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3690 Country Club Dr, Long Beach, CA 90807
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3690 Country Club Dr Long Beach, CA 90807

$1,725,000 Sold Price as of 10/18/2019
  • 12 Beds
  • 8 Baths
  • 4,864 Sq.Ft.
Sold
$1,725,000 Sold Price as of 10/18/2019 Refinance Your Mortgage
Map preview of 3690 Country Club Dr, Long Beach, CA 90807

Property Overview: 3690 Country Club Dr Long Beach, CA has 12 bedrooms, 8 bathrooms, 4,864 living square feet and 12,898 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this unbelievable investment property located in Long Beach. Situated on a rare, gated 12,898 sqft. island lot are (4) 3-bed/2 bath mid-century modern units each over 1,200 sqft. and (4) single car garages. The units are situated within (2) 2 story buildings with all units sharing the same floor plan. The 3692 Country Club building has recently had both units upgraded with newer countertops and laminate flooring while the 3690 Country Club building has newer countertops and carpeting. Both buildings have had their electrical systems upgraded and plumbing updated with full copper plumbing. The property generates extra monthly income from their on-site laundry area with (2) coin operated washers and (2) coin operated dryers as well. Over the past few years, Bixby Knolls has seen a huge amount of changes attracting businesses and people from all over. Bixby Knolls offers residents access to popular destinations such as Steelcraft, Bake and Broil and has recently attracted multiple breweries including Liberation Brew Co., Smog City Brewing, and Dutches Brewhouse to name a few. This property has never seen the open market and is an incredible opportunity for an investor and/or owner-user to own a rare trophy property in an area that is rapidly growing, with upward potential in the current rents.

Listed by Harrison Hyde | BRE #01924379 | Lyon Stahl Investment Real Est
Co-listed by John Stiegler II | BRE #01981597 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 51 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 85

Home details

Lot Sq. Ft
12,898
HOA Dues
$0/mo
Year built
1959
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19140959
City
Long Beach
County
Los Angeles
Time on Site
1386 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.23%
  • Gross Rent Multiplier: 16.16
  • Gross Scheduled Income: $111,360
  • Net Operating Income: $76,076
  • Gross Operating Income: --
  • Laundry Income: $100
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $31,943
  • New Taxes: $22,500
  • Trash: $2,400
  • Insurance: $1,702
  • Water/Sewer: $3,200

Property Details for 3690 Country Club Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Community, Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Center Hall, Kitchen, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Convection Oven, Gas Range
Interior Features
  • Balcony, Block Walls, Copper Plumbing Full, Formica Counters, Storage, Tile Counters, Unfurnished
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • Rain Gutters
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Parking Features: Assigned, Street
Lot Information
  • Lot Features: Landscaped, Lawn, Lot 10000-19999 Sqft, Flag Lot, Near Public Transit, Sprinkler System, Up Slope from Street, Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood, Trees/Woods
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7141018002
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Bixby Knolls (BK)
  • Other Subdivision Name: Virginia Country Club (VCC)
  • Directions: Country Club/ 37th St/ Cedar Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Golf, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 3690 Country Club Dr

Last sold for $1,725,000 on October 18th, 2019

  • October, 2019

  • Oct 19, 2019

    Date

    Sold

    CRMLS: PW19140959

    $1,725,000

    Price

  • Oct 7, 2019

    Date

    Pending

    CRMLS: PW19140959

    $1,750,000

    Price

  • Sep 8, 2019

    Date

    Active Under Contract

    CRMLS: PW19140959

    $1,750,000

    Price

  • Aug 21, 2019

    Date

    Price Change

    CRMLS: PW19140959

    $1,750,000

    Price

  • Jun 14, 2019

    Date

    Active

    CRMLS: PW19140959

    $1,800,000

    Price

  • October, 2019

  • Oct 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,725,000

    Price

  • February, 2018

  • Feb 28, 2018

    Date

    Leased

    CRMLS: PW18019713

    $2,295

    Price

  • Feb 19, 2018

    Date

    Price Change

    CRMLS: PW18019713

    $2,295

    Price

  • Feb 15, 2018

    Date

    Price Change

    CRMLS: PW18019713

    $2,395

    Price

  • Feb 2, 2018

    Date

    Price Change

    CRMLS: PW18019713

    $2,495

    Price

  • Jan 26, 2018

    Date

    Active

    CRMLS: PW18019713

    $2,695

    Price

  • Listing provided courtesy of CRMLS

    Great location, great property, great unit! Located in Los Cerritos/Bixby Knolls in a very quiet and secluded neighborhood. Short walk away from some great local restaurants and breweries and the new dining court Steel Craft. Close to parks and major public transit lines and very quick access to 405/710 freeways. The unit has beautiful brand new hardwood flooring through out. The kitchen has been updated and comes with all appliances seen in photos. There is an en suite master bathroom and three spacious bedrooms. Plenty of natural light in this unit. A detached one car garage and on site laundry room access is also included. A real charmer! Book your showing today!

  • August, 2004

  • Aug 27, 2004

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

Show More

Tax History for 3690 Country Club Dr

Assessed Value (2020): $1,725,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $825,000 $1,725,000

Home Value Compared to the Market

This property vs the competition

3690 Country Club Dr sold on October 18, 2019 for 118.75% 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 $359.79 per/sqft which puts the price per square foot 43.07% lower than the current median sale per square foot for the city of Long Beach.

About 3690 Country Club Dr

Detailed summary of property

3690 Country Club Dr is a fourplex that recently sold in Long Beach, CA 90807. This fourplex offered 12 bedrooms, 8 bathrooms, roughly 4,864 living square feet, and sits on an approximately 12,898 square foot lot. 3690 Country Club Dr was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,725,000. 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 118.75% higher than the current median priced home. Local homes that are currently for sale include 1377 Warren Ave, 219 E 10th St and 1000 E 10th St. While the average home in Long Beach, CA is selling in 53 days, 3690 Country Club Dr has a days on market of 85 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 3690 Country Club Dr Long Beach, CA 90807 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3690 Country Club Dr

Public county record property details
Beds
12
Baths
8
Year built
1959
Sq. Ft.
4,864
Lot Size
12,898
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
158
APN
7141-018-002

The source for these homes facts are from public records.

90807 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,159,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
61
Median Sale to List Price %
100%
Avg Days on Market
21
Loan Type
Conventional (50%), FHA (0%), VA (12.5%), Cash (25%), Other (8.33%)

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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.

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