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

Excellence RE Real Estate 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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
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 View Prior Sale
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

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 $33,056 $2,296,652 $1,749,832 $546,820
2024 $33,056 $2,251,621 $1,715,522 $536,099
2023 $32,810 $2,207,473 $1,681,885 $525,588
2022 $31,650 $2,164,190 $1,648,907 $515,283
2021 $30,493 $2,121,756 $1,616,576 $505,180
2020 $29,756 $2,100,000 $1,600,000 $500,000
2019 $15,983 $905,197 $441,561 $463,636
2018 $14,466 $887,449 $432,903 $454,546
2016 $13,486 $852,991 $416,094 $436,897
2015 $13,210 $840,179 $409,844 $430,335
2014 $12,902 $823,722 $401,816 $421,906
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18218181

California Regional Multiple Listing Service (CRMLS)