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6769 Gardenia Ave, Long Beach, CA 90805
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6769 Gardenia Ave Long Beach, CA 90805

$700,000 Sold Price as of 05/20/2019
  • 4 Beds
  • 2 Baths
  • 1,992 Sq.Ft.
Sold
$700,000 Sold Price as of 05/20/2019 Refinance Your Mortgage
Map preview of 6769 Gardenia Ave, Long Beach, CA 90805

Property Overview: 6769 Gardenia Ave Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,992 living square feet and 10,633 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a fantastic opportunity for a first time or seasoned owner-investor to purchase a rare find in Long Beach. This property, located on an inside tract lot, boasts two separate homes, each with separate front yards, a huge park-like shared rear yard and wonderful curb appeal. The lot is over 10,000 square feet and has tons of potential for future use. The front home is a 3 bedroom 1 bath with a large front yard, long driveway and a detached 2 car garage. The rear home is a spacious 1 bedroom house, with a private fenced yard in addition to the huge shared rear yard and an attached 1 car garage. There is a 3rd building which consists of 2 over-sized private garages , each with a separate door and direct access via a public alley, perfect for either owner use or for additional rental income from off site tenants. There is also access for RV parking. Both houses are independently metered for gas and electricity and have been well maintained. Both units are non-rent control and are on month to month leases. Don't miss out on this rare opportunity!

Listed by David Haas | BRE #01251870 | Ernst & Haas Mngmnt Co., Inc.
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
10,633
HOA Dues
$0/mo
Year built
1955
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19082830
City
Long Beach
County
Los Angeles
Time on Site
1439 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,477
  • Total Rent: $2,277
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,643
  • Total Rent: $1,443
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,440
  • Net Operating Income: $47,194
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,246
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,575
  • Trash: $646
  • Insurance: $750
  • Water/Sewer: $1,600

Property Details for 6769 Gardenia Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Two Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7116008032
  • 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
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: West of Cherry and north of Artesia
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 6769 Gardenia Ave

Last sold for $700,000 on May 20th, 2019

  • May, 2019

  • May 20, 2019

    Date

    Sold

    CRMLS: PW19082830

    $700,000

    Price

  • Apr 16, 2019

    Date

    Pending

    CRMLS: PW19082830

    $686,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: PW19082830

    $686,000

    Price

  • May, 2019

  • May 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • January, 2016

  • Jan 14, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6769 Gardenia Ave

Assessed Value (2020): $714,000
Year Land Value Improved Value Assessed Value
2020 $459,000 $255,000 $714,000

Home Value Compared to the Market

This property vs the competition

6769 Gardenia Ave sold on May 20, 2019 for 23.09% lower than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $344.38 per/sqft which puts the price per square foot 47.74% lower than the current median sale per square foot for the city of Long Beach.

About 6769 Gardenia Ave

Detailed summary of property

6769 Gardenia Ave is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,992 living square feet, and sits on an approximately 10,633 square foot lot. 6769 Gardenia Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $700,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 23.09% lower than the current median priced home. Local homes that are currently for sale include 755 E 106th St, 210 E 120th St and 230 E 111th St. While the average home in Long Beach, CA is selling in 52 days, 6769 Gardenia Ave has a days on market of 4 days. There are currently 711 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 292 of them are condos and 22 are townhomes. For more information on this home for sale at 6769 Gardenia 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 6769 Gardenia Ave

Public county record property details
Beds
4
Baths
3
Year built
1955
Sq. Ft.
1,992
Lot Size
10,633
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
31,32
APN
7116-008-032

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
$675,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
69
Median Sale to List Price %
101.45%
Avg Days on Market
17
Loan Type
Conventional (31.25%), FHA (31.25%), VA (0%), Cash (6.25%), Other (25%)

Thinking of Selling?

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(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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