Sold for $2,395,000

Listed by: Morgan Skenderian • Peter Gillin • Contact: 949-630-0592

Bought with: Hyun Joo Hong, Broker

$2,395,000

2195 Pasadena Ave, Long Beach, CA 90806

14beds

10baths

7,055sqft

Multi Family

Built in 1964

-- sqft lot

$1,780,400 Zestimate^®

$339/sqft

$2,844 Estimated rent

Home value

$1,780,400

$1.51M - $2.12M

$2,844/mo

Zestimate^® history

Owner options

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$2,844/mo

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$2,844/mo

Rent Zestimate^®

Refinance and save

$15,191/mo

Est. payment

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$15,191/mo

Est. payment

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What's special

2195 Pasadena Ave. is an attractive and well-maintained investment property located in a high demand rental area. Reasons to Consider: -Attractive Mix of 1 Bedroom and 2 Bedroom Units -Substantial Rental Upside -6.5% Cap Rate on Current Rents -7 Individual Garages -Laundry Room & Garden Area

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 14
Bathrooms: 10

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Common Area

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 7,055
Total interior livable area: 7,055 sqft

Property

Parking

Total spaces: 7
Parking features: Garage
Garage spaces: 7

Features

Entry location: 10
Pool features: None

Lot

Size: 7,310 Square Feet
Features: 26-30 Units/Acre, Garden

Details

Parcel number: 7208028001
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1964

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Sidewalks
Subdivision: Poly High (Ph)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $339/sqft
Date on market: 7/30/2024
Cumulative days on market: 16 days
Listing terms: Cash to New Loan
Tenant pays: Cable TV, Electricity, Gas

Price history

Date	Event	Price
9/6/2024	Sold	$2,395,000+5.3%$339/sqft
Source: CRMLS #PW24150467 Report a problem
8/16/2024	Pending sale	$2,275,000$322/sqft
Source: CRMLS #PW24150467 Report a problem
7/30/2024	Listed for sale	$2,275,000$322/sqft
Source: CRMLS #PW24150467 Report a problem