Seller's Agent in 2022
Brandon Owens
The Real Estate Group
(562) 477-3223
1 in this area
12 Total Sales
245 E Market St Long Beach, CA 90805
Dairy Neighborhood
4
Beds
2
Baths
3,844
Sq Ft
5,754
Sq Ft Lot
Highlights
- Wood Flooring
- Balcony
- Accessible Parking
- No HOA
- Laundry Room
- 3-minute walk to Grace Park
About This Home
As of September 2022Back on Market. Very well taken care of 5 - 2 Bedroom/1Bathroom Unit Apartment Building For Sale in one of the most desirable cities in Southern California. Long Beach has its own university, plenty of amazing parks, tons of amazing eateries including the new LBX, and is always upgrading as a city which is also centrally located to multiple airports, beaches, down town areas for great a day and night life. Apartment building is turn key fully occupied with long term tenants. 4 of the units are on the 2nd level and one unit is on lower level. The 4 upper units all have hardwood flooring and the 1 lower unit has ceramic tile with all units having ceiling fans. All upper units have private balconies. There are 8 parking spaces available and also security camera system surrounding the property. All units have individual door bells. With low inventory this is a great time to own a piece (5 doors) of Long Beach. All plumbing and electrical in good condition. There is a room that is currently being used as storage that can be used as laundry room if desired. PROPERTY SOLD AS-IS PLEASE NO PREDATORY BUYERS.
Last Agent to Sell the Property
The Real Estate Group License #01704264 Listed on: 06/25/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 5,754 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Parking
- 8 Car Garage
Home Design
- Apartment
- Shingle Roof
Interior Spaces
- 3,844 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
- Private Water Source
Additional Features
- Accessible Parking
- Balcony
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 1224 / 1224
- Tax Tract Number 5134
- Assessor Parcel Number 7126034026
Community Details
Overview
- No Home Owners Association
- 5 Units
- North Long Beach Subdivision
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $755
- Insurance Expense $2,008
- Maintenance Expense $4,000
- Other Expense $225
- Water Sewer Expense $2,123
- Security Expense $1,183
- Operating Expense $10,294
- Gross Income $69,000
- Net Operating Income $58,707
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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 |
|---|---|---|---|---|
| 09/23/2022 09/23/22 | Sold | $1,025,000 | -21.2% | $267 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 08/11/2022 08/11/22 | For Sale | $1,300,000 | 0.0% | $338 / Sq Ft |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- |
| 06/25/2022 06/25/22 | For Sale | $1,300,000 | -- | $338 / 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 | $14,032 | $1,066,410 | $338,130 | $728,280 |
| 2024 | $14,032 | $1,045,500 | $331,500 | $714,000 |
| 2023 | $13,793 | $1,025,000 | $325,000 | $700,000 |
| 2022 | $4,019 | $253,213 | $59,845 | $193,368 |
| 2021 | $3,908 | $248,249 | $58,672 | $189,577 |
| 2019 | $3,853 | $240,888 | $56,933 | $183,955 |
| 2018 | $3,663 | $236,166 | $55,817 | $180,349 |
| 2016 | $3,360 | $226,997 | $53,650 | $173,347 |
| 2015 | $3,242 | $223,589 | $52,845 | $170,744 |
| 2014 | $3,249 | $219,210 | $51,810 | $167,400 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Owens
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
The Real Estate Group
(646) 541-2551
1 in this area
6,272 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS22139034
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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