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418 E Market St Long Beach, CA 90805

$820,000 Sold Price as of 12/27/2021

6 Beds
3 Baths
1,667 Sq.Ft.

Sold

$820,000 Sold Price as of 12/27/2021 Refinance Your Mortgage

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Map preview of 418 E Market St, Long Beach, CA 90805

Property Overview: 418 E Market St Long Beach, CA has 6 bedrooms, 3 bathrooms, 1,667 living square feet and 5,701 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a hot property for owner occupied and/or investment opportunity. This property sits on a 5,701 square feet and has 1,667 of living space. The front house has 4 bedrooms and 2 full baths, open floor plan, attached 2 car garage, laundry room and storage room inside garage. The house has been fully renovated. It is a perfect home for generating rental income. The rear house is 2 bedroom and 1 full bath with detached 1 car garage and laundry area. This unit is also fully renovated. There is lots of parking space in the driveway. There is a local community park and all grade level schools are nearby. Each unit has its own separate utility meters. Please do not disturb occupants. This property will be delivered vacant upon close of escrow. Bring your strong and serious buyers. Shown by appointment only. Do not go direct.

Listed by Jerol Crawford | BRE #01331482 | Jerold Crawford

Last checked: 2 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft: 5,701
HOA Dues: $0/mo
Year built: 1924
Garage: 3 Car
Property Type:: Multi Family

Status: Sold
MLS#: IN21228877
City: Long Beach
County: Los Angeles
Time on Site: 1070 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: 4
# of Baths: 2
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,000

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: $2,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Trash: $0
Insurance: $0

Property Details for 418 E Market St

Interior Features

Laundry Information

Has Laundry
Gas Dryer Hookup, Individual Room

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 3
# of Parking Spaces: 3

Lot Information

Lot Features: Landscaped, Lawn, Level with Street, Rectangular Lot, Level
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 7130001001
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

Directions: West of Linden East of Elm

Neighborhood Information

Community Features: Street Lights, Urban

View more facts & features

Local Long Beach Agent

Sale History for 418 E Market St

Last sold for $820,000 on December 27th, 2021

December, 2021
Dec 27, 2021

Date

Sold

CRMLS: IN21228877

$820,000

Price
Oct 15, 2021

Date

Active

CRMLS: IN21228877

$820,000

Price
April, 1994
Apr 6, 1994

Date

Sold (Public Records)

Public Records

$67,000

Price

Tax History for 418 E Market St

Assessed Value (2020): $262,455

Year	Land Value	Improved Value	Assessed Value
2020	$94,791	$167,664	$262,455

Home Value Compared to the Market

This property vs the competition

418 E Market St sold on December 27, 2021 for 0.12% 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 $491.9 per/sqft which puts the price per square foot 21.67% lower than the current median sale per square foot for the city of Long Beach.

About 418 E Market St

Detailed summary of property

418 E Market St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,667 living square feet, and sits on an approximately 5,701 square foot lot. 418 E Market St was first listed on ArdentRealEstateGroup.com on October 15, 2021. The homeowner sold the property for $820,000. 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 0.12% higher than the current median priced home. Local homes that are currently for sale include 1348 E Wesley Dr, 1930 Magnolia Ave and 340 E 19th St. While the average home in Long Beach, CA is selling in 62 days, 418 E Market St has a days on market of 16 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 418 E Market St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 418 E Market St

Public county record property details

Beds: 1
Baths: 1
Year built: 1924
Sq. Ft.: 1,132
Lot Size: 5,700
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 7130-001-001

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$680,000

Median List Price/Sq.Ft.

$552

Median Sold Price

$700,000

Median Sold Price/Sq.Ft.

$568

Total Inventory

Median Sale to List Price %

101.89%

Avg Days on Market

Loan Type

Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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.