2261 Granada Ave Long Beach, CA 90815
Artcraft Manor Neighborhood
5
Beds
3
Baths
2,209
Sq Ft
6,161
Sq Ft Lot
Highlights
- Wood Flooring
- Quartz Countertops
- No HOA
- Stanford Middle School Rated A-
- Lawn
- Cottage
About This Home
As of December 2024THREE RENTAL UNITS - DUPLEX AND A BRAND NEW ADU FOR SALE
Welcome to this fantastic property located in the heart of the desirable Artcraft Manor neighborhood. With three separate addresses—2261, 2263, and 2261A—this property is perfect for both investors and owner-occupants. It includes a remodeled 2-bedroom, 1-bath unit, a neat and clean 2-bedroom, 1-bath unit, and a brand new 1-bedroom, 1-bath ADU. This property presents an excellent rental income opportunity.
The entire property has a new roof, rain gutters, and fresh exterior paint. Its prime location is just blocks from Stearns Championship Park and offers easy access to shopping and nearby freeways.
Unit 2261A is a brand new, never-occupied 415 sq/ft 1-bedroom, 1-bath ADU that is fully electric. This unit features quality kitchen cabinets, quartz countertops, a farm sink, new washer and dryer, stove, refrigerator (potentially not included), recessed lighting throughout, mirrored wardrobes, vinyl plank flooring, and a newly installed electrical panel. It is also equipped with dual AC and heating units and has a low-maintenance yard.
Unit 2261 is a spacious 2-bedroom, 1-bath dwelling that underwent extensive upgrades in 2024. The improvements include a new roof, rain gutters, and water heater. In addition, this unit underwent a full kitchen remodel with high-quality cabinets, quartz countertops, new built-in gas stove, oven, and microwave. The bathroom was also fully remodeled with a new tub/shower, electrical & plumbing updates, a new vanity, countertop, and toilet. The entire unit also features new flooring and light fixtures. The remodel included partial updates to the plumbing and electrical system, and security doors were installed. Additionally, Unit 2261 boasts a private side yard, ideal for private outdoor space.
Unit 2263 is a spacious 2-bedroom, 1-bath dwelling that is in excellent condition, offering a clean and comfortable living space. This unit includes an attached 2-car garage with built-in shelving and an automatic garage door, currently designated for exclusive use. The kitchen and bathroom feature durable tile floors and countertops, while the living and dining rooms have been freshly painted. Inside, you'll find gas laundry hookups, a utility sink, and new security doors for added safety.
This property is a rare find in the highly sought-after Artcraft Manor area.
Last Agent to Sell the Property
Re/Max R. E. Specialists Brokerage Email: Jamee.lindberg@verizon.net License #01107487 Listed on: 10/18/2024
Co-Listed By
Re/Max R. E. Specialists Brokerage Email: Jamee.lindberg@verizon.net License #01010112
Last Buyer's Agent
Re/Max R. E. Specialists Brokerage Email: Jamee.lindberg@verizon.net License #01107487 Listed on: 10/18/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,870
Year Built
- Built in 1949
Lot Details
- 6,161 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Landscaped
- Lawn
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Cottage
- Turnkey
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,209 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Living Room
Kitchen
- Gas Range
- Quartz Countertops
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Mirrored Closets Doors
- 3 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Rain Gutters
Utilities
- Two cooling system units
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 27
- Tax Tract Number 14229
- Assessor Parcel Number 7223005017
- $491 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- Artcraft Manor Subdivision
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,080
- Insurance Expense $1,100
- Water Sewer Expense $1,080
- New Taxes Expense $17,187
- Operating Expense $20,596
- Gross Income $88,140
- Net Operating Income $65,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2024
Closed on
Nov 13, 2024
Sold by
Baldwin Family Living Trust and Baldwin Kyle F
Bought by
Bussa Anthony and Bussa Dena
Seller's Agent
Jamee Lindberg
Re/Max R. E. Specialists
Buyer's Agent
Jamee Lindberg
Re/Max R. E. Specialists
List Price
$1,375,000
Sold Price
$1,355,000
Premium/Discount to List
-$20,000
-1.45%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,532
Avg. Annual Appreciation
-0.75%
Original Mortgage
$916,000
Outstanding Balance
$911,847
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$436,831
Purchase Details
Closed on
Aug 18, 2017
Sold by
Szechy Ava L
Bought by
Baldwin Kyle F and Baldwin Ava L
Purchase Details
Closed on
May 31, 1994
Sold by
Wilder Randall S and Wilder Patricia B
Bought by
Szechy Ava L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,992
Interest Rate
5.8%
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,355,000 | Fidelity National Title | |
| Grant Deed | $1,355,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $208,000 | World Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $916,000 | New Conventional | |
| Closed | $916,000 | New Conventional | |
| Previous Owner | $175,500 | Unknown | |
| Previous Owner | $186,992 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $1,355,000 | -1.5% | $613 / Sq Ft |
| 11/10/2024 11/10/24 | Pending | -- | -- | -- |
| 10/18/2024 10/18/24 | For Sale | $1,375,000 | -- | $622 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,870 | $342,492 | $148,190 | $194,302 |
| 2023 | $4,669 | $335,778 | $145,285 | $190,493 |
| 2022 | $4,388 | $329,195 | $142,437 | $186,758 |
| 2021 | $4,293 | $322,742 | $139,645 | $183,097 |
| 2019 | $4,231 | $313,171 | $135,504 | $177,667 |
| 2018 | $4,073 | $307,032 | $132,848 | $174,184 |
| 2016 | $3,741 | $295,112 | $127,691 | $167,421 |
| 2015 | $3,595 | $290,680 | $125,773 | $164,907 |
| 2014 | $3,578 | $284,987 | $123,310 | $161,677 |
Source: Public Records
Agents Affiliated with this Home
-
Jamee Lindberg
Seller's Agent in 2024
Jamee Lindberg
RE/MAX
(562) 881-3811
1 in this area
84 Total Sales
-
John Lindberg
Seller Co-Listing Agent in 2024
John Lindberg
RE/MAX
(562) 897-1113
1 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24213645
APN: 7223-005-017
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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