6925 Downey Ave Long Beach, CA 90805

$5,307,000 Sold Price as of 05/11/2020

-- Beds
-- Baths
27,985 Sq.Ft.

Off Market

$5,307,000 Sold Price as of 05/11/2020 Refinance Your Mortgage

Map preview of 6925 Downey Ave, Long Beach, CA 90805

Property Overview: 6925 Downey Ave Long Beach, CA has -- bedrooms, -- bathrooms, 27,985 living square feet and 80,716 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6925 Downey Ave is currently an off market home in the city of Long Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Long Beach has a median list price of $799,000. The median price per/sqft for Long Beach is $647. With those numbers in mind, if you are looking to purchase a median priced home in Long Beach, CA and put 20% down you will need to save up $159,800 for the down payment and will need roughly $15,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Long Beach the commission could be as much as $40,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 6925 Downey Ave

Last sold for $5,307,000 on May 11th, 2020

May, 2020
May 11, 2020

Date

Sold (Public Records)

Public Records

$5,307,000

Price
September, 2012
Sep 28, 2012

Date

Sold (Public Records)

Public Records

$2,835,000

Price

Tax History for 6925 Downey Ave

Assessed Value (2020): $3,192,161

Year	Land Value	Improved Value	Assessed Value
2020	$2,516,573	$675,588	$3,192,161

About 6925 Downey Ave

Detailed summary of property

6925 Downey Ave is categorized with a use code of Warehouse (Industrial) in Long Beach, CA 90805 and last sold on May 11, 2020 for $5,307,000. This property has -- bedrooms, -- bathrooms, roughly 27,985 living square feet, and sits on an approximately 80,716 square foot lot. Homes 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 563.38% higher than the current median priced home. 6925 Downey Ave was last sold on May 11, 2020 for $5,307,000. Local nearby listings include 5530 Ackerfield Ave #101, 5530 Ackerfield Ave #302 and 5530 Ackerfield Ave #311. The average home in Long Beach, CA is selling in 51 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 6925 Downey 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 6925 Downey Ave

Public county record property details

Beds: --
Baths: --
Year built: 1959
Sq. Ft.: 27,985
Lot Size: 80,716
Stories: 1

Type: Warehouse (Industrial)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 7113-013-040

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

Median Sale to List Price %

101.69%

Avg Days on Market

Loan Type

Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

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