J
Seller's Agent in 2013
Julieanne Lam Phan
Phan Property Management
(714) 655-1434
9 Total Sales
1585 Pacific Ave Long Beach, CA 90813
Washington School Neighborhood
12
Beds
10
Baths
8,716
Sq Ft
7,569
Sq Ft Lot
Highlights
- Laundry Room
- Closed Circuit Camera
- Wrought Iron Fence
About This Home
As of September 2013Excellent buy located in a high rental demand area. Building is a hands on owner and fully occupied with NO VACANCIES. Most of the tenants are long term tenants. There are 10 units total consisting of (2) 3br/2ba, (6) 2br/2ba, and (2) 1br/1ba. Building is very well kept and properly maintained. Owner also invested in a security camera worth $5k+. Conveniently located minutes from downtown Long Beach and major freeways 710 & 405, shopping centers, convention center, shoreline village. etc.
Last Agent to Sell the Property
Phan Property Management License #01218721 Listed on: 04/17/2013
Last Buyer's Agent
Gary Ruhlen
Grason Homes License #01770129
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,569 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Density is 6-10 Units/Acre
Parking
- 5 Car Garage
Home Design
- 8,716 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 12 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Legal Lot and Block 40 / 8
- Tax Tract Number 39
- Assessor Parcel Number 7269002020
Community Details
Building Details
- 10 Leased Units
- 10 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $2,332
- Maintenance Expense $1,400
- Water Sewer Expense $9,227
- New Taxes Expense $14,107
- Gross Income $9,625
- Net Operating Income $85,500
Additional Features
- 10 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2013 09/25/13 | Sold | $1,200,000 | -14.3% | $138 / Sq Ft |
| 07/11/2013 07/11/13 | Pending | -- | -- | -- |
| 04/17/2013 04/17/13 | For Sale | $1,400,000 | -- | $161 / 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 | $20,910 | $1,471,026 | $367,754 | $1,103,272 |
| 2024 | $19,960 | $1,442,184 | $360,544 | $1,081,640 |
| 2023 | $19,612 | $1,413,907 | $353,475 | $1,060,432 |
| 2022 | $18,439 | $1,386,185 | $346,545 | $1,039,640 |
| 2021 | $18,023 | $1,359,005 | $339,750 | $1,019,255 |
| 2020 | $17,973 | $1,345,071 | $336,267 | $1,008,804 |
| 2019 | $17,764 | $1,318,698 | $329,674 | $989,024 |
| 2018 | $17,241 | $1,292,842 | $323,210 | $969,632 |
| 2016 | $15,834 | $1,242,641 | $310,660 | $931,981 |
| 2015 | $15,218 | $1,223,976 | $305,994 | $917,982 |
| 2014 | $15,150 | $1,200,000 | $300,000 | $900,000 |
Source: Public Records
Agents Affiliated with this Home
-
Julieanne Lam Phan
-
G
Buyer's Agent in 2013
Gary Ruhlen
Grason Homes
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13068751
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.
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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