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Sold for $670,000 · Oct 2022

SOLD
Sold

1442 Alamitos Avenue, Long Beach, CA 90813

Long Beach, CA

MLS# PV22125273

1,064 Sq Ft • Property
79 days on market

Listing Agent

George Chigogidze

Listing Agent

George Chigogidze, Broker

DRE #: 01925389

Brokerage: George Chigogidze, Broker

Property Details

N/A

Bedrooms

N/A

Bathrooms

1,064 sqft

Square Feet

1923

Year Built

2,018 sqft

Lot Size

$630

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Property

Property Type

Description

A gorgeous, income-producing, recently-remodeled triplex near the bustling downtown area and Long Beach Community College. You will struggle to find a more affordable triplex in Long Beach. Five minutes from Alamitos Beach with easy access to the 710 and 405 freeways. The property was remodeled in 2021 with a new roof, new bathrooms, and interior and exterior paint throughout. The property is well furnished and is being sold with the furniture. Two units are on month-to-month leases, and the third unit is being rented as an Airbnb rental. The tenants and residents have access to a shared, on-site laundry. This property cashflows well and is being offered at a 10x GRM relative to existing income levels. All three units are studios.

Listing description from the October 2022 sale, as reported to CRMLS.

Sale history for 1442 Alamitos Avenue

3 recorded sales

$670,000
Sold October 2022 · on market June 2022, 79 days on market · MLS #PV22125273 · Source: CRMLS
Listing Agent: George Chigogidze · Listing Office: George Chigogidze, Broker · Contact: 323-628-6289 · Bought with: Lara Andrews · Compass
$495,000
Sold October 2020 · on market August 2020 · MLS #SB20156989 · Source: CRMLS
Listing Agent: Ron Riggs · Listing Office: NextGen Realty Group · Contact: 310-930-2828 · Bought with: George Chigogidze · George Chigogidze, Broker
$320,000
Sold February 2016 · listed $319,000, orig. $324,000, on market September 2015, 140 days on market · MLS #DW15209432 · Source: CRMLS
Listing Agent: Leticia Munoz · Listing Office: Century 21 My Real Estate · Contact: 562-927-2626 · Bought with: Ron Riggs · California Homes - Riggs & Ass

How this sale compares

1442 Alamitos Avenue sold for $670,000 in October 2022, at its full list price, after 79 days on the market. Across 99 closed sales in 90813 over the last 12 months, the median sold price is $720,000 and the median is $489 per square foot.

$489
90813 median per sq ft (12 mo)
$720,000
90813 median sold price (12 mo)
99
Closed sales in 90813 (12 mo)
79
Days on market
QuarterClosed sales in 90813Median sold price
Q1 20269$610,000
Q2 202638$750,000
Q3 202636$710,000
Q4 202616$732,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Long Beach · Homes for sale in 90813

Recent sales near 1442 Alamitos Avenue

Closed sales reported in 90813, nearest first, last 12 months. All recent sales in Long Beach →

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