C
Seller's Agent in 2021
Chloe Liu
West Shores Realty, Inc.
1069 Martin Luther King jr Ave Long Beach, CA 90813
Saint Mary's Neighborhood
10
Beds
10
Baths
7,096
Sq Ft
6,526
Sq Ft Lot
Highlights
- Neighborhood Views
- Park
- 8 Car Garage
- Long Beach Polytechnic High School Rated A
- Laundry Room
- Fenced
About This Home
As of July 2021Priced to sell! About 1 mile away from the beautiful Alamitos beach! Rare rental income opportunity with great monthly cash flow. This 7,096 square foot condo features 16 beds and 16 bathrooms with 8 (2beds/2baths) units. All 8 units offers attractive 2beds & 2baths with a large patio. Seller has recently put $220K into remodeling of all units. It offers security fence, building owned laundry machines(2 washers/2 dryers), and fenced parking garage. Close to Downtown Long Beach, which has seen major redevelopment in recent years.
Nearby schools include Lincoln Elementary School, True Social Justice Academy and Clear Passage Educational Center. The closest grocery stores are La Bodega Market, Amigo's Market and K H Market. It is near Peace Park, MacArthur Park and McBride Park with a fantastic 92 walking score.
Buyer to Verify all information provided.
Last Agent to Sell the Property
Chloe Liu
West Shores Realty, Inc. License #02101725 Listed on: 04/26/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 6,526 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in good condition
- Density is 36-40 Units/Acre
Parking
- 8 Car Garage
- Parking Available
Home Design
- Property Attached
Interior Spaces
- 7,096 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 18 / 4
- Tax Tract Number 576
- Assessor Parcel Number 7274010035
Community Details
Overview
- 8 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,438
- Insurance Expense $2,400
- Professional Management Expense $8,083
- Water Sewer Expense $8,949
- New Taxes Expense $14,600
- Operating Expense $30,817
- Gross Income $140,846
- Net Operating Income $110,028
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $2,375,000 | 0.0% | $335 / Sq Ft |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- |
| 05/10/2021 05/10/21 | Price Changed | $2,375,000 | -7.2% | $335 / Sq Ft |
| 04/26/2021 04/26/21 | For Sale | $2,559,000 | -- | $361 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21087723
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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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