$1,290,000
COMING SOON

Estimated payment $8,325/month

7 Beds
7 Baths
3,500 Sq Ft
7,523 Sq Ft Lot Lot

Highlights

  • 0.17 Acre Lot
  • 5-minute walk to Anaheim Station
  • Central Heating
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • 4-minute walk to Peace Park

About This Home

A great income-producing Property consists of two separate buildings. A front single-family home that has 2 bedrooms and 2 baths with a good-sized living room and a kitchen. A duplex built in 2008 features two units: a 2-bedroom, 2-bath unit and a 3-bedroom, 3-bath unit, separated by a shared wall. All units come with a 2-car garage and sufficient additional parking spaces. All units have separate utility meters for water, gas, and electricity. An excellent income property located behind St. Mary's Hospital of Long Beach, less than 2 miles away from the Aquarium of the Pacific, a popular tourist attraction. This would be an excellent investment property for your buyer.

Listing Agent

Augustin Joo

California Bridge Realty Brokerage Phone: 714-425-5480 License #01360043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,368

Year Built

  • Built in 1905

Lot Details

  • 7,523 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Carport
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,500 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 19 / 5
  • Assessor Parcel Number 7273001021
  • $774 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Downtown Subdivision

Building Details

  • 2 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $400
  • Fuel Expense $200
  • Gardener Expense $960
  • Insurance Expense $2,700
  • Maintenance Expense $2,400
  • Water Sewer Expense $500
  • New Taxes Expense $16,125
  • Operating Expense $23,600
  • Gross Income $94,200
  • Net Operating Income $23,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,368

Year Built

Built in 1905

Lot Details

7,523 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 5.50
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 500.00
  • Zoning: LBR4N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7273001021
  • Year Built: 1905
  • Special Features: ComingSoon

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One, Three Or More
  • Price Per Square Foot: 368.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Carport, Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7523.00
  • Lot Size Acres: 0.1727

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 400.00
  • Fuel Expense: 200.00
  • Gross Income: 94200.00
  • Gross Scheduled Income: 94200.00
  • Insurance Expense: 2700.00
  • Lot Size Area: 7523.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 23600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Operating Expense: 23600.00
  • Rent Control: No
  • Total Actual Rent: 7266.00
  • Total Expenses: 23600.00

Tax Info

  • New Taxes Expense: 16125.00
  • Tax Block: 5
  • Tax Census Tract: 5763.01
  • Tax Lot: 19
  • Tax Annual Amount: 16368.00
  • TaxOtherAnnualAssessmentAmount: 774.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,006 $1,039,132 $671,106 $368,026
2024 $13,425 $1,018,758 $657,948 $360,810
2023 $13,202 $998,784 $645,048 $353,736
2022 $12,399 $979,200 $632,400 $346,800
2021 $11,062 $868,481 $611,154 $257,327
2020 $11,034 $859,577 $604,888 $254,689
2019 $10,906 $842,724 $593,028 $249,696
2018 $10,516 $826,200 $581,400 $244,800
2016 $3,402 $251,929 $33,520 $218,409
2015 $3,276 $248,146 $33,017 $215,129
2014 $3,270 $243,286 $32,371 $210,915
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 Prior Sale
09/22/2016 09/22/16 Sold $810,000 -4.6% $293 / Sq Ft View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $849,000 -- $307 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase 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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $810,000 Fidelity National Title Co
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Stewart Title Of California
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $607,500 New Conventional
Previous Owner $302,250 Fannie Mae Freddie Mac
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26122847

California Regional Multiple Listing Service (CRMLS)

APN: 7273-001-021

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