839 Grand Ave, Long Beach, CA 90804
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839 Grand Ave Long Beach, CA 90804

$1,515,000 Sold Price as of 03/30/2021
  • 10 Beds
  • 7 Baths
  • 4,808 Sq.Ft.
Sold
$1,515,000 Sold Price as of 03/30/2021 Refinance Your Mortgage

Map preview of 839 Grand Ave, Long Beach, CA 90804

Property Overview: 839 Grand Ave Long Beach, CA has 10 bedrooms, 7 bathrooms, 4,808 living square feet and 5,651 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic 4 unit building in a nice quiet location, property consists of (3) 3 Bedroom 2 Bath units and (1) 1 Bedroom 1 Bath unit. Each 3 bedroom unit comes with a tandem 2 car garage, and the 1 bedroom unit comes with a 1 car garage, (7 garages in total), laundry room. Each unit has one or more private deck/patio, upper units have vaulted ceilings, the 3 bedroom units are large and spacious, property has been well maintained and recently painted and a newer roof.

Listed by John Lindberg | BRE #01010112 | Re/Max R. E. Specialists
Co-listed by Jamee Lindberg | BRE #01107487 | Re/Max R. E. Specialists
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,651
HOA Dues
$0/mo
Year built
1988
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21024570
City
Long Beach
County
Los Angeles
Time on Site
1322 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # 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
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,375
  • Total Rent: $2,375
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,375
  • Total Rent: $2,375
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $94,740
  • Net Operating Income: $73,898
  • Gross Operating Income: --
  • Gross Spendable Income: $17
Annual Expense Breakdown
  • Total Operating Expense: $20,842
  • Electric: $2,400
  • Gas/Fuel: $1,250
  • New Taxes: $19,687
  • Trash: $100
  • Insurance: $2,900
  • Professional Management: $4,737
  • Water/Sewer: $3,400

Property Details for 839 Grand Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7254015033
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: From 8th Street head North on Grand Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 839 Grand Ave

Last sold for $1,515,000 on March 30th, 2021
  • March, 2021

  • Mar 30, 2021

    Date

    Sold

    CRMLS: PW21024570

    $1,515,000

    Price

  • Feb 5, 2021

    Date

    Active Under Contract

    CRMLS: PW21024570

    $1,575,000

    Price

  • Feb 5, 2021

    Date

    Active

    CRMLS: PW21024570

    $1,575,000

    Price

  • August, 2013

  • Aug 21, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 839 Grand Ave

Assessed Value (2020): $859,036
Year Land Value Improved Value Assessed Value
2020 $473,622 $385,414 $859,036

Home Value Compared to the Market

This property vs the competition

839 Grand Ave sold on March 30, 2021 for 92.31% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $327.58 per/sqft which puts the price per square foot 47.84% lower than the current median sale per square foot for the city of Long Beach.

About 839 Grand Ave

Detailed summary of property

839 Grand Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 4,808 living square feet, and sits on an approximately 5,651 square foot lot. 839 Grand Ave was first listed on ArdentRealEstateGroup.com on February 5, 2021. The homeowner sold the property for $1,515,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 92.31% higher than the current median priced home. Local homes that are currently for sale include 1120 Stanley Ave, 70 Roswell Ave and 70 Roswell Ave. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 839 Grand 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 839 Grand Ave

Public county record property details
Beds
7
Baths
7
Year built
1988
Sq. Ft.
4,808
Lot Size
5,651
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
7254-015-033

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
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), Other (0%)

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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.