Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
123 Total Sales
3 in North Alamitos Beach
$352K - $435K Price Range
2040 E Florida St Long Beach, CA 90814
North Alamitos Beach Neighborhood
10
Beds
9
Baths
5,362
Sq Ft
6,514
Sq Ft Lot
Highlights
- 0.15 Acre Lot
- No HOA
- Laundry Facilities
- Wilson High School Rated A
- Floor Furnace
- Turnkey
About This Home
As of March 2015AMAZING LOCATION!!! Alamitos Beach/Carroll Park! 1972 construction building with no deferred maintenance. Perfect unit mix: 1 - 3 bedroom/2 bath, 1- 2 bedroom/2 bath, 6 - 1 bedroom/1 bath. Building runs smoothly w/long term tenants. Vacancies are rare. DEFINITE Upside in Rents - no rent control in Long Beach! Separately metered for electric and units have individual hot water heaters (to keep expenses low). 4 garages and 8 parking spaces. Laundry room w/ seller's own machines. This building would be perfect to add to your investment portfolio! Income Actual, Expenses are Estimated. Proforma info: Market rent on 1 Bedrooms = $1095. Market rent on 2 Bedroom/ 2 Bath = $1350. Market rent on 3 Bedroom/ 2 Bath = $1500. Proforma rent = $9745/mo - $116,940/yr. Proforma Cap = 5.76% - GRM = 13.04
Last Agent to Sell the Property
Realty One Group Homelink License #01360644 Listed on: 04/09/2014
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972 | Remodeled
Lot Details
- 6,514 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 5,362 Sq Ft Home
- 2-Story Property
- Carpet
Bedrooms and Bathrooms
- 10 Bedrooms
- 9 Bathrooms
Additional Features
- Rain Gutters
- Floor Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 6 / 2
- Tax Tract Number 5768
- Assessor Parcel Number 7263005008
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- 9 Separate Electric Meters
- 9 Separate Water Meters
- Gross Income $8,385
- Net Operating Income $75,465
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 21, 2024
Sold by
Adw-No 1 Llc
Bought by
Purchase Details
Closed on
Feb 7, 2022
Sold by
Takao Hayashi
Bought by
Adw-No 1 Llc
Purchase Details
Closed on
Mar 17, 2016
Sold by
Adw #1 Llc
Bought by
Hayashi Takao
Purchase Details
Closed on
Mar 16, 2016
Sold by
Hayashi Akiko
Bought by
Hayashi Takao
Purchase Details
Listed on
Apr 9, 2014
Closed on
Feb 18, 2015
Sold by
Terra Exploration Company
Bought by
Adw #1 Llc
Seller's Agent
Julie Hughes
Realty One Group Homelink
Buyer's Agent
Julie Hughes
Realty One Group Homelink
List Price
$1,600,000
Sold Price
$1,350,000
Premium/Discount to List
-$250,000
-15.62%
Purchase Details
Closed on
Nov 8, 2006
Sold by
Whaling Thomas and Richard John Whaling Trust
Bought by
Terra Exploration Co
Purchase Details
Closed on
Jan 19, 2006
Sold by
Whaling Thomas and Richard John Whaling Trust
Bought by
Whaling Thomas and Richard John Whaling Trust
Purchase Details
Closed on
Feb 28, 2005
Sold by
Whaling Richard John and The Richard John Whaling Trust
Bought by
The Richard John Whaling Trust
Purchase Details
Closed on
Jan 11, 2003
Sold by
Whaling Richard J and Whaling Joseph T
Bought by
Whaling Richard J
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Alamitos Beach, CA
-
Lynsey Russell
-
Scott Underwood
Scott Underwood
Meadowbrook Realty
(424) 785-0908
26 Total Sales
2 in North Alamitos Beach
$389,000 Price Range
-
Ashley Fischer
Ashley Fischer
Azling Properties Inc
(657) 254-3428
25 Total Sales
2 in North Alamitos Beach
$441K - $494K Price Range
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
1 in North Alamitos Beach
$1,150,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
237 Total Sales
1 in North Alamitos Beach
$325,000 Price
-
Wendi Otto
Wendi Otto
Responds QuicklyKeller Williams Lake Arrowhead
(562) 586-4501
51 Total Sales
1 in North Alamitos Beach
$320,000 Price
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 |
|---|---|---|---|
| $2,750,000 | Stewart Title | ||
| Adw-No 1 Llc | $2,170,000 | Stewart Title Of California In | |
| Hayashi Takao | $1,752,000 | Fidelity National Title | |
| Hayashi Takao | -- | Fidelity National Title | |
| Adw #1 Llc | $1,350,000 | Fidelity National Title Co | |
| Terra Exploration Co | $1,025,000 | Fidelity National Title Co | |
| Whaling Thomas | -- | Fidelity National Title Co | |
| The Richard John Whaling Trust | -- | None Available | |
| Whaling Richard J | -- | -- |
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 | -- |
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 |
|---|---|---|---|---|
| 03/09/2015 03/09/15 | Sold | $1,350,000 | -15.6% | $252 / Sq Ft |
| 02/08/2015 02/08/15 | Pending | -- | -- | -- |
| 04/09/2014 04/09/14 | For Sale | $1,600,000 | -- | $298 / 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 |
|---|---|---|---|---|
| 2026 | $37,283 | $2,861,100 | $1,976,760 | $884,340 |
| 2025 | $37,283 | $2,805,000 | $1,938,000 | $867,000 |
| 2024 | $29,567 | $2,257,668 | $1,685,448 | $572,220 |
| 2023 | $29,065 | $2,213,400 | $1,652,400 | $561,000 |
| 2022 | $24,715 | $1,954,383 | $1,372,086 | $582,297 |
| 2021 | $24,213 | $1,916,063 | $1,345,183 | $570,880 |
| 2019 | $23,867 | $1,859,234 | $1,305,285 | $553,949 |
| 2018 | $23,226 | $1,822,780 | $1,279,692 | $543,088 |
| 2016 | $16,959 | $1,370,587 | $913,725 | $456,862 |
| 2015 | $13,952 | $1,142,637 | $668,861 | $473,776 |
| 2014 | -- | $1,120,255 | $655,759 | $464,496 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Hughes
Seller's Agent in 2015
Julie Hughes
Realty One Group Homelink
(714) 393-5055
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14072439
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 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
Nearby Homes
- 311 Cherry Ave
- 421 N Rose Place
- 333 Junipero Ave Unit 1C
- 1825 E 3rd St Unit 4
- 1738 E 4th St Unit 15
- 1738 E 4th St
- 2060 E 3rd St Unit 3
- 1785 E 3rd St
- 2027 E Appleton St Unit 1
- 1919 E Beverly Way Unit 113
- 372 Carroll Park E Unit 406
- 372 Carroll Park E Unit 201
- 2067 E Broadway
- 2075 E Broadway
- 231 Junipero Ave Unit 12
- 606 Dawson Ave
- 1805 E 6th St
- 1637 E 5th St Unit 302
- 2123 E 7th St
- 732 Saint Louis Ave
- 2027 E Florida St
- 2017 E Florida St
- 2035 E Florida St
- 2039 E Florida St
- 2045 E Florida St
- 2009 E Florida St
- 2034 E 4th St
- 362 Cherry Ave
- 2003 E Florida St
- 2105 E Florida St
- 2020 E Florida St
- 2024 E Florida St
- 2024 E Florida St Unit 1
- 350 Cherry Ave
- 2034 E Florida St
- 344 Cherry Ave
- 2121 E Florida St
- 340 Cherry Ave
- 342 Cherry Ave
- 2104 E Florida St
Your Personal Tour Guide
Ask me questions while you tour the home.