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774 Obispo Ave, Long Beach, CA 90804
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774 Obispo Ave Long Beach, CA 90804

$1,489,000 Sold Price as of 02/19/2020
  • 9 Beds
  • 5 Baths
  • 4,191 Sq.Ft.
Sold
$1,489,000 Sold Price as of 02/19/2020 Refinance Your Mortgage
Map preview of 774 Obispo Ave, Long Beach, CA 90804

Property Overview: 774 Obispo Ave Long Beach, CA has 9 bedrooms, 5 bathrooms, 4,191 living square feet and 6,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remodeled CASH COW Quadraplex in the highly desired Rose Park! The front unit is a 3 bedroom, 2 bath with fireplace, large living room, in-unit laundry, and a 2-Car garage. The other remodeled units are all 2 bed, 1 bath with a 1 car garage parking. All units have desirable, spacious bedrooms. There is a community laundry room for units without laundry and backyard to relax and even entertain. There are 4 separate electric and gas meters, and 1 water meter. The property sits on a beautiful and well-manicured street with mature trees. All units can easily be delivered vacant!

Listed by Bret Lewis | BRE #01872524 | Bret Lewis, Broker
Last checked: 23 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
6,504
HOA Dues
$0/mo
Year built
1968
Garage
5 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19240190
City
Long Beach
County
Los Angeles
Time on Site
1387 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,960
  • Net Operating Income: $120,960
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 774 Obispo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community, Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7258021018
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Rose Park
  • Directions: 7th & Obispo: Head North
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 774 Obispo Ave

Last sold for $1,489,000 on February 19th, 2020

  • February, 2020

  • Feb 19, 2020

    Date

    Sold

    CRMLS: PW19240190

    $1,489,000

    Price

  • Jan 17, 2020

    Date

    Pending

    CRMLS: PW19240190

    $1,489,000

    Price

  • Jan 6, 2020

    Date

    Active

    CRMLS: PW19240190

    $1,489,000

    Price

  • Nov 26, 2019

    Date

    Pending

    CRMLS: PW19240190

    $1,489,000

    Price

  • Nov 4, 2019

    Date

    Price Change

    CRMLS: PW19240190

    $1,489,000

    Price

  • Oct 10, 2019

    Date

    Active

    CRMLS: PW19240190

    $1,499,999

    Price

  • February, 2020

  • Feb 19, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,489,000

    Price

  • May, 2019

  • May 15, 2019

    Date

    Sold

    CRMLS: PW18274833

    $1,282,000

    Price

  • Mar 27, 2019

    Date

    Active Under Contract

    CRMLS: PW18274833

    $1,297,000

    Price

  • Mar 21, 2019

    Date

    Price Change

    CRMLS: PW18274833

    $1,297,000

    Price

  • Mar 15, 2019

    Date

    Price Change

    CRMLS: PW18274833

    $1,350,000

    Price

  • Feb 5, 2019

    Date

    Active

    CRMLS: PW18274833

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Statewide 4-plex in the heart of Belmont Heights. The front unit is a 3 bedroom, 2 bath unit with inside laundry room and has been totally renovated from top to bottom. Beautiful stone fireplace in the large living room. This front unit has a side yard that is private to the home, and comes complete with a 2-car garage. You can see from the pictures that it has new paint, new flooring, new lighting and new ceiling fans. It's beautiful. The exterior has also been scraped and painted on all sides. You can make this your home, or rent it out as an investor to a new family. The 2 units on the top floor have also been renovated with new paint and flooring and come with a garage. The downstairs back unit has a new kitchen, and a garage. There is a community laundry room for the other 3 units and a back yard to play in with the pets and family. All units have garage parking. 4 separate electric and gas meters. 1 water meter. Termite inspection done and all work completed. Exterior work includes painting, stucco repair, and repaint all wrought iron. Please see the attached Supplements for more information.

  • May, 2019

  • May 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,282,000

    Price

Show More

Tax History for 774 Obispo Ave

Assessed Value (2020): $1,307,640
Year Land Value Improved Value Assessed Value
2020 $714,000 $593,640 $1,307,640

Home Value Compared to the Market

This property vs the competition

774 Obispo Ave sold on February 19, 2020 for 86.12% 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 $355.29 per/sqft which puts the price per square foot 43.78% lower than the current median sale per square foot for the city of Long Beach.

About 774 Obispo Ave

Detailed summary of property

774 Obispo Ave is a fourplex that recently sold in Long Beach, CA 90804. This fourplex offered 9 bedrooms, 5 bathrooms, roughly 4,191 living square feet, and sits on an approximately 6,504 square foot lot. 774 Obispo Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,489,000. 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 86.12% higher than the current median priced home. Local homes that are currently for sale include 1000 E 10th St, 2221 Granada Ave and 1967 Atlantic Ave. While the average home in Long Beach, CA is selling in 53 days, 774 Obispo Ave has a days on market of 56 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 774 Obispo Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 774 Obispo Ave

Public county record property details
Beds
9
Baths
5
Year built
1968
Sq. Ft.
4,191
Lot Size
6,504
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
7258-021-018

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
54
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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