435 Daisy Ave, Long Beach, CA 90802
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435 Daisy Ave Long Beach, CA 90802

$1,100,000 Sold Price as of 12/30/2021
  • 6 Beds
  • 4 Baths
  • 2,770 Sq.Ft.
Sold
$1,100,000 Sold Price as of 12/30/2021 Refinance Your Mortgage

Map preview of 435 Daisy Ave, Long Beach, CA 90802

Property Overview: 435 Daisy Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 2,770 living square feet and 7,552 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present a terrific opportunity perfect for investors or an owner occupant looking to supplement their mortgage with rental income in the heart of trendy and rapidly developing Downtown Long Beach. This property is in the City's historical district and has beautiful craftsman architecture. It consists of four detached units. There is one 3 bedroom 1 bath front house and three 1 bedroom 1 bath bungalows in the back. The property also has a one car garage that is currently being used for storage. All units are currently occupied with tremendous upside in rents. Market rents support more than double the current rents and this property would be prefect for short-term rentals as Downtown Long Beach has an extremely high demand for vacation, corporate and insurance rentals. The new owner of this property will be centrally located just steps away from the best the city of Long Beach has to offer with endless shops, dining and entertainment venues. You will also be within walking distance to the beach. 435 Daisy offers a near perfect walk score at nearly 90, and excellent transit score of 70, allowing occupants to move throughout the city with ease. In addition, Long Beach is experiencing major economic development as witnessed by the $495 million dollar courthouse, state-of-the-art library and countless new residential and commercial developments constructed in the last few years. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. Downtown Long Beach is HOT but much more affordable than other beach cities so don't miss this excellent opportunity to buy the RIGHT place at the RIGHT time.

Listed by Aaron Berryman | BRE #01401206 | Endeavor Real Estate
Last checked: 11 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 132

Home details

Lot Sq. Ft
7,552
HOA Dues
$0/mo
Year built
1906
Garage
1 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21144123
City
Long Beach
County
Los Angeles
Time on Site
1051 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,400
  • Net Operating Income: $38,125
  • Gross Operating Income: $53,400
Annual Expense Breakdown
  • Total Operating Expense: $15,275
  • Trash: $0
  • Insurance: $1,015
  • Water/Sewer: $2,225

Property Details for 435 Daisy Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • All Bedrooms Down, Entry
Interior Features
  • Ceiling Fan(s), Copper Plumbing Partial, Recessed Lighting
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway Level, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7278025017
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: West of Magnolia between Broadway and 7th.
Neighborhood Information
  • Community Features: Biking
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Sale History for 435 Daisy Ave

Last sold for $1,100,000 on December 30th, 2021
  • November, 2021

  • Nov 15, 2021

    Date

    Pending

    CRMLS: PW21132222

    $1,195,000

    Price

  • Jul 2, 2021

    Date

    Price Change

    CRMLS: PW21132222

    $1,195,000

    Price

  • Jun 18, 2021

    Date

    Active

    CRMLS: PW21132222

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2021

  • Nov 15, 2021

    Date

    Pending

    CRMLS: PW21144123

    $1,195,000

    Price

  • Jul 2, 2021

    Date

    Active

    CRMLS: PW21144123

    $1,195,000

    Price

  • January, 2020

  • Jan 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

  • August, 2005

  • Aug 11, 2005

    Date

    Sold (Public Records)

    Public Records

    $735,000

    Price

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Tax History for 435 Daisy Ave

Assessed Value (2020): $805,000
Year Land Value Improved Value Assessed Value
2020 $522,400 $282,600 $805,000

Home Value Compared to the Market

This property vs the competition

435 Daisy Ave sold on December 30, 2021 for 49.38% 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 $431.41 per/sqft which puts the price per square foot 31.74% lower than the current median sale per square foot for the city of Long Beach.

About 435 Daisy Ave

Detailed summary of property

435 Daisy Ave is a fourplex that recently sold in Long Beach, CA 90802. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,770 living square feet, and sits on an approximately 7,552 square foot lot. 435 Daisy Ave was first listed on ArdentRealEstateGroup.com on July 2, 2021. The homeowner sold the property for $1,100,000. 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 49.38% higher than the current median priced home. Local homes that are currently for sale include 1731 E 3rd St, 1746 E Florida St and 1015 Dawson Ave. While the average home in Long Beach, CA is selling in 51 days, 435 Daisy Ave has a days on market of 132 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 435 Daisy Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 435 Daisy Ave

Public county record property details
Beds
2
Baths
4
Year built
--
Sq. Ft.
2,770
Lot Size
7,551
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9,11
APN
7278-025-017

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$530,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
130
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

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Related Resources to 435 Daisy Ave

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.