NOT LISTED FOR SALE
4 Beds
2 Baths
3,520 Sq Ft
3,927 Sq Ft Lot

Last Sold May 06, 2015

Last sale price $770,000 $219 Per Sq Ft

14 Days on Market

About This Home

As of May 2015

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Welcome to your dream 2-bedroom, 1-bathroom unit in Long Beach, where convenience meets style. This stunning home offers an array of features and is perfectly situated within walking distance to stores, restaurants, and more!

Step into a beautifully designed space adorned with tile throughout, creating a sleek and contemporary atmosphere. The unit boasts a stove/cooktop and a stainless steel refrigerator, stove/cooktop making cooking and entertaining a breeze.

Forget long commutes and enjoy the ease of having everything within reach. Just outside the building, you'll find a convenient laundromat that takes the hassle out of laundry day. Plus, indulge in the vibrant nearby shopping scene, explore a variety of stores, and savor delectable meals at nearby restaurants—all just a short walk away.

This 2-bedroom, 1-bathroom unit offers the perfect blend of comfort and convenience in the heart of Long Beach. Live in style, surrounded by modern amenities and the allure of city living. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Nina Mai

Mai Realty Inc. License #01862630 Listed on: 03/25/2015

Co-Listed By

Ann Mai

RedTree Realty Inc License #01272757

Last Buyer's Agent

Michael Jefferson

Compass License #01898616

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 3,927 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, repairs
  • Tax Lot 7
  • Tax Tract Number 5723
  • Assessor Parcel Number 7312001053

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $800
  • Maintenance Expense $1,200
  • Pest Control $528
  • Trash Expense $840
  • Water Sewer Expense $960
  • New Taxes Expense $8,400
  • Gross Income $6,150
  • Net Operating Income $70,872

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 7312001053
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 218.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Convection Oven, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Pest Control Expense: 528.00
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3927.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Repairs

Multi Family

  • Average2 Bed Area: 587
  • Electric Expense: 600.00
  • Gross Income: 6150.00
  • Gross Scheduled Income: 73800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 3927.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 70872.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 244.00
  • Rent Control: No
  • Total Actual Rent: 5850.00

Tax Info

  • New Taxes Expense: 8400.00
  • Tax Lot: 7
  • Tax Tract Number: 5723
  • Tax Year: 2012

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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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 List to Sale Price per Sq Ft
06/10/2024 06/10/24 For Rent $1,466 0.0% --
02/23/2024 02/23/24 For Rent $1,466 0.0% --
05/06/2015 05/06/15 Sold $770,000 -2.3% $219 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $788,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $12,122 $925,416 $540,827 $384,589
2024 $12,122 $907,272 $530,223 $377,049
2023 $11,916 $889,483 $519,827 $369,656
2022 $11,192 $872,043 $509,635 $362,408
2021 $10,958 $854,945 $499,643 $355,302
2020 $10,929 $846,179 $494,520 $351,659
2019 $10,801 $829,588 $484,824 $344,764
2018 $10,498 $813,322 $475,318 $338,004
2017 $10,387 $797,376 $465,999 $331,377
2016 $9,651 $781,742 $456,862 $324,880
2015 $7,716 $632,088 $173,967 $458,121
2014 $7,688 $619,708 $170,560 $449,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15062399

California Regional Multiple Listing Service (CRMLS)