K
Seller's Agent in 2016
Kenneth Davis
Coldwell Banker Realty
2295 Baltic Ave Long Beach, CA 90810
Westside Neighborhood
3
Beds
3
Baths
2,330
Sq Ft
3,676
Sq Ft Lot
About This Home
As of February 2016Very Clean & Maintained, 5–1br/1ba units in Long Beach’s Westside, 1 building with 4 units and a separate house making 5 units total with a gated courtyard. Recently Renovated with new electrical meter, wires, plumbing, stucco, all but water is separate metered, very low maintenance. Rents increased Jan1st to 3@$870+$850+$830=$4,290/month which provides a 6.8% Cap Rate. Fully rented with long term tenants. The building is across the street from Garfield Elementary School in a nice residential neighborhood. Easy income property with the possibility to assume a private note with 25% down. DRIVE BY Only, Offer subject to Inspection, DO NOT Disturb Tenants!
Last Agent to Sell the Property
Kenneth Davis
Coldwell Banker Realty License #01380998 Listed on: 07/02/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1937
Lot Details
- 3,676 Sq Ft Lot
- Two or More Common Walls
- No Landscaping
Home Design
- Property Attached
Interior Spaces
- 2,330 Sq Ft Home
- Tile Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 6-7
- Tax Tract Number 2300
- Assessor Parcel Number 7401029003
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,700
- Maintenance Expense $350
- Pest Control $540
- Professional Management Expense $236
- Water Sewer Expense $1,200
- New Taxes Expense $8,125
- Net Operating Income $39,329
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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 | Prior Sale |
|---|---|---|---|---|---|
| 02/08/2016 02/08/16 | Sold | $596,500 | -8.2% | $256 / Sq Ft | |
| 01/03/2016 01/03/16 | Pending | -- | -- | -- | |
| 07/02/2015 07/02/15 | For Sale | $650,000 | +31.3% | $279 / Sq Ft | |
| 08/30/2013 08/30/13 | Sold | $495,000 | -2.9% | $212 / Sq Ft | View Prior Sale |
| 08/08/2013 08/08/13 | Pending | -- | -- | -- | |
| 07/15/2013 07/15/13 | For Sale | $510,000 | -- | $219 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $9,475 | $706,127 | $438,000 | $268,127 |
| 2024 | $9,475 | $692,282 | $429,412 | $262,870 |
| 2023 | $9,307 | $678,709 | $420,993 | $257,716 |
| 2022 | $8,745 | $665,402 | $412,739 | $252,663 |
| 2021 | $8,558 | $652,356 | $404,647 | $247,709 |
| 2020 | $8,536 | $645,668 | $400,498 | $245,170 |
| 2019 | $8,435 | $633,009 | $392,646 | $240,363 |
| 2018 | $8,197 | $620,598 | $384,948 | $235,650 |
| 2016 | $6,578 | $512,589 | $310,660 | $201,929 |
| 2015 | $6,323 | $504,890 | $305,994 | $198,896 |
| 2014 | $6,299 | $495,000 | $300,000 | $195,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Larry Sangiorgio
Buyer's Agent in 2016
Larry Sangiorgio
First Team Real Estate
(714) 280-9400
46 Total Sales
-
Luis Morente
L
Seller Co-Listing Agent in 2013
Luis Morente
Coldwell Banker Realty
(562) 397-5261
11 Total Sales
-
R
Buyer's Agent in 2013
Rick Borrelli
First Team Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15145528
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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