NOT LISTED FOR SALE

1534 Grand Ave Unit 3 Long Beach, CA 90804

Bryant Neighborhood

Estimated Value: $1,219,428 - $1,318,000

5 Beds
5 Baths
3,570 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2021

Last sale price $1,280,000 $359 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,244 / mo

111 Days on Market

Highlights

  • Private Pool
  • Laundry Room
  • Garden
  • Woodrow Wilson High School Rated A

About This Home

As of April 2021

The perfect investment opportunity in an excellent area. "The Ravenna Building", is a 4 unit building located in the great Eastside part of Long Beach. This property offers a solid tenant base with low vacancy rates. Beautifully maintained, gated sparkling pool and a well-manicured lawn with surrounding trees. New parking asphalt. The building has been well maintained with all units in good conditions. Consisting of 3 large one-bedrooms and 1 large two-bedroom/two-bathroom townhouse with it's own private balcony, fireplace, enclosed patio and laundry closet with dishwashers in each unit- all separately metered for gas and electric. There are 4 attached garages with newly installed automatic garage door openers. Additionally, there are 4 extra off-street parking spaces, ideal for added income. This is a great opportunity for an investor looking to add-value and capture strong potential rental upside. 1534 Grand is in a prime location! Close to the beach, major retail shopping areas, CSULB, freeways, schools, Belmont Shore and Downtown Long Beach.owners might be open to sell all 3 buildings to the right buyers at $4m best offer.

Last Agent to Sell the Property

Marcos Ramirez

Keller Williams Pacific Estate License #01339740 Listed on: 11/19/2020

Keller Williams Pacific Estate

Last Buyer's Agent

Melissa Ginsburg

Estate Properties License #02090875

Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,500 Sq Ft Lot
  • Two or More Common Walls
  • Garden

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,570 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 28786
  • Assessor Parcel Number 7253013053

Community Details

Overview

  • 4 Units
  • Circle Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,500 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7253013053
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 358.54

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5750.02
  • Tax Lot: 1
  • Tax Tract Number: 28786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Thompson Kevin E and Thompson Stacey A
Bought by
Miller Family Trust and Miller
Current Estimated Value
$1,270,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$847,082
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$423,025

Purchase Details

Closed on
Jun 12, 2020
Sold by
Mermel Anita M and Mermel Janusz
Bought by
Xmrx Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2004
Sold by
Mermel Anita M and Mermel 1990 Trust
Bought by
Mermel Anita M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Miller Family Trust $1,250,000 First American Title Company
Xmrx Corporation $1,035,000 Provident Title
Mermel Anita M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Miller Family Trust $850,000
Previous Owner Xmrx Corporation $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2021 04/02/21 Sold $1,280,000 -1.5% $359 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/27/2021 02/27/21 Price Changed $1,299,000 +3.9% $364 / Sq Ft
01/24/2021 01/24/21 Price Changed $1,250,000 -2.0% $350 / Sq Ft
01/17/2021 01/17/21 Price Changed $1,275,000 -1.8% $357 / Sq Ft
11/19/2020 11/19/20 For Sale $1,299,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,641 $1,385,512 $974,188 $411,324
2024 $17,641 $1,358,346 $955,087 $403,259
2023 $17,344 $1,331,712 $936,360 $395,352
2022 $16,273 $1,305,600 $918,000 $387,600
2021 $13,027 $1,035,000 $500,000 $535,000
2020 $9,707 $750,693 $428,971 $321,722
2019 $9,593 $735,974 $420,560 $315,414
2018 $9,349 $721,544 $412,314 $309,230
2016 $8,589 $693,527 $396,304 $297,223
2015 $8,248 $683,111 $390,352 $292,759
2014 $8,199 $669,731 $382,706 $287,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20243066

California Regional Multiple Listing Service (CRMLS)

APN: 7253-013-053

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