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81 E Market St Long Beach, CA 90805

$800,000 Sold Price as of 09/01/2021

0 Beds
4 Baths
1,600 Sq.Ft.

Sold

$800,000 Sold Price as of 09/01/2021 Refinance Your Mortgage

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Map preview of 81 E Market St, Long Beach, CA 90805

Property Overview: 81 E Market St Long Beach, CA has -- bedrooms, 4 bathrooms, 1,600 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 4 unit property located in North Long Beach. Unit 81 A: is a Brand New Construction!! It's a 400 sqft studio with new "Solar Panels", new kitchen cabinets, quartz counter tops, sinks, faucets, and tiled walk in shower and more. Brand new energy efficient windows, laminate flooring and baseboards. All new electrical, plumbing, and tankless water heater. Ready to move in. Unit 83 A is also brand new construction. Approximately 304 sqft studio with new kitchen cabinets, quartz counter tops, tiled walk in shower with glass door, new tankless water heater, electrical, plumbing, and more. Also, ready to move in. Unit 81 & 83 are studios also. Both units share a small backyard, and are in original condition. The large 6000 sqft lot provides at least 7 ONSITE PARKING SPACES, making parking a non issue.

Listed by Chris Trainotti | BRE #01268624 | On The Move Realty

Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft: 6,000
HOA Dues: $0/mo
Year built: 1924
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: PW21133419
City: Long Beach
County: Los Angeles
Time on Site: 1049 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2
# of Electric Meters: 4
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 0
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,500

Unit Breakdown 2

# of Units: 1
# of Beds: 0
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,500

Unit Breakdown 3

# of Units: 1
# of Beds: 0
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Furnished
Total Rent: $0
Pro Forma/Market Rent: $1,500

Unit Breakdown 4

# of Units: 1
# of Beds: 0
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Furnished
Total Rent: $0
Pro Forma/Market Rent: $1,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $1,260
Net Operating Income: $1,158
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $92
Electric: $0
Gas/Fuel: $0
Trash: $45
Insurance: $60
Water/Sewer: $47

Property Details for 81 E Market St

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Lot Information

Lot Features: 0-1 Unit/Acre, Sprinklers In Front
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 1 Common Wall
Total # of Units: 4
Parcel Number: 7126029015
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Market and Long Beach Blvd

Neighborhood Information

Community Features: Curbs

View more facts & features

Local Long Beach Agent

Sale History for 81 E Market St

Last leased for $1,300 on November 5th, 2021

November, 2021
Nov 5, 2021

Date

Leased

CRMLS: RS21242800

$1,300

Price
Nov 4, 2021

Date

Active

CRMLS: RS21242800

$1,300

Price
Listing provided courtesy of CRMLS

New studio and 2 parking spaces available, property is brand new, new kitchen cabinets, new restroom, new stove, plenty of parking, solar panels, small back yard.

Continue Reading
November, 2021
Nov 1, 2021

Date

Expired

CRMLS: RS21205778

$1,300

Price
Sep 22, 2021

Date

Active

CRMLS: RS21205778

$1,500

Price
Listing provided courtesy of CRMLS

New studio and 2 parking spaces available, property is brand new, new kitchen cabinets, new restroom, new stove, plenty of parking, solar panels, small back yard.

Continue Reading
October, 2021
Oct 17, 2021

Date

Active

CRMLS: RS21198603

$1,400

Price
Oct 17, 2021

Date

Price Change

CRMLS: RS21198603

$1,400

Price
Listing provided courtesy of CRMLS

New studios with solar panels to save you money on electrical costs and 2 parking spaces available…. Unit available is 83-A

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September, 2021
Sep 1, 2021

Date

Sold

CRMLS: PW21133419

$800,000

Price
Aug 28, 2021

Date

Pending

CRMLS: PW21133419

$799,900

Price
Jul 23, 2021

Date

Active Under Contract

CRMLS: PW21133419

$799,900

Price
Jun 23, 2021

Date

Active

CRMLS: PW21133419

$799,900

Price
Jun 19, 2021

Date

Coming Soon

CRMLS: PW21133419

$799,900

Price
October, 2020
Oct 26, 2020

Date

Sold

CRMLS: OC20194852

$390,000

Price
Oct 12, 2020

Date

Pending

CRMLS: OC20194852

$390,000

Price
Sep 28, 2020

Date

Active Under Contract

CRMLS: OC20194852

$390,000

Price
Sep 17, 2020

Date

Active

CRMLS: OC20194852

$390,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity! This duplex in up and coming North Long Beach consists of 2 studio units and a 2 car garage. It sits on a large 5,833 square foot lot. The property has a newer roof, and upgraded bathrooms. The units have a shared back patio. Both units are tenant occupied and are current on rent. This is a great opportunity to add ADUs or potentially redevelop this large lot. The property is Surrounded by shopping, schools, parks, and centrally located to the 405, 710, and 91 freeway for access to anywhere you want to go.

Continue Reading
October, 2020
Oct 26, 2020

Date

Sold

CRMLS: OC20194822

$390,000

Price
Oct 12, 2020

Date

Pending

CRMLS: OC20194822

$390,000

Price
Sep 28, 2020

Date

Active Under Contract

CRMLS: OC20194822

$390,000

Price
Sep 17, 2020

Date

Active

CRMLS: OC20194822

$390,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity! This duplex in up and coming North Long Beach consists of 2 studio units and a 2 car garage. It sits on a large 5,833 square foot lot. The property has a newer roof, and upgraded bathrooms. The units have a shared back patio. Both units are tenant occupied and are current on rent. This is a great opportunity to add ADUs or potentially redevelop this large lot. The property is Surrounded by shopping, schools, parks, and centrally located to the 405, 710, and 91 freeway for access to anywhere you want to go.

Continue Reading
October, 2020
Oct 22, 2020

Date

Sold (Public Records)

Public Records

$390,000

Price
January, 2011
Jan 7, 2011

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 81 E Market St

Assessed Value (2020): $113,423

Year	Land Value	Improved Value	Assessed Value
2020	$79,605	$33,818	$113,423

Home Value Compared to the Market

This property vs the competition

81 E Market St sold on September 1, 2021 for 0.01% lower 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 $499.94 per/sqft which puts the price per square foot 20.9% lower than the current median sale per square foot for the city of Long Beach.

About 81 E Market St

Detailed summary of property

81 E Market St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered -- bedrooms, 4 bathrooms, roughly 1,600 living square feet, and sits on an approximately 6,000 square foot lot. 81 E Market St was first listed on ArdentRealEstateGroup.com on June 19, 2021. The homeowner sold the property for $800,000. 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 0.01% lower than the current median priced home. Local homes that are currently for sale include 2022 E 15th St, 1600 Stanley Ave and 333 W 8th St. While the average home in Long Beach, CA is selling in 54 days, 81 E Market St has a days on market of 15 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 81 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 81 E Market St

Public county record property details

Beds: --
Baths: --
Year built: 1924
Sq. Ft.: 896
Lot Size: 5,832
Stories: 1

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1187
APN: 7126-029-015

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

$679,999

Median List Price/Sq.Ft.

$537

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%)

Thinking of Selling?

Is this your property?
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.