NOT LISTED FOR SALE
Studio
-- Bath
11,376 Sq Ft
0.43 Acres Lot

Sale Details

Date Sold: November 30, 2012

Last sale price $1,835,000 $161 Per Sq Ft

797 Days on Market

About This Home

As of November 2012

Well maintained Eighteen (18) Units apartment in nice neighborhood and area of Long Beach, close to East Pacific Coast High way with beautiful Garden Style Landscaping. This is a grate opportunity for motivated Buyer and Investor.This apartment building is composed of Two (2), Two bedrooms and Sixteen (16), One bedroom with Twelve Garages and common area laundry facility. BRING YOUR OFFER SELLERS WILL CONSIDER. Financials are provided by current Management Company and the Management Company`s annual Fees is Approximately $11,000.00. Income & Expenses as of July 2011. Owners are open to negotiate Creative Financing

Last Agent to Sell the Property

KRICH ADARY

PRUDENTIAL CALIFORNIA REALTY Listed on: 09/25/2010

Last Buyer's Agent

Marty Stone

BUCKINGHAM INVESTMENTS License #00416755

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.43

Parking

  • 12 Parking Spaces

Home Design

  • 11,376 Sq Ft Home
  • Property Attached

Additional Features

  • 18,731 Sq Ft Lot
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 7259002029

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Building Details

  • 19 Separate Electric Meters
  • 19 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0.43 Acres

Listing Details

  • Assessments: No
  • CapRate: 6.87
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7259002029
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: Two
  • Price Per Square Foot: 161.30

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 12.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18731.00
  • Lot Size Acres: 0.4300

Multi Family

  • Gross Multiplier: 10.20
  • Gross Scheduled Income: 195940.00
  • Lot Size Area: 18731.0000 Square Feet
  • Number Of Separate Electric Meters: 19
  • Number Of Separate Gas Meters: 19
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 18
  • Operating Expense: 54367.00
  • Vacancy Allowance Rate: 3.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $1,835,000 -- $161 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $32,473 $2,259,661 $1,323,781 $935,880
2024 $31,040 $2,215,355 $1,297,825 $917,530
2023 $30,493 $2,171,918 $1,272,378 $899,540
2022 $28,677 $2,129,332 $1,247,430 $881,902
2021 $28,038 $2,087,581 $1,222,971 $864,610
2020 $27,965 $2,069,096 $1,210,431 $858,665
2019 $27,639 $2,028,584 $1,186,698 $841,886
2018 $26,741 $1,988,866 $1,163,430 $825,436
2016 $24,600 $1,908,831 $1,118,253 $790,578
2015 $23,647 $1,880,159 $1,101,456 $778,703
2014 $23,560 $1,843,330 $1,079,880 $763,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 12143800

California Regional Multiple Listing Service (CRMLS)
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