  • Sep 29, 2020

    Date

    Sold

    CRMLS: RS20131829

    $585,000

    Price

  • Aug 28, 2020

    Date

    Pending

    CRMLS: RS20131829

    $585,000

    Price

  • Aug 6, 2020

    Date

    Active Under Contract

    CRMLS: RS20131829

    $585,000

    Price

  • Aug 1, 2020

    Date

    Hold

    CRMLS: RS20131829

    $585,000

    Price

  • Jul 25, 2020

    Date

    Price Change

    CRMLS: RS20131829

    $585,000

    Price

  • Jul 20, 2020

    Date

    Active

    CRMLS: RS20131829

    $599,000

    Price

  • Jul 15, 2020

    Date

    Hold

    CRMLS: RS20131829

    $599,000

    Price

  • Jul 6, 2020

    Date

    Active

    CRMLS: RS20131829

    $599,000

    Price

  • September, 2020

  • Sep 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • July, 2020

  • Jul 3, 2020

    Date

    Expired

    CRMLS: RS20064186

    $599,000

    Price

  • Jul 2, 2020

    Date

    Active

    CRMLS: RS20064186

    $599,000

    Price

  • Jul 2, 2020

    Date

    Hold

    CRMLS: RS20064186

    $599,000

    Price

  • Jul 2, 2020

    Date

    Active

    CRMLS: RS20064186

    $599,000

    Price

  • Jun 11, 2020

    Date

    Active Under Contract

    CRMLS: RS20064186

    $599,000

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: RS20064186

    $599,000

    Price

  • Apr 14, 2020

    Date

    Active Under Contract

    CRMLS: RS20064186

    $599,000

    Price

  • Mar 28, 2020

    Date

    Active

    CRMLS: RS20064186

    $599,000

    Price

  • Mar 28, 2020

    Date

    Hold

    CRMLS: RS20064186

    $599,000

    Price

  • Mar 28, 2020

    Date

    Active

    CRMLS: RS20064186

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    BACK in the MARKET -this RARE and GREAT opportunity for INCOME or INVESTMENT property! Two Houses in One Lot, detached buildings - DUPLEX that has been partially upgraded with new paint, new vinyl flooring, kitchen counter tops, interior doors, wall heater, etc. Property is comprised of FRONT house with 3 bedrooms and 1 bathroom, while the BACK house has 2 bedrooms and 1 bathroom. Attached Garage at Back House can accommodate 2 cars with an extra utility or storage room while the LONG DRIVEWAY can accommodate ADDITIONAL PARKING for 2 or 3 more cars. SOLD-As-Is and has been Well-Maintained with exciting possibilities for newer updates and potential to maximize space utilization. LOCATION is a few minutes to 91 & 710 Freeway, groceries, restaurants, malls, church, parks, etc. HURRY and DON'T MISS this AMAZING investment property!!!

  • August, 2003

  • Aug 25, 2003

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 320 E 59th St

Assessed Value (2020): $374,456
Year Land Value Improved Value Assessed Value
2020 $196,676 $177,780 $374,456

Home Value Compared to the Market

This property vs the competition

320 E 59th St sold on September 28, 2020 for 28.57% 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 $301.55 per/sqft which puts the price per square foot 51.98% lower than the current median sale per square foot for the city of Long Beach.

About 320 E 59th St

Detailed summary of property

320 E 59th St is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 5 bedrooms, 2 bathrooms, roughly 1,940 living square feet, and sits on an approximately 5,921 square foot lot. 320 E 59th St was first listed on ArdentRealEstateGroup.com on August 6, 2020. The homeowner sold the property for $585,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 7805 Whitsett Ave, 1141 E 84th Pl and 516 W 109th St. While the average home in Long Beach, CA is selling in 62 days, 320 E 59th 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 320 E 59th 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 320 E 59th St

Public county record property details
Beds
5
Baths
2
Year built
1910
Sq. Ft.
1,940
Lot Size
5,920
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5,6
APN
7125-025-004

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.