2465 Pasadena Ave
Long Beach, CA 90806

Bd   Ba   3,680 Sqft   213 Days
Recently reduced. Don't miss this opportunity! NO RENT CONTROL INVESTOR'S DELIGHT/RENTS BELOW MARKET VALUE UPSIDE OPPORTUNITY This 10 unit complex with Courtyard style building provides a strong income base for the owner. While this property is cosmetically attractive and convenient to tenants for schools, shopping, and public transportation, it also has an upside for future rent increases. Estimated market value potential increase to $106,200 GSI. The property is well gated at both ends and the courtyard provides each unit sunlight. The seller leased Washer/Dryer in Laundry Room provides a steady income. Each unit is separately electric metered and master metered gas.
  • MLS#SB16084359 provided by Charles Brewer of Keller Williams Realty
  • Movoto last checked CRMLS for new data 59 minutes ago
  • CRMLS last updated this listing 10 months ago

Home Features for 2465 Pasadena Avenue, Long Beach

Year Built: 1923
Lot Size Acres: 0.14
Lot Size Square Feet: 6092
Lot Size Units: Square Feet
Lot Size Area: 6092
Price Per Square Foot: 317.93
Tax Lot: 21
Tax Tract Number: 2268
New Taxes Expense: 15000
Parcel Number: 7208009010
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Levels: One
Entry Location: Ground Level
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Number Of Buildings: 2
Building Area Total: 3680
Number Of Units Total: 10
Property Attached Y/N: 1
Amenities / Utilities
Trash Expense: 1000
Water Sewer Expense: 3000
Electric Expense: 871
Laundry Features: Community
Community Features: Curbs, Sidewalks, Suburban
Pool Features: None
Location
Road Frontage Type: City Street
Subdivision Name: Other (OTHR)
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Property History for 2465 Pasadena Avenue, Long Beach

Status
Date
Price
Sold
Nov 21, 2016
$1,170,000
Active
(Under Contract)
Oct 6, 2016
Price Change
Sep 12, 2016
$1,199,000
Listed
Aug 11, 2016
Pending
Jul 29, 2016
Listed
Jul 22, 2016
Pending
Jul 7, 2016
Listed
Apr 22, 2016
$1,245,000
#SB16084359

Real Estate Market Statistics for 2465 Pasadena Avenue, Long Beach

No data!
Central Long Beach
Long Beach
90806
2465 Pasadena Avenue
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.2M

2465 Pasadena Avenue

$419K

Central Long Beach

25% y/y

Central Long Beach

$849K

90806

0% y/y

90806

$620K

Long Beach

0% y/y

Long Beach

See all trends for Long Beach
2465 Pasadena Ave is a multi family home located in 90806 in Long Beach, CA. It was last listed for $1,170,000, which is 38% above the current market median of $849,900 in 90806 and 89% above the market median of $620,000 in Long Beach. 2465 Pasadena Ave is approximately 3,680 Sqft, which is 158% above the median size in Long Beach of 1,428 Sqft and 0% above the median size in 90806 of 0 Sqft. This property's price per square foot was $318, which is 0% above the current median in 90806 of $0 and 28% below the Long Beach median of $442. As of today, , there are 1 properties listed for sale in ZIP code 90806 and 453 properties listed for sale in the city of Long Beach. Of those 453 properties, there are 296 single family houses and 157 condos.
Built in 1923, this multi family house at 2465 Pasadena Ave, Long Beach CA, 90806 is approximately 3,680 square feet and does not come with a parking spot. It was last listed $1,170,000 with a cost per Sqft of $318. 2465 Pasadena Ave is located in the Central Long Beach neighborhood in the Long Beach Unified School District. The closest school is Burnett Elementary School.

2465 Pasadena Ave, Long Beach CA, 90806 was on the market for 213 days. The median days on the market for properties in this area is 36 with a median list price of $620,000 and median cost per square foot of $442. Its current status is sold under the MLS #SB16084359.

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