NOT LISTED FOR SALE

3249 E 15th St Long Beach, CA 90804

Zaferia Neighborhood
2 Beds
2 Baths
5,768 Sq Ft
6,970 Sq Ft Lot

Last Sold March 12, 2019

Last sale price $2,350,000 $407 Per Sq Ft

236 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of March 2019

3249 East 15th Street, an 8-unit multifamily investment property located in Long Beach, one of the premiere housing markets in Southern California. Situated on a 0.16-acre lot, the 5,768 square foot property consists of two-bedroom floor plans averaging over 720 square feet. Built in 1986, the property offers amenities including gated pedestrian and vehicle access, gated covered parking, private balconies, and on-site laundry.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 05/24/2018

Last Buyer's Agent

Kevin King

Marcus & Millichap License #01158184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Landscaped

Interior Spaces

  • 5,768 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3603
  • Assessor Parcel Number 7259006034

Community Details

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $968
  • Fuel Expense $968
  • Insurance Expense $2,000
  • Maintenance Expense $4,800
  • Other Expense $3,600
  • Professional Management Expense $3,000
  • Trash Expense $968
  • Water Sewer Expense $968
  • New Taxes Expense $29,864
  • Operating Expense $47,134
  • Gross Income $157,700
  • Net Operating Income $105,895

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Professional Management Expense: 3000.00
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 967.50
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7259006034
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 407.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 967.50
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6969.60
  • Lot Size Acres: 0.1600

Multi Family

  • Electric Expense: 967.50
  • Fuel Expense: 967.50
  • Gross Income: 157700.00
  • Gross Operating Income: 153029.00
  • Gross Scheduled Income: 157700.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 0.1600 Acres
  • Maintenance Expense: 4800.00
  • Net Operating Income: 105895.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 47134.00
  • Other Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 12975.00
  • Total Expenses: 47134.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 29864.00
  • Tax Census Tract: 5751.03
  • Tax Lot: 7
  • Tax Tract Number: 3603

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
03/12/2019 03/12/19 Sold $2,350,000 0.0% $407 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
11/27/2018 11/27/18 For Sale $2,350,000 0.0% $407 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $2,350,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Leeson

    Seller's Agent in 2019

    Tyler Leeson

    Marcus & Millichap RE Invest

    (949) 419-3200

    1 in this area

    143 Total Sales

    Tyler Leeson
    Section Image
  • Kevin King

    Buyer's Agent in 2019

    Kevin King

    Marcus & Millichap

    (562) 257-1245

    45 Total Sales

    Kevin King
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18123822

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Zaferia

3249 E 15th St, Long Beach, CA

This home is located at 3249 E 15th St, Long Beach, CA 90804 since 24 May 2018. This property was built in 1986. 3249 E 15th St is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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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