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38 W Home St, Long Beach, CA 90805
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38 W Home St Long Beach, CA 90805

$955,000 Sold Price as of 02/23/2022
  • 5 Beds
  • 4 Baths
  • 2,090 Sq.Ft.
Sold
$955,000 Sold Price as of 02/23/2022 Refinance Your Mortgage
Map preview of 38 W Home St, Long Beach, CA 90805

Property Overview: 38 W Home St Long Beach, CA has 5 bedrooms, 4 bathrooms, 2,090 living square feet and 9,099 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A Great Investment Opportunity!!! Don't miss out on this Well Maintained Triplex. Featuring a 3 bedroom 2 bath front house and two rear 1 bedroom 1 bath units. Low operating expenses with lots of upside potential in rents and long term tenants. No vacancy rate! 3 bedroom home Features spacious living room area with carpet flooring and fireplace. Additionally featuring spacious kitchen with attached dining area. Front Yard and Beautiful rear covered porch. The back two Units are 1 Bedroom, 1 Bathroom and quite cozy. In the middle of front house and back units features a storage room with laundry hook ups. Also next to this building is a two car garage that is currently being rented out for storage. Property Front house garage and back units also feature a New Roof, and fresh exterior painting. Lastly inside the units are very well maintained and cared for. Conveniently located near neighborhood schools, Shopping, restaurant's and 710 freeway. Just a short commute from Downtown Long Beach, Shorline vilage city beaches and all the amenities the city has to offer.

Listed by John Binder | BRE #01908284 | ReMax Tiffany Real Estate
Last checked: 8 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
9,099
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW22014105
City
Long Beach
County
Los Angeles
Time on Site
977 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 4
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,635
  • Total Rent: $1,635
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $965
  • Total Rent: $965
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $31,225
  • Gross Operating Income: --
  • # of Rented Garages: 1
  • Garage Rental Rate: $75
  • Garage Rental Income: $75
Annual Expense Breakdown
  • Total Operating Expense: $10,775
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $562
  • Insurance: $1,200
  • Professional Management: $2,919
  • Water/Sewer: $1,122

Property Details for 38 W Home St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Asphalt
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, See Remarks
Lot Information
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7132028028
  • 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
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Del Amo west of Long Beach b.l.v.d. to Virginia go north to home st. turn right property on the right end corner street.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 38 W Home St

Last sold for $955,000 on February 23rd, 2022

  • February, 2022

  • Feb 23, 2022

    Date

    Sold

    CRMLS: PW22014105

    $955,000

    Price

  • Jan 24, 2022

    Date

    Active

    CRMLS: PW22014105

    $939,000

    Price

Tax History for 38 W Home St

Assessed Value (2020): $164,541
Year Land Value Improved Value Assessed Value
2020 $76,666 $87,875 $164,541

Home Value Compared to the Market

This property vs the competition

38 W Home St sold on February 23, 2022 for 14.65% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $449.28 per/sqft which puts the price per square foot 28.46% lower than the current median sale per square foot for the city of Long Beach.

About 38 W Home St

Detailed summary of property

38 W Home St is a triplex that recently sold in Long Beach, CA 90805. This triplex offered 5 bedrooms, 4 bathrooms, roughly 2,090 living square feet, and sits on an approximately 9,099 square foot lot. 38 W Home St was first listed on ArdentRealEstateGroup.com on January 24, 2022. The homeowner sold the property for $955,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 14.65% higher than the current median priced home. Local homes that are currently for sale include 401 E 21st St, 2000 Pacific Ave and 1961 Pine Ave. While the average home in Long Beach, CA is selling in 65 days, 38 W Home St has a days on market of 14 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. For more information on this home for sale at 38 W Home 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 38 W Home St

Public county record property details
Beds
5
Baths
4
Year built
1958
Sq. Ft.
2,090
Lot Size
9,098
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7132-028-028

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
$685,000
Median List Price/Sq.Ft.
$534
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
94
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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