4036 E Vermont St, Long Beach, CA 90814
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4036 E Vermont St Long Beach, CA 90814

$1,255,000 Sold Price as of 04/08/2022
  • 4 Beds
  • 2 Baths
  • 1,667 Sq.Ft.
Sold
$1,255,000 Sold Price as of 04/08/2022 Refinance Your Mortgage

Map preview of 4036 E Vermont St, Long Beach, CA 90814

Property Overview: 4036 E Vermont St Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,667 living square feet and 6,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: VALUE-ADD DEVELOPMENT OPPORTUNITY IN BELMONT HEIGHTS. DO NOT WALK ON THE PROPERTY OR DISTURB OCCUPANT WITHOUT AN AGENT PRESENT. THANK YOU. Located in one of the premier, stabilized sub-markets of Long Beach, this 2 unit property consists of the original 1928 2BR 1BA front house bungalow (with original foundation replaced in 2020), currently rented at $2195 per month on a month-to-month lease. The 2BR 1 BA back house was built in 1958 on a concrete slab and is freshly painted with laminate wood flooring. Private yard spaces for both units and 2 single-car garages. Large 6751 SF lot is zoned "DUPLEX" and may be eligible for an additional two ADU units. Interested buyers may find more information on the City of Long Beach web site Development Services page. See supplements for more information on ADU projects. This property is well-maintained and in a prime area of Long Beach, close to parks, schools, shopping, public transportation and less than 8 blocks to the beach.

Listed by Randy Smith | BRE #00857343 | smithREgroup
Co-listed by Jacob McFarland | BRE #02131126 | smithREgroup
Last checked: 7 minutes ago | Last updated: April 9th, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,751
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW22036828
City
Long Beach
County
Los Angeles
Time on Site
803 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,595
  • Net Operating Income: $2,955
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,640
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 4036 E Vermont St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
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: Landscaped, Lawn, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7255020005
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: West of Ximeno between 3rd and 4th Streets
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 4036 E Vermont St

Last sold for $1,255,000 on April 8th, 2022
  • April, 2022

  • Apr 9, 2022

    Date

    Sold

    CRMLS: PW22036828

    $1,255,000

    Price

  • Mar 24, 2022

    Date

    Pending

    CRMLS: PW22036828

    $1,255,000

    Price

  • Mar 9, 2022

    Date

    Active Under Contract

    CRMLS: PW22036828

    $1,255,000

    Price

  • Mar 9, 2022

    Date

    Price Change

    CRMLS: PW22036828

    $1,255,000

    Price

Tax History for 4036 E Vermont St

Assessed Value (2020): $384,802
Year Land Value Improved Value Assessed Value
2020 $229,593 $155,209 $384,802

Home Value Compared to the Market

This property vs the competition

4036 E Vermont St sold on April 8, 2022 for 56.88% 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 $752.85 per/sqft which puts the price per square foot 19.12% higher than the current median sale per square foot for the city of Long Beach.

About 4036 E Vermont St

Detailed summary of property

4036 E Vermont St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,667 living square feet, and sits on an approximately 6,751 square foot lot. 4036 E Vermont St was first listed on ArdentRealEstateGroup.com on March 2, 2022. The homeowner sold the property for $1,255,000. 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 56.88% higher than the current median priced home. Local homes that are currently for sale include 1967 Atlantic Ave, 1044 Cedar Ave and 1971 Locust Ave. While the average home in Long Beach, CA is selling in 51 days, 4036 E Vermont St has a days on market of 7 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 4036 E Vermont 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 4036 E Vermont St

Public county record property details
Beds
4
Baths
2
Year built
1928
Sq. Ft.
1,667
Lot Size
6,750
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
7255-020-005

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
$789,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$845,566
Median Sold Price/Sq.Ft.
$582
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
33
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (42.86%)

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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.