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

Sale Details

Date Sold: December 1, 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

5,451 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,763 $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)
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