NOT LISTED FOR SALE

1749 Obispo Ave Long Beach, CA 90804

Zaferia Neighborhood
16 Beds
16 Baths
5,814 Sq Ft
6,500 Sq Ft Lot

Last Sold May 31, 2016

Last sale price $1,400,000 $241 Per Sq Ft

54 Days on Market

Highlights

  • No HOA
  • 12 Attached Carport Spaces
  • Rectangular Lot
  • Woodrow Wilson High School Rated A

About This Home

As of May 2016

Great Property back on the Market!Act Fast!This income property has 8 units, 2 beds/2 bath each, with an average of 750 sf each.Carport for 12 cars.

Last Agent to Sell the Property

George Briseno

eXp Realty License #01216001 Listed on: 02/18/2016

eXp Realty

Last Buyer's Agent

George Briseno

eXp Realty License #01216001 Listed on: 02/18/2016

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,500 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Split Level Home
  • Property Attached

Interior Spaces

  • 5,814 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 24 Parking Spaces
  • 12 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 2
  • Assessor Parcel Number 7259033034

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $686
  • Insurance Expense $2,377
  • Professional Management Expense $4,063
  • Trash Expense $947
  • Water Sewer Expense $5,379
  • New Taxes Expense $17,400
  • Gross Income $8,437
  • Net Operating Income $49,868

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • CapRate: 2.70
  • Inclusions: Any major appliance that is already attached to the units.
  • Professional Management Expense: 4063.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5379.00
  • Property Type: Residential Income
  • Parcel Number: 7259033034
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 240.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 947.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6500.00
  • Price Per Lot Square Foot: 215.38
  • Lot Size Acres: 0.1490

Multi Family

  • Electric Expense: 686.00
  • Gross Income: 8437.00
  • Gross Scheduled Income: 101244.00
  • Insurance Expense: 2377.00
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 49868.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 33732.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 17400.00
  • Tax Lot: 66
  • Tax Tract Number: 2

Range of Values:

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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
05/31/2016 05/31/16 Sold $1,400,000 -3.4% $241 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $1,450,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • George Briseno

    Seller's Agent in 2016

    George Briseno

    eXp Realty

    (562) 715-0690

    13 Total Sales

    George Briseno
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16034212

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Zaferia

1749 Obispo Ave, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) 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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