1534 Grand Avenue, Unit 3

Long Beach, CA 90804

$1,280,000
Last Sold Price
5
Beds
5
Baths
3,570 Sq. Ft.
$359 / Sq. Ft.
3,570
Sq. Ft.
$359
per Sq. Ft.

Description

The perfect investment opportunity in an excellent area. "The Ravenna Building", is a 4 unit building located in the great Eastside part of Long Beach. This property offers a solid tenant base with low vacancy rates. Beautifully maintained, gated sparkling pool and a well-manicured lawn with surrounding trees. New parking asphalt. The building has been well maintained with all units in good conditions. Consisting of 3 large one-bedrooms and 1 large two-bedroom/two-bathroom townhouse with it's own...The perfect investment opportunity in an excellent area. "The Ravenna Building", is a 4 unit building located in the great Eastside part of Long Beach. This property offers a solid tenant base with low vacancy rates. Beautifully maintained, gated sparkling pool and a well-manicured lawn with surrounding trees. New parking asphalt. The building has been well maintained with all units in good conditions. Consisting of 3 large one-bedrooms and 1 large two-bedroom/two-bathroom townhouse with it's own private balcony, fireplace, enclosed patio and laundry closet with dishwashers in each unit- all separately metered for gas and electric. There are 4 attached garages with newly installed automatic garage door openers. Additionally, there are 4 extra off-street parking spaces, ideal for added income. This is a great opportunity for an investor looking to add-value and capture strong potential rental upside. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, CSULB, freeways, schools, Belmont Shore and Downtown Long Beach.owners might be open to sell all 3 buildings to the right buyers at $4m best offer.
  1. Listed by Marcos Ramirez • DRE #01339740 • Brokerage DRE #01917184 • Keller Williams Pacific Estate

Property Details for 1534 Grand Avenue, Unit 3

Parking Spaces Total
4
Private Pool
Yes
Total Units
4.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
3570
Assessor Parcel Number
7253-013-053
Property Attached YN
true

Location

Listing Courtesy of Keller Williams Pacific Estate, Marcos Ramirez, DRE #01339740

Sold By NSI Corp/Pike Properties #104, Melissa Ginsburg, DRE #02090875

Add your commute
LISTING UPDATED: 04/05/2021 05:27 AM

Property Details for 1534 Grand Avenue, Unit 3

StatusClosed
MLS #RS20243066
Days on Market111
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.15 AC / 6,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Pacific Estate, Marcos Ramirez, DRE #01339740

Sold By NSI Corp/Pike Properties #104, Melissa Ginsburg, DRE #02090875

Add your commute

Building Information for 1534 Grand Avenue, Unit 3

Stories2Residences-Year Built1963Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$7,794 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,985

Property Taxes

$809

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1534 Grand Avenue, Unit 3

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Financing: Cash
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 28786
  • Tax Census Tract: 5750.02
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Pool Features: Private
  • Pool Description: Private
Land/Lot Info
  • Lot Features: Garden
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Circle
  • Builders Tract Code: Circle (CA)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,972
  • Unit Type Total Rent: $1,972
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,333
  • Unit Type Total Rent: $1,333
  • Unit Type Pro Forma: 1725
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,333
  • Unit Type Total Rent: $1,333
  • Unit Type Pro Forma: 1725
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,395
  • Unit Type Total Rent: $1,395
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Public Records for 1534 Grand Avenue, Unit 3

Taxable ValueLand$428,971Additions$321,722Total$750,693
Tax Record2020$9,706 ($809 / month)
Home Facts
Total Finished SqFt3,570 SqFtAbove Grade Finished SqFt3,570 SqFtLot Size2,196 SqFtStyleQuadraplexYear Built1963Year Renovated1963ZoningLBR2NCountyLOS ANGELESAPN7253013053

Schools near 1534 Grand Avenue, Unit 3

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bryant Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Pacific Estate, Marcos Ramirez, DRE #01339740

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.