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4925 Locust Ave, Long Beach, CA 90805
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4925 Locust Ave Long Beach, CA 90805

$690,000 Sold Price as of 05/20/2022
  • 4 Beds
  • 2 Baths
  • 1,632 Sq.Ft.
Sold
$690,000 Sold Price as of 05/20/2022 Refinance Your Mortgage
Map preview of 4925 Locust Ave, Long Beach, CA 90805

Property Overview: 4925 Locust Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,632 living square feet and 5,189 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Mid-century modern duplex with loads of potential! Both units feature beamed ceilings and open floor plans with kitchen and living space, and include their own laundry hookups, garage, and private entrance and yard. Bixby Knolls adjacent, located near Scherer Park.

Listed by Adam Roberts | BRE #02016872 | Roberts Real Estate
Last checked: 10 minutes ago | Last updated: May 20th, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
5,189
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW21257396
City
Long Beach
County
Los Angeles
Time on Site
897 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $23,700
  • Net Operating Income: $12,224
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,500
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $1,776

Property Details for 4925 Locust Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Closet, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Block, Vinyl, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7133005036
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Cross St: E. Del Amo Blvd. Ave & Long Beach Blvd.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 4925 Locust Ave

Last sold for $690,000 on May 20th, 2022

  • March, 2022

  • Mar 8, 2022

    Date

    Pending

    CRMLS: PW21257396

    $650,000

    Price

Tax History for 4925 Locust Ave

Assessed Value (2020): $221,988
Year Land Value Improved Value Assessed Value
2020 $69,770 $152,218 $221,988

Home Value Compared to the Market

This property vs the competition

4925 Locust Ave sold on May 20, 2022 for 18.75% lower 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 $398.28 per/sqft which puts the price per square foot 36.98% lower than the current median sale per square foot for the city of Long Beach.

About 4925 Locust Ave

Detailed summary of property

4925 Locust Ave is a duplex that recently sold in Long Beach, CA 90805. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,632 living square feet, and sits on an approximately 5,189 square foot lot. 4925 Locust Ave was first listed on ArdentRealEstateGroup.com on December 3, 2021. The homeowner sold the property for $690,000. 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 18.75% lower than the current median priced home. Local homes that are currently for sale include 2015 E 105th St, 1503 E 109th St and 210 E 120th St. While the average home in Long Beach, CA is selling in 51 days, 4925 Locust Ave has a days on market of 43 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 4925 Locust Ave 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 4925 Locust Ave

Public county record property details
Beds
4
Baths
2
Year built
1963
Sq. Ft.
1,632
Lot Size
5,188
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7133-005-036

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
$699,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
63
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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.

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