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88 W 49th St, Long Beach, CA 90805
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88 W 49th St Long Beach, CA 90805

$580,000 Sold Price as of 08/07/2020
  • 4 Beds
  • 2 Baths
  • 1,684 Sq.Ft.
Sold
$580,000 Sold Price as of 08/07/2020 Refinance Your Mortgage
Map preview of 88 W 49th St, Long Beach, CA 90805

Property Overview: 88 W 49th St Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,684 living square feet and 6,778 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Outstanding income property consisting of 2 house on a lot. Both units are 2 bedrooms, 1 bath, legally, but tenants have converted the garage into 3 bedroom for each unit. Great opportunity for your first time home buyer or for your inverter. Both units need some TLC, both units are rented and generating good income. Located on south Del Amo Blvd. and west of Long Beach Blvd.

Listed by Saul Miranda | BRE #01432460 | Amerex Realty Inc
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
6,778
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
RS20104863
City
Long Beach
County
Los Angeles
Time on Site
1408 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $16,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,300
  • Electric: $1
  • Gas/Fuel: $1
  • New Taxes: $7,250
  • Trash: $360
  • Insurance: $1
  • Water/Sewer: $720

Property Details for 88 W 49th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7133033029
  • 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: North Long Beach (NLB)
  • Directions: Located on south Del Amo Blvd. and west of Long Beach Blvd.
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Long Beach Agent

Sale History for 88 W 49th St

Last leased for $2,495 on January 22nd, 2021

  • January, 2021

  • Jan 26, 2021

    Date

    Leased

    CRMLS: SW21008361

    $2,495

    Price

  • Jan 21, 2021

    Date

    Pending

    CRMLS: SW21008361

    $2,495

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: SW21008361

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Fantastic duplex in Long Beach! 3 bedrooms, 1 bathroom. Owner renovated the entire unit! This home has a brand new and beautiful kitchen, Corian counters, new stove, new sink. The home has new double pane windows, new paint, new floors, and new bathroom! Half of the garage was converted in 1 bedroom with a closet. Laundry is in the garage. This unit is one block away from Long Beach Boulevard and few blocks from Del Amo Boulevard. Few blocks away from North 710 Freeway. Also, walking distance to restaurants, supermarkets, and more. Ready now!. Shown by appointment only~

  • August, 2020

  • Aug 8, 2020

    Date

    Sold

    CRMLS: RS20104863

    $580,000

    Price

  • Jul 12, 2020

    Date

    Pending

    CRMLS: RS20104863

    $579,900

    Price

  • Jun 1, 2020

    Date

    Active

    CRMLS: RS20104863

    $579,900

    Price

  • July, 2020

  • Jul 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • October, 2000

  • Oct 6, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 88 W 49th St

Assessed Value (2020): $259,014
Year Land Value Improved Value Assessed Value
2020 $107,462 $151,552 $259,014

Home Value Compared to the Market

This property vs the competition

88 W 49th St sold on August 7, 2020 for 27.51% 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 $344.36 per/sqft which puts the price per square foot 45.51% lower than the current median sale per square foot for the city of Long Beach.

About 88 W 49th St

Detailed summary of property

88 W 49th St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,684 living square feet, and sits on an approximately 6,778 square foot lot. 88 W 49th St was first listed on ArdentRealEstateGroup.com on July 11, 2020. The homeowner sold the property for $580,000. 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 27.51% lower than the current median priced home. Local homes that are currently for sale include 155 E Colden Ave, 10409 S Figueroa St and 10409 S Figueroa St. While the average home in Long Beach, CA is selling in 51 days, 88 W 49th St has a days on market of 39 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 88 W 49th 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 88 W 49th St

Public county record property details
Beds
4
Baths
2
Year built
1958
Sq. Ft.
1,684
Lot Size
6,777
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
7133-033-029

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
$699,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
63
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

Thinking of Selling?

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(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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