4154 Norse Way, Long Beach, CA 90808
Image 2 for 4154 Norse Way, Long Beach, CA 90808
Image 3 for 4154 Norse Way, Long Beach, CA 90808
View Photos

4154 Norse Way Long Beach, CA 90808

$1,050,000 Sold Price as of 04/18/2024
  • -- Beds
  • -- Baths
  • 2,864 Sq.Ft.
Sold
$1,050,000 Sold Price as of 04/18/2024 Refinance Your Mortgage

Map preview of 4154 Norse Way, Long Beach, CA 90808

Property Overview: 4154 Norse Way Long Beach, CA has -- bedrooms, -- bathrooms, 2,864 living square feet and 4,857 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Looking for the perfect investment opportunity? Your search ends here! Introducing a prime 3-Unit Commercial Building nestled in the heart of Lakewood Village, Long Beach, CA. This is your chance to own a piece of the thriving business landscape in one of Long Beach's most coveted neighborhoods. Vibrant Lakewood Village, with high foot traffic and excellent visibility. 3 Individual Retail/Offices, with 5 Garages. Long Term Tenants month to month. Law office, Beauty shop and Accounting office. The building has been very well kept with long term owner.

Listed by James McCormick | BRE #00804012 | Real Broker
Last checked: 3 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
4,857
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW24036165
City
Long Beach
County
Los Angeles
Time on Site
78 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12474
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 4154
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,850
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 4156
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,765
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 4158
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,850
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $350
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $350
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 3
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $200
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,380
  • Net Operating Income: $57,113
  • Gross Operating Income: --
  • Vacancy Allowance: $1,850
Annual Expense Breakdown
  • Total Operating Expense: $19,267
  • Trash: $495
  • Insurance: $2,000
  • Maintenance: $1,537
  • Water/Sewer: $1,485

Property Details for 4154 Norse Way

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 12474
  • Parcel Number: 7182021002
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Lakewood Blvd & Carson St
View more facts & features

Local Long Beach Agent

Loading...

Sale History for 4154 Norse Way

Last sold for $1,050,000 on April 18th, 2024
  • April, 2024

  • Apr 18, 2024

    Date

    Sold

    CRMLS: PW24036165

    $1,050,000

    Price

  • Feb 21, 2024

    Date

    Active

    CRMLS: PW24036165

    $1,100,000

    Price

  • February, 2024

  • Feb 20, 2024

    Date

    Canceled

    CRMLS: PW24034897

    $1,100,000

    Price

  • Feb 19, 2024

    Date

    Active

    CRMLS: PW24034897

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Prime Lakewood Village commercial 3 Individual retail/office spaces, with 5 garages. Long term tenants, Law office, beauty shop and accounting office.

  • November, 1996

  • Nov 14, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4154 Norse Way

Assessed Value (2020): $78,848
Year Land Value Improved Value Assessed Value
2020 $46,149 $32,699 $78,848

Home Value Compared to the Market

This property vs the competition

4154 Norse Way sold on April 18, 2024 for 37.5% 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 $384.08 per/sqft which puts the price per square foot 39.23% lower than the current median sale per square foot for the city of Long Beach.

About 4154 Norse Way

Detailed summary of property

4154 Norse Way is a retail that recently sold in Long Beach, CA 90808. This retail property offered -- bedrooms, -- bathrooms, roughly 2,864 living square feet, and sits on an approximately 4,857 square foot lot. 4154 Norse Way was first listed on ArdentRealEstateGroup.com on February 21, 2024. The homeowner sold the property for $1,050,000. 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 37.5% higher than the current median priced home. Local homes that are currently for sale include 921 Crocker St #6, 4141 S Nogales St #B104 and 2393 E Washington Blvd. While the average home in Long Beach, CA is selling in 51 days, 4154 Norse Way has a days on market of 16 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 4154 Norse Way Long Beach, CA 90808 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 4154 Norse Way

Public county record property details
Beds
--
Baths
--
Year built
1936
Sq. Ft.
2,864
Lot Size
4,856
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7182-021-002

The source for these homes facts are from public records.

90808 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$673
Total Inventory
62
Median Sale to List Price %
97.44%
Avg Days on Market
17
Loan Type
Conventional (56.25%), FHA (0%), VA (0%), Cash (25%), Other (18.75%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.