NOT LISTED FOR SALE

11615 Long Beach Blvd Lynwood, CA 90262

4 Beds
5 Baths
6,760 Sq Ft
0.29 Acres

Last Sold October 30, 2019

Last sale price $2,100,000 $311 Per Sq Ft

363 Days on Market

About This Home

As of October 2019

GOOD INVESTMENT OPPORTUNITY which consist of 14 Units, 6 units 1 bedroom 1 bath each, tenants paid utilities, and 8 singles units, rent included utilities, No Rent Control, Centrally located, right next to 105 FWY. Seller Motivated

Last Agent to Sell the Property

Susana Hernandez

Prime Time Realty & Associates License #01029371 Listed on: 09/06/2018

Last Buyer's Agent

Victor Ambriz Jr

Keller Williams SELA License #00952349

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,760 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 608
  • Tax Tract Number 2992
  • Assessor Parcel Number 6171022003

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • 14 Leased Units
  • 6 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $22,784
  • Fuel Expense $2,700
  • Insurance Expense $3,856
  • Maintenance Expense $2,640
  • Water Sewer Expense $9,965
  • New Taxes Expense $14,622
  • Operating Expense $36,567
  • Gross Income $145,800
  • Net Operating Income $109,233

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 9965.00
  • Zoning: LYC2AY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6171022003
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 310.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 12751.00
  • Lot Size Acres: 0.2927

Multi Family

  • Electric Expense: 22784.00
  • Fuel Expense: 2700.00
  • Gross Income: 145800.00
  • Gross Scheduled Income: 145800.00
  • Insurance Expense: 3856.00
  • Lot Size Area: 12751.0000 Square Feet
  • Maintenance Expense: 2640.00
  • Net Operating Income: 109233.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 36567.00
  • Rent Control: No
  • Total Expenses: 36567.00

Tax Info

  • New Taxes Expense: 14622.00
  • Tax Census Tract: 5405.01
  • Tax Lot: 608
  • Tax Tract Number: 2992

Range of Values:

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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
10/30/2019 10/30/19 Sold $2,100,000 0.0% $311 / Sq Ft
02/27/2019 02/27/19 Off Market $2,100,000 -- --
02/22/2019 02/22/19 For Sale $2,300,000 +9.5% $340 / Sq Ft
01/03/2019 01/03/19 Off Market $2,100,000 -- --
09/06/2018 09/06/18 For Sale $2,300,000 +180.5% $340 / Sq Ft
12/19/2012 12/19/12 Sold $820,000 -17.6% $141 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $995,000 -- $171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Susana Hernandez

    Prime Time Realty & Associates

    (562) 413-9151

    11 Total Sales

    Susana Hernandez
    Section Image

  • V

    Buyer's Agent in 2019

    Victor Ambriz Jr

    Keller Williams SELA

    (562) 842-7248

    2 in this area

    25 Total Sales

    Victor Ambriz Jr
    Section Image
  • Sue Choi

    Seller's Agent in 2012

    Sue Choi

    Choice 100 Realty, Inc.

    (323) 737-4567

    15 Total Sales

    Sue Choi
    Section Image

  • J

    Buyer's Agent in 2012

    Jed Luczynski

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18218181

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Lynwood 90262

11615 Long Beach Blvd, Lynwood, CA

This home is located at 11615 Long Beach Blvd, Lynwood, CA 90262 since 06 September 2018. This property was built in 1937. 11615 Long Beach Blvd is a home located in Los Angeles County with nearby schools including Lindbergh Elementary School, Lynwood Middle School, and Marco Antonio Firebaugh High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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