NOT LISTED FOR SALE

1074 Saint Louis Ave Long Beach, CA 90804

Hellman Neighborhood
16 Beds
8 Baths
5,828 Sq Ft
6,489 Sq Ft Lot

Last Sold September 14, 2018

Last sale price $2,100,000 $360 Per Sq Ft

13 Days on Market

About This Home

As of September 2018

8 units located in South Long Beach NOT subject to rent control. All units have been heavily remodeled and feature new flooring, paint, kitchen countertops, fixtures and outlets throughout. The Seller spent over $150,000 on upgrades. In addition it features all copper plumbing and an excellent unit mix for the location (all 2/1s). Additionally, there are 5 uncovered parking spaces in the rear generating an additional $400/month in income. There is a new loan in place of $1,020,000 fixed at 4.59% through June 2023. It has 3 years of I/O until June 2021 at which time it goes fully amortized. It is held by Banc of California. This loan MUST BE ASSUMED or the Buyer will be responsible for the 4% prepay penalty. The property is a half mile from trendy Retro Row with all the shops, juice bars and restaurants and features a Walk Score of 86.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 06/27/2018

The Agency

Last Buyer's Agent

Scott Burns

Real Broker License #01224585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,489

Home Design

  • 5,828 Sq Ft Home

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,489 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7262-007-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5828
  • Year Built: 1962
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 16
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 368.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 167875
  • Assessed Land Value: 144718
  • Assessor Parcel Number: 7262-007-005
  • Geocode Override: No
  • Lot Size Area: 6489

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.40
  • Number Of Units: 8
  • Total Annual Expense: 54000
  • Type Of Units: Income
  • Vacancy Rate: 0%

Range of Values:

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Average Value
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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 Change Sq Ft Price
09/14/2018 09/14/18 Sold $2,100,000 -2.3% $360 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $2,150,000 -- $369 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Swire

    Seller's Agent in 2018

    Jon Swire

    The Agency

    (310) 948-2631

    3 in this area

    32 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Scott Burns

    Real Broker

See All Agents

Map

Source: The MLS

MLS Number: 18-358990

The MLS

California Los Angeles County Long Beach 90804 Hellman

1074 Saint Louis Ave, Long Beach, CA

This home is located at 1074 Saint Louis Ave, Long Beach, CA 90804 since 27 June 2018. This property was built in 1962. 1074 Saint Louis Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Creative Arts School.

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