321 W Hill St, Long Beach, CA 90806
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321 W Hill St Long Beach, CA 90806

$2,088,000
  • 10 Beds
  • 6 Baths
  • 5,504 Sq.Ft.
For Sale
$2,088,000 Get Pre-Qualified

Map preview of 321 W Hill St, Long Beach, CA 90806

Property Overview: 321 W Hill St Long Beach, CA has 10 bedrooms, 6 bathrooms, 5,504 living square feet and 6,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located in the Historic South Wrigley Neighborhood, this beautifully restored Spanish Revival complex features a fantastic mix of units, including four (1,000 Sq. Ft.) spacious 2-bedroom/1-bath and two (752 Sq. Ft.) 1-bedroom/1-bath residences. The property boasts modern upgrades with all-new electrical panels and copper plumbing, complemented by a dedicated laundry room and garages. The units are notably large, offering generous living spaces. Additionally, the property comes with the advantage of ASSUMABLE FINANCING at a favorable 3.20% rate.

Listed by Pat Swanson | BRE #01382974 | Pat Swanson
Last checked: 10 minutes ago | Last updated: September 1st, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,500
HOA Dues
$0/mo
Year built
1932
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
OC24178609
City
Long Beach
County
Los Angeles
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $2,050
  • Total Rent: --
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,800
  • Total Rent: --
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $144,384
  • Net Operating Income: $98,420
  • Gross Operating Income: --
  • Vacancy Allowance: $4,287
Annual Expense Breakdown
  • Total Operating Expense: $41,678
  • Electric: $300
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $4,817
  • Professional Management: $0
  • Water/Sewer: $1,800

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Property Details for 321 W Hill St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 7205022012
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
Location / Neighborhood
Location Information
  • Directions: Google
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks
View more facts & features

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Sale History for 321 W Hill St

Last sold for $410,000 on September 3rd, 2002
  • September, 2024

  • Sep 1, 2024

    Date

    Active

    CRMLS: OC24178609

    $2,088,000

    Price

  • September, 2002

  • Sep 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

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Tax History for 321 W Hill St

Assessed Value (2020): $542,954
Year Land Value Improved Value Assessed Value
2020 $145,666 $397,288 $542,954

Home Value Compared to the Market

This property vs the competition

321 W Hill St is listed 167.69% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $379.36 per/sqft which puts the price per square foot 41.28% lower than the median price per square foot for the city of Long Beach.

About 321 W Hill St

Detailed summary of property

321 W Hill St is a apartment located in Long Beach, CA 90806 and is currently for sale. This apartment offers 10 bedrooms, 6 bathrooms, roughly 5,504 living square feet, and sits on an approximately 6,500 square foot lot. 321 W Hill St was first listed on ArdentRealEstateGroup.com on August 28, 2024. The homeowner is currently asking $2,088,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 167.69% higher than the median priced home. Local competing homes currently for sale include 1004 E 5th St, 1724 Cherry Ave and 1512 N Stanton Pl. While the average home in Long Beach, CA is selling in 62 days, 321 W Hill St has a days on market of 17 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 321 W Hill St 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 321 W Hill St

Public county record property details
Beds
10
Baths
6
Year built
1932
Sq. Ft.
5,504
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
7205-022-012

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
$749,900
Median List Price/Sq.Ft.
$531
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
20
Median Sale to List Price %
100%
Avg Days on Market
36
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.