NOT LISTED FOR SALE
4 Beds
4 Baths
4,056 Sq Ft
3,496 Sq Ft Lot

Last Sold April 23, 2015

Last sale price $570,000 $141 Per Sq Ft

111 Days on Market

About This Home

As of April 2015

Fourplex, Multi-Unit Building in Downtown LB. Addresses Are 217 - 223 W 10th St. Four Large 1BR Units (All Fully Leased), Each With W/D Hookups and Separately Metered for Gas and Electricity. Some Units With Hardwood Floors. One Garage On-Site Used for Storage Only. Walking Distance to the Supermarket and Public Transportation.

Last Agent to Sell the Property

Mike Dunfee

Engel & Völkers Long Beach License #01191497 Listed on: 12/29/2014

Engel & Völkers Long Beach

Last Buyer's Agent

Bill D'Alvia

Vista Sotheby's Int'l Realty License #01883312

Vista Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,496 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 4,056 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Tax Tract Number 5758
  • Assessor Parcel Number 7272005021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,557
  • Trash Expense $537
  • Water Sewer Expense $537
  • New Taxes Expense $7,438
  • Gross Income $3,790
  • Net Operating Income $35,411

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 537.00
  • Property Type: Residential Income
  • Parcel Number: 7272005021
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 140.53

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 537.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3496.00
  • Lot Size Acres: 0.0800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 950
  • Gross Income: 3790.00
  • Gross Scheduled Income: 45480.00
  • Insurance Expense: 1557.00
  • Lot Size Area: 3496.0000 Square Feet
  • Net Operating Income: 35411.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10069.00
  • Rent Control: No
  • Total Actual Rent: 3790.00

Tax Info

  • New Taxes Expense: 7438.00
  • Tax Lot: 13
  • Tax Tract Number: 5758

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
04/23/2015 04/23/15 Sold $570,000 -4.2% $141 / Sq Ft
04/19/2015 04/19/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $595,000 -- $147 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,404 $760,892 $480,737 $280,155
2024 $10,404 $745,973 $471,311 $274,662
2023 $9,288 $658,447 $462,070 $196,377
2022 $8,734 $645,537 $453,010 $192,527
2021 $8,533 $632,880 $444,128 $188,752
2019 $8,204 $614,110 $430,956 $183,154
2018 $7,965 $602,069 $422,506 $179,563
2016 $7,312 $578,692 $406,100 $172,592
2015 $5,440 $429,000 $118,092 $310,908
2014 $5,419 $420,597 $115,779 $304,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14263764

California Regional Multiple Listing Service (CRMLS)

APN: 7272-005-021