
2165 Earl Ave Long Beach, CA 90806
Southeast Wrigley NeighborhoodHighlights
- 8 Car Attached Garage
- Tandem Parking
- Ceiling Fan
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of October 2024Great investor opportunity to acquire a well maintained 4 unit building located in the high demand South Wrigley Sub-Market of Long Beach. The building is a cash machine, has a 6.9% in place cap rate, a 7.2%+ ProForma Cap Rate, and is 100% leased. It contains (3) spacious 2 Bedroom / 1 Bathroom Units, and (1) very spacious 3 Bedroom / 1 Bathroom Unit. The building also has a detached garage complex containing (3) one car garages that can be used as storage if needed and fit one vehicle parked behind. Three of the apartment have been remodeled within the last two years and the one remaining non-remodeled unit gives the new owner and opportunity to remodel, add value, and bring up to market rent. The property is located in close proximity to schools, banks, shopping centers, public transit, and easy freeway access. It is within walking distance of Long Beach Poly High, and only 2.1 miles from Downtown Long Beach. The area boats strong rental demand and all vacancies have been easily filled at market rent with multiple applicants coming forth.
Last Agent to Sell the Property
Allure Capital Management Corp License #02019663 Listed on: 08/02/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,370
Year Built
- Built in 1929
Lot Details
- 6,274 Sq Ft Lot
Home Design
- Split Level Home
- Raised Foundation
Interior Spaces
- 3,769 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Leased Washer and Dryer
Parking
- 8 Car Attached Garage
- Tandem Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Central Water Heater
Community Details
- 4 Units
- Laundry Facilities
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 7205-030-011
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,380,000 | Equity Title Company | |
Grant Deed | $1,010,000 | Ticor Title | |
Interfamily Deed Transfer | -- | Old Republic Title Company | |
Grant Deed | $820,500 | Old Republic Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $695,000 | Orange Coast Title Company | |
Interfamily Deed Transfer | -- | Orange Coast Title Company | |
Interfamily Deed Transfer | -- | First American Title Co | |
Interfamily Deed Transfer | -- | First American Title Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,035,000 | New Conventional | |
Previous Owner | $767,000 | New Conventional | |
Previous Owner | $757,000 | New Conventional | |
Previous Owner | $757,500 | New Conventional | |
Previous Owner | $574,350 | New Conventional | |
Previous Owner | $117,187 | New Conventional | |
Previous Owner | $143,500 | Purchase Money Mortgage |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/16/2024 10/16/24 | Sold | $1,380,000 | +0.4% | $366 / Sq Ft |
09/17/2024 09/17/24 | Pending | -- | -- | -- |
08/02/2024 08/02/24 | For Sale | $1,375,000 | +36.1% | $365 / Sq Ft |
07/15/2019 07/15/19 | Sold | $1,010,000 | -2.4% | $268 / Sq Ft |
06/01/2019 06/01/19 | Pending | -- | -- | -- |
06/01/2019 06/01/19 | For Sale | $1,035,000 | +24.7% | $275 / Sq Ft |
10/12/2017 10/12/17 | Sold | $830,000 | -2.2% | $220 / Sq Ft |
08/27/2017 08/27/17 | Pending | -- | -- | -- |
07/27/2017 07/27/17 | For Sale | $849,000 | +22.2% | $225 / Sq Ft |
02/02/2016 02/02/16 | Sold | $695,000 | -0.1% | $184 / Sq Ft |
12/14/2015 12/14/15 | Pending | -- | -- | -- |
07/15/2015 07/15/15 | For Sale | $695,500 | -- | $185 / Sq Ft |
Tax History Compared to Growth
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 | $14,370 | $1,380,000 | $500,000 | $880,000 |
2024 | $14,370 | $1,082,920 | $643,320 | $439,600 |
2023 | $14,128 | $1,061,687 | $630,706 | $430,981 |
2022 | $13,269 | $1,040,871 | $618,340 | $422,531 |
2021 | $12,996 | $1,020,463 | $606,216 | $414,247 |
2019 | $10,957 | $836,910 | $306,000 | $530,910 |
2018 | $10,609 | $820,500 | $300,000 | $520,500 |
2016 | $4,146 | $303,834 | $112,137 | $191,697 |
2015 | $3,993 | $299,271 | $110,453 | $188,818 |
2014 | $3,986 | $293,410 | $108,290 | $185,120 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
KC James Dorame
Allure Capital Management Corp
(949) 533-6802
1 in this area
5 Total Sales
-
Seller Co-Listing Agent in 2024
Joey Daurio
Allure Capital Management Corp
(949) 889-2011
1 in this area
1 Total Sale
-
Buyer's Agent in 2024
Jimmy Thach
Seal Real Estate
(714) 622-4735
1 in this area
61 Total Sales
-
J
Seller's Agent in 2019
Jeff Chonis
Buckingham Investments, Inc.
-
Buyer's Agent in 2019
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
2 in this area
79 Total Sales
-
C
Seller's Agent in 2017
Cass Bastain
Cass Bastain, Broker
Map
Source: The MLS
MLS Number: 24-423989

APN: 7205-030-011
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