Seller's Agent in 2018
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
207 Total Sales
3337 E 15th St Long Beach, CA 90804
Zaferia Neighborhood
6
Beds
6
Baths
3,284
Sq Ft
1960
Built
About This Home
As of August 20183333-3337 E. 15th St., a 6-unit property located in Long Beach. Built on a 6,778 SF lot, the property consists of (1) 1-bed/1-bath HOUSE, and (5) 1-bed/1-bath units. Well maintained and landscaped, the property is equipped with 4 garages, and a total of 8 parking spaces. New copper piping and in very clean condition, this property has plenty of upside in market rents, and a very achievable CAP of 6.54% and 11 GRM. With 25% of rental upside, this Value-Add Property is located in the highly desirable Circle area of Long Beach, with college students and commuters all paying top dollar for rentals.
Back house rents at a premium as it has it's own driveway and garage.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 03/26/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 6,778 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Property Attached
Interior Spaces
- 3,284 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 3603
- Assessor Parcel Number 7259006038
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,050
- Fuel Expense $1,050
- Insurance Expense $945
- Professional Management Expense $3,840
- Trash Expense $2,304
- Water Sewer Expense $2,100
- New Taxes Expense $15,000
- Operating Expense $26,289
- Gross Income $80,316
- Net Operating Income $54,455
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | $1,253,500 | +0.3% | $382 / Sq Ft |
| 07/11/2018 07/11/18 | Pending | -- | -- | -- |
| 07/05/2018 07/05/18 | For Sale | $1,250,000 | 0.0% | $381 / Sq Ft |
| 05/24/2018 05/24/18 | Pending | -- | -- | -- |
| 04/12/2018 04/12/18 | For Sale | $1,250,000 | 0.0% | $381 / Sq Ft |
| 03/30/2018 03/30/18 | Pending | -- | -- | -- |
| 03/26/2018 03/26/18 | For Sale | $1,250,000 | -- | $381 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,155 | $1,398,298 | $836,637 | $561,661 |
| 2024 | $18,155 | $1,370,882 | $820,233 | $550,649 |
| 2023 | $17,844 | $1,344,002 | $804,150 | $539,852 |
| 2022 | $16,753 | $1,317,650 | $788,383 | $529,267 |
| 2021 | $16,414 | $1,291,815 | $772,925 | $518,890 |
| 2020 | $16,372 | $1,278,970 | $765,000 | $513,970 |
| 2019 | $16,180 | $1,253,900 | $750,000 | $503,900 |
| 2018 | $12,374 | $950,955 | $520,206 | $430,749 |
| 2016 | $11,391 | $913,645 | $500,006 | $413,639 |
| 2015 | $10,941 | $899,922 | $492,496 | $407,426 |
| 2014 | $10,884 | $882,295 | $482,849 | $399,446 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Samimi
-
Wade Tettenburn
W
Buyer's Agent in 2018
Wade Tettenburn
Palazzo Realty Inc.
(562) 400-0091
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18068739
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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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