5 months on rocket

1903 E 59th St, Long Beach, CA, 90805

$725,000

Home List Price

$8,609*

Closing Credit

2 Bedrooms
2 Full Baths
1,000 SqFt
$725/SqFt
House

Location

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1903 E 59th St, Long Beach$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1923
FireplaceLiving Room
ViewNone
MLS #P1-18003
Lot Size0.11 Acres
StatusActive

About 1903 E 59th St

This investment opportunity is one of two adjacent properties in Long Beach. The property is tenant occupied, generating $3,000/month, but will be delivered vacant at closing. This provides flexibility for various strategies, such as redevelopment, leasing, or renovation. Long Beach's dynamic real estate market and diverse community makes this property promising investment with significant potential. Acquiring both properties together maximizes investment benefits and streamlines management. Other property for sale is 1909 E. 59th St (APN:​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌​​​​‌‌‌​​​ 7123-013-008).

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (626) 803-2000
  • Listing Agent: Ramiro Rivas

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Other

Directions Information:

  • Directions: West of Cherry Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $725/SqFt

Tax Information:

  • Annual Amount: $2,116
  • Tax Year: 2021
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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

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

1903 E 59th St vs Long Beach

158 DAYS ON ROCKET

+124 Days

$725,000

-$99.6K Less

$725/SqFt

+$92 More

KEY TAKEAWAY

This property is $99.6K less than the Median Sold Price and $92/SqFt more than other homes in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-18003

Listing Office:

  • Office Name: The Agency
  • Office Phone: (626) 803-2000
  • Listing Agent: Ramiro Rivas

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: 11/15/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,116$152,737
2020$2,086$151,171
2019$1,997$148,208
2018$1,976$145,303
2017$1,976$142,455

History based on county public records data.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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-376095
4
/10

  • Bret Harte Elementary School

  • 1671 E Phillips St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-376096
5
/10

  • Grant Elementary School

  • 1225 E 64th St

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-376097
3
/10

  • Barton Elementary School

  • 1100 E Del Amo Blvd

  • 1.20 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 $56,528. The majority of Long Beach, CA residents have income between $35k-100k annually. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1903 E 59th St

What is the listing price of this property?

The listing price of 1903 E 59th St property is $725,000.

What type of property is this?

The property 1903 E 59th St is a house located in Long Beach, California, 90805.

Is this property for sale now?

Active Listing: 1903 E 59th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,116 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1903 E 59th St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1903 E 59th St is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1903 E 59th St is 1923.

Rocket Homes›California›Los Angeles County›Long Beach›90805›1903 E 59th St

This home is located at 1903 E 59th St in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. This 1,000 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $725,000.

In October 2024, from all listings sold in Long Beach, CA there were more than 94 sold above asking price, over 83 sold below and more than 35 were sold right at the asked price. The number of listings in Long Beach, CA decreased by 0.1% between September 2024 and October 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $824,667 during the same period.

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

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