324 E 19th St, Long Beach, CA 90806
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324 E 19th St Long Beach, CA 90806

$900,000 Sold Price as of 04/26/2021
  • 6 Beds
  • 6 Baths
  • 2,520 Sq.Ft.
Sold
$900,000 Sold Price as of 04/26/2021 Refinance Your Mortgage

Map preview of 324 E 19th St, Long Beach, CA 90806

Property Overview: 324 E 19th St Long Beach, CA has 6 bedrooms, 6 bathrooms, 2,520 living square feet and 5,769 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 1920’s construction property consists of two buildings (3 units each) facing a common courtyard. Alleyways on the west and south sides of the property access gated parking for up to 5 cars. Long term tenants are paying significantly under market rents. Newer condo complex next door and newer apartments across the street. Please drive by only. Do not go on the property. Tenants are unaware of the sale.

Listed by Geoff McIntosh | BRE #00966266 | Coldwell Banker Coastal Alliance
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
5,769
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW21038909
City
Long Beach
County
Los Angeles
Time on Site
1177 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 6
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $835
  • Total Rent: $835
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $568
  • Total Rent: $568
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $567
  • Total Rent: $567
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $835
  • Total Rent: $835
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,460
  • Net Operating Income: $31,491
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $21,969
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $400
  • New Taxes: $11,875
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $1,200
  • Insurance: $1,862
  • Maintenance: $3,614
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $5,670

Property Details for 324 E 19th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Levels: One
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 6
  • Parcel Number: 7209008027
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: Atlantic Ave to 19th Street then east to 324
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

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Sale History for 324 E 19th St

Last sold for $900,000 on April 26th, 2021
  • April, 2021

  • Apr 27, 2021

    Date

    Sold

    CRMLS: PW21038909

    $900,000

    Price

  • Mar 1, 2021

    Date

    Pending

    CRMLS: PW21038909

    $949,900

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: PW21038909

    $949,900

    Price

Tax History for 324 E 19th St

Assessed Value (2020): $230,694
Year Land Value Improved Value Assessed Value
2020 $130,535 $100,159 $230,694

Home Value Compared to the Market

This property vs the competition

324 E 19th St sold on April 26, 2021 for 18.74% 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 $376.94 per/sqft which puts the price per square foot 40.36% lower than the current median sale per square foot for the city of Long Beach.

About 324 E 19th St

Detailed summary of property

324 E 19th St is a mixed use that recently sold in Long Beach, CA 90806. This mixed use property offered 6 bedrooms, 6 bathrooms, roughly 2,520 living square feet, and sits on an approximately 5,769 square foot lot. 324 E 19th St was first listed on ArdentRealEstateGroup.com on February 25, 2021. The homeowner sold the property for $900,000. 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 18.74% higher than the current median priced home. Local homes that are currently for sale include 1027 E 22nd St, 3236 E 5th St and 1318 W Commonwealth Ave. While the average home in Long Beach, CA is selling in 51 days, 324 E 19th St has a days on market of 5 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 324 E 19th 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 324 E 19th St

Public county record property details
Beds
6
Baths
6
Year built
1921
Sq. Ft.
2,520
Lot Size
5,768
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
7209-008-027

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
$795,000
Median List Price/Sq.Ft.
$614
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
13
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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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.