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4242 E Jacinto Way, Long Beach, CA 90815
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4242 E Jacinto Way Long Beach, CA 90815

$1,250,000 Sold Price as of 03/04/2022
  • 3 Beds
  • 3 Baths
  • 1,928 Sq.Ft.
Sold
$1,250,000 Sold Price as of 03/04/2022 Refinance Your Mortgage
Map preview of 4242 E Jacinto Way, Long Beach, CA 90815

Property Overview: 4242 E Jacinto Way Long Beach, CA has 3 bedrooms, 3 bathrooms, 1,928 living square feet and 8,179 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rarely on the market, a highly sought after triplex in Artcraft Manor. A large oversized lot in a terrific location. Three spacious 1 bedroom, 1 bath units, private patios, 3 single car garages, plus one extra parking spot. Large bonus/utility room with coin operated common laundry and lots of additional storage space. This bonus room provides an opportunity for conversion to an ADU that would come with its own parking spot. Two of the units have been completely renovated. The windows have been upgraded, the plumbing was re-piped with copper (partial) and the drains were upgraded (partial). The property had new stucco, and new garage doors installed approximately 10 years ago.

Listed by Jamee Lindberg | BRE #01107487 | Re/Max R. E. Specialists
Co-listed by John Lindberg | BRE #01010112 | Re/Max R. E. Specialists
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
8,179
HOA Dues
$0/mo
Year built
1943
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW22000909
City
Long Beach
County
Los Angeles
Time on Site
906 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # 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: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,394
  • Total Rent: $1,394
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,220
  • Net Operating Income: $40,434
  • Gross Operating Income: $54,570
  • Vacancy Allowance: $1,650
  • # of Rented Garages: 3
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $1,200
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $14,136
  • Trash: $240
  • Gardener: $2,400
  • Insurance: $2,934
  • Water/Sewer: $1,092
  • Other Expenses: $7,470
  • Other Expense Description: prop tax

Property Details for 4242 E Jacinto Way

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Common Area, Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • See Remarks, Utility Room
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave, Refrigerator
Interior Features
  • Copper Plumbing Partial
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Workshop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Sprinkler System, Sprinklers Timer
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7219008007
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Artcraft Manor (AM)
  • Directions: South of Stearns and West Of Lakewood Blvd.
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 4242 E Jacinto Way

Last sold for $1,250,000 on March 4th, 2022

  • March, 2022

  • Mar 1, 2022

    Date

    Pending

    CRMLS: PW22000909

    $1,295,000

    Price

  • May, 2012

  • May 16, 2012

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

  • August, 2010

  • Aug 19, 2010

    Date

    Sold (Public Records)

    Public Records

    $382,000

    Price

Show More

Tax History for 4242 E Jacinto Way

Assessed Value (2020): $568,502
Year Land Value Improved Value Assessed Value
2020 $401,973 $166,529 $568,502

Home Value Compared to the Market

This property vs the competition

4242 E Jacinto Way sold on March 4, 2022 for 45.18% higher than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $671.68 per/sqft which puts the price per square foot 1.92% higher than the current median sale per square foot for the city of Long Beach.

About 4242 E Jacinto Way

Detailed summary of property

4242 E Jacinto Way is a triplex that recently sold in Long Beach, CA 90815. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,928 living square feet, and sits on an approximately 8,179 square foot lot. 4242 E Jacinto Way was first listed on ArdentRealEstateGroup.com on January 4, 2022. The homeowner sold the property for $1,250,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 45.18% higher than the current median priced home. Local homes that are currently for sale include 7161 Main St, 13931 Leffingwell Rd and 1600 Picadilly Way. While the average home in Long Beach, CA is selling in 52 days, 4242 E Jacinto Way has a days on market of 23 days. There are currently 711 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 292 of them are condos and 22 are townhomes. For more information on this home for sale at 4242 E Jacinto Way Long Beach, CA 90815 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 4242 E Jacinto Way

Public county record property details
Beds
3
Baths
3
Year built
1943
Sq. Ft.
1,928
Lot Size
8,179
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7219-008-007

The source for these homes facts are from public records.

90815 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,010,000
Median List Price/Sq.Ft.
$665
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$674
Total Inventory
73
Median Sale to List Price %
100.1%
Avg Days on Market
20
Loan Type
Conventional (65.38%), FHA (3.85%), VA (0%), Cash (23.08%), Other (7.69%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 4242 E Jacinto Way

4241 E Jacinto Way, Long Beach, CA 90815
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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.

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