NOT LISTED FOR SALE

1535 Obispo Ave Long Beach, CA 90804

Zaferia Neighborhood
16 Beds
16 Baths
6,550 Sq Ft
6,372 Sq Ft Lot

Last Sold December 15, 2020

Last sale price $2,150,000 $328 Per Sq Ft

29 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Rectangular Lot

About This Home

As of December 2020

1535 Obispo Avenue is comprised of (8) 2-bedroom/2-bathroom apartment units located in Eastside Long Beach. This well maintained property features spacious units featuring private balconies, dishwashers, 12 parking spaces, and onsite laundry facilities. 5 of the 8 units have upgraded vinyl plank flooring and granite counter tops in the kitchen and bathrooms. All tenants currently paying and up to date on their rent. Don't miss out on this great investment opportunity!

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 09/30/2020

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,372 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Open Parking Spaces
  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 6,550 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 11 / 1
  • Tax Tract Number 5751
  • Assessor Parcel Number 7259027023

Community Details

Overview

  • 8 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $12,605
  • Net Operating Income $151,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7259027023
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 328.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6372.00
  • Lot Size Acres: 0.1463

Multi Family

  • Gross Income: 12605.00
  • Gross Scheduled Income: 151260.00
  • Lot Size Area: 6372.0000 Square Feet
  • Net Operating Income: 151260.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Rent Control: No
  • Total Actual Rent: 12565.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5751.03
  • Tax Lot: 11
  • Tax Tract Number: 5751

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
12/15/2020 12/15/20 Sold $2,150,000 -6.3% $328 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $2,295,000 -- $350 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Spencer Pabst

    Seller's Agent in 2020

    Spencer Pabst

    Pabst, Kinney & Associates

    (562) 884-6875

    2 in this area

    56 Total Sales

    Spencer Pabst
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20205229

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

1535 Obispo Ave, Long Beach, CA

This home is located at 1535 Obispo Ave, Long Beach, CA 90804 since 30 September 2020. This property was built in 1987. 1535 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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