B
Seller's Agent in 2014
Brad Miles
INCO Commercial Realty Inc
2284 Locust Ave Long Beach, CA 90806
Southeast Wrigley Neighborhood
11
Beds
5
Baths
7,320
Sq Ft
5,879
Sq Ft Lot
About This Home
As of December 2014Excellent unit mix of 9 nine larger units - (2) 3+1, (6) 2+1, (1) 1+1 with 6 garages, laundry facility, separate electric and gas meters. One of the key benefits to the property is its easy walk or bike ride to Willow Blue line station, Memorial Hospital. Also freeway close to 405 and 710 freeways. This is true bread and butter with some immediate upside in rents and benefit for strong management.
Last Agent to Sell the Property
Brad Miles
INCO Commercial Realty Inc License #00927860 Listed on: 08/12/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 5,879 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 7,320 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 2 / D
- Assessor Parcel Number 7208023002
Community Details
Overview
- No Home Owners Association
- 9 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $396
- Gardener Expense $600
- Insurance Expense $2,928
- Maintenance Expense $4,500
- Other Expense $1,350
- Professional Management Expense $5,062
- Trash Expense $1,485
- Water Sewer Expense $3,377
- New Taxes Expense $13,440
- Gross Income $8,697
- Net Operating Income $66,188
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/20/2014 12/20/14 | Sold | $1,125,000 | -6.3% | $154 / Sq Ft |
| 09/04/2014 09/04/14 | Pending | -- | -- | -- |
| 08/12/2014 08/12/14 | For Sale | $1,200,000 | -- | $164 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,247 | $1,352,075 | $480,737 | $871,338 |
| 2024 | $18,247 | $1,325,564 | $471,311 | $854,253 |
| 2023 | $17,929 | $1,299,573 | $462,070 | $837,503 |
| 2022 | $16,852 | $1,274,092 | $453,010 | $821,082 |
| 2021 | $16,476 | $1,249,111 | $444,128 | $804,983 |
| 2019 | $16,239 | $1,212,803 | $430,956 | $781,847 |
| 2018 | $15,789 | $1,189,038 | $422,506 | $766,532 |
| 2016 | $14,508 | $1,142,156 | $406,100 | $736,056 |
| 2015 | $13,941 | $1,125,000 | $400,000 | $725,000 |
| 2014 | -- | $910,000 | $310,000 | $600,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
NoEmail NoEmail
N
Buyer's Agent in 2014
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
6,235 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14172608
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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