NOT LISTED FOR SALE

1473 Peterson Ave Long Beach, CA 90813

Cambodia Town Neighborhood
4 Beds
3 Baths
2,352 Sq Ft
1922 Built

Last Sold February 09, 2018

Last sale price $700,000 $298 Per Sq Ft

80 Days on Market

About This Home

As of February 2018

5 units in with great upside potential. Charming free standing bungalow style units. Parking in the rear of buildings. Near shopping, bus, downtown. Please don't contact tenants.

Last Agent to Sell the Property

Jacqueline Ann Collins

Millennium Real Estate Service License #01275204 Listed on: 09/26/2017

Last Buyer's Agent

Bradley Johnson

Bradley Johnson, Broker License #01896130

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,451 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Composition Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3637
  • Assessor Parcel Number 7268038020

Community Details

Overview

  • 5 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $585
  • Professional Management Expense $1,200
  • Supplies Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $3,266
  • New Taxes Expense $9,188
  • Operating Expense $16,039
  • Gross Income $51,000
  • Net Operating Income $34,961

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Agent Cell
  • Other Phone Number: 310-809-3869
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Poly High (PH)
  • Supplies Expense: 1000.00
  • Water Sewer Expenses: 3266.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7268038020
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 297.62

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6451.00

Multi Family

  • Gross Operating Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 585.00
  • Net Operating Income: 34961.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 16039.00
  • Rent Control: No
  • Total Actual Rent: 4250.00
  • Total Expenses: 16039.00

Tax Info

  • New Taxes Expense: 9188.00
  • Tax Census Tract: 5752.02
  • Tax Lot: 22
  • Tax Tract Number: 3637

Range of Values:

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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
02/09/2018 02/09/18 Sold $700,000 -4.8% $298 / Sq Ft
09/26/2017 09/26/17 For Sale $735,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jacqueline Ann Collins

    Millennium Real Estate Service

    (310) 809-3869

    5 Total Sales

    Section Image

  • B

    Buyer's Agent in 2018

    Bradley Johnson

    Bradley Johnson, Broker

    (714) 282-9689

    4 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17223361

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90813 Cambodia Town

1473 Peterson Ave, Long Beach, CA

This home is located at 1473 Peterson Ave, Long Beach, CA 90813 since 26 September 2017. This property was built in 1922. 1473 Peterson Ave is a home located in Los Angeles County with nearby schools including Whittier Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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.

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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