NOT LISTED FOR SALE

1547 W 19th St Long Beach, CA 90810

Lower Westside Neighborhood
3 Beds
2 Baths
6,720 Sq Ft
6,161 Sq Ft Lot

Last Sold April 22, 2016

Last sale price $1,460,000 $217 Per Sq Ft

100 Days on Market

About This Home

As of April 2016

This nine-unit apartment building was first developed in 1962 and has undergone extensive building improvements over the last few years. It consists of eight two-bedroom units and one 1-bedroom unit. Each unit features, upgraded plumbing and electric systems, a few units have new appliances, kitchens and bathroom vanities. In addition, the property is separately metered, offers six single car garages, and has a laundry facility on-site.

Last Agent to Sell the Property

Jack Levis

CBRE Inc. License #01886278 Listed on: 10/14/2015

Last Buyer's Agent

Kevin King

Marcus & Millichap License #01158184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,161 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 6,720 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431026019

Community Details

Overview

  • 9 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $10,648
  • Net Operating Income $82,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7431026019
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 217.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6161.00
  • Price Per Lot Square Foot: 236.97
  • Lot Size Acres: 0.1410

Multi Family

  • Gross Income: 10648.00
  • Gross Scheduled Income: 127776.00
  • Lot Size Area: 6161.0000 Square Feet
  • Net Operating Income: 82560.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 36993.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 1833

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
04/22/2016 04/22/16 Sold $1,460,000 -2.3% $217 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $1,495,000 +83.4% $222 / Sq Ft
08/09/2012 08/09/12 Sold $815,000 -14.1% $121 / Sq Ft View Prior Sale
07/11/2012 07/11/12 Pending -- -- --
08/25/2011 08/25/11 For Sale $949,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $22,771 $1,728,339 $947,036 $781,303
2024 $22,771 $1,694,451 $928,467 $765,984
2023 $22,378 $1,661,227 $910,262 $750,965
2022 $21,018 $1,628,655 $892,414 $736,241
2021 $20,570 $1,596,721 $874,916 $721,805
2019 $20,275 $1,549,363 $848,966 $700,397
2018 $19,742 $1,518,984 $832,320 $686,664
2016 $13,010 $1,015,250 $406,100 $609,150
2015 $12,505 $1,000,000 $400,000 $600,000
2014 $10,615 $818,699 $447,020 $371,679
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jack Levis

    CBRE Inc.

    Section Image
  • Kevin King

    Buyer's Agent in 2016

    Kevin King

    Marcus & Millichap

    (562) 257-1245

    40 Total Sales

    Kevin King
    Section Image

  • R

    Seller's Agent in 2012

    Rich McHugh

    Realty One Group West

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15226008

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90810 Lower Westside

1547 W 19th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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