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3918 Atlantic Ave, Long Beach, CA 90807
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3918 Atlantic Ave Long Beach, CA 90807

$3,175,000 Sold Price as of 10/02/2020
  • -- Beds
  • -- Baths
  • 12,000 Sq.Ft.
Sold
$3,175,000 Sold Price as of 10/02/2020 Refinance Your Mortgage
Map preview of 3918 Atlantic Ave, Long Beach, CA 90807

Property Overview: 3918 Atlantic Ave Long Beach, CA has -- bedrooms, -- bathrooms, 12,000 living square feet and 24,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: TROPHY ASSET LOCATED IN BIXBY KNOLLS Two (2) side by side freestanding commercial buildings FOR SALE with approx. 12,000 SF of building on approx. 24,810 SF of land, currently divided into 11 units with approx. 200 feet of frontage on Atlantic Ave. and approx. 34 parking spaces in the back of the building.Two (2) APN #'s - 7138-017-019 & 7138 -017-023 -Zoning = LBCNP

Listed by Hoyt Hochman | BRE #01211717 | Hoyt Hochman, Broker
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
24,810
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW20072581
City
Long Beach
County
Los Angeles
Time on Site
1518 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 11
  • Total # of Buildings: 2
  • # of Leased Units: 11
Unit Breakdown 1
  • # of Units: 11
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $237,600
  • Net Operating Income: $163,344
  • Gross Operating Income: --
  • Vacancy Allowance: $7,128
Annual Expense Breakdown
  • Total Operating Expense: $74,256
  • Insurance: $6,000
  • Maintenance: $7,200
  • Professional Management: $7,128
  • Water/Sewer: $2,400

Property Details for 3918 Atlantic Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 34
Lot Information
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 11
  • Parcel Number: 7138017019
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on Atlantic Ave. between Carson Street and Roosevelt Rd. in Bixby Knolls.
View more facts & features

Local Long Beach Agent

Sale History for 3918 Atlantic Ave

Last sold for $3,175,000 on October 2nd, 2020

  • October, 2020

  • Oct 16, 2020

    Date

    Sold

    CRMLS: PW20072581

    $3,175,000

    Price

  • Jun 23, 2020

    Date

    Active Under Contract

    CRMLS: PW20072581

    $3,700,000

    Price

  • Apr 13, 2020

    Date

    Active

    CRMLS: PW20072581

    $3,700,000

    Price

  • October, 2020

  • Oct 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $3,175,000

    Price

  • August, 2020

  • Aug 17, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3918 Atlantic Ave

Assessed Value (2020): $970,159
Year Land Value Improved Value Assessed Value
2020 $646,776 $323,383 $970,159

Home Value Compared to the Market

This property vs the competition

3918 Atlantic Ave sold on October 2, 2020 for 351.77% 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 $308.33 per/sqft which puts the price per square foot 50.9% lower than the current median sale per square foot for the city of Long Beach.

About 3918 Atlantic Ave

Detailed summary of property

3918 Atlantic Ave is a retail that recently sold in Long Beach, CA 90807. This retail property offered -- bedrooms, -- bathrooms, roughly 12,000 living square feet, and sits on an approximately 24,810 square foot lot. 3918 Atlantic Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $3,175,000. 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 351.77% higher than the current median priced home. While the average home in Long Beach, CA is selling in 61 days, 3918 Atlantic Ave has a days on market of 70 days. There are currently 778 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 337 of them are condos and 22 are townhomes. For more information on this home for sale at 3918 Atlantic 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 3918 Atlantic Ave

Public county record property details
Beds
--
Baths
--
Year built
1941
Sq. Ft.
5,887
Lot Size
12,271
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
19,20
APN
7138-017-019

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
$959,900
Median List Price/Sq.Ft.
$613
Median Sold Price
$1,055,000
Median Sold Price/Sq.Ft.
$579
Total Inventory
78
Median Sale to List Price %
100.48%
Avg Days on Market
14
Loan Type
Conventional (54.55%), FHA (0%), VA (4.55%), Cash (9.09%), Other (22.73%)

Thinking of Selling?

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(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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