NOT LISTED FOR SALE

1026 Roswell Ave Long Beach, CA 90804

Recreation Park Neighborhood
8 Beds
8 Baths
6,114 Sq Ft
5,853 Sq Ft Lot

Last Sold February 17, 2023

Last sale price $2,380,000 $389 Per Sq Ft

67 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • No HOA
  • Woodrow Wilson High School Rated A
  • Cathedral Ceiling
  • Tile Countertops

About This Home

As of February 2023

Eastside Long Beach investment opportunity—8 units comprised of 2 bedroom, 2 baths each with their own balcony. Ground level is covered garage with 12 assigned parking spaces. Newly painted exterior! Laundry room on ground level. Low vacancy building with lots of room to improve rents. This is a great location near Cal State Long Beach and Long Beach Community College! There is a portfolio purchase opportunity as well - total 26 units - 4200 E 10th St PW22176321 six units; 4212 E 10th St PW22176452 six units; 930 Roswell Ave PW22176452 six units; 1026 Roswell Ave PW22231020 eight units.

Last Agent to Sell the Property

Jim Castillo

Vylla Home, Inc. License #01831770 Listed on: 10/27/2022

Vylla Home, Inc.

Co-Listed By

Lorri Quiett

Vylla Home, Inc. License #01371114

Last Buyer's Agent

Trey Mitchell

CB Richard Ellis, Inc. License #02060609

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1987

Lot Details

  • 5,853 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Front Yard

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,114 Sq Ft Home
  • Cathedral Ceiling
  • Carpet
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Car Garage
  • 12 Carport Spaces
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 7241 / 007
  • Tax Tract Number 11
  • Assessor Parcel Number 7241007011

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 7 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Fuel Expense $192
  • Insurance Expense $2,000
  • Professional Management Expense $24,000
  • Water Sewer Expense $960
  • Operating Expense $28,000
  • Gross Income $129,100
  • Net Operating Income $115,000

Property Details

Home Type

Apartment

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 331250
  • Professional Management Expense: 24000.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7241007011
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 389.27

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Controlled Entrance, Garage Door Opener, Gated
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 5853.00
  • Lot Size Acres: 0.1344
  • Latitude Manual: 33.77952200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 840.00
  • Fuel Expense: 192.00
  • Gross Income: 129100.00
  • Gross Scheduled Income: 129500.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5853.0000 Square Feet
  • Net Operating Income: 115000.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Number With Dishwasher: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Operating Expense: 15000.00
  • Rent Control: No
  • Total Actual Rent: 10750.00
  • Total Expenses: 28000.00

Tax Info

  • Tax Block: 007
  • Tax Lot: 7241
  • Tax Tract Number: 011

Range of Values:

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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 Change Sq Ft Price
02/17/2023 02/17/23 Sold $2,380,000 0.0% $389 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
11/19/2022 11/19/22 Off Market $2,380,000 -- --
10/27/2022 10/27/22 For Sale $2,650,000 -- $433 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jim Castillo

    Vylla Home, Inc.

    (562) 448-2401

    4 in this area

    8 Total Sales

    Jim Castillo
    Section Image
  • Lorri Quiett

    Seller Co-Listing Agent in 2023

    Lorri Quiett

    Vylla Home, Inc.

    (562) 682-3130

    5 in this area

    137 Total Sales

    Lorri Quiett
    Section Image
  • Trey Mitchell

    Buyer's Agent in 2023

    Trey Mitchell

    CB Richard Ellis, Inc.

    (213) 613-3176

    1 in this area

    15 Total Sales

    Trey Mitchell
    Section Image
  • Sean Farag

    Buyer's Agent in 2023

    Sean Farag

    CB Richard Ellis, Inc.

    (949) 291-8400

    1 in this area

    7 Total Sales

    Sean Farag
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22231020

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Recreation Park

1026 Roswell Ave, Long Beach, CA

This home is located at 1026 Roswell Ave, Long Beach, CA 90804 since 27 October 2022. This property was built in 1987. 1026 Roswell Ave is a home located in Los Angeles County with nearby schools including Bryant Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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