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Off Market Jun 2016 for $2.1M

—

•

16 ba

•

6,440

sq ft

3440 E Ransom St, Long Beach, CA 90804

About this home

We are pleased to present an eight-unit condominium building located in Long Beach, California. Built in 1985, the subject property consists of (8) two bedroom, two bathroom units in 6,440 rentable square feet with a lot size of 6,747 square feet. The building offers a pitched roof, copper plumbing and separate meters. There are also 14 gated parking spaces and a laundry room for tenants enjoyment. Owners benefit from the high demand for rentals in this coastal city of Southern California, while tenants enjoy being in close proximity to Downtown Long beach, which is known for its major tourist attractions, plentiful businesses, hotels, restaurants and entertainment.

Multi-familyProperty Type

1985Year Built

6,750 sq ftLot Size

$326Price/Sq.Ft.

14 spacesParking

Listed by Kevin King •DRE #01158184 • Marcus & Millichap

Listed by Ryan Rayburn •DRE #01496522 • Marcus & Millichap

Bought with Bill Mungai •DRE #00899593 • Star Real Estate

Bought with Luke Melkesian •DRE #02125563 • CRMLS

Redfin checked: 2 minutes ago

•Source:CRMLS #PW16080627

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 90804, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

+0.8% MoM

Median sale price

$767K

$38K MoM

Avg. days on market

36d

2 days MoM

Recently sold homes

7 MoM

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See all

Provided by Redfin

Sale history for 3440 E Ransom St

Date

Event

Price

RENTLY #1

Oct 5, 2023

Rental Removed

$1,500

$0/sq ft

Sep 27, 2023

Listed for Rent

$1,500

$0/sq ft

CRMLS #PW16080627

Jun 27, 2016

Sold

$2,100,000

$326/sq ft

Jun 13, 2016

Pending

—

Apr 18, 2016

Listed

$2,200,000

$342/sq ft

SDMLS #301713305

Jun 27, 2016

Sold

$2,100,000

$326/sq ft

Apr 18, 2016

Listed

$2,200,000

$342/sq ft

Tax history for 3440 E Ransom St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,750 Sq. Ft.

Year renovated

—

Sq. Ft.

6,856

Year built

1985

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

7259006019

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2018.

RMU4-A

Residential Mixed-Use 4-A Series Zone

Residential Mixed-Use 4 (RMU4 A-Series) zone is residentially focused and permit higher density residential uses in areas where multi-family housing is currently the dominant use. These zones permit intensification of existing residential areas to increase housing opportunities and introduce neighborhood-serving, non-residential uses in proximity to residents.

Permitted uses

Include but are not limited to:

Agriculture
Day care facility
Retail-Grocery
Restaurant
Housing-Group
Housing-Multiple units
Housing-Senior
Housing-Other
Mixed use
Park & open space

Property details

Parking

Parking / Garage Information
# of Parking Spaces: 14

Interior

Interior Features
Levels: Three Or More

Unit Type 1 Information
Unit Key Numeric: 1424640
Listing Key Numeric: 12328024
Actual Rent: $1,500
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $3,000
Total # of Units: 2

Unit Type 2 Information
Unit Key Numeric: 1424641
Listing Key Numeric: 12328024
Actual Rent: $1,475
Area Units: Square Feet
Total # of Baths: 2
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,475
Total # of Units: 1

Unit Type 3 Information
Listing Key Numeric: 12328024
Unit Key Numeric: 1424642
Actual Rent: $1,385
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,385
Total # of Units: 1

Unit Type 4 Information
Listing Key Numeric: 12328024
Unit Key Numeric: 1424643
Actual Rent: $1,349
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,385
Total # of Units: 1

Unit Type 5 Information
Unit Key Numeric: 1424644
Listing Key Numeric: 12328024
Actual Rent: $1,400
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,400
Total # of Units: 1

Unit Type 6 Information
Listing Key Numeric: 12328024
Unit Key Numeric: 1424645
Actual Rent: $1,300
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,600
Total # of Units: 2

Expenses
Trash: $1,410
Maintenance: $3,150
Insurance: $2,254
Water Sewer: $1,410
Electric: $1,410
New Taxes: $24,750

Multi-Unit Information
Net Operating Income: $87,898
Total Building Area: 6,440
Gross Scheduled Income: $135,348
Gross Income: $11,279
# Of Separate Water Meters: 8
# Of Separate Gas Meters: 8
# Of Separate Electric Meters: 8
# Of Buildings: 1

Exterior

Exterior Features
Pool Features: None

Lot Information
Lot Size Source: Assessor's Data
Lot Features: 6-10 Units/Acre

Property Information
Total # of Units: 8
Common Walls: 2+ common walls
Parcel Number: 7259006107
Attached Property
Year Built Source: Assessor

Financial

Lease / Rental Details
Operating Expense: $43,389
Other Expense: $3,535
Other Expense Description: HOA/Misc
Total Actual Rent: $11,209

Utilities

Utilities Information
Sewer: Sewer or Septic - Unknown
Water Source: District/Public

Location

Neighborhood Information
Community Features: Curbs

Location Information
Latitude: 33.78640400
Longitude: -118.15139800
Other Subdivision Name: Eastside (ES)
Subdivision Name: Eastside (ES)

Public facts

Beds: 16
Baths: 16.0
Sq. Ft.: 6,856
Stories: 1.0
Lot Size: 6,750 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1985
Year Renovated: —
County: Los Angeles County
APN: 7259006019

Home facts updated by county records on Oct 17, 2018

Other

Listing Information
Days Active in MLS: 56
Continuous Days Active in MLS: 56

Listing Agent Information
List Agent First Name: Kevin
List Agent Last Name: King
Co-List Agent First Name: Ryan
Co-List Agent Last Name: Rayburn

Listing Office Information
List Office Name: Marcus & Millichap
Co-List Office Name: Marcus & Millichap

Selling Agent Information
Buyer Agent First Name: Bill
Buyer Agent Last Name: Mungai
Co-Buyer Agent First Name: General
Co-Buyer Agent Last Name: NONMEMBER

Selling Office Information
Buyer Office Name: Star Real Estate
Co-Buyer Office Name: CRMLS

Around this home

Schools

Bryant Elementary School

Public K-5 • Assigned • 0.4mi

6/10

Jefferson Leadership Academies School

Public 6-8 • Assigned • 0.7mi

7/10

Wilson High School

Public 9-12 • Assigned • 0.9mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...
2 months ago • Los Angeles County
Peter Santos
Redfin Premier agent
82 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 88° expected this year, 23 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

9 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Long Beach, CA • 90804

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

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Home values near 3440 E Ransom St

Data from public records.

Address	Redfin Estimate
3416 E Ransom Street, Long Beach, CA 2 Beds \| 1 Baths \| 874 Sq. Ft.	$683,256
3450 E Ransom Street, Long Beach, CA 3 Beds \| 2 Baths \| 1918 Sq. Ft.	$1,001,456

Address	Redfin Estimate
3420 E Ransom Street, Long Beach, CA 16 Beds \| 16 Baths \| 7357 Sq. Ft.	—
3506 E Ransom Street, Long Beach, CA 14 Beds \| 14 Baths \| 7189 Sq. Ft.	—

Address	Redfin Estimate
3434 E Ransom Street, Long Beach, CA 30 Beds \| 20 Baths \| 4920 Sq. Ft.	$1,623,130
3440 E Ransom Street #201, Long Beach, CA 2 Beds \| 2 Baths \| 800 Sq. Ft.	$490,253

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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