3 months on rocket

1132 E Arcadia Ct, Long Beach, CA, 90813

$1,125,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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1132 E Arcadia Ct, Long Beach$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1962
MLS #SB24178774
Lot Size0.11 Acres
StatusActive

About 1132 E Arcadia Ct

6.01% current in place cap rate and 10.76 GRM with tons of upside (43% rental upside). Value-Add investors will want to take note of of the ADU opportunity on this asset. RARE 8 parking spaces on this overparked asset. 1132 Arcadia is a perfect asset for a new or experienced investor located at the end of a quiet Culde- sac near the hottest and fastest growing market in LA Counties own in Long Beach. Great unit mix comprised of (2) 2Bed+1Bath and (3) 1Bed+1Bath units, most of which have been lightly renovated in the past 2 years. There are 8 parking spaces on site, adding significant value to the property. Each unit is separately metered for gas and electric. The subject property is located just outside the $6 Billion of new development flooding into Downtown Long Beach, including the Long Beach Civic Center, Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 259-7556
  • Listing Agent: Cameron Samimi

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: Off of Anaheim and Alamitos

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$825.1K

Med. Price/SqFt

$633

Avg. Days On Market

35

# of Sold Homes

162

1132 E Arcadia Ct vs Long Beach

105 DAYS ON ROCKET

+70 Days

$1,125,000

+$299.8K More

KEY TAKEAWAY

This property is $299.8K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24178774

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 259-7556
  • Listing Agent: Cameron Samimi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4491803
6
/10

  • Lincoln Elementary School

  • 1175 E 11th St

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-4491804
6
/10

  • Roosevelt Elementary School

  • 1574 Linden Ave

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-4491805
4
/10

  • John G. Whittier Elementary School

  • 1761 Walnut Ave

  • 0.50 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,926. Most Long Beach, CA residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1132 E Arcadia Ct

What is the listing price of this property?

The listing price of 1132 E Arcadia Ct property is $1,125,000.

What type of property is this?

The property 1132 E Arcadia Ct is a condo located in Long Beach, California, 90813.

Is this property for sale now?

Active Listing: 1132 E Arcadia Ct is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1132 E Arcadia Ct is 1962.

Rocket Homes›California›Los Angeles County›Long Beach›90813›1132 E Arcadia Ct

This home is located at 1132 E Arcadia Ct in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This home, which was built in 1962, sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $1,125,000.

In November 2024, from all listings sold in Long Beach, CA there were more than 66 sold above asking price, over 64 sold below and more than 32 were sold right at the asked price. The inventory of homes for sale in Long Beach, CA between October 2024 and November 2024 decreased by 10.6%. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $825,128.

From Rocket Homes Real Estate and based on county public records data.

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