NOT LISTED FOR SALE

3128 Gale Ave Long Beach, CA 90810

Upper Westside Neighborhood

Estimated Value: $840,000 - $948,000

7 Beds
4 Baths
2,104 Sq Ft
$430/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2020

Last sale price $700,000 $333 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,879 / mo

10 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Direct Access Garage
  • Tile Flooring
  • No HOA
  • Park
  • Level Lot

About This Home

As of September 2020

Welcome to 3128 Gale Ave. This property is a legal duplex with a non-conforming 3rd unit. Located just a short 5-minute drive from the employment center of Downtown Long Beach and direct access to the 710 Freeway, the surrounding rental market is strong. The large, main front house boasts 3 bedrooms and 2 bathrooms, while the two rear units are each 2 bedrooms, 1 bathroom. Situated on a large lot, there is plenty of space for parking and additional storage. This opportunity not only makes sense for seasoned investors but is the perfect scenario for owner-users as well.

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. License #01417642 Listed on: 06/22/2020

Co-Listed By

Caleb Baldwin

MJ Financial Services Inc License #02056751

Last Buyer's Agent

Ryder Cotton

eXp Realty of California Inc License #02038044

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,752 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Direct Access Garage
  • 3 Open Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Tandem Uncovered Parking
  • Single Garage Door
  • Driveway Level
  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Additions or Alterations
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Laundry Located Outside

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 305
  • Tax Tract Number 5723
  • Assessor Parcel Number 7312021009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Westside/North Of Willow Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $600
  • Other Expense $923
  • Water Sewer Expense $2,220
  • New Taxes Expense $8,438
  • Operating Expense $14,580
  • Gross Income $48,600
  • Net Operating Income $34,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,752 Sq Ft Lot

Parking

1

Listing Details

  • CapRate: 5.04
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Westside/North of Willow (WNW)
  • View: No
  • Water Sewer Expenses: 2220.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7312021009
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 332.70

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Direct Garage Access, Driveway, Paved, Driveway Level, Garage - Single Door, Off Street, Tandem Uncovered
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street, Level
  • Lot Size: 135 x 50 ft
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 48600.00
  • Gross Multiplier: 13.89
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6752.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 34020.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 14580.00
  • Operating Expense Percent: 30.00
  • Other Expense: 922.50
  • Other Expense Description: Misc.
  • Rent Control: Yes
  • Total Actual Rent: 4050.00
  • Total Expenses: 14580.00

Tax Info

  • New Taxes Expense: 8437.50
  • Tax Area: 5501
  • Tax Census Tract: 5723.02
  • Tax Lot: 305
  • Tax Tract Number: 5723.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Upper Westside, CA

  • Angelito Roxas Real Estate Agent - Re/Max Champions

    Angelito Roxas

    Re/Max Champions

    (866) 961-6420

    49 Total Sales

    1 in Upper Westside

    $665,000 Price

    Angelito Roxas
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  • Bob Stallings Real Estate Agent - Re/Max R. E. Specialists

    Bob Stallings

    Re/Max R. E. Specialists

    (562) 784-5682

    26 Total Sales

    1 in Upper Westside

    $690,000 Price

    Bob Stallings
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  • Bill Caiazzo Real Estate Agent - HomeSmart, Evergreen Realty

    Bill Caiazzo

    Responds Quickly

    HomeSmart, Evergreen Realty

    (657) 255-8637

    111 Total Sales

    6 in Upper Westside

    $595K - $770K Price Range

    Bill Caiazzo
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  • David Landeros Real Estate Agent - West Associates

    David Landeros

    West Associates

    (424) 414-6547

    14 Total Sales

    1 in Upper Westside

    $705,000 Price

    David Landeros
     Section Image
  • Kimiah Wyer Real Estate Agent - Keller Williams Realty

    Kimiah Wyer

    Keller Williams Realty

    (562) 247-4034

    47 Total Sales

    2 in Upper Westside

    $850,000 Price Range

    Kimiah Wyer
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  • Frederick Espino Real Estate Agent - SoCal Realty Group

    Frederick Espino

    SoCal Realty Group

    (657) 567-4312

    9 Total Sales

    1 in Upper Westside

    $720,000 Price

    Frederick Espino
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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
09/22/2020 09/22/20 Sold $700,000 +3.7% $333 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $675,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

  • Juan Huizar Real Estate Agent - Sage Real Estate Group, Inc.

    Seller's Agent in 2020

    Juan Huizar

    Sage Real Estate Group, Inc.

    (562) 725-9009

    106 Total Sales

    Juan Huizar
    Section Image
  • Caleb Baldwin Real Estate Agent - MJ Financial Services Inc

    Seller Co-Listing Agent in 2020

    Caleb Baldwin

    MJ Financial Services Inc

    (562) 572-4978

    43 Total Sales

    Caleb Baldwin
    Section Image

  • R

    Buyer's Agent in 2020

    Ryder Cotton

    eXp Realty of California Inc

  • C

    Buyer Co-Listing Agent in 2020

    Cheryl Cotton

    Y Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20121165

California Regional Multiple Listing Service (CRMLS)

APN: 7312-021-009

California Los Angeles County Long Beach 90810 Upper Westside

3128 Gale Ave, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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