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Long Beach 90805 Jordan
1061 E South Street
$775,000
↓ $24K (3%)
House - For Sale

1061 E South Street

Long Beach, CA 90805
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1312 Sqft
$3,806
Estimated Monthly
$0
HOA / Fees

About This Property

Adjacent to the main dwelling units, the one-room mother-in-law quarters offers flexibility for extended family members, guests, or rental opportunities. This self-contained space provides privacy and convenience, adding to the overall appeal of the property.

The property also has approved plans for a garage conversion ADU with one bed and one bath. This property offers the potential for significant value appreciation and increased rental income. The additional dwelling unit will provide even more flexibility for rental opportunities or expanded living space, catering to the evolving needs of the community.

Conveniently located near shops, restaurants, parks, and schools, this property offers the perfect blend of urban convenience. Whether you're an investor seeking a lucrative opportunity or a homeowner looking for a multi-generational living solution, this Spanish-style Home plus ADU to be completed presents an unparalleled chance to live, work, and thrive in one of the most sought-after neighborhoods in town. Don't miss your chance to own a piece of timeless elegance with endless potential.        To respect privacy, please drive by and see showing instructions.

The manager has listed the unit size as 1312 square feet.
Unit Size
1,312Ft²
Days on Market
29 days
Land Size
0.10 acres
Price per sqft
$591
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
Listed By
Steven Richardson
Keller Williams Pacific Estate
Last updated: 4 days ago (MRMLSCA #PW24058262)

Price History

Date / Event Date Event Price
Apr 18, 2024 Price Decreased $775,000
↓ $24K (3%)
Price Decreased
Apr 8, 2024 Listed by Y Realty $799,000
Listed by Y Realty
Oct 28, 2022 Sold $322,000
Sold
Jul 23, 2003 Sold to Lou Arias $215,000
Sold to Lou Arias

Property Highlights

With View
Exterior Details

Exterior Information

Concrete
Stucco

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 2
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,525
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,312
  • Gross Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: 6521
  • Land Acres: 0.104
  • Legal Description 1: TRACT # 6521 EX OF ST LOT/SEC 27 BLK/DIV/TWN 21

Ownership

  • Current Owner : AFFORDABLE HOUSING SOLUTIONS OF LOS ANGELES L
  • Previous Owner : ARIAS LOU
  • Owner Before Previous Owner: DINH KIM OANH
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 570601

Zoning

  • Zoning: LBCNR

Geography

  • Assessors Map Reference: 70-D1
  • Subdivision Tract Number: 6521
  • Parcel: 7124-027-027
  • Block: 21
  • Lot: 27
  • Municipality: SOUTH /N. LONG BEACH
  • Latitude: 33.8605
  • Longitude: -118.18

    Address

  • Full Address: 1061 E South St
  • Address - House Number: 1061
  • Street Direction: E
  • Address - Street Name: South
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4158
  • Zip Code: 90805

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,804
  • Tax Rate Code Area: 04-992

    Appraisal Valuation

  • Standard Deviation: 0.23
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 742,740
  • High Value: 913,612
  • Low Value: 571,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $455,000
  • First Open Lien Mortgage Lender: FIRST BRIDGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Jun 09, 2023
  • First Open Lien Mortgage Loan Amount: $455,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,000
  • Assessed Land Value: $350,000
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Contract Date: Oct 12, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Transaction ID: 11897958801
  • Current Sale Price: $322,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 1025895
  • Previous Sale Recording Date: Jul 23, 2003
  • Previous Sale Contract Date: Jun 19, 2003
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: VONTIVE INC
  • First Mortgage Transaction Date: Oct 28, 2022
  • First Mortgage Loan Amount: $399,500
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: OLYMPUS MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 23, 2003
  • Previous Mortgage Loan Amount: $204,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Aug 01, 2033

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,361 ft²
$580/ft²
$789,990 Mar 28, 2024
-
-
House
4 Beds
2 Baths
1,452 ft²
$482/ft²
$699,500 Mar 27, 2024
-
-
House
2 Beds
1 Bath
1,198 ft²
$583/ft²
$699,000 Mar 1, 2024
-
-
House
2 Beds
2 Baths
1,218 ft²
$533/ft²
$649,000 Jan 20, 2024
-
-
Multifamily
2 Beds
2 Baths
744 ft²
$860/ft²
$640,000 Mar 14, 2024
-
-
In Contract
Multifamily
Stu
-
1,869 ft²
$391/ft²
$730,000 Mar 9, 2022
-
-

About Jordan


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Frequently Asked Questions

When was property at 1061 East South Street built and last sold?
The property at 1061 East South Street was built in 1957 and last sold on Oct 12, 2022 for $322,000.
How much is this home worth?
The estimated value of the home located at 1061 East South Street is $814,694.
What are some comparable homes to 1061 East South Street?
Homes that are comparable to 1061 East South Street include a house property at 486 East 57th Street, 5436 Dairy Avenue, 6544 Cerritos Avenue.

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