tomo logo

$760,000

Beds
4
Baths
2.0
sq ft
1,110

32 E 56th St, Long Beach, CA 90805

32 E 56th St

Long Beach, CA 90805

  • 6 days on market
Conveniently situated near several freeways, this property is an ideal combination of location, comfort, and versatility. A private, slate-tile paved courtyard welcomes you, creating the perfect spot to enjoy your morning coffee. Step inside the main home to find a spacious living area featuring easy-care flooring and ceiling fans. The updated kitchen boasts bright white cabinets and granite countertops, blending modern style with practicality. The home’s layout includes two bedrooms on either side of the living area, providing an excellent shared living setup. Recent upgrades to the main house include newer windows, solar panels, and a new roof. The detached back home offers a sleek, modern kitchen with stylish cabinetry and low-maintenance flooring. Between the two homes lies a n avocado tree and a generously sized patio, ideal for entertaining guests. Each home has its own private sitting area. There is a shared community laundry. For added convenience, parking is available at the rear of the property. This property offers flexible living options, making it ideal for multi-generational living or rental potential. Don’t miss this unique opportunity!

Details

Property type

Single Family Residence

Est. home value

$608,069

Lot size

2,765 sq ft

Price per sq ft

$685

Year built

1947

HOA

No

Price History

01/15/2025
CRMLS

CRMLS #PW25010844

Listed
$760,000
+46.15%
06/15/2021
CRMLS

CRMLS #PW21036353

Sold
$520,000
+103.92%
09/09/2014
CRMLS

CRMLS #DW14166944

Sold
$255,000

Schools & Community

Neighborhood: 

North Long Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Long Beach Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$243,502
Asking price
$760,000
Closing costs (~8% of asking)
-$60,800
Est. remaining loan balance
-$455,698
Cash to seller
$243,502

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Total Quality Financial Inc

Loan start date

May 2021

Original loan amount

$494,000

Est. remaining balance

$455,698

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Bethany G Edgar and Kathleen K Lucas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/20/2025 at 5:20 PM

Listing updated: 01/19/2025 at 6:00 PM

Listed by: Robbi Peele, First Team Real Estate Phone #: (562) 596-9911

MLS: CRMLS #PW25010844

CRMLS logo

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