Seller's Agent in 2024
Mark Kachigan
Pabst, Kinney & Associates
(562) 225-4848
5 in this area
34 Total Sales
2449 E 5th St Long Beach, CA 90814
Bluff Heights Neighborhood
3
Beds
2
Baths
6,834
Sq Ft
6,508
Sq Ft Lot
Highlights
- Property is near public transit
- Modern Architecture
- Laundry Room
- Woodrow Wilson High School Rated A
- No HOA
- Bike Trail
About This Home
As of September 2024Prime Eastside, all electric apt bldg. 11 units with 2-(2 Br), 9-(1 Br), 6-(Garages). First time for sale in 40+ years. Part of a portfolio can be purchased separately or together with other buildings this owner owns. Rents are low creating an add-on value. Close to 4th St. Retro-row in a low vacancy rental area. Located in Rose Park South historic district (see supplements)
Last Agent to Sell the Property
Pabst, Kinney & Associates Brokerage Phone: 562-225-4848 License #00644779 Listed on: 05/29/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 6,507 Sq Ft Lot
- Lot Dimensions are 50 x 131
- Two or More Common Walls
- South Facing Home
- Rectangular Lot
- Level Lot
Parking
- 6 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
Home Design
- Modern Architecture
- Apartment
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Slab Foundation
- Composition Roof
Interior Spaces
- 6,834 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Electric Dryer Hookup
Additional Features
- Property is near public transit
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 7
- Assessor Parcel Number 7263021029
- $1,961 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 11 Units
- Eastside Subdivision
Amenities
- Laundry Facilities
Recreation
- Dog Park
- Bike Trail
Building Details
- Rent Control
- 12 Separate Electric Meters
- 1 Separate Water Meter
- Gardener Expense $1,500
- Insurance Expense $4,720
- Other Expense $10,021
- Pest Control $517
- Supplies Expense $4,595
- Operating Expense $65,100
- Gross Income $186,000
- Net Operating Income $119,925
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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 |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $2,450,000 | -5.8% | $359 / Sq Ft |
| 07/30/2024 07/30/24 | Price Changed | $2,600,000 | -5.5% | $380 / Sq Ft |
| 05/29/2024 05/29/24 | For Sale | $2,750,000 | -- | $402 / 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 | $11,850 | $2,450,000 | $1,470,000 | $980,000 |
| 2024 | $11,850 | $790,130 | $180,758 | $609,372 |
| 2023 | $11,630 | $774,638 | $177,214 | $597,424 |
| 2022 | $10,953 | $759,450 | $173,740 | $585,710 |
| 2021 | $10,680 | $744,560 | $170,334 | $574,226 |
| 2020 | $10,651 | $739,327 | $168,588 | $570,739 |
| 2019 | $10,527 | $724,879 | $165,283 | $559,596 |
| 2018 | $10,201 | $710,714 | $162,043 | $548,671 |
| 2016 | $9,379 | $680,810 | $155,751 | $525,059 |
| 2015 | $9,030 | $670,585 | $153,412 | $517,173 |
| 2014 | $9,023 | $657,450 | $150,407 | $507,043 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Kachigan
-
Spencer Pabst
Buyer's Agent in 2024
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
1 in this area
49 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24107791
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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