NOT LISTED FOR SALE
6 Beds
3 Baths
3,303 Sq Ft
6,501 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $750,000 $227 Per Sq Ft

14 Days on Market

Highlights

  • Corner Lot
  • Lawn
  • 5-minute walk to Orizaba Park
  • Woodrow Wilson High School Rated A

About This Home

As of February 2015

Standard Sale!! Remodeled Income Property at Prestigious Eastside/Alamitos Hts Area. All units are occupied!! Great Monthly Income of $6,600 with Cap Rate over 8!!! A cash cow you don't find anywhere in Long Beach!! Definitely a great investment property for any investors. Recent updates include fresh interior and exterior paint, new floor tiles, new fences, and more!! Property is conveniently located near two major thoroughfares PCH & Redondo Blvd and within walking distance to supermarkets, schools, restaurants, retail stores, and bus stops. Easy access to 405 Frwy & 710 Frwy. Hurry and submit your offer, or you will miss out on this great property!!

Last Agent to Sell the Property

Bill Lai

Coldwell Banker Platinum Prop. License #01935544 Listed on: 01/16/2015

Last Buyer's Agent

Lisa Rivera

Homes Realty License #01168365

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,501 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Lawn

Parking

  • 1 Car Garage

Home Design

  • 3,303 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7259027019

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $6,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Property Type: Residential Income
  • Parcel Number: 7259027019
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 227.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lawn, Corner Lot
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 6600.00
  • Gross Scheduled Income: 6600.00
  • Lot Size Area: 6501.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: No

Tax Info

  • Tax Lot: 7
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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
02/27/2015 02/27/15 Sold $750,000 -5.1% $227 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $790,000 +43.6% $239 / Sq Ft
01/05/2014 01/05/14 Sold $550,000 -8.3% $120 / Sq Ft View Prior Sale
12/27/2013 12/27/13 Pending -- -- --
11/18/2013 11/18/13 For Sale $599,900 -- $131 / 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 $11,979 $901,378 $540,827 $360,551
2024 $11,979 $883,705 $530,223 $353,482
2023 $11,773 $866,378 $519,827 $346,551
2022 $11,062 $849,391 $509,635 $339,756
2021 $10,828 $832,738 $499,643 $333,095
2019 $10,674 $808,240 $484,824 $323,416
2018 $10,357 $792,397 $475,318 $317,079
2016 $9,530 $761,437 $456,862 $304,575
2015 $7,028 $560,989 $305,994 $254,995
2014 -- $284,222 $145,577 $138,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15010569

California Regional Multiple Listing Service (CRMLS)