NOT LISTED FOR SALE

322 E 10th St Long Beach, CA 90813

Saint Mary's Neighborhood
7 Beds
5 Baths
4,273 Sq Ft
7,494 Sq Ft Lot

Last Sold January 18, 2018

Last sale price $925,000 $216 Per Sq Ft

11 Days on Market

About This Home

As of January 2018

* Non-Rent Controlled Asset - Located in the Dense Long Beach Rental Market * Walking Distance to Retail Shops, Restaurants, Grocery Stores, and Public Transit * Close Proximity to Long Beach Convention Center, Aquarium of the Pacific, and Downtown Long Beach * Large Three-Bedroom House & Four One-Bedroom Units * Strong Positive Leverage & Cash Flow * Stable In-Place Rents with Legitimate Rental Upside

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 10/23/2017

Last Buyer's Agent

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 10/23/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 7,494 Sq Ft Lot

Interior Spaces

  • 4,273 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Listing and Financial Details

  • Assessor Parcel Number 7273-011-002

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Vacancy Allowance $3,723

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4273
  • Price Per Unit: 185000.00
  • Stories: 2
  • Year Built: 1911
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 216.48

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Driveway
  • Total Parking: 5

Utilities

  • Electric Expense: 382.00
  • Number Electric Meters: 5
  • Number Gas Meters: 2
  • Water Expense: 1700.00
  • Water Heaters: No

Fee Information

  • Gas Expense: 819.00
  • Insurance Expense: 1923.00
  • Maintenance Expense: 1500.00
  • Other Expense: 1000.00
  • Trash Expense: 996.00

Lot Info

  • Assessed Improvement Value: 384331
  • Assessed Land Value: 228194
  • Assessor Parcel Number: 7273-011-002
  • Geocode Override: No
  • Lot Size Area: 7494

Rental Info

  • Total Actual Rent: 74460.00
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.42
  • Number Of Units: 5
  • Rent Control: 0
  • Type Of Units: 3 Bdr, 1 Bdr
  • Vacancy Allow: 3723
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 11563.00
  • Tax Percent: 1.25
  • Tax Total: 11563.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2018 01/18/18 Sold $925,000 0.0% $216 / Sq Ft
10/23/2017 10/23/17 For Sale $925,000 -- $216 / Sq Ft
Source: The MLS

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 $13,919 $1,052,489 $739,587 $312,902
2024 $13,919 $1,031,853 $725,086 $306,767
2023 $13,682 $1,011,621 $710,869 $300,752
2022 $12,856 $991,786 $696,931 $294,855
2021 $12,585 $972,340 $683,266 $289,074
2020 $12,551 $962,370 $676,260 $286,110
2019 $12,406 $943,500 $663,000 $280,500
2018 $8,395 $624,774 $232,757 $392,017
2016 $7,714 $600,516 $223,720 $376,796
2015 $7,415 $591,497 $220,360 $371,137
2014 $7,385 $579,911 $216,044 $363,867
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam

    Seller's Agent in 2018

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    79 Total Sales

    Jonathan Nikfarjam
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Map

Source: The MLS

MLS Number: 17-283058

The MLS
California Los Angeles County Long Beach 90813 Saint Mary's

322 E 10th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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