C
Seller's Agent in 2016
Chuck Brewer
HomeSmart Realty Group
2465 Pasadena Ave Long Beach, CA 90806
Sunrise Neighborhood
2
Beds
10
Baths
3,680
Sq Ft
6,092
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Long Beach Polytechnic High School Rated A
About This Home
As of November 2016Recently reduced. Don't miss this opportunity! NO RENT CONTROL INVESTOR'S DELIGHT/RENTS BELOW MARKET VALUE UPSIDE OPPORTUNITY
This 10 unit complex with Courtyard style building provides a strong income base for the owner. While this property is cosmetically attractive and convenient to tenants for schools, shopping, and public transportation, it also has an upside for future rent increases. Estimated market value potential increase to $106,200 GSI.
The property is well gated at both ends and the courtyard provides each unit sunlight.
The seller leased Washer/Dryer in Laundry Room provides a steady income. Each unit is separately electric metered and master metered gas.
Last Agent to Sell the Property
Chuck Brewer
HomeSmart Realty Group License #01939550 Listed on: 08/11/2016
Co-Listed By
Pete Tryce
Keller Williams Realty License #01329992
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,092 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,680 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 10 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 2268
- Assessor Parcel Number 7208009010
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $871
- Fuel Expense $1,000
- Insurance Expense $1,767
- Maintenance Expense $7,000
- Professional Management Expense $1,200
- Trash Expense $1,000
- Water Sewer Expense $3,000
- New Taxes Expense $15,000
- Operating Expense $31,236
- Gross Income $8,300
- Net Operating Income $68,364
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2016 11/21/16 | Sold | $1,170,000 | -2.4% | $318 / Sq Ft |
| 09/12/2016 09/12/16 | Price Changed | $1,199,000 | -3.7% | $326 / Sq Ft |
| 08/11/2016 08/11/16 | For Sale | $1,245,000 | 0.0% | $338 / Sq Ft |
| 07/29/2016 07/29/16 | Pending | -- | -- | -- |
| 07/22/2016 07/22/16 | For Sale | $1,245,000 | -0.4% | $338 / Sq Ft |
| 07/06/2016 07/06/16 | Pending | -- | -- | -- |
| 04/22/2016 04/22/16 | For Sale | $1,250,000 | -- | $340 / 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 | $18,187 | $1,357,880 | $464,232 | $893,648 |
| 2024 | $18,187 | $1,331,256 | $455,130 | $876,126 |
| 2023 | $17,863 | $1,305,154 | $446,206 | $858,948 |
| 2022 | $16,781 | $1,279,563 | $437,457 | $842,106 |
| 2021 | $16,425 | $1,254,475 | $428,880 | $825,595 |
| 2019 | $16,189 | $1,217,268 | $416,160 | $801,108 |
| 2018 | $15,738 | $1,193,400 | $408,000 | $785,400 |
| 2016 | $9,746 | $735,646 | $339,529 | $396,117 |
| 2015 | $9,374 | $724,596 | $334,429 | $390,167 |
| 2014 | $9,355 | $710,403 | $327,878 | $382,525 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Seller Co-Listing Agent in 2016
Pete Tryce
Keller Williams Realty
-
Anthony Walker
Buyer's Agent in 2016
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
89 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16084359
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
Nearby Homes
- 2366 Linden Ave
- 2310 Elm Ave
- 211 1/2 E Eagle St
- 2320 Locust Ave
- 701 E Willow St
- 2553 Pine Ave
- 2285 Earl Ave
- 2369 Pacific Ave
- 1000 E Burnett St
- 2123 Atlantic Ave
- 410 E 21st St
- 319 W 23rd St
- 2533 Eucalyptus Ave
- 2175 Chestnut Ave
- 1030 E 21st St
- 2451 Daisy Ave
- 2015 Cedar Ave
- 302 E 19th St Unit 7
- 107 W Spring St Unit C
- 1868 Locust Ave
- 2455 Pasadena Ave
- 2473 Pasadena Ave
- 2451 Pasadena Ave Unit C
- 2483 Pasadena Ave
- 2466 Elm Ave
- 2474 Elm Ave
- 2458 Elm Ave
- 2445 Pasadena Ave
- 2491 Pasadena Ave
- 426 E 25th St
- 2448 Elm Ave
- 2482 Elm Ave
- 418 E 25th St
- 2464 Pasadena Ave Unit B
- 2437 Pasadena Ave
- 2470 Pasadena Ave
- 2460 Pasadena Ave
- 2440 Elm Ave
- 2480 Pasadena Ave
- 2454 Pasadena Ave
Your Personal Tour Guide
Ask me questions while you tour the home.