NOT LISTED FOR SALE
5 Beds
5 Baths
2,775 Sq Ft
6,465 Sq Ft Lot

Last Sold January 11, 2017

Last sale price $560,000 $202 Per Sq Ft

79 Days on Market

Highlights

  • Level Lot
  • Long Beach Polytechnic High School Rated A
  • Heating Available

About This Home

As of January 2017

Check out these 5 bread and butter units located in the downtown Long Beach area. These are five, 1 bedroom with 1 bath units that have lots of room for rent increase. There is parking in the rear off the alley. This property is located in an area that is close to schools, shopping and restaurants. This is a Probate sale that will require court approval and a 5% initial deposit

Last Agent to Sell the Property

Craig Marson

First Team Real Estate License #01210177 Listed on: 06/21/2016

First Team Real Estate

Last Buyer's Agent

Hamid Pashaee

Hamid Pashaee, Broker License #01318945

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,465 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping
  • Level Lot

Home Design

  • 2,775 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 7274005009

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,985
  • Net Operating Income $32,238

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7274005009
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 201.80

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, No Landscaping
  • Lot Size Sq Ft: 6465.00
  • Price Per Lot Square Foot: 95.75

Multi Family

  • Average1 Bed Area: 555
  • Gross Income: 2985.00
  • Gross Scheduled Income: 35820.00
  • Net Operating Income: 32238.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 3582.00
  • Operating Expense Percent: 10.00
  • Rent Control: No

Range of Values:

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Average Value
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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
01/11/2017 01/11/17 Sold $560,000 -9.5% $202 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $619,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16135947

California Regional Multiple Listing Service (CRMLS)