6950 Long Beach Blvd, Long Beach, CA 90805
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6950 Long Beach Blvd Long Beach, CA 90805

$320,000 Sold Price as of 03/13/2021
  • 1 Beds
  • 0 Baths
  • 1,920 Sq.Ft.
Sold
$320,000 Sold Price as of 03/13/2021 Refinance Your Mortgage

Map preview of 6950 Long Beach Blvd, Long Beach, CA 90805

Property Overview: 6950 Long Beach Blvd Long Beach, CA has 1 bedrooms, -- bathrooms, 1,920 living square feet and 2,335 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This residential property is zoned LBRS3 is in a great location situated just north of the 91 frwy close to shopping centers and stores. This is a great investment property which generates a five figure income. Do not disturb tenants and make offers subject to interior inspection.Submit offers with proof of funds pre approval and FICO scores. Hurry at this price it won't last long

Listed by Otis Clayton | BRE #00856405 | Berkshire Hathaway HSCP
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 259

Home details

Lot Sq. Ft
2,335
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB20015795
City
Long Beach
County
Los Angeles
Time on Site
1386 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,800
  • Net Operating Income: $20,095
  • Gross Operating Income: $27,360
Annual Expense Breakdown
  • Total Operating Expense: $7,265
  • Electric: $150
  • Gas/Fuel: $0
  • New Taxes: $4,963
  • Trash: $20
  • Insurance: $600
  • Water/Sewer: $30

Property Details for 6950 Long Beach Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above
  • Total # of Units: 3
  • Parcel Number: 7304002008
  • Year Built Source: Public Records
  • Foundation Details: Slab
  • Property is 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: North of 91 freeway on Long Beach Bl
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 6950 Long Beach Blvd

Last sold for $320,000 on March 13th, 2021
  • March, 2021

  • Mar 15, 2021

    Date

    Sold

    CRMLS: SB20015795

    $320,000

    Price

  • Nov 24, 2020

    Date

    Active Under Contract

    CRMLS: SB20015795

    $349,999

    Price

  • Nov 24, 2020

    Date

    Pending

    CRMLS: SB20015795

    $349,999

    Price

  • Oct 7, 2020

    Date

    Active Under Contract

    CRMLS: SB20015795

    $349,999

    Price

  • Aug 17, 2020

    Date

    Price Change

    CRMLS: SB20015795

    $349,999

    Price

  • Jul 28, 2020

    Date

    Price Change

    CRMLS: SB20015795

    $379,000

    Price

  • Jan 23, 2020

    Date

    Active

    CRMLS: SB20015795

    $390,000

    Price

  • December, 2019

  • Dec 28, 2019

    Date

    Expired

    CRMLS: SB19180283

    $400,000

    Price

  • Jul 31, 2019

    Date

    Active

    CRMLS: SB19180283

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    Pleased to present this wonderful 3 unit retail property located in Long Beach. Currently being operated as a Barbershop, this property is the perfect investment for someone looking for a value add or owner user investment to run their business. Located in a densely populated area in Long Beach this is one of the best opportunities on the market.

  • September, 2007

  • Sep 25, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 6950 Long Beach Blvd

Assessed Value (2020): $258,213
Year Land Value Improved Value Assessed Value
2020 $138,114 $120,099 $258,213

Home Value Compared to the Market

This property vs the competition

6950 Long Beach Blvd sold on March 13, 2021 for 53.95% lower than the current median sold price for the city of Long Beach which is $760,000. The median sold price per/sqft for Long Beach is $633 and this home is sold at $182.29 per/sqft which puts the price per square foot 71.2% lower than the current median sale per square foot for the city of Long Beach.

About 6950 Long Beach Blvd

Detailed summary of property

6950 Long Beach Blvd is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 1 bedrooms, -- bathrooms, roughly 1,920 living square feet, and sits on an approximately 2,335 square foot lot. 6950 Long Beach Blvd was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $320,000. 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 53.95% lower than the current median priced home. While the average home in Long Beach, CA is selling in 56 days, 6950 Long Beach Blvd has a days on market of 259 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 6950 Long Beach Blvd 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 6950 Long Beach Blvd

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
1,920
Lot Size
2,334
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-6
APN
7304-002-008

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
$679,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
60
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (40%), FHA (28%), VA (4%), Cash (12%), Other (12%)

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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.