3734 Falcon Ave, Long Beach, CA 90807
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3734 Falcon Ave Long Beach, CA 90807

$1,242,000 Sold Price as of 06/04/2022
  • 4 Beds
  • 2.75 Baths
  • 2,293 Sq.Ft.
Sold
$1,242,000 Sold Price as of 06/04/2022 Refinance Your Mortgage

Map preview of 3734 Falcon Ave, Long Beach, CA 90807

Property Overview: 3734 Falcon Ave Long Beach, CA has 4 bedrooms, 2.75 bathrooms, 2,293 living square feet and 6,327 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3734 - 3734 1/2 Falcon Ave. is charming Craftsman style duplex located in the Historic California Heights neighborhood of Long Beach. Located on a spacious 6,327 SF lot, the front house is a 3 bedroom, 2 bathroom home, approximately 1,558 square feet, with large bedrooms, kitchen and living room. The font house features tons of natural light from the beautiful wood windows, hardwood floors, fireplace, and washer/dryer hook ups. The back unit is a spacious 1bd/1bth unit, approximately 735 square feet, that sits over 3 single car garages. Great opportunity to convert two, or even all 3 garages to an ADU, creating another unit and generating additional rental income. Large backyard between the two structures, perfect for outdoor bbq's and entertaining. New 100 AMP sub panel installed in the back unit garage. Long driveway that runs down the entire side of the house that can fit 3-4 cars. Property is separately metered and tenants pay their own utilities. Excellent Cal Heights location on a beautiful tree lined street. Perfect for investors or owner occupants alike!

Listed by Spencer Pabst | BRE #01849377 | Pabst, Kinney & Associates
Last checked: 2 minutes ago | Last updated: June 5th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,327
HOA Dues
$0/mo
Year built
1925
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22057824
City
Long Beach
County
Los Angeles
Time on Site
787 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: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $4,943
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,143
  • Total Rent: $3,143
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,316
  • Net Operating Income: $59,316
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Property Details for 3734 Falcon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7147004024
  • 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: California Heights (CH)
  • Directions: North of Wardlow Rd. South of Bixby Rd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 3734 Falcon Ave

Last sold for $1,242,000 on June 4th, 2022
  • March, 2022

  • Mar 23, 2022

    Date

    Active

    CRMLS: PW22057824

    $1,249,000

    Price

  • July, 2019

  • Jul 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $376,000

    Price

  • March, 1999

  • Mar 17, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3734 Falcon Ave

Assessed Value (2020): $555,685
Year Land Value Improved Value Assessed Value
2020 $322,434 $233,251 $555,685

Home Value Compared to the Market

This property vs the competition

3734 Falcon Ave sold on June 4, 2022 for 56.12% 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 $544.7 per/sqft which puts the price per square foot 13.81% lower than the current median sale per square foot for the city of Long Beach.

About 3734 Falcon Ave

Detailed summary of property

3734 Falcon Ave is a multi family that recently sold in Long Beach, CA 90807. This multi family property offered 4 bedrooms, 2.75 bathrooms, roughly 2,293 living square feet, and sits on an approximately 6,327 square foot lot. 3734 Falcon Ave was first listed on ArdentRealEstateGroup.com on March 23, 2022. The homeowner sold the property for $1,242,000. 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 56.12% higher than the current median priced home. Local homes that are currently for sale include 930 E 11th St, 1015 Dawson Ave and 2037 W Lincoln St. While the average home in Long Beach, CA is selling in 51 days, 3734 Falcon Ave has a days on market of 12 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 3734 Falcon Ave 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 3734 Falcon Ave

Public county record property details
Beds
5
Baths
3
Year built
1968
Sq. Ft.
2,293
Lot Size
6,327
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18,19
APN
7147-004-024

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.
$584
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
62
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.