NOT LISTED FOR SALE

1940 E Florida St Long Beach, CA 90802

North Alamitos Beach Neighborhood
9 Beds
5 Baths
4,800 Sq Ft
4,727 Sq Ft Lot

Last Sold January 04, 2018

Last sale price $1,395,000 $291 Per Sq Ft

28 Days on Market

Highlights

  • 4,727 Sq Ft lot
  • Long Beach Polytechnic High School Rated A
  • 7 Car Garage

About This Home

As of January 2018

AMAZING OPPORTUNITY TO OWN 5 UNITS IN THE CITY OF LONG BEACH. THE MAIN BUILDING HAS 4 UNITS. THEY HAVE THE SAME FLOOR PLAN, TWO UPSTAIRS AND THE OTHER TWO DOWNSTAIRS. EACH UNIT HAS 2 BEDROOM 1 BATH WITH A SMALL OFFICE SPACE AND LAUNDRY AREA. ABOVE THE GARAGE IS THE STUDIO WITH A BATHRROM APROX 400 SQ FOOT. 15 MIN WALK TO THE BEACH, OR 5 MINUTE DRIVE. 10 MIN 2.3 MILE DRIVE TO THE AQUARIUM OF THE PACIFIC. 15 MIN DRIVE TO ALL FREEWAYS. LOCATION LOCATION LOCATION!!! OFFERS WILL BE REVIEWED MONDAY MONDAY NOV. 13TH

Last Agent to Sell the Property

Albert Preciado

The Mortgage Guy Inc. License #01934902 Listed on: 10/31/2017

Last Buyer's Agent

Albert Preciado

The Mortgage Guy Inc. License #01934902 Listed on: 10/31/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,727

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 7 Car Garage
  • Driveway
  • Assigned Parking

Additional Features

  • 4,727 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 7275-018-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4800
  • Probate: No
  • Stories: 2
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 5.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 296.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Assigned, Driveway, Garage
  • Total Parking: 7

Utilities

  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Value: 336600
  • Assessed Land Value: 785400
  • Assessor Parcel Number: 7275-018-021
  • Geocode Override: No
  • Lot Size Area: 4727

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 5
  • Type Of Units: 5

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/04/2018 01/04/18 Sold $1,395,000 -2.1% $291 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $1,425,000 +29.5% $297 / Sq Ft
04/05/2016 04/05/16 Sold $1,100,000 0.0% $215 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $1,100,000 -- $215 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $20,422 $1,587,267 $1,137,827 $449,440
2024 $20,422 $1,556,145 $1,115,517 $440,628
2023 $20,079 $1,525,634 $1,093,645 $431,989
2022 $18,849 $1,495,720 $1,072,201 $423,519
2021 $18,463 $1,466,393 $1,051,178 $415,215
2020 $18,414 $1,451,358 $1,040,400 $410,958
2019 $18,199 $1,422,900 $1,020,000 $402,900
2018 $14,421 $1,122,000 $785,400 $336,600
2016 $1,884 $95,421 $35,388 $60,033
2015 $1,829 $93,989 $34,857 $59,132
2014 $1,848 $92,149 $34,175 $57,974
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Albert Preciado

    The Mortgage Guy Inc.

    (424) 288-4448

    16 Total Sales

    Albert Preciado
    Section Image
  • Kristie Pabst

    Seller's Agent in 2016

    Kristie Pabst

    Pabst, Kinney & Associates

    (562) 987-3244

    30 Total Sales

    Kristie Pabst
    Section Image

  • H

    Buyer's Agent in 2016

    Hamid Pashaee

    Hamid Pashaee, Broker

    (949) 254-4042

    12 Total Sales

    Hamid Pashaee
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-283532

The MLS
California Los Angeles County Long Beach 90802 North Alamitos Beach

1940 E Florida St, Long Beach, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes