NOT LISTED FOR SALE

333 W 4th St Unit 3,14,15,16,19,22 Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $3,135,000

5 Beds
6 Baths
16,870 Sq Ft
0.26 Acres

Last Sold August 11, 2017

Last sale price $715,000 $42 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $19,625/month

12 Days on Market

Highlights

  • 11,237 Sq Ft lot
  • 3-minute walk to Pacific Station
  • Laundry Room
  • Neighborhood Views

About This Home

As of August 2017

BUNDLE OF 6 UNITS (Own-your-Own) FOR SALE. (24 units total in building). Great investor opportunity. Highly demanded rental area. All units occupied. Two blocks from Pine Ave, close to the beach, restaurants, Long Beach Convention Center and Shoreline.

Last Agent to Sell the Property

Mike Dunfee

Engel & Völkers Long Beach License #01191497 Listed on: 04/10/2017

Engel & Völkers Long Beach

Last Buyer's Agent

Ron Tanzman

Rodeo Realty License #01292685

Rodeo Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1919

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 16,870 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 7280011016

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Insurance Expense $600
  • New Taxes Expense $9,063
  • Operating Expense $9,663
  • Net Operating Income $10,040

Property Details

Home Type

Condominium

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBR4N
  • Property Sub Type: Own Your Own
  • Property Type: Residential Income
  • Parcel Number: 7280011016
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 42.38

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11237.00

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Gross Scheduled Income: 66840.00
  • Insurance Expense: 600.00
  • Net Operating Income: 10040.00
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 10040.00
  • Rent Control: No
  • Total Expenses: 9662.50
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 9062.50
  • Tax Census Tract: 5759.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2012
Sold by
Gibbs Lee A
Bought by
Gibbs Lee A
Current Estimated Value
$3,135,000

Purchase Details

Closed on
Aug 17, 2011
Sold by
Gibbs Katherine A
Bought by
Gibbs Lee A and Katherine A Gibbs Revocable Family Trust

Purchase Details

Closed on
Jun 14, 2006
Sold by
Campbell Marjorie S
Bought by
Jacobson Lissa E

Purchase Details

Closed on
May 9, 1994
Sold by
Myers Julian W
Bought by
Myers Julian W and Myers Marion B
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gibbs Lee A -- None Available
Gibbs Lee A -- None Available
Jacobson Lissa E -- None Available
Myers Julian W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $715,000 -1.4% $42 / Sq Ft
08/02/2017 08/02/17 For Sale $725,000 0.0% $43 / Sq Ft
06/23/2017 06/23/17 For Sale $725,000 0.0% $43 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $725,000 -- $43 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Dunfee

    Engel & Völkers Long Beach

    Section Image
  • Ron Tanzman

    Buyer's Agent in 2017

    Ron Tanzman

    Rodeo Realty

    (818) 880-9100

    11 in this area

    37 Total Sales

    Ron Tanzman
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17072099

California Regional Multiple Listing Service (CRMLS)

APN: 7280-011-016

California Los Angeles County Long Beach 90802 West Village

333 W 4th St Unit 3,14,15,16,19,22, Long Beach, CA

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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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