4716 E 2Nd St Long Beach, CA 90803

$5,775,000 Sold Price as of 08/03/2017

-- Beds
-- Baths
14,448 Sq.Ft.

Off Market

$5,775,000 Sold Price as of 08/03/2017 Refinance Your Mortgage

Map preview of 4716 E 2Nd St, Long Beach, CA 90803

Property Overview: 4716 E 2Nd St Long Beach, CA has -- bedrooms, -- bathrooms, 14,448 living square feet and 9,307 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4716 E 2Nd St is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $769,000. The median price per/sqft for Long Beach is $648. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $153,800 for the down payment and will need roughly $15,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,950. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4716 E 2Nd St

Last sold for $5,775,000 on August 3rd, 2017

September, 2023
Sep 1, 2023

Date

Expired

CRMLS: PW22256648

$9,950,000

Price
Dec 16, 2022

Date

Active

CRMLS: PW22256648

$11,000,000

Price
Listing provided courtesy of CRMLS

We are pleased to present a trophy 14,483 sq. ft. 2-story mixed-use corner building located in the heart of the prime retail corridor of E 2nd Street in the Belmont Shore district of Long Beach, CA. The outstanding building was originally built in 1923 and has many distinct architectural features including decorative vintage storefront facades. The building includes 6 retail ground level spaces and 8-2nd level units used as either creative office spaces or Studio/1 Bedroom and 1 Bathroom residential units. Belmont Shore's E 2nd Street is the premier shopping, entertainment and dining of Long Beach, CA. Noteworthy restaurants include Nick's on 2nd St, Simmzy's, Open Sesame, 2nd and Saint to name a few. Popular retailers such as Tilly's, Van's, Proper Shoes, O'My Sole, ACE Hardware and Rite Aid. Financial service businesses such as Bank of America, Chase and Wells Fargo. Other service businesses such as AT&T, Verizon, Starbucks and Super Cuts. Popular Entertainment and Bar Venues such as Legends Sports Bar, Panama Joes, Long Beach Tap House, Dogz Bar, Shannon's on Bayshore and Riley's. Surrounding E 2nd Street is the residential district of Belmont Shore, a densely populated beach community including cottage style homes, renovated and expanded luxury homes and unique multi-family apartment residences all blocks to the sandy beaches, marinas, lagoons and picturesque canals. Outside of Belmont Shore District and 3 miles away is the vibrant and ever growing Downtown Long Beach, including in this Central Business District is the Long Beach Convention Center and Aquarium of the Pacific, Shoreline Village and The Pike Outlet's. Further east of Belmont Shore are staple national retailers such as Gelson's Market, Whole Foods, Ralph's Grocery, Trader Joe's, Nordstrom Rack, Bev Mo and Petco.

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November, 2019
Nov 2, 2019

Date

Expired

CRMLS: PW19149153

$13,900,000

Price
Jun 24, 2019

Date

Active

CRMLS: PW19149153

$13,900,000

Price
Listing provided courtesy of CRMLS

This stable, cash flowing property with below market rents gives a new owner an opportunity to reposition the property. High barriers to entry, Belmont Shore is a supply-constrained, infill trade area, creating high barriers to entry to future development. One of Southern California's most desirable & walkable destinations; dense infill, urban location with 362,000 people within a 5-mile radius provides maximum exposure along 2nd Street at a signalized intersection with affluent demographics. The property in located within walking distance to the Pacific Ocean, Marina and Naples Island with AHHI of $177,000 and average home price of $1.85 million.

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August, 2017
Aug 3, 2017

Date

Sold (Public Records)

Public Records

$5,775,000

Price
September, 2008
Sep 23, 2008

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4716 E 2Nd St

Assessed Value (2020): $788,595

Year	Land Value	Improved Value	Assessed Value
2020	$373,909	$414,686	$788,595

About 4716 E 2Nd St

Detailed summary of property

4716 E 2Nd St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Long Beach, CA 90803 and last sold on August 3, 2017 for $5,775,000. This property has -- bedrooms, -- bathrooms, roughly 14,448 living square feet, and sits on an approximately 9,307 square foot lot. Homes 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 605.13% higher than the current median priced home. 4716 E 2Nd St was last sold on August 3, 2017 for $5,775,000. Local nearby listings include 57 Bay Shore Ave, 3811 E Livingston Dr #1 and 235 Mira Mar Ave #3. The average home in Long Beach, CA is selling in 65 days. There are currently 781 homes for sale in the Long Beach real estate market and 418 of them are single family homes while 341 of them are condos and 20 are townhomes. If you are the homeowner and looking to sell the home at 4716 E 2Nd St Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 4716 E 2Nd St

Public county record property details

Beds: --
Baths: --
Year built: 1928
Sq. Ft.: 14,448
Lot Size: 9,307
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3,4
APN: 7256-022-002

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,600,000

Median List Price/Sq.Ft.

$824

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$755

Total Inventory

123

Median Sale to List Price %

100.2%

Avg Days on Market

Loan Type

Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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(714) 706-1823

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