NOT LISTED FOR SALE
19 Beds
12 Baths
9,641 Sq Ft
0.25 Acres

Last Sold June 19, 2015

Last sale price $1,150,000 $119 Per Sq Ft

84 Days on Market

Highlights

  • 0.25 Acre Lot
  • Corner Lot
  • 4-minute walk to Martin Luther King Jr Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of June 2015

The property is located at 1001-1015 East 20th Street in the city of Long Beach, California. It is located right at the corner of East 20th Street and Martin Luther King Junior Boulevard.

The property consists of two buildings, on two separate, side by side parcels. The first building at 1001 East 20th Street was constructed in 1924 and is two stories tall. Its unit mix consists of three two-bedroom/one-bathroom units and one three-bedroom/three-bathroom units. The second building at 1015 East 20th Street was constructed in 1985 and its unit mix consists of four two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units. The subject property is a total of 7 units + 3 non conforming unit. Parcel numbers for the property are 7210-021-012 and 7210-021-013.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 02/23/2015

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 02/23/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 8 Parking Spaces

Home Design

  • 9,641 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 12 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 7210
  • Tax Tract Number 21
  • Assessor Parcel Number 7210021012

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $3,374
  • Maintenance Expense $7,423
  • Other Expense $8,500
  • Professional Management Expense $7,309
  • New Taxes Expense $16,446
  • Gross Income $10,310
  • Net Operating Income $76,256

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Professional Management Expense: 7309.00
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Property Type: Residential Income
  • Parcel Number: 7210021012
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11005.00
  • Price Per Lot Square Foot: 104.50
  • Lot Size Acres: 0.2530

Multi Family

  • Gross Income: 10310.00
  • Gross Scheduled Income: 123720.00
  • Insurance Expense: 3374.00
  • Lot Size Area: 11005.0000 Square Feet
  • Maintenance Expense: 7423.00
  • Net Operating Income: 76256.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 45552.00
  • Other Expense: 8500.00
  • Other Expense Description: Utilitie
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16446.00
  • Tax Lot: 7210
  • Tax Tract Number: 021

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2015 06/19/15 Sold $1,150,000 -11.5% $119 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $1,300,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15038030

California Regional Multiple Listing Service (CRMLS)