332 W 9Th St, Long Beach, CA 90813
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332 W 9Th St Long Beach, CA 90813

$1,200,000
  • 8 Beds
  • 4 Baths
  • 3,372 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified

Map preview of 332 W 9Th St, Long Beach, CA 90813

Property Overview: 332 W 9Th St Long Beach, CA has 8 bedrooms, 4 bathrooms, 3,372 living square feet and 2,503 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: Historic Willmore District building with upgraded kitchens and baths, walk-in closets, refinished hardwood floors and private laundry facilities in every unit. Separately metered gas and electric meters paid by tenants. State assembly bill 1482 currently allows rent to be increased by the CPI 3.9%+ 5%= 8.9% so there is upside potential on the rental income too! 2 units are under lease and 2 on month to month tenancy.

Listed by Ronald Werner | BRE #00705989 | Vista Sotheby’s International Realty
Last checked: 8 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
2,503
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SB24181650
City
Long Beach
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,780
  • Total Rent: $1,780
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.8
  • Gross Scheduled Income: $87,240
  • Net Operating Income: $78,509
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,051
  • Trash: $0
  • Insurance: $1,839
  • Maintenance: $1,339
  • Water/Sewer: $0
  • Other Expenses: $2,459
  • Other Expense Description: utility

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Property Details for 332 W 9Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Balcony
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7272014002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Willmore District (WM)
  • Directions: Cross Street Chestnut Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 332 W 9Th St

Last sold for $760,000 on June 27th, 2016
  • September, 2024

  • Sep 3, 2024

    Date

    Canceled

    CRMLS: SB24107727

    $1,200,000

    Price

  • Jun 5, 2024

    Date

    Active

    CRMLS: SB24107727

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Classic styled 4-unit building in the historic Willmore District. All the apartments have been updated and feature shared front and rear balconies, upgraded kitchens and baths, built-ins aplenty, refinished hardwood floors and private laundry facilities. Ample storage is ensured with multiple walk-in closets in every unit. Separate gas and electric meters for each unit. Long Beach is controlled by state assembly bill 1482 where rents can be increased by the CPI 3.9%+ 5%= 8.9% effective Aug 1, 2024 so there is upside potential on the rental income!

  • September, 2024

  • Sep 3, 2024

    Date

    Active

    CRMLS: SB24181650

    $1,200,000

    Price

  • June, 2016

  • Jun 27, 2016

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • April, 2011

  • Apr 4, 2011

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

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Tax History for 332 W 9Th St

Assessed Value (2020): $822,966
Year Land Value Improved Value Assessed Value
2020 $573,688 $249,278 $822,966

Home Value Compared to the Market

This property vs the competition

332 W 9Th St is listed 53.85% 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 $355.87 per/sqft which puts the price per square foot 44.91% lower than the median price per square foot for the city of Long Beach.

About 332 W 9Th St

Detailed summary of property

332 W 9Th St is a apartment located in Long Beach, CA 90813 and is currently for sale. This apartment offers 8 bedrooms, 4 bathrooms, roughly 3,372 living square feet, and sits on an approximately 2,503 square foot lot. 332 W 9Th St was first listed on ArdentRealEstateGroup.com on September 3, 2024. The homeowner is currently asking $1,200,000. 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 53.85% higher than the median priced home. Local competing homes currently for sale include 2165 Earl Ave, 2175 Earl Ave and 2223 Locust. While the average home in Long Beach, CA is selling in 62 days, 332 W 9Th St has a days on market of 2 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 332 W 9Th St Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 332 W 9Th St

Public county record property details
Beds
8
Baths
4
Year built
1925
Sq. Ft.
3,372
Lot Size
2,502
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7272-014-002

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
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.