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79 E Market St, Long Beach, CA 90805
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79 E Market St Long Beach, CA 90805

$700,000
  • 1 Beds
  • 1 Baths
  • 5,783 Sq.Ft.
For Sale
$700,000 Get Pre-Qualified
Map preview of 79 E Market St, Long Beach, CA 90805

Property Overview: 79 E Market St Long Beach, CA has 1 bedrooms, 1 bathrooms, 5,783 living square feet and 5,783 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to a unique investment opportunity nestled in the heart of vibrant Long Beach! This mixed-use property offers the best of both worlds: a fully operational automotive shop on the ground floor and a spacious 1 bedroom, 1 bathroom residence above, awaiting your personal touch. The ground floor boasts a well-established automotive shop, equipped with ample space for car enthusiasts and professionals alike. With more than enough room for vehicle repairs, maintenance, and customization, this shop presents a prime opportunity for automotive entrepreneurs to thrive. The location benefits from high visibility and easy accessibility, ensuring a steady flow of clientele. Ascend to the second floor, where a charming 1 bedroom, 1 bathroom residence awaits transformation. While in need of some renovation and updates, this space offers boundless potential for customization and modernization to suit your preferences. Imagine creating a cozy urban retreat or stylish loft apartment, capitalizing on the allure of city living in Long Beach. Whether you're an entrepreneur looking to expand your automotive business or an investor seeking a versatile property with multiple income streams, this offering presents an enticing opportunity. With a little vision and investment, you can unlock the full potential of this property and reap the rewards of owning a prime piece of real estate in Long Beach.

Listed by Matthew Reyes | BRE #02177202 | Top Producers Realty Partners
Co-listed by Trinidad Gaeta | BRE #01194324 | Re/Max Top Producers
Last checked: 5 minutes ago | Last updated: March 27th, 2024 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
5,783
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
TR24060951
City
Long Beach
County
Los Angeles
Time on Site
30 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 79 E Market St

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Property Details for 79 E Market St

Interior Features
Laundry Information
  • In Garage
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Has Fence
  • Chain Link
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 7126029014
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: GPS
View more facts & features

Local Long Beach Agent

Sale History for 79 E Market St

View property's historical transactions

  • March, 2024

  • Mar 27, 2024

    Date

    Active

    CRMLS: TR24060951

    $700,000

    Price

  • October, 2023

  • Oct 31, 2023

    Date

    Canceled

    CRMLS: OC23146764

    $750,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: OC23146764

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Stop and look! Great opportunity here! The new owner will find a Large lot with tons of space for vehicles and or supplies. The garage is quite large around 1,760 square feet. Upstairs you’ll find a spacious 800 square-foot (approximate) living area with a full kitchen, living room, full bathroom, and master bedroom with a large closet! Its a great opportunity, you need to check it out!

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Tax History for 79 E Market St

Assessed Value (2020): $254,894
Year Land Value Improved Value Assessed Value
2020 $142,015 $112,879 $254,894

Home Value Compared to the Market

This property vs the competition

79 E Market St is listed 12.5% lower than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $121.04 per/sqft which puts the price per square foot 80.88% lower than the median price per square foot for the city of Long Beach.

About 79 E Market St

Detailed summary of property

79 E Market St is a mixed use located in Long Beach, CA 90805 and is currently for sale. This mixed use property offers 1 bedrooms, 1 bathrooms, roughly 5,783 living square feet, and sits on an approximately 5,783 square foot lot. 79 E Market St was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner is currently asking $700,000. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 12.5% lower than the median priced home. Local competing homes currently for sale include 4922 S Central Ave, 889 E Vernon Ave and 1655 W Florence Ave. While the average home in Long Beach, CA is selling in 56 days, 79 E Market St has a days on market of 23 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 79 E Market St 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 79 E Market St

Public county record property details
Beds
--
Baths
--
Year built
1941
Sq. Ft.
2,560
Lot Size
5,782
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1185
APN
7126-029-014

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.

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