Darryl West
Powerhouse Real Estate
(424) 359-1187
14 Total Sales
2 in Lower Westside
$170K - $610K Price Range
1241 W 19th St Long Beach, CA 90810
Lower Westside Neighborhood
16
Beds
7
Baths
6,057
Sq Ft
10,054
Sq Ft Lot
Highlights
- Corner Lot
- Laundry Facilities
- Wall Furnace
About This Home
As of July 2018This well maintained 7 unit income property has one 3 bedroom, 3 bath unit, two 3 bedroom, 1 bath units, three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit - all are turn-key. This property is comprised of 3 buildings on a large 10, 114 s/f, fenced, corner lot. The 3 Addresses for this property at 1901 Gale Street with 4 units, 1909 Gale Street with 1 unit above 3 garages and 1241 West 19th Street with 2 units and 1 garage. This property is freeways and public transportation close. There are 4 garages on the property with plenty of additional onsite parking. Each unit has their own water heater as well as gas and electric meters. There is a laundry room on the property for an added monthly income. New roofs were installed on all 3 buildings in 2016. All repairs are up to date on all units with no deferred maintenance, several units had new carpet installed within the last year. There are no vacancies with long term tenants. The City of Long Beach is currently experiencing major redevelopment. The Long Beach Port is undergoing a large (estimated at over $4 billion) redevelopment that will create 14,000 new and permanent jobs in Southern California. The Long Beach market has always enjoyed strong rental growth and with this redevelopment it seems this will continue for years to come. That being said this complex has the potential to make more than it actually does.
Last Agent to Sell the Property
First Team Real Estate License #01722187 Listed on: 04/12/2018
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 10,054 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Parking
- 8 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 6,057 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 16 Bedrooms
- 7 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7,8
- Tax Tract Number 5729
- Assessor Parcel Number 7431023015
Community Details
Overview
- 3 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,784
- Water Sewer Expense $2,819
- New Taxes Expense $16,500
- Operating Expense $21,103
- Gross Income $400
- Net Operating Income $95,897
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2018
Closed on
Jun 7, 2018
Sold by
Alai Parviz
Bought by
Seller's Agent
Bob Diulio
First Team Real Estate
Buyer's Agent
Avinash Narang
BRC Advisors BH
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 20, 2013
Sold by
Riggs Ron and Riggs Georgette
Bought by
Alai Parviz
Purchase Details
Closed on
Jul 14, 2005
Sold by
C Big Development
Bought by
Cracchiolo Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 23, 2004
Sold by
Cracchiolo Michael
Bought by
C Big Development Inc
Purchase Details
Closed on
Apr 16, 2003
Sold by
Espinoza Esperanza
Bought by
Cracchiolo Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 13, 1999
Sold by
Espinoza Guadalupe and Espinoza Yolanda
Bought by
Espinoza Esperanza
Purchase Details
Closed on
Jul 21, 1998
Sold by
Olivas Jesse
Bought by
Espinoza Guadalupe and Espinoza Yolanda
Purchase Details
Closed on
Jul 10, 1997
Sold by
Henslee Eva W and Mueller Gayle H
Bought by
Olivas Jesse
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower Westside, CA
-
Darryl West
-
Mark Lear
Mark Lear
WERE Real Estate Inc
(657) 223-8121
354 Total Sales
1 in Lower Westside
$650,000 Price
-
Carol Gilles
Carol Gilles
Fredericks Realty
(424) 378-5872
17 Total Sales
1 in Lower Westside
$690,000 Price
-
Diego Morales Cerron
Diego Morales Cerron
Vida Real Estate
(562) 362-5388
25 Total Sales
2 in Lower Westside
$798,000 Price Range
-
Travis Jackson
Travis Jackson
WERE Real Estate Inc
(424) 488-0938
87 Total Sales
2 in Lower Westside
$800,000 Price Range
-
Tyler Leeson
Tyler Leeson
Marcus & Millichap RE Invest
(949) 209-2807
170 Total Sales
2 in Lower Westside
$1,300,000 Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,550,000 | Orange Coast Title Company | ||
| Alai Parviz | $895,000 | First American Title Company | |
| Cracchiolo Michael | -- | Chicago Title Co | |
| Riggs Ron | $920,000 | -- | |
| C Big Development Inc | -- | -- | |
| Cracchiolo Michael | $625,000 | United Title Company | |
| Espinoza Esperanza | -- | -- | |
| Espinoza Guadalupe | $338,000 | First Southwestern Title Co | |
| Olivas Jesse | $327,000 | Orange Coast Title |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $883,000 | ||
| Previous Owner | Zaveri Sandeep M | $905,000 | |
| Previous Owner | Riggs Ron | $635,000 | |
| Previous Owner | Riggs Ron | $644,000 | |
| Previous Owner | Cracchiolo Michael | $390,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2018 07/23/18 | Sold | $1,550,000 | -6.1% | $256 / Sq Ft | |
| 04/12/2018 04/12/18 | For Sale | $1,650,000 | +6.5% | $272 / Sq Ft | |
| 04/12/2018 04/12/18 | Off Market | $1,550,000 | -- | -- | |
| 04/30/2013 04/30/13 | Sold | $895,000 | -10.1% | $148 / Sq Ft | View Prior Sale |
| 02/12/2013 02/12/13 | Pending | -- | -- | -- | |
| 07/17/2012 07/17/12 | For Sale | $995,000 | -- | $164 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax 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.
| 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 |
|---|---|---|---|---|
| 2026 | $23,622 | $1,763,630 | $910,261 | $853,369 |
| 2025 | $23,622 | $1,729,050 | $892,413 | $836,637 |
| 2024 | $22,587 | $1,695,148 | $874,915 | $820,233 |
| 2023 | $22,205 | $1,661,910 | $857,760 | $804,150 |
| 2022 | $20,856 | $1,629,325 | $840,942 | $788,383 |
| 2021 | $20,424 | $1,597,378 | $824,453 | $772,925 |
| 2019 | $20,133 | $1,550,000 | $800,000 | $750,000 |
| 2018 | $12,880 | $968,620 | $432,903 | $535,717 |
| 2016 | $11,836 | $931,009 | $416,094 | $514,915 |
| 2015 | $11,375 | $917,025 | $409,844 | $507,181 |
| 2014 | $11,323 | $899,063 | $401,816 | $497,247 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Diulio
Seller's Agent in 2018
Bob Diulio
First Team Real Estate
(714) 595-2812
26 Total Sales
-
Avinash Narang
Buyer's Agent in 2018
Avinash Narang
BRC Advisors BH
(818) 288-0697
1 in this area
46 Total Sales
-
Margit Schatzlein
Seller's Agent in 2013
Margit Schatzlein
Margit Schatzlein, Broker
(111) 111-1111
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18083153
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.
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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