NOT LISTED FOR SALE

1142 E 1st St Long Beach, CA 90802

Alamitos Beach Neighborhood
14 Beds
14 Baths
580 Sq Ft
8,222 Sq Ft Lot

Last Sold January 04, 2018

Last sale price $3,150,000 $5,431 Per Sq Ft

19 Days on Market

Highlights

  • 8,222 Sq Ft lot
  • Laundry Room
  • Level Lot
  • Long Beach Polytechnic High School Rated A

About This Home

As of January 2018

These 14 units on Alamitos Beach. Great for Investors. Long term tenants with potential to raise rents.

Last Agent to Sell the Property

EDGAR SARABIA

Spurr & Associates Inc License #01730229 Listed on: 10/04/2017

Last Buyer's Agent

Cameron Jacques

Kinnery's Brokerage House License #01852032

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 8,222 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 580 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5766
  • Assessor Parcel Number 7265009030

Community Details

Overview

  • 2 Buildings
  • 14 Units

Amenities

  • Laundry Facilities

Building Details

  • 14 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Gross Income $196,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7265009030
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 5431.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8222.00

Multi Family

  • Gross Income: 196020.00
  • Gross Scheduled Income: 196020.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Rent Control: No
  • Total Actual Rent: 16335.00

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 7
  • Tax Tract Number: 5766.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
01/04/2018 01/04/18 Sold $3,150,000 -1.6% $5,431 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $3,200,000 0.0% $5,517 / Sq Ft
03/20/2014 03/20/14 Rented $975 -6.7% --
03/20/2014 03/20/14 For Rent $1,045 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $63,285 $4,775,435 $2,865,261 $1,910,174
2024 $60,550 $4,681,800 $2,809,080 $1,872,720
2023 $59,528 $4,590,000 $2,754,000 $1,836,000
2022 $55,846 $4,500,000 $2,700,000 $1,800,000
2021 $50,455 $4,051,543 $2,323,828 $1,727,715
2020 $41,529 $3,278,000 $2,236,860 $1,041,140
2019 $41,040 $3,213,740 $2,193,000 $1,020,740
2018 $38,924 $3,060,740 $2,550,000 $510,740
2016 $4,670 $255,118 $45,955 $209,163
2015 $4,526 $251,287 $45,265 $206,022
2014 $4,579 $246,366 $44,379 $201,987
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    EDGAR SARABIA

    Spurr & Associates Inc

    Section Image
  • Cameron Jacques

    Buyer's Agent in 2018

    Cameron Jacques

    Kinnery's Brokerage House

    (562) 800-0838

    2 in this area

    51 Total Sales

    Cameron Jacques
    Section Image

  • D

    Seller's Agent in 2014

    Debra Guerrero

    Spurr & Associates Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18001423

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90802 Alamitos Beach

1142 E 1st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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