NOT LISTED FOR SALE
6 Beds
6 Baths
2,952 Sq Ft
3,890 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $1,275,000 $432 Per Sq Ft

162 Days on Market

About This Home

As of April 2021

We are pleased to present 190 E Artesia Blvd, a six unit apartment building in the City of Long Beach. Built in 1956, the property is situated on a 3,891 square foot lot zoned LBR3T near the intersection of Long Beach Blvd and E Artesia Blvd. The property consists of all one bedroom, one bathroom units. Each unit is individually metered for gas and electricity. Since December of last year, the owner has spent $140,000 turning this property into a turn key asset. All six unit interiors have been extensively upgraded with new flooring, kitchen cabinets and counter tops, tub surrounds, etc. Exterior upgrades include but are not limited to a new asphalt parking lot, new paint, and upgraded plumbing. Situated in North Long Beach, this property is near the vicinity of the newly constructed Michell Obama library. In addition, the revitalization of this pocket of Long Beach is illustrated by two large retail projects. 6151 and 6600 Atlantic Avenue exemplify this this up and coming neighborhood

Last Agent to Sell the Property

Michael Jacobs

Kidder Mathews of California, Inc. License #01979550 Listed on: 09/26/2020

Last Buyer's Agent

Judy Robison

License #00846729

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 3,892

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Additional Features

  • Balcony
  • 3,892 Sq Ft Lot

Community Details

  • 6 Units
  • Vacancy Allowance $3,128

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 7304-032-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

3,892 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2952
  • Lot Acreage: 0.0893
  • Price Per Unit: 212500.00
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 431.91

Exterior Features

  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 7304-032-021
  • Lot Size Area: 3892

Rental Info

  • Total Actual Rent: 104280.00
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.23
  • Number Of Units: 6
  • Type Of Units: One Bedrooms
  • Vacancy Allow: 3128
  • Vacancy Allow Percent: 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

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2021 04/12/21 Sold $1,275,000 0.0% $432 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $1,275,000 0.0% $432 / Sq Ft
11/16/2020 11/16/20 Off Market $1,275,000 -- --
10/30/2020 10/30/20 For Sale $1,275,000 0.0% $432 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $1,275,000 +62.2% $432 / Sq Ft
12/22/2016 12/22/16 Sold $786,000 -1.7% $266 / Sq Ft View Prior Sale
11/18/2016 11/18/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $799,990 +87.6% $271 / Sq Ft
04/17/2012 04/17/12 Sold $426,500 -14.5% $144 / Sq Ft View Prior Sale
03/16/2012 03/16/12 Pending -- -- --
03/08/2011 03/08/11 For Sale $499,000 -- $169 / Sq Ft
Source: The MLS

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 $17,875 $1,380,099 $514,154 $865,945
2024 $17,875 $1,353,039 $504,073 $848,966
2023 $17,568 $1,326,510 $494,190 $832,320
2022 $16,490 $1,300,500 $484,500 $816,000
2021 $12,320 $952,769 $303,108 $649,661
2020 $12,288 $943,780 $300,000 $643,780
2019 $10,852 $818,534 $401,594 $416,940
2018 $10,550 $802,500 $393,720 $408,780
2016 $6,037 $452,530 $212,207 $240,323
2015 $5,809 $445,734 $209,020 $236,714
2014 $5,797 $437,004 $204,926 $232,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-638420

The MLS
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