525 E 19Th St, Long Beach, CA 90806
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525 E 19Th St Long Beach, CA 90806

$875,000 Sold Price as of 08/27/2021
  • 9 Beds
  • 6 Baths
  • 3,111 Sq.Ft.
Sold
$875,000 Sold Price as of 08/27/2021 Refinance Your Mortgage

Map preview of 525 E 19Th St, Long Beach, CA 90806

Property Overview: 525 E 19Th St Long Beach, CA has 9 bedrooms, 6 bathrooms, 3,111 living square feet and 6,439 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INVESTOR OPPORTUNITY, PRICED TO SELL! subject to inspection. See remarks. Multifamily craftsman property w gross annual rent approx. $58,800. Per tax roll: 5 bedrooms and 4 bathrooms on property. Per seller / tenants: Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). The entire property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars. As a probate sale, bldg expenses to be investigated by buyer. This property is a versatile investment with the option to live in the house or one of the units. Buyer to verify all aspects of property to satisfy self including but not limited to condition, permits, occupancy rent laws for city & state, etc. Drive by only, please do not disturb tenants. Probate Sale. As Is.

Listed by Paige Charnick | BRE #01755588 | Beach Equities
Co-listed by Estefanita Hands | BRE #01502653 | Re/Max R. E. Specialists
Last checked: 15 minutes ago | Last updated: July 24th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,439
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW21147381
City
Long Beach
County
Los Angeles
Time on Site
1046 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $26,400
  • Total Rent: $26,400
  • Pro Forma/Market Rent: $26,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,400
  • Total Rent: $14,400
  • Pro Forma/Market Rent: $14,400
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $18,000
  • Total Rent: $18,000
  • Pro Forma/Market Rent: $18,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,800
  • Net Operating Income: $58,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,750
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0
  • Other Expense Description: see note

Property Details for 525 E 19Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7209004010
  • Year Built Source: Assessor
  • 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
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Poly High (PH)
  • Directions: from PCH, north on Atlantic, left onto 19th
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 525 E 19Th St

Last sold for $875,000 on August 27th, 2021
  • July, 2023

  • Jul 24, 2023

    Date

    Expired

    CRMLS: PF22160994

    $1,249,000

    Price

  • Jul 22, 2022

    Date

    Active

    CRMLS: PF22160994

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    Tax roll shows 5 bedrooms and 4 bathrooms on property. Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Split in half in two separate areas Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). Property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars Drive by only, please do not disturb tenants.

  • April, 2023

  • Apr 25, 2023

    Date

    Expired

    CRMLS: PF23012694

    $1,300,000

    Price

  • Jan 31, 2023

    Date

    Active

    CRMLS: PF23012694

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    INVESTOR OPPORTUNITY, PRICED TO SELL! * * This property qualifies for 4.75%+/-/ 30-year fixed / 20% Down/ $4,000 credit toward the buyer's closing costs owner occupied PROPERTY CAN BE DELIVERED VACANT. One unit is vacant can be shown. Tax roll shows 5 bedrooms and 4 bathrooms on property. Property will be delivered VACANT Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. , 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath; (#2: upper unit) 1 bedroom, 1 bath ; and (#3: upper unit) 1 bedroom, 1 bath. The entire property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars.

  • January, 2023

  • Jan 24, 2023

    Date

    Expired

    CRMLS: PF22177524

    $1,249,000

    Price

  • Aug 11, 2022

    Date

    Active

    CRMLS: PF22177524

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    ***This property qualifies for 4.75%+/-/ 30-year fixed / 20% Down/ $4,000 credit toward the buyer's closing costs owner occupied Property can be delivered vacant Tax roll shows 5 bedrooms and 4 bathrooms on property. Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Split in half in two separate areas Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). Property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars Drive by only, please do not disturb tenants.

  • July, 2022

  • Jul 17, 2022

    Date

    Expired

    CRMLS: PF22101040

    $1,249,000

    Price

  • May 19, 2022

    Date

    Active

    CRMLS: PF22101040

    $1,400,000

    Price

  • Listing provided courtesy of CRMLS

    Tax roll shows 5 bedrooms and 4 bathrooms on property. Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Split in half in two separate areas Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). Property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars Drive by only, please do not disturb tenants.

  • August, 2021

  • Aug 27, 2021

    Date

    Sold

    CRMLS: PW21147381

    $875,000

    Price

  • Jul 29, 2021

    Date

    Active Under Contract

    CRMLS: PW21147381

    $780,000

    Price

  • Jul 7, 2021

    Date

    Active

    CRMLS: PW21147381

    $780,000

    Price

Show More

Tax History for 525 E 19Th St

Assessed Value (2020): $235,163
Year Land Value Improved Value Assessed Value
2020 $72,920 $162,243 $235,163

Home Value Compared to the Market

This property vs the competition

525 E 19Th St sold on August 27, 2021 for 2.5% 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 $250.72 per/sqft which puts the price per square foot 60.33% lower than the current median sale per square foot for the city of Long Beach.

About 525 E 19Th St

Detailed summary of property

525 E 19Th St is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 3,111 living square feet, and sits on an approximately 6,439 square foot lot. 525 E 19Th St was first listed on ArdentRealEstateGroup.com on July 7, 2021. The homeowner sold the property for $875,000. 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 2.5% lower than the current median priced home. Local homes that are currently for sale include 1022 Walnut Ave, 530 Almond Ave and 430 Rose Ave. While the average home in Long Beach, CA is selling in 51 days, 525 E 19Th St has a days on market of 21 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 525 E 19Th St Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 525 E 19Th St

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
3,111
Lot Size
6,499
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7209-004-010

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
14
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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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.