NOT LISTED FOR SALE
11 Beds
6 Baths
4,608 Sq Ft
4,398 Sq Ft Lot

Sale Details

Date Sold: January 22, 2020

Last sale price $1,500,000 $326 Per Sq Ft

14 Days on Market

Highlights

  • 4,398 Sq Ft lot
  • 3 Car Garage
  • 1-Story Property
  • Long Beach Polytechnic High School Rated A

About This Home

As of January 2020

5 spacious apartment units, just blocks from the sand in the Alamitos Beach area of Long Beach! The subject property has a fantastic unit mix of four (4) 2-Bed / 1-Bath and one (1) 3-Bed / 1.75-Bath. Being one of the areas major employment hubs in Los Angeles County, the city of Long Beach is a solid infill location known for it's high occupancy, stable rent growth, and strong tenant base; positioned to remain an excellent multi-family housing market for years to come.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 10/08/2019

Last Buyer's Agent

Anthony Walker

License #01908153

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,398 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 4,608 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 7275-002-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

4,398 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4608
  • Stories: 1
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 325.52

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 143629
  • Assessed Land Value: 30185
  • Assessor Parcel Number: 7275-002-013
  • Geocode Override: No
  • Lot Size Area: 4398

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 5
  • Type Of Units: Multi-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 23, 2019
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Anthony Walker
List Price
$1,500,000
Sold Price
$1,500,000

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 11, 2019
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Anthony Walker
List Price
$1,500,000
Sold Price
$1,500,000

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 10, 2019
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Anthony Walker
List Price
$1,500,000
Sold Price
$1,500,000

Purchase Details

Closed on
Nov 6, 2019
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,000,000
Closed $1,025,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $1,500,000 0.0% $326 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $1,500,000 -- $326 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,980 $1,640,466 $656,186 $984,280
2024 $21,019 $1,608,301 $643,320 $964,981
2023 $20,665 $1,576,766 $630,706 $946,060
2022 $19,396 $1,545,850 $618,340 $927,510
2021 $19,003 $1,515,540 $606,216 $909,324
2020 $3,161 $184,450 $32,031 $152,419
2019 $3,126 $180,834 $31,403 $149,431
2018 $2,984 $177,289 $30,788 $146,501
2016 $2,727 $170,407 $29,594 $140,813
2015 $2,636 $167,848 $29,150 $138,698
2014 $2,647 $164,561 $28,579 $135,982
Source: Public Records

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Map

Source: The MLS

MLS Number: 19-518814

The MLS
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