Seller's Agent in 2021
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
4 in this area
51 Total Sales
1625 E 4th St Long Beach, CA 90802
North Alamitos Beach Neighborhood
5
Beds
6
Baths
4,404
Sq Ft
6,618
Sq Ft Lot
About This Home
As of January 2021Well priced and well located 6 unit property located in Alamitos Beach, only a few blocks from the infamous 4th Street Retro Row. The 6 unit property is comprised of 3 separate structures on a large 6,618 SF Lot. The front structure is a 1,072 SF 3bed/1bth Craftsman home. The middle structure is 1,980 SF and made up of a 4 studio units, two on the first floor and two on the second floor. Approximately 500 SF each. The rear structure is comprised of a large, approx. 1300 SF 2bd/1bth unit over 3 single car garages. Building is separately metered for gas and electricity. Same owner for 40+ years. Front house and some of the studios have been lightly remodeled in the last year. Property needs a little TLC. Upside in the rents and amazing location! Don't miss this great investment opportunity in a dense rental market with low vacancy rate and strong income.
Last Agent to Sell the Property
Pabst, Kinney & Associates License #01849377 Listed on: 10/19/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,618 Sq Ft Lot
- Two or More Common Walls
Parking
- 3 Car Garage
Home Design
- 4,404 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 5765
- Assessor Parcel Number 7266019025
Community Details
Overview
- 3 Buildings
- 6 Units
- Alamitos Beach Subdivision
Building Details
- 5 Leased Units
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $8,660
- Net Operating Income $103,920
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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 |
|---|---|---|---|---|
| 01/13/2021 01/13/21 | Sold | $1,400,000 | -6.6% | $318 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 10/19/2020 10/19/20 | For Sale | $1,499,500 | -- | $340 / 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 | $20,520 | $1,515,402 | $985,012 | $530,390 |
| 2024 | $19,660 | $1,485,690 | $965,699 | $519,991 |
| 2023 | $19,325 | $1,456,560 | $946,764 | $509,796 |
| 2022 | $18,145 | $1,428,000 | $928,200 | $499,800 |
| 2021 | $4,527 | $287,862 | $159,705 | $128,157 |
| 2020 | $4,514 | $284,911 | $158,068 | $126,843 |
| 2019 | $4,463 | $279,325 | $154,969 | $124,356 |
| 2018 | $4,264 | $273,849 | $151,931 | $121,918 |
| 2016 | $3,914 | $263,217 | $146,032 | $117,185 |
| 2015 | $3,776 | $259,264 | $143,839 | $115,425 |
| 2014 | $3,785 | $254,186 | $141,022 | $113,164 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Pabst
-
Cameron Jacques
Buyer's Agent in 2021
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
1 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20220933
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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