NOT LISTED FOR SALE
9 Beds
8 Baths
3,408 Sq Ft
3,774 Sq Ft Lot

Last Sold October 21, 2021

Last sale price $1,875,000 $550 Per Sq Ft

3 Days on Market

About This Home

As of October 2021

Located in the Alamitos Beach area of Long Beach, you'll find yourself only minutes Shoreline Village and The Pike where you can enjoy an array of entertainment, food and shopping venues that truly brings the draw to Long Beach.

Must have verifiable rental history and income. No smoking. Ask about pets. No evictions please. This building is managed by a professional property management company.

To submit an application: please visit our website at or call our offices at to schedule a showing.

Nationwide Property Services Inc. does not and shall not discriminate on the basis of race, color, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, orientation, or military status, in any of its activities or operations.

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 08/31/2021

Last Buyer's Agent

Andrew McAllister

eXp Realty of Greater L.A License #01946829

eXp Realty of Greater L.A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 3,774 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage

Home Design

  • 3,408 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 8 / 103
  • Tax Tract Number 5766
  • Assessor Parcel Number 7275012009

Community Details

Overview

  • 8 Units
  • Alamitos Beach Subdivision

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $920
  • Insurance Expense $2,800
  • Maintenance Expense $8,135
  • Pest Control $1,440
  • Professional Management Expense $5,950
  • Water Sewer Expense $2,500
  • New Taxes Expense $23,688
  • Operating Expense $46,183
  • Gross Income $10,225
  • Net Operating Income $76,517

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Professional Management Expense: 5950.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 2500.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 920.00
  • Parcel Number: 7275012009
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 550.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Pest Control Expense: 1440.00
  • 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: Walkstreet
  • Lot Size Sq Ft: 3774.00
  • Lot Size Acres: 0.0866

Rental Info

  • Garage Rental Rate: 40.00

Multi Family

  • Garage Income: 40.00
  • Gross Income: 10225.00
  • Gross Scheduled Income: 122700.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 3774.0000 Square Feet
  • Maintenance Expense: 8135.00
  • Net Operating Income: 76517.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 46183.00
  • Rent Control: Yes
  • Total Actual Rent: 10185.00
  • Total Expenses: 46183.00

Tax Info

  • New Taxes Expense: 23688.00
  • Tax Block: 103
  • Tax Census Tract: 5766.02
  • Tax Lot: 8
  • Tax Tract Number: 5766

Range of Values:

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Value Increase
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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
10/08/2024 10/08/24 Off Market $1,695 -- --
09/03/2024 09/03/24 For Rent $1,695 0.0% --
10/21/2021 10/21/21 Sold $1,875,000 -1.1% $550 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $1,895,000 -- $556 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21192288

California Regional Multiple Listing Service (CRMLS)