NOT LISTED FOR SALE
2 Beds
2 Baths
3,276 Sq Ft
1923 Built

Last Sold June 02, 2017

Last sale price $1,845,000 $563 Per Sq Ft

16 Days on Market

Highlights

  • 6,769 Sq Ft lot
  • Long Beach Polytechnic High School Rated A
  • Private Yard

About This Home

As of June 2017

Beautiful townhome-style units moments from Downtown Long Beach, 2nd Street, and the LA Port Unit Features:* Fresh Paint throughout* 30\" flat top stove* New plank vinyl flooring throughout* New ceiling fan* comes with refrigerator * Town home Style (upstairs/downstairs)* Spacious living room/ bedrooms* Balcony connected to upstairs bedroom* On-site laundry room* Unit comes with gated parking and storage cabinet* No Pets

Last Agent to Sell the Property

Andrew McAllister

eXp Realty of Greater L.A License #01946829 Listed on: 03/28/2017

eXp Realty of Greater L.A

Last Buyer's Agent

Robert Stepp

Keller Williams Realty Downey License #01456379

Keller Williams Realty Downey

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $20,925

Year Built

  • Built in 1923

Lot Details

  • 6,769 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 5 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,276 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5765
  • Assessor Parcel Number 7275009014

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $20,925
  • Operating Expense $35,203
  • Gross Income $122,280
  • Net Operating Income $83,408

Property Details

Home Type

Apartment

Est. Annual Taxes

$20,925

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 4.48
  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR3S
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7275009014
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 563.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Yard
  • Lot Size Sq Ft: 6769.00

Multi Family

  • Gross Income: 122280.00
  • Gross Multiplier: 15.21
  • Gross Operating Income: 118612.00
  • Gross Scheduled Income: 122280.00
  • Net Operating Income: 83408.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 35203.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 10190.00
  • Total Expenses: 35203.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 20925.00
  • Tax Census Tract: 5765.02
  • Taxes Percent: 1.12
  • Tax Lot: 7
  • Tax Rate: 1.12
  • Tax Tract Number: 5765
  • Tax Annual Amount: 20925.00
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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 Prior Sale
09/03/2025 09/03/25 Off Market $1,795 -- --
06/11/2025 06/11/25 Price Changed $1,795 -12.2% --
12/25/2024 12/25/24 For Rent $2,045 0.0% --
06/02/2017 06/02/17 Sold $1,845,000 -0.8% $563 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $1,860,000 +106.9% $568 / Sq Ft
01/30/2014 01/30/14 Sold $899,000 0.0% $274 / Sq Ft View Prior Sale
11/21/2013 11/21/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $899,000 -- $274 / 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 $19,692 $1,522,833 $1,124,880 $397,953
2024 $19,692 $1,492,974 $1,102,824 $390,150
2023 $19,356 $1,463,700 $1,081,200 $382,500
2022 $23,153 $1,853,989 $515,283 $1,338,706
2021 $22,700 $1,817,637 $505,180 $1,312,457
2020 $24,550 $1,958,477 $1,167,328 $791,149
2019 $24,261 $1,920,088 $1,144,440 $775,648
2018 $23,618 $1,882,450 $1,122,000 $760,450
2016 $11,593 $930,944 $621,320 $309,624
2015 $11,133 $916,962 $611,988 $304,974
2014 $7,273 $564,657 $321,194 $243,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17063939

California Regional Multiple Listing Service (CRMLS)