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740 Daisy Ave, Long Beach, CA 90813
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740 Daisy Ave Long Beach, CA 90813

$1,575,000 Sold Price as of 10/14/2021
  • 40 Beds
  • 64 Baths
  • 3,440 Sq.Ft.
Sold
$1,575,000 Sold Price as of 10/14/2021 Refinance Your Mortgage
Map preview of 740 Daisy Ave, Long Beach, CA 90813

Property Overview: 740 Daisy Ave Long Beach, CA has 40 bedrooms, 64 bathrooms, 3,440 living square feet and 7,532 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 8 Units in 4 one story buildings with 3,440 Square feet. Located at 740 Daisy Ave in Long Beach in highly desirable near Drake Park/ Wilmore Historic District. The 4 bungalow style building are spaced on a 7,532 Sq Ft lot. Unit mix is four (4) Studios, three (3) one-bedrooms, and one (1) two bedroom. All units are separate gas and electric. Tenants have on site laundry with a large open surface area for parking. Plumbing is 100% copper, # Units Description Rents/ month Total 3 Studio $895 $2,685 1 Studio $995 $995 2 1 Bed $11295 $2,390 1 1 Bed $1,395 $1,395 1 2 Bed $1,495 $1,495 Total $8,960

Listed by Lloyd Anastasi | BRE #00382510 | Anastasi Properties, Inc.
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
7,532
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SB21162915
City
Long Beach
County
Los Angeles
Time on Site
1026 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 4
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 5
  • # of Baths: 8
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $107,520
  • Total Rent: $107,520
  • Pro Forma/Market Rent: $112,320
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,520
  • Net Operating Income: $93,300
  • Gross Operating Income: $107,520
  • Laundry Income: $75
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $8,900
  • Trash: $0
  • Gardener: $540
  • Insurance: $1,450
  • Maintenance: $1,500
  • Professional Management: $5,700
  • Water/Sewer: $4,100

Property Details for 740 Daisy Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 8
  • Parcel Number: 7272017005
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Private
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: none
  • Directions: Take the 7St exit from 710Fwy
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 740 Daisy Ave

Last sold for $1,575,000 on October 14th, 2021

  • August, 2021

  • Aug 2, 2021

    Date

    Pending

    CRMLS: SB21162915

    $1,475,000

    Price

  • Jul 26, 2021

    Date

    Active

    CRMLS: SB21162915

    $1,475,000

    Price

  • March, 2017

  • Mar 21, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • August, 2016

  • Aug 23, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 740 Daisy Ave

Assessed Value (2020): $1,379,570
Year Land Value Improved Value Assessed Value
2020 $965,699 $413,871 $1,379,570

Home Value Compared to the Market

This property vs the competition

740 Daisy Ave sold on October 14, 2021 for 84.38% higher 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 $428.78 per/sqft which puts the price per square foot 32.16% lower than the current median sale per square foot for the city of Long Beach.

About 740 Daisy Ave

Detailed summary of property

740 Daisy Ave is a mixed use that recently sold in Long Beach, CA 90813. This mixed use property offered 40 bedrooms, 64 bathrooms, roughly 3,440 living square feet, and sits on an approximately 7,532 square foot lot. 740 Daisy Ave was first listed on ArdentRealEstateGroup.com on July 26, 2021. The homeowner sold the property for $1,575,000. 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 84.38% higher than the current median priced home. Local homes that are currently for sale include 11082 Barclay Dr, 3033 E 8th St and 2630 E 1St St. While the average home in Long Beach, CA is selling in 51 days, 740 Daisy Ave has a days on market of 6 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 740 Daisy Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 740 Daisy Ave

Public county record property details
Beds
8
Baths
8
Year built
1922
Sq. Ft.
3,440
Lot Size
7,532
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7272-017-005

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
34
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 740 Daisy Ave

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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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