3929 E 3rd St, Long Beach, CA 90814
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3929 E 3rd St Long Beach, CA 90814

$1,780,000 Sold Price as of 11/25/2020
  • 4 Beds
  • 6 Baths
  • 4,228 Sq.Ft.
Sold
$1,780,000 Sold Price as of 11/25/2020 Refinance Your Mortgage

Map preview of 3929 E 3rd St, Long Beach, CA 90814

Property Overview: 3929 E 3rd St Long Beach, CA has 4 bedrooms, 6 bathrooms, 4,228 living square feet and 6,753 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful & rarely on the market! 6 Unit Spanish Style building in the prestigious Belmont Heights area of Long Beach. Exceptionally well maintained property. This property offers 4 garages + extra parking spaces between the two buildings. Each of the front units are 1 bedroom, 1 baths, and there are 2 studio units in the back above the detached garages.

Listed by Linda Ethier | BRE #00669385 | Linda Ethier, Broker
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,753
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20183062
City
Long Beach
County
Los Angeles
Time on Site
1477 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # 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: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,593
  • Total Rent: $1,593
  • Pro Forma/Market Rent: $1,593
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,593
  • Total Rent: $1,593
  • Pro Forma/Market Rent: $1,593
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,593
  • Total Rent: $1,593
  • Pro Forma/Market Rent: $1,593
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $920
  • Total Rent: $920
  • Pro Forma/Market Rent: $920
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $101,808
  • Net Operating Income: $95,140
  • Gross Operating Income: --
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $6,668
  • Electric: $471
  • Gas/Fuel: $480
  • New Taxes: $23,000
  • Trash: $540
  • Insurance: $2,210
  • Professional Management: $3,600
  • Water/Sewer: $1,860

Property Details for 3929 E 3rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 7255022006
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: Termino South to 3rd St East
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 3929 E 3rd St

Last sold for $1,780,000 on November 25th, 2020
  • November, 2020

  • Nov 25, 2020

    Date

    Sold

    CRMLS: PW20183062

    $1,780,000

    Price

  • Nov 17, 2020

    Date

    Pending

    CRMLS: PW20183062

    $1,900,000

    Price

  • Sep 22, 2020

    Date

    Active Under Contract

    CRMLS: PW20183062

    $1,900,000

    Price

  • Sep 3, 2020

    Date

    Active

    CRMLS: PW20183062

    $1,900,000

    Price

  • November, 2020

  • Nov 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,760,000

    Price

  • January, 2015

  • Jan 9, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3929 E 3rd St

Assessed Value (2020): $1,407,118
Year Land Value Improved Value Assessed Value
2020 $989,043 $418,075 $1,407,118

Home Value Compared to the Market

This property vs the competition

3929 E 3rd St sold on November 25, 2020 for 131.99% 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 $449.39 per/sqft which puts the price per square foot 28.44% lower than the current median sale per square foot for the city of Long Beach.

About 3929 E 3rd St

Detailed summary of property

3929 E 3rd St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 4,228 living square feet, and sits on an approximately 6,753 square foot lot. 3929 E 3rd St was first listed on ArdentRealEstateGroup.com on September 3, 2020. The homeowner sold the property for $1,780,000. 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 131.99% higher than the current median priced home. Local homes that are currently for sale include 3041 E 5th St, 208 Park Ave and 179 Saint Joseph Ave. While the average home in Long Beach, CA is selling in 62 days, 3929 E 3rd St has a days on market of 11 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 3929 E 3rd St Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 3929 E 3rd St

Public county record property details
Beds
6
Baths
6
Year built
1923
Sq. Ft.
4,228
Lot Size
6,752
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
7255-022-006

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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.