Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
(562) 414-5730
39 Total Sales
1 in Dairy
$535,000 Price
210 E 56th St Long Beach, CA 90805
Dairy Neighborhood
8
Beds
6
Baths
4,350
Sq Ft
8,119
Sq Ft Lot
Highlights
- Corner Lot
- Lawn
- 5-minute walk to Burton W. Chace Park
About This Home
As of May 2019First time on the market in over 40 years, 210 East 56th Street, a walk up two story apartment building situated in a North Long Beach area consisting of mostly single family homes. The property has been carefully maintained over the years with many upgrades including new windows. The owner states that six of the units have been renovated. The enclosed yard provides a park-like tranquil atmosphere for the tenants to enjoy. There are a total of nine off-street parking spaces for the tenants convenience. 210 East 56th Street is a turn key investment with long-term stable tenants, some of which have been there over 20 years. Rents are approximately 30% behind market which provides the astute investor the opportunity to continue to upgrade and increase the income to market levels. North Long Beach continues to be an attractive area for investors due to the increase in cash flow potential as compared to other areas. Interior inspection with accepted offer.
Last Agent to Sell the Property
Thomas Winn
Long Beach Invest. Prop. License #00697278 Listed on: 03/21/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 8,119 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Paved or Partially Paved Lot
- Irregular Lot
- Lawn
Home Design
- 4,350 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 5992
- Assessor Parcel Number 7126019009
Community Details
Overview
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $480
- Gardener Expense $600
- Insurance Expense $1,392
- Water Sewer Expense $3,000
- Operating Expense $7,186
- Gross Income $78,600
- Net Operating Income $71,414
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
Listed on
Mar 21, 2019
Closed on
Apr 10, 2019
Sold by
Bought by
Seller's Agent
Thomas Winn
Long Beach Invest. Prop.
Buyer's Agent
Jesse Rubalcava
J. Rubalcava & Associates
List Price
$1,475,000
Sold Price
$1,450,000
Premium/Discount to List
-$25,000
-1.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Outstanding Balance
$871,672
Interest Rate
4.1%
Mortgage Type
Construction
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Dairy, CA
-
Gonzalo Gomez
-
James McCormick
James McCormick
Real Broker
(657) 238-1775
29 Total Sales
1 in Dairy
$351,000 Price
-
Gregory Jewett
Gregory Jewett
Lightning Real Estate
(818) 418-8546
41 Total Sales
1 in Dairy
$724,000 Price
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
1 in Dairy
$379,000 Price
-
Bill Caiazzo
Bill Caiazzo
Responds QuicklyHomeSmart, Evergreen Realty
(657) 255-8637
111 Total Sales
1 in Dairy
$660,000 Price
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
1 in Dairy
$760,000 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 |
|---|---|---|---|
| $1,450,000 | Old Republic Title Company |
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 |
|---|---|---|---|
| Open | $1,015,000 |
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 |
|---|---|---|---|---|
| 05/14/2019 05/14/19 | Sold | $1,450,000 | -1.7% | $333 / Sq Ft |
| 03/25/2019 03/25/19 | Pending | -- | -- | -- |
| 03/21/2019 03/21/19 | For Sale | $1,475,000 | -- | $339 / 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 | $22,120 | $1,617,496 | $557,756 | $1,059,740 |
| 2024 | $21,173 | $1,585,781 | $546,820 | $1,038,961 |
| 2023 | $20,807 | $1,554,689 | $536,099 | $1,018,590 |
| 2022 | $19,539 | $1,524,206 | $525,588 | $998,618 |
| 2021 | $19,137 | $1,494,321 | $515,283 | $979,038 |
| 2019 | $3,619 | $190,373 | $73,697 | $116,676 |
| 2018 | $3,432 | $186,647 | $72,252 | $114,395 |
| 2016 | $3,159 | $179,113 | $69,448 | $109,665 |
| 2015 | $3,059 | $176,423 | $68,405 | $108,018 |
| 2014 | $3,087 | $172,969 | $67,066 | $105,903 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2019
Thomas Winn
Long Beach Invest. Prop.
-
Gary Putman
G
Seller Co-Listing Agent in 2019
Gary Putman
J. Rubalcava & Associates
(562) 426-2507
1 Total Sale
-
Jesse Rubalcava
J
Buyer's Agent in 2019
Jesse Rubalcava
J. Rubalcava & Associates
(562) 278-5380
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19064144
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
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