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3402 Gundry Ave, Long Beach, CA, 90807

$2,895,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Garage1 space
Year Built1963
MLS #OC24187202
Lot Size0.28 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 3402 Gundry Ave

3402 Gundry Avenue is a 10-unit multifamily investment property located in the California Heights neighborhood of Long Beach, CA. 3402 Gundry Avenue offers an attractive mix consisting of 6, one-bedroom units and 4, two-bedroom units. The property offers gated pedestrian access leading to a charming common-area courtyard, nine tuck-under parking with storage lockers, a tandem surface space, an on-site laundry facility, and a spacious storage unit. Additionally, there is an unused open space which could be converted into an additional storage unit, with both storage units providing potential additional revenue streams. 3402 Gundry Avenue is situated in the desirable California Heights neighborhood of Long Beach where residents enjoy convenient access to everyday needs as well as a plethora of cafes, restaurants, and retailers located along Atlantic Avenue. The property is located within 0.50 miles of a Target anchored retail center, providing residents easy access to everyday needs. Additionally, 3402 Gundry Avenue is just over 1.75 miles from Long Beach Exchange, a recently developed outdoor shopping mall with a plethora of retail, dining, and entertainment options. Furthermore, the property is proximate to Long Beach Memorial Medical Center, the third top employer in the city with nearly 5,500 practitioners and staff members according to Long Beach’s 2023 Annual Comprehensive Financial Report. 3402 Gundry benefits from its close proximity to Interstate 405, connecting residents to employment hubs throughout Southern California. The neighborhoods surrounding the property provide tenants convenient access to a wide variety of activities, employment, transportation, and retail amenities. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 3402 Gundry Avenue.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2

Listing Office:

  • Office Name: Marcus & Millichap RE Invest
  • Office Email: tleeson@marcusmillichap.com
  • Listing Agent: Tyler Leeson

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Other

Directions Information:

  • Directions: Cross Streets of Gundry Avenue & East Wardlow Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,895,000

Tax Information:

  • Annual Amount: $5,381
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

3402 Gundry Ave vs Long Beach

73 DAYS ON ROCKET

+39 Days

$2,895,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M 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: #OC24187202

Listing Office:

  • Office Name: Marcus & Millichap RE Invest
  • Office Email: tleeson@marcusmillichap.com
  • Listing Agent: Tyler Leeson

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: 11/21/2024, 11:20:53 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$5,381$292,134
2020$5,305$289,140
2019$4,997$283,471
2018$4,945$277,913
2017$4,945$272,465

History based on county public records data.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,746

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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-457090
7
/10
  • Longfellow Elementary School

  • 3800 Olive Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-457091
7
/10
  • Signal Hill Elementary School

  • 2285 Walnut Ave

  • 1.41 miles

  • Public District Grades KG-5

school-card-donut-457092
7
/10
  • Los Cerritos Elementary School

  • 515 W San Antonio Dr

  • 1.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,654. Typical income of Long Beach, CA residents is between $35k-100k annually. The majority of families are single, no 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 3402 Gundry Ave

What is the listing price of this property?

The listing price of 3402 Gundry Ave property is $2,895,000.

What type of property is this?

The property 3402 Gundry Ave is a condo located in Long Beach, California, 90807.

Is this property for sale now?

Accepting Backup Offers: 3402 Gundry Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,381 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3402 Gundry Ave is 1963.
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Rocket HomesCaliforniaLos Angeles CountyLong Beach908073402 Gundry Ave

This home is located at 3402 Gundry Ave in Long Beach, CA and zip code 90807 in the The Harbor neighborhood. This home, which was built in 1963, sits on a 0.28 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $2,895,000.

While more than 94 listings in Long Beach, CA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 83 were sold below. Between September 2024 and October 2024, Long Beach, CA real estate market has seen decrease in the number of listings by 0.1%. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $824,667.

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

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