NOT LISTED FOR SALE
17 Beds
17 Baths
9,444 Sq Ft
9,005 Sq Ft Lot

Sale Details

Date Sold: December 3, 2015

Last sale price $1,716,375 $182 Per Sq Ft

12 Days on Market

Highlights

  • Balcony
  • 5-minute walk to Pacific Coast Highway Station
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A
  • Tile Flooring

About This Home

As of December 2015

About the UnitsLocated at 1880 Locust Avenue in Long Beach, California, this community offers one- and two-bedroom units. Unit sizes vary. Each apartment features wood-style flooring and/or carpet. Kitchens have sleek countertops, ample cabinetry, and a gas stove. Each unit offers a private balcony. Assigned covered parking is available for an additional fee.

Last Agent to Sell the Property

Mo Sharifi

eXp Realty of California Inc License #01459498 Listed on: 11/04/2015

eXp Realty of California Inc

Last Buyer's Agent

Robert Stepp

Keller Williams Realty Downey License #01456379

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,005 Sq Ft Lot
  • No Common Walls
  • Fence is in fair condition

Parking

  • 12 Car Garage

Home Design

  • 9,444 Sq Ft Home
  • Stucco

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 31
  • Tax Tract Number 5730

Community Details

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,888
  • Trash Expense $480
  • Water Sewer Expense $4,175
  • New Taxes Expense $16,500
  • Gross Income $12,235
  • Net Operating Income $108,000

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

9,005 Sq Ft Lot

Parking

12

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 4175.00
  • Property Type: Residential Income
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Levels: Two
  • Price Per Square Foot: 181.74

Exterior Features

  • Fencing: Fair Condition
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 24.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9005.00
  • Price Per Lot Square Foot: 190.60
  • Lot Size Acres: 0.2070

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 625
  • Average2 Bed Area: 850
  • Gross Income: 12235.00
  • Gross Scheduled Income: 146000.00
  • Insurance Expense: 2888.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 9005.0000 Square Feet
  • Net Operating Income: 108000.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 38000.00
  • Other Income Description: storage room
  • Rent Control: No
  • Total Actual Rent: 11750.00

Tax Info

  • New Taxes Expense: 16500.00
  • Tax Lot: 31
  • Tax Tract Number: 5730

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2015
Sold by
Bought by

Purchase Details

Closed on
May 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
0.0555%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
0.0592%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2001
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
0.0726%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$1,716,500 Pacific Coast Title
$1,640,000 Chicago Title Co
$1,500,000 First American Title Co
-- First American Title Co
-- First American Title Co
$525,000 First American Title Co
$325,000 Fidelity National Title Ins
-- Chicago Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $960,000
Previous Owner $1,125,000
Previous Owner $393,750
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
06/13/2026 06/13/26 Off Market $1,850 -- --
04/13/2026 04/13/26 Price Changed $1,850 0.0% --
02/07/2026 02/07/26 Price Changed $1,850 0.0% --
01/09/2026 01/09/26 Price Changed $1,850 0.0% --
01/09/2026 01/09/26 For Rent $1,850 -7.3% --
09/29/2025 09/29/25 Off Market $1,995 -- --
06/17/2025 06/17/25 Price Changed $1,995 +7.8% --
06/04/2025 06/04/25 For Rent $1,850 0.0% --
12/03/2015 12/03/15 Sold $1,716,375 +4.1% $182 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $1,649,000 -- $175 / Sq Ft
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 $28,387 $2,031,834 $947,036 $1,084,798
2024 $27,118 $1,991,995 $928,467 $1,063,528
2023 $26,649 $1,952,937 $910,262 $1,042,675
2022 $25,040 $1,914,645 $892,414 $1,022,231
2021 $24,494 $1,877,104 $874,916 $1,002,188
2019 $24,143 $1,823,029 $848,966 $974,063
2018 $23,476 $1,787,316 $832,320 $954,996
2016 $21,578 $1,716,375 $800,000 $916,375
2015 $18,586 $1,500,000 $761,500 $738,500
2014 $16,560 $1,300,000 $660,000 $640,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15127547

California Regional Multiple Listing Service (CRMLS)
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