NOT LISTED FOR SALE

1235 E 17th St Long Beach, CA 90813

Central Neighborhood
3 Beds
2 Baths
8,160 Sq Ft
6,499 Sq Ft Lot

Last Sold May 02, 2014

Last sale price $1,100,000 $135 Per Sq Ft

About This Home

As of May 2014

*Gated Property * Garages * Close Walking Distance to Long Beach City College and Retail Amenities
Laundry, Not currently in use by owner

Last Agent to Sell the Property

Peter Gillin

Morgan Skenderian License #01433769 Listed on: 12/13/2013

Last Buyer's Agent

Doug Rodermund

Morgan Skenderian License #01314304

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,499 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 8,160 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 28 / D
  • Assessor Parcel Number 7268030017

Community Details

Overview

  • 12 Units

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,080
  • Maintenance Expense $9,384
  • Other Expense $1,500
  • Pest Control $900
  • Trash Expense $2,820
  • Water Sewer Expense $2,820
  • New Taxes Expense $14,639
  • Gross Income $9,775
  • Net Operating Income $70,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

6

Listing Details

  • CapRate: 6.30
  • Property Attached: Yes
  • Water Sewer Expenses: 2820.00
  • Property Type: Residential Income
  • Parcel Number: 7268030017
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 134.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 900.00
  • Trash Expense: 2820.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6499.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 9775.00
  • Gross Multiplier: 9.59
  • Gross Scheduled Income: 117300.00
  • Gross Spendable Income: 22445.00
  • Insurance Expense: 4080.00
  • Lot Size Area: 6499.0000 Square Feet
  • Maintenance Expense: 9384.00
  • Maintenance Percent: 7.50
  • Net Operating Income: 70492.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 40943.00
  • Operating Expense Percent: 34.90
  • Other Expense: 1500.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Total Actual Rent: 9775.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 14639.00
  • Tax Block: D
  • Tax Lot: 28

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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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
05/02/2014 05/02/14 Sold $1,100,000 -2.2% $135 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
12/13/2013 12/13/13 For Sale $1,125,000 -- $138 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Peter Gillin

    Morgan Skenderian

  • Doug Rodermund

    Buyer's Agent in 2014

    Doug Rodermund

    Morgan Skenderian

    (949) 295-8560

    34 Total Sales

    Doug Rodermund
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13247105

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90813 Central

1235 E 17th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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