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928 Long Beach Blvd, Long Beach, CA 90813
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928 Long Beach Blvd Long Beach, CA 90813

$2,599,999
  • 12 Beds
  • 12 Baths
  • 6,793 Sq.Ft.
For Sale
$2,599,999 Get Pre-Qualified
Map preview of 928 Long Beach Blvd, Long Beach, CA 90813

Property Overview: 928 Long Beach Blvd Long Beach, CA has 12 bedrooms, 12 bathrooms, 6,793 living square feet and 12,532 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: Introducing 928 Long Beach Blvd: A Remarkable Downtown Long Beach Investment located in the Opportunity Zone where there are many benefits from the city as an investor. A meticulously crafted twelve-unit apartment complex that beckons astute investors and visionary minds. Encompassing a sprawling 12,537 square foot parcel, with an impressive 6,793 square feet of thoughtfully designed of rentable space, long term tenants, fresh landscaping, room for rent increase, prime location of down-town Long Beach, consist of 2 separate parcels that makes it an amazing opportunity ready for a developer or a builder to start right away. This property enjoys proximity to an array of urban conveniences. A dynamic rental market, coupled with easy access to amenities, entertainment, freeways, and transportation hubs.

Listed by Benny Huynh | BRE #01756802 | Advance Estate Realty
Co-listed by Minh Pham | BRE #01924281 | Advance Estate Realty
Last checked: 1 minute ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
12,532
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
OC24076227
City
Long Beach
County
Los Angeles
Time on Site
15 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
  • # of Leased Units: 12
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • 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 928 Long Beach Blvd

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Property Details for 928 Long Beach Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Common Interest: None
Property Information
  • Total # of Units: 12
  • Parcel Number: 7273011031
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Long Beach Bvld/ E 10th St.
View more facts & features

Local Long Beach Agent

Sale History for 928 Long Beach Blvd

Last sold on December 3rd, 2004

  • April, 2024

  • Apr 16, 2024

    Date

    Active

    CRMLS: OC24076227

    $2,599,999

    Price

  • March, 2024

  • Mar 21, 2024

    Date

    Canceled

    CRMLS: OC24024886

    $2,700,000

    Price

  • Feb 3, 2024

    Date

    Active

    CRMLS: OC24024886

    $2,700,000

    Price

  • Listing provided courtesy of CRMLS

    A Remarkable Downtown Long Beach Investment Discover a rare and exciting opportunity to own a prime piece of real estate in the heart of Downtown Long Beach. A meticulously crafted 12 units apartment complex that beckons astute investors and visionary minds. Situated within a thriving rental enclave, this property boasts unparalleled potential for lucrative returns. Encompassing a sprawling 12,537 square foot parcel, with an impressive 6,793 square feet of thoughtfully designed rentable space, this is a canvas primed for transformation. Elevating its appeal, 928 Long Beach Blvd presents an enticing proposition for value appreciation. The occupied units hold untapped potential for rent escalation, underlining the investment's promise as a value-add gem. Nestled amidst the vibrant tapestry of Downtown Long Beach, this property enjoys proximity to an array of urban conveniences. A dynamic rental market, coupled with easy access to amenities, entertainment, and transportation hubs.

  • October, 2023

  • Oct 12, 2023

    Date

    Canceled

    CRMLS: OC23159276

    $2,849,999

    Price

  • Aug 26, 2023

    Date

    Active

    CRMLS: OC23159276

    $2,849,999

    Price

  • Listing provided courtesy of CRMLS

    A Remarkable Downtown Long Beach Investment Discover a rare and exciting opportunity to own a prime piece of real estate in the heart of Downtown Long Beach. A meticulously crafted 12 units apartment complex that beckons astute investors and visionary minds. Situated within a thriving rental enclave, this property boasts unparalleled potential for lucrative returns. Encompassing a sprawling 12,537 square foot parcel, with an impressive 6,793 square feet of thoughtfully designed rentable space, this is a canvas primed for transformation. Elevating its appeal, 928 Long Beach Blvd presents an enticing proposition for value appreciation. The occupied units hold untapped potential for rent escalation, underlining the investment's promise as a value-add gem. Nestled amidst the vibrant tapestry of Downtown Long Beach, this property enjoys proximity to an array of urban conveniences. A dynamic rental market, coupled with easy access to amenities, entertainment, and transportation hubs.

  • November, 2020

  • Nov 24, 2020

    Date

    Canceled

    CRMLS: 20624156

    $2,500,000

    Price

  • Aug 28, 2020

    Date

    Active

    CRMLS: 20624156

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present the opportunity to acquire 928 Long Beach Blvd, a thirteen-unit apartment complex in a dense rental population in Downtown Long Beach. The property sits on a 12,537 square foot parcel with 6,793 square feet of rentable space. Built in 1920, 928 Long Beach Blvd is comprised of one (1) 5 Bedroom/2 Bathroom house and twelve (12) Studio units. The house is separately metered for gas and electricity and the studio units are separately metered for electricity only. The house offers tenants with a two (2) car covered garage. With 3 vacant units and potential upside in rents for the occupied units, this property provides an astute investor a unique value-add opportunity.

  • August, 2020

  • Aug 5, 2020

    Date

    Canceled

    CRMLS: OC20063103

    $2,650,000

    Price

  • Jul 17, 2020

    Date

    Hold

    CRMLS: OC20063103

    $2,650,000

    Price

  • Jul 8, 2020

    Date

    Price Change

    CRMLS: OC20063103

    $2,650,000

    Price

  • Mar 25, 2020

    Date

    Active

    CRMLS: OC20063103

    $2,900,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED! 928 Long Beach is located in the highly desirable Downtown neighborhood in Long Beach on the highly coveted street of Long Beach Blvd near major developments and the Metro Blue Line. This rare 13 unit property offers an investor and/or owner-occupier to acquire a rare value add investment opportunity in a strong developing rental market. The property boasts an extremely large 5 bedroom Victorian house in the front, and (12) bungalow style single units in the rear. The building was originally built in 1920 with a total size of 6,793 SF, sitting on a large 12,502 SF lot zoned PD30 in the Downtown Plan allowing for potential development opportunity. Prime Location in Long Beach near Downtown, Retro Row, Ocean, Dignity Health Medical Hospital, Port of Long Beach, Queen Mary, Shoreline Village, Restaurants & Shops.

  • December, 2004

  • Dec 3, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2004

  • Feb 26, 2004

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

Show More

Tax History for 928 Long Beach Blvd

Assessed Value (2020): $650,733
Year Land Value Improved Value Assessed Value
2020 $477,954 $172,779 $650,733

Home Value Compared to the Market

This property vs the competition

928 Long Beach Blvd is listed 225.04% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $382.75 per/sqft which puts the price per square foot 40.57% lower than the median price per square foot for the city of Long Beach.

About 928 Long Beach Blvd

Detailed summary of property

928 Long Beach Blvd is a mixed use located in Long Beach, CA 90813 and is currently for sale. This mixed use property offers 12 bedrooms, 12 bathrooms, roughly 6,793 living square feet, and sits on an approximately 12,532 square foot lot. 928 Long Beach Blvd was first listed on ArdentRealEstateGroup.com on April 17, 2024. The homeowner is currently asking $2,599,999. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 225.04% higher than the median priced home. Local competing homes currently for sale include 13017 S Broadway, 9101 S Alameda St and 10721 S Broadway. While the average home in Long Beach, CA is selling in 54 days, 928 Long Beach Blvd has a days on market of 16 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 928 Long Beach Blvd Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 928 Long Beach Blvd

Public county record property details
Beds
4
Baths
14
Year built
1920
Sq. Ft.
6,793
Lot Size
12,537
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7273-011-031

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
28
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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Long Beach Agent
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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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