1082 Olive Ave Long Beach, CA 90813
Saint Mary's Neighborhood
8
Beds
5
Baths
4,388
Sq Ft
6,530
Sq Ft Lot
About This Home
As of June 2015NEW ROOF! This building is in great shape, very well maintained, pride of ownership with many upgrades. The structure was build with steel beams throughout. Plenty of parking spaces and garages for the tenants. Laundry room with 1 commercial grade washer and 1 commercial grade dryer for additional income. The owner just finished renovating 2 units. Come see how good this property is, you won't believe your eyes.
Last Agent to Sell the Property
Reily Investments, Inc License #01407875 Listed on: 01/05/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1988
Lot Details
- 6,530 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- 4,388 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 003
- Tax Tract Number 7274
- Assessor Parcel Number 7274011003
Community Details
Overview
- 6 Units
Building Details
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $660
- Insurance Expense $1,740
- Maintenance Expense $7,000
- Professional Management Expense $2,280
- Trash Expense $1,080
- Water Sewer Expense $1,980
- New Taxes Expense $9,000
- Gross Income $88,500
- Net Operating Income $66,500
Similar Homes in Long Beach, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2022 04/15/22 | Rented | $1,900 | 0.0% | -- |
| 03/13/2022 03/13/22 | For Rent | $1,900 | +11.8% | -- |
| 11/01/2021 11/01/21 | Rented | $1,700 | -10.5% | -- |
| 10/08/2021 10/08/21 | Price Changed | $1,900 | -5.0% | $3 / Sq Ft |
| 09/17/2021 09/17/21 | For Rent | $2,000 | +17.6% | -- |
| 02/24/2019 02/24/19 | Rented | $1,700 | +6.3% | -- |
| 02/11/2019 02/11/19 | Price Changed | $1,600 | -3.0% | $2 / Sq Ft |
| 01/14/2019 01/14/19 | Price Changed | $1,650 | -2.9% | $2 / Sq Ft |
| 01/08/2019 01/08/19 | For Rent | $1,700 | 0.0% | -- |
| 06/03/2015 06/03/15 | Sold | $1,061,500 | -18.3% | $242 / Sq Ft |
| 06/03/2015 06/03/15 | Pending | -- | -- | -- |
| 01/05/2015 01/05/15 | For Sale | $1,300,000 | -- | $296 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Timothy Wilkerson
T
Seller's Agent in 2022
Timothy Wilkerson
Silver Platter Realty, Inc.
(714) 916-5218
1 Total Sale
-
Rick Pranada
Seller's Agent in 2015
Rick Pranada
Reily Investments, Inc
(310) 872-4993
12 Total Sales
-
Andrew Yonce
A
Buyer's Agent in 2015
Andrew Yonce
Silver Platter Realty, Inc.
(714) 655-5334
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS15002598
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