NOT LISTED FOR SALE

1755 E 2nd St Long Beach, CA 90802

Alamitos Beach Neighborhood
10 Beds
8 Baths
9,151 Sq Ft
8,265 Sq Ft Lot

Last Sold July 24, 2013

Last sale price $1,845,000 $202 Per Sq Ft

5 Days on Market

About This Home

As of July 2013

12 unit apartment building walking distance to beach. 6 garages included in rents. large lot from 2nd all the through to broadway. very stable tenants most very long term. Court yard style. Owner is starting paint for entire building. New copper plumbing in 2007

Last Agent to Sell the Property

Todd Turley

Coldwell Banker Realty License #01041359 Listed on: 06/01/2013

Coldwell Banker Realty

Last Buyer's Agent

KIMBERLY DARNEY

DARNEY REALTY License #01458057

DARNEY REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,265 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 6 Car Garage

Home Design

  • 9,151 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 030
  • Assessor Parcel Number 7265019045

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,620
  • Gardener Expense $1,080
  • Insurance Expense $3,000
  • Maintenance Expense $1,500
  • Trash Expense $800
  • Water Sewer Expense $1,700
  • New Taxes Expense $21,645
  • Gross Income $12,783
  • Net Operating Income $120,616

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1700.00
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7265019045
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 201.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 8265.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 1620.00
  • Gross Income: 12783.00
  • Gross Multiplier: 12.00
  • Gross Scheduled Income: 153396.00
  • Gross Spendable Income: 40804.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 8265.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 120616.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 32780.00
  • Rent Control: No
  • Vacancy Allowance Rate: 0.70

Tax Info

  • New Taxes Expense: 21645.00
  • Taxes Percent: 1.17
  • Tax Lot: 030
  • Tax Rate: 1.17
  • Tax Tract Number: 000
  • Tax Year: 2012

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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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
07/24/2013 07/24/13 Sold $1,845,000 -0.5% $202 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $1,855,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Todd Turley

    Coldwell Banker Realty

    (562) 439-5965

    5 Total Sales

    Todd Turley
    Section Image
  • KIMBERLY DARNEY

    Buyer's Agent in 2013

    KIMBERLY DARNEY

    DARNEY REALTY

    (714) 657-6634

    16 Total Sales

    KIMBERLY DARNEY
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13102958

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90802 Alamitos Beach

1755 E 2nd St, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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