NOT LISTED FOR SALE
-- Bed
-- Bath
3,013 Sq Ft
5,287 Sq Ft Lot

Sale Details

Date Sold: May 19, 2021

Last sale price $1,000,000 $332 Per Sq Ft

75 Days on Market

Highlights

  • Bike Trail
  • 1-Story Property
  • 4-minute walk to 14th Street Park

About This Home

As of May 2021

An exceptional opportunity to acquire an investment commercial 6 units, 7 bedrooms and 6 bathrooms, 2 car garages, plenty street parking. An opportunity awaits for those seeking an incomparable investment building in the up coming Long Beach neighborhoods, a unique blend of commercial and residential uses.

Last Agent to Sell the Property

Aisa Tu

AT Bespoke Real Estate License #01451448 Listed on: 01/03/2021

Last Buyer's Agent

Chris van Vuuren

Lyon Stahl Investment Real Estate, Inc. License #02060007

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,287 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,013 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Located Outside
  • Washer

Pool

  • No Permits for Pool

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 7269-039-020
  • Tax Tract Number 726903
  • Assessor Parcel Number 7269039020

Community Details

Overview

  • 6 Units

Recreation

  • Bike Trail

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $100
  • Insurance Expense $2,030
  • Trash Expense $80
  • Water Sewer Expense $200
  • New Taxes Expense $8,448
  • Operating Expense $20,956
  • Gross Income $70,000
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

5,287 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 21.00
  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: Commercial units
  • Property Type: Residential Income
  • Parcel Number: 7269039020
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 331.90

Exterior Features

  • Pool Features: No Permits
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Outside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban, Urban, Biking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5287.00
  • Lot Size Acres: 0.1200

Multi Family

  • Fuel Expense: 100.00
  • Gross Income: 70000.00
  • Gross Scheduled Income: 70000.00
  • Insurance Expense: 2030.00
  • Lot Size Area: 5287.0000 Square Feet
  • Net Operating Income: 41000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 20956.00
  • Rent Control: No
  • Total Expenses: 20956.00

Tax Info

  • New Taxes Expense: 8448.00
  • Tax Lot: 7269-039-020
  • Tax Tract Number: 726903
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

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 Prior Sale
05/19/2021 05/19/21 Sold $1,000,000 -9.1% $332 / Sq Ft
03/12/2021 03/12/21 For Sale $1,100,000 +10.0% $365 / Sq Ft
03/11/2021 03/11/21 Off Market $1,000,000 -- --
02/22/2021 02/22/21 Price Changed $1,100,000 -6.7% $365 / Sq Ft
02/02/2021 02/02/21 Price Changed $1,179,000 0.0% $391 / Sq Ft
02/02/2021 02/02/21 For Sale $1,179,000 +17.9% $391 / Sq Ft
02/02/2021 02/02/21 Off Market $1,000,000 -- --
01/03/2021 01/03/21 For Sale $1,275,000 +123.7% $423 / Sq Ft
04/08/2013 04/08/13 Sold $570,000 -3.2% $189 / Sq Ft View Prior Sale
03/21/2013 03/21/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $589,000 -- $195 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $14,916 $1,082,430 $432,972 $649,458
2024 $14,270 $1,061,207 $424,483 $636,724
2023 $14,022 $1,040,400 $416,160 $624,240
2022 $13,170 $1,020,000 $408,000 $612,000
2021 $8,709 $648,453 $284,410 $364,043
2020 $8,687 $641,805 $281,494 $360,311
2019 $8,585 $629,222 $275,975 $353,247
2018 $8,312 $616,885 $270,564 $346,321
2016 $7,653 $592,932 $260,058 $332,874
2015 $7,357 $584,026 $256,152 $327,874
2014 $7,332 $572,587 $251,135 $321,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2100047

California Regional Multiple Listing Service (CRMLS)
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