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37 E 56th St, Long Beach, CA 90805
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37 E 56th St Long Beach, CA 90805

$575,000 Sold Price as of 07/12/2021
  • 3 Beds
  • 2 Baths
  • 1,290 Sq.Ft.
Sold
$575,000 Sold Price as of 07/12/2021 Refinance Your Mortgage
Map preview of 37 E 56th St, Long Beach, CA 90805

Property Overview: 37 E 56th St Long Beach, CA has 3 bedrooms, 2 bathrooms, 1,290 living square feet and 2,728 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A professionally managed duplex with stable tenants and a great access to 710, 405 and 91 freeways. The left unit is 1 bedroom and 1 bathroom and the right unit is 2 bedroom and 1 bathroom. Both units feature direct access garages with room for storage, laundry hookups in each garage, the left unit has a small private back yard and the right unit has a small private back patio. The 2 bedroom 1 bathroom unit was completely remodeled in 2018 with a new gas stove, quartz kitchen countertops, kitchen cabinets, vinyl flooring and bathroom vanity. The front of the property was updated recently with two-tone paint and drought resistant landscaping. The property is fenced in from the neighbors with cinderblock wall and other fencing materials for privacy and security and each unit has a separate lockable entrance gate. Strong income and low maintenance costs make this duplex a very attractive purchase. Buyer to cooperate with the Seller's 1031 exchange.

Listed by Mantas Kliminskas | BRE #01789491 | Buckingham Investments, Inc
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
2,728
HOA Dues
$0/mo
Year built
1956
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
SB21052612
City
Long Beach
County
Los Angeles
Time on Site
1168 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.64
  • Gross Scheduled Income: $37,080
  • Net Operating Income: $27,705
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $9,375
  • New Taxes: $7,250
  • Trash: $0
  • Insurance: $476
  • Professional Management: $2,966
  • Water/Sewer: $578

Property Details for 37 E 56th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Ceiling Fan(s)
  • Levels: One
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: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7126009009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Long Beach Blvd and 56th Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 37 E 56th St

Last sold for $575,000 on July 12th, 2021

  • July, 2021

  • Jul 12, 2021

    Date

    Sold

    CRMLS: SB21052612

    $575,000

    Price

  • Jun 10, 2021

    Date

    Pending

    CRMLS: SB21052612

    $580,000

    Price

  • Apr 25, 2021

    Date

    Active Under Contract

    CRMLS: SB21052612

    $580,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: SB21052612

    $580,000

    Price

  • May, 2017

  • May 19, 2017

    Date

    Sold (Public Records)

    Public Records

    $332,500

    Price

  • March, 2012

  • Mar 6, 2012

    Date

    Sold (Public Records)

    Public Records

    $224,000

    Price

Show More

Tax History for 37 E 56th St

Assessed Value (2020): $353,071
Year Land Value Improved Value Assessed Value
2020 $212,241 $140,830 $353,071

Home Value Compared to the Market

This property vs the competition

37 E 56th St sold on July 12, 2021 for 34.98% lower than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $449.61 per/sqft which puts the price per square foot 31.77% lower than the current median sale per square foot for the city of Long Beach.

About 37 E 56th St

Detailed summary of property

37 E 56th St is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,290 living square feet, and sits on an approximately 2,728 square foot lot. 37 E 56th St was first listed on ArdentRealEstateGroup.com on April 2, 2021. The homeowner sold the property for $575,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 34.98% lower than the current median priced home. Local homes that are currently for sale include 523 W 76th Street, 424 E 61st Street and 1549 E 53rd St. While the average home in Long Beach, CA is selling in 51 days, 37 E 56th St has a days on market of 21 days. There are currently 696 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 279 of them are condos and 20 are townhomes. For more information on this home for sale at 37 E 56th 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 37 E 56th St

Public county record property details
Beds
3
Baths
2
Year built
1956
Sq. Ft.
1,290
Lot Size
2,728
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8,9
APN
7126-009-009

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
$675,000
Median List Price/Sq.Ft.
$541
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
63
Median Sale to List Price %
101.45%
Avg Days on Market
17
Loan Type
Conventional (31.25%), FHA (31.25%), VA (0%), Cash (6.25%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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