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4117 E Theresa St Long Beach, CA 90814

$1,190,000 Sold Price as of 07/22/2021

5 Beds
3 Baths
2,397 Sq.Ft.

Sold

$1,190,000 Sold Price as of 07/22/2021 Refinance Your Mortgage

Map preview of 4117 E Theresa St, Long Beach, CA 90814

Property Overview: 4117 E Theresa St Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,397 living square feet and 6,152 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exceptional investment opportunity to own two spacious detached units in the coveted community of Belmont Heights just moments from Long Beach City Beach. Introduced by a sprawling front yard, this duplex is located within a pristine school district and offers exceptional income opportunity just minutes to dinning, shopping, and entertainment. Detached with ample outdoor space, the front unit includes two bedrooms, one bathroom, spacious living area with a fireplace, laundry hookup in kitchen, and an attached two-car garage. The back unit hosts three bedrooms including a large master suite, two bathrooms, a den, and laundry room. Presenting the option to live in one unit, and rent out the other, the residence provides great income potential! Paired with an unbeatable location and plenty of room for entertainment, 4115 and 4117 E Theresa St is an offering not to be missed.

Listed by Andrew Carter | BRE #01907002 | Realty Source Inc.
Co-listed by Tim Smith | BRE #01346878 | Coldwell Banker Realty

Last checked: 14 minutes ago | Last updated: January 10th, 2024 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft: 6,152
HOA Dues: $0/mo
Year built: 1921
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW21092448
City: Long Beach
County: Los Angeles
Time on Site: 1225 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: 3
# of Baths: 2
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $3,500
Total Rent: $3,500
Pro Forma/Market Rent: $3,800

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,800

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $42,000
Net Operating Income: $42,000
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $4,000
New Taxes: $4,600
Trash: $400
Insurance: $2,100

Property Details for 4117 E Theresa St

Interior Features

Heating Information

Has Heating
Central

Laundry Information

Has Laundry
In Kitchen, Upper Level, See Remarks

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: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 7254028023
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: Belmont Heights (BH)
Directions: Belmont Heights

Neighborhood Information

Community Features: Biking

View more facts & features

Local Long Beach Agent

Sale History for 4117 E Theresa St

Last sold for $1,190,000 on July 22nd, 2021

July, 2021
Jul 23, 2021

Date

Sold

CRMLS: PW21092448

$1,190,000

Price
Jul 11, 2021

Date

Active Under Contract

CRMLS: PW21092448

$1,150,000

Price
Jun 29, 2021

Date

Pending

CRMLS: PW21092448

$1,150,000

Price
Jun 12, 2021

Date

Active Under Contract

CRMLS: PW21092448

$1,150,000

Price
Jun 7, 2021

Date

Price Change

CRMLS: PW21092448

$1,150,000

Price
Jun 6, 2021

Date

Active

CRMLS: PW21092448

$1,250,000

Price
Jun 5, 2021

Date

Active Under Contract

CRMLS: PW21092448

$1,250,000

Price
May 28, 2021

Date

Price Change

CRMLS: PW21092448

$1,250,000

Price
May 17, 2021

Date

Price Change

CRMLS: PW21092448

$1,295,000

Price
May 16, 2021

Date

Active

CRMLS: PW21092448

$1,300,000

Price
May 16, 2021

Date

Active Under Contract

CRMLS: PW21092448

$1,300,000

Price
May 1, 2021

Date

Active

CRMLS: PW21092448

$1,300,000

Price
May, 2021
May 1, 2021

Date

Canceled

CRMLS: NP21071492

$1,300,000

Price
Apr 7, 2021

Date

Active

CRMLS: NP21071492

$1,300,000

Price
Listing provided courtesy of CRMLS
May, 2007
May 18, 2007

Date

Sold (Public Records)

Public Records

$795,000

Price
May, 2007
May 18, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4117 E Theresa St

Assessed Value (2020): $985,452

Year	Land Value	Improved Value	Assessed Value
2020	$637,030	$348,422	$985,452

Home Value Compared to the Market

This property vs the competition

4117 E Theresa St sold on July 22, 2021 for 40.42% 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 $479.77 per/sqft which puts the price per square foot 23.6% lower than the current median sale per square foot for the city of Long Beach.

About 4117 E Theresa St

Detailed summary of property

4117 E Theresa St is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,397 living square feet, and sits on an approximately 6,152 square foot lot. 4117 E Theresa St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,190,000. 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 40.42% higher than the current median priced home. Local homes that are currently for sale include 2030 E Spaulding Way, 1746 E Florida St and 436 Gaviota Ave. While the average home in Long Beach, CA is selling in 62 days, 4117 E Theresa St has a days on market of 41 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 4117 E Theresa 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 4117 E Theresa St

Public county record property details

Beds: 5
Baths: 3
Year built: 1921
Sq. Ft.: 2,397
Lot Size: 6,151
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 21
APN: 7254-028-023

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

Median Sale to List Price %

106.54%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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.