494 E Sunset St, Long Beach, CA 90805
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494 E Sunset St Long Beach, CA 90805

$995,000
  • 3 Beds
  • 3 Baths
  • 1,364 Sq.Ft.
For Sale
$995,000 Get Pre-Qualified

Map preview of 494 E Sunset St, Long Beach, CA 90805

Property Overview: 494 E Sunset St Long Beach, CA has 3 bedrooms, 3 bathrooms, 1,364 living square feet and 3,655 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Gorgeous remodeled/ constructed 3 units in desirable area of north long beach. 2 attached,1 bed 1 bath, units have been completely remolded inside out with new flooring, new Roof, new paint, new kitchen new counters, new appliances, bathrooms and much much more. 1 newly built, stand alone, 3rd unit ,built 2024, very spacious, 1 bed and 1 bath. Each unit has its own electric meter , remote control, heating /Cooling wall unit. All units are vacant, for you to decide the terms and conditions of the lease. Perfect investment opportunity to live in one unit and rent others. Close to shopping area and restaurants. Not far from the long beach down town and the beach area. Long beach airport is only 13 minutes away. Buyer and their agents to verify any and all information regarding this property.

Listed by Badar Mansoor | BRE #01259428 | SMART SELL REAL ESTATE
Last checked: 8 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
3,655
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Triplex
Status
Active
MLS#
CV24164695
City
Long Beach
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • 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
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,200
  • Net Operating Income: $67,200
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 494 E Sunset St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s), Laminate Counters
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Parking Features: Public, Street
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 7130011015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Atlantic Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 494 E Sunset St

Last sold for $716,666 on February 8th, 2024
  • September, 2024

  • Sep 17, 2024

    Date

    Active

    CRMLS: CV24193523

    $1,850

    Price

  • Listing provided courtesy of CRMLS

    This beautifully renovated BRIGHT AND SPACIOUS 2 units and newly built 3rd unit, 1 Bed/1 Bath each. Be the first one to live in the units featuring high-end finishes and sleek design. These units boasts open concept living concept with hardwood floor, upgraded kitchen with new appliances. Bathrooms have been upgraded fixtures. Each unit has brand new efficient heating and cooling unit and bed room has ceiling fan. In the heart of north Long bleach also close to stores and shopping area. All three units are available. Back unit is detached and more private, may have little bit higher rent than the two front units. .

  • August, 2024

  • Aug 9, 2024

    Date

    Active

    CRMLS: CV24164695

    $995,000

    Price

  • February, 2024

  • Feb 8, 2024

    Date

    Sold

    CRMLS: PW23211575

    $716,666

    Price

  • Nov 20, 2023

    Date

    Active

    CRMLS: PW23211575

    $825,000

    Price

  • Listing provided courtesy of CRMLS

    494-496 E Sunset St is an excellent investment opportunity tucked away in a quiet neighborhood corner of North Long Beach. This is a unique opportunity to own two identical duplexes on adjacent lots. The property consists of four 1bd/1ba units with ample parking and a 2-car garage in the back that provides ADU potential*, and the asset offers rental upside of +/- 12%. Just a short drive from the numerous grocery stores and vast selection of restaurants lining Atlantic Blvd., and a straight shot to the 710 and 91-Freeway junction, 494-496 E Sunset offers a fantastic level of convenience to its tenants. This property is listed separately but offers a unique opportunity to acquire 6 total units with the addition of the duplex at 491-491 ½ E 51st St that backs up to the property.

  • October, 2011

  • Oct 11, 2011

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

  • October, 2011

  • Oct 11, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 494 E Sunset St

Assessed Value (2020): $126,327
Year Land Value Improved Value Assessed Value
2020 $103,361 $22,966 $126,327

Home Value Compared to the Market

This property vs the competition

494 E Sunset St is listed 27.56% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $729.47 per/sqft which puts the price per square foot 12.92% higher than the median price per square foot for the city of Long Beach.

About 494 E Sunset St

Detailed summary of property

494 E Sunset St is a triplex located in Long Beach, CA 90805 and is currently for sale. This triplex offers 3 bedrooms, 3 bathrooms, roughly 1,364 living square feet, and sits on an approximately 3,655 square foot lot. 494 E Sunset St was first listed on ArdentRealEstateGroup.com on August 9, 2024. The homeowner is currently asking $995,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 27.56% higher than the median priced home. Local competing homes currently for sale include 1901 E 68th St, 2841 E 65th St and 1824-1826 W Canton St. While the average home in Long Beach, CA is selling in 62 days, 494 E Sunset St has a days on market of 36 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 494 E Sunset 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 494 E Sunset St

Public county record property details
Beds
2
Baths
2
Year built
1954
Sq. Ft.
924
Lot Size
3,655
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1626
APN
7130-011-015

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
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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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.