NOT LISTED FOR SALE

1147 E Salt Lake St Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $794,000 - $1,007,000

8 Beds
4 Baths
2,332 Sq Ft
$393/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2012

Last sale price $335,000 $144 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,941 / mo

100 Days on Market

Highlights

  • Wood Siding
  • Carpet
  • 4-minute walk to Jenni Rivera Memorial Park
  • Long Beach Polytechnic High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of January 2012

Need offer quickly! Previous buyer just lost his job! Nice little fourplex has some deferred maintenance but will have great income potential for savvy investor. Vacancies rare in this impacted rental area. Just needs a little costmetic TLC! Currently has one long-term tenant on month to month rent which has not been raised in 4 years. All other rents are projected with waiting list.

Last Agent to Sell the Property

Hanneke Jacobs

Realty One Group West License #01319135 Listed on: 08/23/2011

Realty One Group West

Last Buyer's Agent

Julie Skordas

Harcourts Prime Properties License #00949563

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,208 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Cosmetic Repairs Needed
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,332 Sq Ft Home
  • Carpet

Kitchen

  • Gas Oven or Range
  • Range

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 7210025023

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $3,900
  • Net Operating Income $41,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

5,208 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 12.67
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7210025023
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 143.65

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: No
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5208.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 3900.00
  • Gross Multiplier: 7.05
  • Gross Scheduled Income: 46800.00
  • Lot Size Area: 5208.0000 Square Feet
  • Net Operating Income: 41800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Operating Expense: 5000.00

Tax Info

  • Tax Area: 4989
  • Tax Lot: 23

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
01/15/2012 01/15/12 Sold $335,000 +24.1% $144 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
08/23/2011 08/23/11 For Sale $270,000 -- $116 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Hanneke Jacobs

    Realty One Group West

    Section Image

  • J

    Buyer's Agent in 2012

    Julie Skordas

    Harcourts Prime Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S671236

California Regional Multiple Listing Service (CRMLS)

APN: 7210-025-023

California Los Angeles County Long Beach 90806 Sunrise

1147 E Salt Lake St, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) 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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