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935 Elm Ave Long Beach, CA 90813

$1,002,777 Sold Price as of 04/10/2020

4 Beds
4 Baths
3,344 Sq.Ft.

Sold

$1,002,777 Sold Price as of 04/10/2020 Refinance Your Mortgage

Map preview of 935 Elm Ave, Long Beach, CA 90813

Property Overview: 935 Elm Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 3,344 living square feet and 7,481 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Very well maintained units. Oversized one bedroom units. Easy management. Great investment opportunity. Rents are close to market. Good long term tenants. Big back yard with 4 garages. Near Cal State Long Beach. Close to beach and downtown and easy access to the fwys and St Mary's hospital. This would be a good one to buy if you want to live in one and have the tenants help with the mortgage. If you are looking to buy multiple units this is an awesome buy. Don't let this one get away from you.

Listed by Mary Edwards | BRE #01103542 | RE/MAX College Park Realty

Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft: 7,481
HOA Dues: $0/mo
Year built: 1923
Garage: 4 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW19267097
City: Long Beach
County: Los Angeles
Time on Site: 1395 days

Multi-Family Unit Breakdown

Unit Mix Summary

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

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200
Pro Forma/Market Rent: $1,350

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,400
Total Rent: $1,400
Pro Forma/Market Rent: $1,400

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,300
Total Rent: $1,300
Pro Forma/Market Rent: $1,350

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,000
Total Rent: $1,000
Pro Forma/Market Rent: $1,200

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $4,900
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 935 Elm Ave

Interior Features

Cooling Information

No Cooling
None

Heating Information

Has Heating
Wall Furnace

Laundry Information

Has Laundry
Community

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 4
Has Parking
Parking Features: Garage

Lot Information

Lot Features: Back Yard, Lawn
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 4
Parcel Number: 7273011032
Year Built Source: Appraiser
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Sewer Paid
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: Downtown (DT)
Directions: S/Anaheim W/Atlantic

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Long Beach Agent

Sale History for 935 Elm Ave

Last sold for $1,002,777 on April 10th, 2020

April, 2020
Apr 10, 2020

Date

Sold

CRMLS: PW19267097

$1,002,777

Price
Jan 23, 2020

Date

Pending

CRMLS: PW19267097

$989,000

Price
Nov 18, 2019

Date

Active

CRMLS: PW19267097

$989,000

Price
April, 2020
Apr 7, 2020

Date

Sold (Public Records)

Public Records

$1,003,000

Price
July, 2011
Jul 22, 2011

Date

Sold (Public Records)

Public Records

$435,000

Price

Tax History for 935 Elm Ave

Assessed Value (2020): $499,593

Year	Land Value	Improved Value	Assessed Value
2020	$344,548	$155,045	$499,593

Home Value Compared to the Market

This property vs the competition

935 Elm Ave sold on April 10, 2020 for 23.62% higher 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 $295.75 per/sqft which puts the price per square foot 53.2% lower than the current median sale per square foot for the city of Long Beach.

About 935 Elm Ave

Detailed summary of property

935 Elm Ave is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,344 living square feet, and sits on an approximately 7,481 square foot lot. 935 Elm Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,002,777. 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 23.62% higher than the current median priced home. Local homes that are currently for sale include 1890 E 20th St, 3409 Walnut Ave and 4110 E Vermont St. While the average home in Long Beach, CA is selling in 51 days, 935 Elm Ave has a days on market of 29 days. There are currently 643 homes for sale in the Long Beach real estate market and 358 of them are single family homes while 270 of them are condos and 15 are townhomes. For more information on this home for sale at 935 Elm Ave 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 935 Elm Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1923
Sq. Ft.: 3,344
Lot Size: 7,506
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 7273-011-032

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

$570,000

Median List Price/Sq.Ft.

$546

Median Sold Price

$584,000

Median Sold Price/Sq.Ft.

$592

Total Inventory

Median Sale to List Price %

108.35%

Avg Days on Market

Loan Type

Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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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.