NOT LISTED FOR SALE
8 Beds
8 Baths
4,698 Sq Ft
5,451 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $1,250,000 $266 Per Sq Ft

20 Days on Market

About This Home

As of December 2020

AFFORDABLE 8 UNITS (1 BEDROOM, 1 BATHROOM) IN HIGH RENTAL AREA OF LONG BEACH. SEVEN UNITS ARE CURRENTLY OCCUPPIED WITH LONG TERM TENANTS. WALKING DISTANCE TO POLY HIGH SCHOOL, ELEMENTARY SCHOOL, AND 3 MILES TO THE BEACH. NEW DECKING AND STAIRWAY WAS REPLACED IN OCTOBER 2020. UPGRADED KITCHEN & BATHROOM IN ONE UNIT. FOUR PARKING SPACE IN REAR BUILDING. WASHER & DRYER CURRENTLY LEASING.

Last Agent to Sell the Property

Julieanne Lam Phan

Phan Property Management License #01218721 Listed on: 10/06/2020

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,451 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment

Interior Spaces

  • 4,698 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 7274007003

Community Details

Overview

  • 8 Units
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Zoning: LBR4R
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7274007003
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 266.07

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5451.00
  • Lot Size Acres: 0.1251

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5451.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Rent Control: No
  • Total Actual Rent: 6596.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5764.01
  • Tax Lot: 3
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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
12/01/2020 12/01/20 Sold $1,250,000 -8.1% $266 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $1,360,000 -- $289 / 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 $17,939 $1,353,038 $876,769 $476,269
2024 $17,939 $1,326,509 $859,578 $466,931
2023 $17,626 $1,300,500 $842,724 $457,776
2022 $16,557 $1,275,000 $826,200 $448,800
2021 $16,205 $1,250,000 $810,000 $440,000
2020 $9,883 $714,065 $398,351 $315,714
2019 $9,768 $700,065 $390,541 $309,524
2018 $9,460 $686,339 $382,884 $303,455
2016 $8,702 $659,689 $368,017 $291,672
2015 $8,370 $649,781 $362,490 $287,291
2014 $8,349 $637,054 $355,390 $281,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20210207

California Regional Multiple Listing Service (CRMLS)