6514 E Ocean Blvd, Long Beach, CA 90803
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6514 E Ocean Blvd Long Beach, CA 90803

$1,650,000 Sold Price as of 07/27/2020
  • 3 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,650,000 Sold Price as of 07/27/2020 Refinance Your Mortgage

Map preview of 6514 E Ocean Blvd, Long Beach, CA 90803

Property Overview: 6514 E Ocean Blvd Long Beach, CA has 3 bedrooms, 4 bathrooms, -- living square feet and 2,428 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing fourplex on the Peninsula, one of the most desired locations in Long Beach. This building has tons of curb appeal with units that can be combined and reconfigured. It's currently made up of three 1bed 1bath apartments and one studio. Three of the four units will be delivered vacant. All units are bright and have been thoughtfully upgraded. The upper 1 bedroom and lower studio apartment have fireplaces. All units include stoves & refrigerators. There is a shared laundry room in the back of the building & a two car garage. Addresses associated with complex 6514, 6516, 6518 & 6520 are all separately metered. This building is an investors showpiece.

Listed by Lisa Dean Ginsberg | BRE #01389069 | The Sher Group
Co-listed by Nicole Freese | BRE #02004262 | The Sher Group
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
2,428
HOA Dues
$0/mo
Year built
1942
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20585914
City
Long Beach
County
Los Angeles
Time on Site
1390 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6514 E Ocean Blvd

Interior Features
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 4
  • Parcel Number: 7245025010
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Corner of Ocean and 66th Place.
View more facts & features

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Sale History for 6514 E Ocean Blvd

Last sold on February 23rd, 2021
  • February, 2021

  • Feb 23, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2021

  • Jan 26, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 27, 2020

    Date

    Sold

    CRMLS: 20585914

    $1,650,000

    Price

  • Jun 27, 2020

    Date

    Pending

    CRMLS: 20585914

    $1,699,000

    Price

  • Jun 3, 2020

    Date

    Active

    CRMLS: 20585914

    $1,699,000

    Price

  • May, 2020

  • May 31, 2020

    Date

    Expired

    CRMLS: 20558618

    $1,699,000

    Price

  • Mar 25, 2020

    Date

    Active

    CRMLS: 20558618

    $1,699,000

    Price

  • Mar 9, 2020

    Date

    Active Under Contract

    CRMLS: 20558618

    $1,699,000

    Price

  • Mar 1, 2020

    Date

    Active

    CRMLS: 20558618

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 6514 E Ocean Blvd

Assessed Value (2020): $759,102
Year Land Value Improved Value Assessed Value
2020 $505,925 $253,177 $759,102

Home Value Compared to the Market

This property vs the competition

6514 E Ocean Blvd sold on July 27, 2020 for 123.55% higher than the current median sold price for the city of Long Beach which is $760,000.

About 6514 E Ocean Blvd

Detailed summary of property

6514 E Ocean Blvd is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 3 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 2,428 square foot lot. 6514 E Ocean Blvd was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $1,650,000. Home in Long Beach are selling for a median price of $760,000 and a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 123.55% higher than the current median priced home. Local homes that are currently for sale include 1616 E 4th St, 1717 Temple Ave and 1717 Temple Ave. While the average home in Long Beach, CA is selling in 54 days, 6514 E Ocean Blvd has a days on market of 22 days. There are currently 593 homes for sale in the Long Beach real estate market and 338 of them are single family homes while 242 of them are condos and 13 are townhomes. For more information on this home for sale at 6514 E Ocean Blvd 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 6514 E Ocean Blvd

Public county record property details
Beds
4
Baths
4
Year built
1942
Sq. Ft.
2,928
Lot Size
2,428
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7245-025-010

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
$1,479,000
Median List Price/Sq.Ft.
$803
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$708
Total Inventory
95
Median Sale to List Price %
98.87%
Avg Days on Market
44
Loan Type
Conventional (45.83%), FHA (0%), VA (4.17%), Cash (33.33%), Other (16.67%)

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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.