NOT LISTED FOR SALE

2010 Pine Ave Long Beach, CA 90806

Southeast Wrigley Neighborhood
1 Bed
1 Bath
7,584 Sq Ft
6,128 Sq Ft Lot

Last Sold August 10, 2017

Last sale price $1,445,000 $191 Per Sq Ft

30 Days on Market

About This Home

As of August 2017

• Pride of Ownership Property
• Quiet, Tree-Lined Street in Historic Wrigley District
• Large Units w/ (5) Garages
• Gated Courtyard
• Substantial Upside - 5.8% CAP on Leveled Rents

Last Agent to Sell the Property

Damien Breaux

Morgan Skenderian License #01460301 Listed on: 06/28/2017

Co-Listed By

Michael Sacks

Coldwell Banker Realty License #01945984

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,128 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 7,584 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Assessor Parcel Number 7209018019

Community Details

Overview

  • 4 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $2,451
  • Maintenance Expense $4,668
  • Other Expense $1,654
  • Trash Expense $2,630
  • Water Sewer Expense $2,630
  • New Taxes Expense $16,939
  • Operating Expense $31,812
  • Gross Income $96,240
  • Net Operating Income $61,541

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.20
  • Property Attached: Yes
  • Water Sewer Expenses: 2630.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7209018019
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 190.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2630.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6128.00

Multi Family

  • Gross Income: 96240.00
  • Gross Multiplier: 15.22
  • Gross Operating Income: 93353.00
  • Gross Scheduled Income: 96240.00
  • Insurance Expense: 2451.00
  • Maintenance Expense: 4668.00
  • Net Operating Income: 61541.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 31812.00
  • Operating Expense Percent: 33.10
  • Other Expense: 1654.00
  • Other Expense Description: Misc.
  • Rent Control: No
  • Total Expenses: 31812.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16939.00
  • Tax Lot: 000
  • Tax Tract Number: 0000

Range of Values:

--
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
08/10/2017 08/10/17 Sold $1,445,000 -1.4% $191 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $1,465,000 -- $193 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Damien Breaux

    Seller's Agent in 2017

    Damien Breaux

    Morgan Skenderian

    (949) 584-0503

    41 Total Sales

    Damien Breaux
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Michael Sacks

    Coldwell Banker Realty

    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    6,181 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17146896

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90806 Southeast Wrigley

2010 Pine Ave, 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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