NOT LISTED FOR SALE

1501 Obispo Ave Long Beach, CA 90804

Zaferia Neighborhood
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

Range of Values:

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Average Value
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List Price
Sold Price
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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
02/27/2015 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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bill Lai

    Coldwell Banker Platinum Prop.

  • L

    Buyer's Agent in 2015

    Lisa Rivera

    Homes Realty

    (310) 874-2598

    9 Total Sales

    Lisa Rivera
    Section Image

  • M

    Seller's Agent in 2014

    Michael Robinson

    Broadmoor Realty, Inc.

    (562) 857-9000

    24 Total Sales

    Michael Robinson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15010569

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Zaferia

1501 Obispo Ave, Long Beach, CA

This home is located at 1501 Obispo Ave, Long Beach, CA 90804 since 16 January 2015. This property was built in 1952. 1501 Obispo Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Maple Village Waldorf 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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