NOT LISTED FOR SALE

235 E Burnett St Long Beach, CA 90806

Southeast Wrigley Neighborhood
-- Bed
-- Bath
11,882 Sq Ft
1965 Built

Last Sold March 22, 2012

Last sale price $1,480,000 $125 Per Sq Ft

107 Days on Market

Highlights

  • Traditional Architecture
  • Long Beach Polytechnic High School Rated A
  • No Heating

About This Home

As of March 2012

Beautiful 60's Building with townhouse style units, mostly 2 Br. 12 Garages and 2 parking spaces Walk to shops and transportation

Last Agent to Sell the Property

Susan Doan

Burton S. Young, Broker License #00544426 Listed on: 12/06/2011

Last Buyer's Agent

Susan Doan

Burton S. Young, Broker License #00544426 Listed on: 12/06/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Parking

  • 14 Parking Spaces

Home Design

  • 11,882 Sq Ft Home
  • Traditional Architecture
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 1

Community Details

Overview

  • 14 Units

Building Details

  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 14 Separate Water Meters
  • Electric Expense $2,199
  • Gardener Expense $1,350
  • Insurance Expense $3,600
  • Other Expense $18,422
  • Pest Control $508
  • Professional Management Expense $8,239
  • Supplies Expense $30
  • Trash Expense $4,314
  • Water Sewer Expense $3,682
  • New Taxes Expense $18,645
  • Gross Income $14,512
  • Net Operating Income $130,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.71
  • Professional Management Expense: 8239.00
  • Supplies Expense: 30.00
  • View: No
  • Water Sewer Expenses: 3682.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1350.00
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 124.56

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 14.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 508.00
  • Trash Expense: 4314.00

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Electric Expense: 2199.00
  • Gross Income: 14512.00
  • Gross Multiplier: 9.73
  • Gross Scheduled Income: 174144.00
  • Insurance Expense: 3600.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 130608.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 14
  • Number Of Units Total: 14
  • Operating Expense: 43536.00
  • Other Expense: 18422.00
  • Other Expense Description: 9145

Tax Info

  • New Taxes Expense: 18645.00
  • Tax Lot: 25
  • Tax Tract Number: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
03/22/2012 03/22/12 Sold $1,480,000 -12.7% $125 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $1,695,000 -- $143 / 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 $25,554 $1,858,955 $753,629 $1,105,326
2024 $25,554 $1,822,505 $738,852 $1,083,653
2023 $25,108 $1,786,770 $724,365 $1,062,405
2022 $23,617 $1,751,736 $710,162 $1,041,574
2021 $23,077 $1,717,389 $696,238 $1,021,151
2019 $22,747 $1,666,452 $675,588 $990,864
2018 $22,009 $1,633,778 $662,342 $971,436
2016 $20,214 $1,570,338 $636,623 $933,715
2015 $19,433 $1,546,751 $627,061 $919,690
2014 $19,355 $1,516,453 $614,778 $901,675
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Susan Doan

    Burton S. Young, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S681583

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90806 Southeast Wrigley

235 E Burnett St, Long Beach, CA

Not Listed for Sale

MultiFamily

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