Mark Lear
WERE Real Estate Inc
(657) 223-8121
354 Total Sales
1 in Lower Westside
$650,000 Price
Estimated Value: $1,080,100 - $1,144,000
*Prime Multi-Unit Investment Opportunity in Long Beach, CA*Discover this exceptional multi-unit property located just 1.5 miles from downtown Long Beach and conveniently close to major freeways. This unique offering comprises seven units spread across three separate buildings, presenting an ideal investment with significant rental potential.*Property Highlights:*- *Three Separate Buildings:*- Stand-Alone Bungalow: A charming 2 bed, 1 bath home featuring an attached garage and private yard, perfect for attracting long-term tenants. -*Four-Unit Building:* A two-story structure, each unit offering 2 bedrooms and 1 bathroom, providing consistent rental income. - *Spanish-Style Duplex:* Classic architecture with two 1 bed, 1 bath units, adding diversity to your rental portfolio.- *Parking:* Dedicated parking for 4 cars located at the rear of the property.- *Occupancy:* All units are currently occupied, ensuring immediate rental income from day one. The property will be delivered fully occupied at close of escrow.- *Potential:* With some updating, this property can significantly increase its rental income, making it an excellent opportunity for investors looking to enhance their portfolio. This multi-unit property offers a blend of stable occupancy and potential for growth, all in a prime Long Beach location.
Last Agent to Sell the Property
Keller Williams Studio City License #02077212 Listed on: 06/26/2024
Last Buyer's Agent
Keller Williams Studio City License #02077212 Listed on: 06/26/2024
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Mark Lear
WERE Real Estate Inc
(657) 223-8121
354 Total Sales
1 in Lower Westside
$650,000 Price
Darryl West
Powerhouse Real Estate
(424) 359-1187
14 Total Sales
2 in Lower Westside
$170K - $610K Price Range
Carol Gilles
Fredericks Realty
(424) 378-5872
17 Total Sales
1 in Lower Westside
$690,000 Price
Diego Morales Cerron
Vida Real Estate
(562) 362-5388
25 Total Sales
2 in Lower Westside
$798,000 Price Range
Travis Jackson
WERE Real Estate Inc
(424) 488-0938
88 Total Sales
2 in Lower Westside
$800,000 Price Range
Tyler Leeson
Marcus & Millichap RE Invest
(949) 209-2807
171 Total Sales
2 in Lower Westside
$1,300,000 Price Range
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 |
|---|---|---|---|
| $1,100,000 | Provident Title Company | ||
| Wright Rita J | -- | None Available | |
| Wright Rita J | -- | -- |
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 | $100,000 | ||
| Open | Xmrx Corporation | $1,560,000 | |
| Closed | Xmrx Corporation | $1,240,000 | |
| Closed | Xmrx Corporation | $137,500 |
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 |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $1,100,000 | 0.0% | $219 / Sq Ft |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- |
| 06/26/2024 06/26/24 | For Sale | $1,100,000 | -- | $219 / Sq Ft |
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 | $15,798 | $1,144,440 | $624,240 | $520,200 |
| 2025 | $15,798 | $1,122,000 | $612,000 | $510,000 |
| 2024 | $3,035 | $129,261 | $26,891 | $102,370 |
| 2023 | $2,971 | $126,727 | $26,364 | $100,363 |
| 2022 | $2,828 | $124,244 | $25,848 | $98,396 |
| 2021 | $2,726 | $121,809 | $25,342 | $96,467 |
| 2019 | $2,687 | $118,543 | $24,592 | $93,951 |
| 2018 | $2,519 | $116,226 | $24,110 | $92,116 |
| 2016 | $2,307 | $111,383 | $23,175 | $88,208 |
| 2015 | $2,241 | $109,711 | $22,827 | $86,884 |
| 2014 | $2,271 | $107,563 | $22,380 | $85,183 |
DK
Seller's Agent in 2024
Daniel Kountz
Keller Williams Studio City
(818) 489-4913
1 in this area
8 Total Sales
Source: The MLS
MLS Number: 24-395287
APN: 7431-033-007
Ask me questions while you tour the home.