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Sold on 03/31/2017
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229 E 57th St, Long Beach, CA 90805

  • $1,515,000

    Last sold 03/31/2017 after 79 Days

  • 2

    bed

  • 1

    bath

House not for sale
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About 229 E 57th St

Property type House
Neighborhood
Year built 1961
HOA fee $0/month
Lot size 6,135 Sqft
Rental estimate
Property description
7 units located in North Long Beach NOT subject to rent control. All units are 2 Bed, 1 Bath and theproperty has onsite laundry and 4 carport parking spaces. The property is professionally managed and has been heavily remodeled. Rents in Long Beach have been increasing rapidly and tenants are willing to pay for remodeled product.The current owner has spent over $100,000 on improvements including new landscaping, exteriorpaint, new windows, new roof, new water heater and completely remodeled unit interiors
Listed by
Listing Agent - Jonathan
Listing Office - The Agency
Source: San Diego MLS mls logo
MLS#17192060 • last updated 6 years ago
Movoto checked San Diego MLS for data 7 minutes ago
Overview
Cooling/AC N/K
Status SOLD
SubType Res Income 2-4 Units
MLS # 17192060
Lot Size (SqFt) 6135
Year Built 1961
Location
County Los Angeles
APN 7126002014
Zoning LBR1N
Directions North Long Beach On A Quiet Street. NOT Subject To Rent Control.
Multifamily Details
Unit 1: # Total Baths 1
Unit 1: # Bedrooms 2
Unit 1: Garage Desc Assigned
Total # of Units 7
Gross Rent Multiplier (Actual) 12.1
Rental est.: $1,947/month
Gross rent multiplier: 64.9
  • Sep 2018
    mls logo MLS # 18344346
  • Sep 15, 2018 Sold
    $1,725,000
  • Sep 14, 2018 Sold
    $1,725,000 (-1.4%)
  • Aug 21, 2018 Active
    —
  • May 15, 2018 Listed
    $1,750,000
  • May 15, 2018 Listed
    $1,750,000 (+15.5%)
  • Mar 2017
    mls logo MLS # 17192060
  • Mar 31, 2017 Sold
    $1,515,000
  • Mar 31, 2017 Sold
    $1,515,000 (-2.2%)
  • Feb 14, 2017 Pending
    —
  • Jan 11, 2017 Listed
    $1,549,000
  • Jan 11, 2017 Listed
    $1,549,000 (+48.9%)
  • Mar 2016
    mls logo MLS # PW16012509
  • Mar 31, 2016 Sold
    $1,040,000
  • Mar 31, 2016 Sold
    $1,040,000 (-5.5%)
  • Jan 20, 2016 Listed
    $1,100,000
  • Jan 20, 2016 Listed
    $1,100,000
  • 229 E 57th St
    $1.51M
  • Dairy
    $749K +6% y/y
  • 90805
    $699K -1% y/y
  • Long Beach
    $724K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Addams Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Lindsey Academy
public Grades 6-8
Long Beach Unified School District
3/10
Jordan High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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