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3356 E 1st St Long Beach, CA 90803

$1,884,500 Sold Price as of 03/25/2019

-- Beds
-- Baths
4,722 Sq.Ft.

Sold

$1,884,500 Sold Price as of 03/25/2019 Refinance Your Mortgage

Map preview of 3356 E 1st St, Long Beach, CA 90803

Property Overview: 3356 E 1st St Long Beach, CA has -- bedrooms, -- bathrooms, 4,722 living square feet and 9,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: is pleased to present 3356 East 1st Street, a unique 6-unit apartment building located in non-rent controlled Long Beach, CA. This is a rare value-add investment opportunity one block from Ocean Boulevard. The property consists of three separate structures on a large, 9,627 square foot lot. The front building is a 1,910 square-foot 3-bed/2-bath house built in 1920. Behind the house and separated by a spacious courtyard, there is a 2,488 square-foot fourplex consisting of two 1-bed/1-bath units and two studio units.* The sixth unit is a studio unit located above two detached garages on the east side of the lot. In addition to the detached garages, there are five garages attached to the fourplex located in the back of the property, facing the alley.

Listed by John Levis | BRE #01886278 | CBRE Inc.

Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft: 9,621
HOA Dues: $0/mo
Year built: 1924
Garage: 7 Car
Property Type:: Multi Family

Status: Sold
MLS#: SB19034767
City: Long Beach
County: Los Angeles
Time on Site: 1396 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 3
# of Electric Meters: 7
# of Gas Meters: 7
# of Water Meters: 1

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $36,540
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $42,827
Electric: $0
Gas/Fuel: $0
New Taxes: $23,939
Trash: $0
Gardener: $1,000
Insurance: $1,888
Maintenance: $3,900
Professional Management: $5,500
Water/Sewer: $4,800

Property Details for 3356 E 1st St

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 7
# of Parking Spaces: 7

Lot Information

Lot Features: Front Yard, Garden
Lot Size Source: Assessor

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 6
Parcel Number: 7264014009
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: Belmont Heights (BH)
Directions: 1st & Redondo Ave.

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Long Beach Agent

Sale History for 3356 E 1st St

Last sold for $1,884,500 on March 25th, 2019

August, 2019
Aug 15, 2019

Date

Canceled

CRMLS: PW19120024

$3,695

Price
Jun 24, 2019

Date

Withdrawn

CRMLS: PW19120024

$3,695

Price
May 30, 2019

Date

Price Change

CRMLS: PW19120024

$3,695

Price
May 22, 2019

Date

Active

CRMLS: PW19120024

$3,895

Price
Listing provided courtesy of CRMLS

This Beautiful & Elegant Home was built in 1920 and is located in one of the most desirable areas in Long Beach, just steps away from the sands of the Bluff Park Beach, The home sits on a lot shared with a small apartment building and features a detached 2 car garage, and a shared garden and patio area. Original hardwood floors are found throughout the home on both the first and 2nd floors, with freshly painted walls. The main living room boasts a large fireplace and a lovely garden view, and is connected to the formal dining room with a built in buffet. The kitchen features tiled counters, a large pantry, a stove, dishwasher and room for a stack washer/dryer. There is also a large breakfast room off the kitchen. Two large bedrooms share a large hallway bathroom, and the master bedroom is found upstairs with a en-suite bath and a small retreat, perfect for a small office or nursery. Located near Ocean Blvd., and Redondo Ave.

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March, 2019
Mar 25, 2019

Date

Sold

CRMLS: SB19034767

$1,884,500

Price
Mar 14, 2019

Date

Pending

CRMLS: SB19034767

$1,900,000

Price
Feb 14, 2019

Date

Active

CRMLS: SB19034767

$1,900,000

Price
March, 2019
Mar 22, 2019

Date

Sold (Public Records)

Public Records

$1,884,500

Price
January, 2012
Jan 24, 2012

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3356 E 1st St

Assessed Value (2020): $1,922,690

Year	Land Value	Improved Value	Assessed Value
2020	$1,020,000	$902,690	$1,922,690

Home Value Compared to the Market

This property vs the competition

3356 E 1st St sold on March 25, 2019 for 137.5% 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 $402.37 per/sqft which puts the price per square foot 36.33% lower than the current median sale per square foot for the city of Long Beach.

About 3356 E 1st St

Detailed summary of property

3356 E 1st St is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered -- bedrooms, -- bathrooms, roughly 4,722 living square feet, and sits on an approximately 9,621 square foot lot. 3356 E 1st St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,884,500. 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 137.5% higher than the current median priced home. Local homes that are currently for sale include 102 La Verne Ave, 1050 Molino Ave and 1102 Termino Ave. While the average home in Long Beach, CA is selling in 51 days, 3356 E 1st St has a days on market of 33 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 3356 E 1st St Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3356 E 1st St

Public county record property details

Beds: 8
Baths: 6
Year built: 1924
Sq. Ft.: 4,722
Lot Size: 9,621
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 7264-014-009

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,499,980

Median List Price/Sq.Ft.

$856

Median Sold Price

$1,600,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

113

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

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Homes for Sale Near 3356 E 1st St

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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.