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

$650,000 Sold Price as of 04/22/2020
  • 3 Beds
  • 2 Baths
  • 1,340 Sq.Ft.
Sold
$650,000 Sold Price as of 04/22/2020 Refinance Your Mortgage
Map preview of 325 E 59th St, Long Beach, CA 90805

Property Overview: 325 E 59th St Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,340 living square feet and 5,868 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunity knocks at this 2 on a lot duplex. Located in the up and coming North Long Beach area surrounded by shopping, schools, parks, and centrally located to the 405, 710, and 91 freeway for access to anywhere you want to go. First unit is a recently remodeled 2 bedroom 1 bath house with it's own private backyard and garage. Back unit is a 1 bedroom one bath with a small bonus room in the rear. This unit also boasts it's own private backyard area giving the feel of 2 separate homes on the lot. Great opportunity to live in one unit while collecting rent on the other.

Listed by Michael Torres | BRE #01469202 | On The Move Realty
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
5,868
HOA Dues
$0/mo
Year built
1926
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20023190
City
Long Beach
County
Los Angeles
Time on Site
1407 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: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,800
  • Net Operating Income: $37,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,600
  • New Taxes: $0
  • Trash: $250
  • Insurance: $960
  • Water/Sewer: $2,400

Property Details for 325 E 59th St

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
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: 7125022013
  • 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: Atlantic
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 325 E 59th St

Last sold for $650,000 on April 22nd, 2020

  • April, 2020

  • Apr 24, 2020

    Date

    Sold

    CRMLS: PW20023190

    $650,000

    Price

  • Mar 9, 2020

    Date

    Pending

    CRMLS: PW20023190

    $659,000

    Price

  • Feb 1, 2020

    Date

    Active

    CRMLS: PW20023190

    $659,000

    Price

  • April, 2020

  • Apr 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • June, 2019

  • Jun 4, 2019

    Date

    Leased

    CRMLS: PW19112912

    $2,150

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: PW19112912

    $2,150

    Price

  • Listing provided courtesy of CRMLS

    Cute and Cozy 2bd + 1 bath Front Unit. North Long Beach Duplex. Remolded ready to move in. New Kitchen counters and Flooring throughout with fireplace. New double pane windows and new wall heater. Own garage with drive way for parking and a nice private backyard for those barbecue days. Nice Dessert friendly landscape. Washer and Dryer hook ups.

  • May, 2019

  • May 1, 2019

    Date

    Sold

    CRMLS: PW19062922

    $545,000

    Price

  • Mar 21, 2019

    Date

    Pending

    CRMLS: PW19062922

    $545,000

    Price

  • Mar 21, 2019

    Date

    Active

    CRMLS: PW19062922

    $545,000

    Price

  • Listing provided courtesy of CRMLS

    Great Long Beach Duplex in a good area. Two separate houses with private yards. Front unit features 2 bedrooms 1 bathroom, rear unit features 1 bedroom 1 bathroom.

  • May, 2019

  • May 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $545,000

    Price

Show More

Tax History for 325 E 59th St

Assessed Value (2020): $555,900
Year Land Value Improved Value Assessed Value
2020 $306,000 $249,900 $555,900

Home Value Compared to the Market

This property vs the competition

325 E 59th St sold on April 22, 2020 for 17.62% lower 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 $491.79 per/sqft which puts the price per square foot 22.18% lower than the current median sale per square foot for the city of Long Beach.

About 325 E 59th St

Detailed summary of property

325 E 59th St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,340 living square feet, and sits on an approximately 5,868 square foot lot. 325 E 59th St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $650,000. 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 17.62% lower than the current median priced home. Local homes that are currently for sale include 9534 Grape St, 752 E Lanzit Ave and 210 E 120th St. While the average home in Long Beach, CA is selling in 51 days, 325 E 59th St has a days on market of 37 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 325 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 325 E 59th St

Public county record property details
Beds
3
Baths
2
Year built
1926
Sq. Ft.
1,340
Lot Size
5,867
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23,24
APN
7125-022-013

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
$699,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
63
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

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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.

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