NOT LISTED FOR SALE
3 Beds
3 Baths
4,420 Sq Ft
6,752 Sq Ft

Last Sold March 01, 2019

Last sale price $1,000,000 $226 Per Sq Ft

1 Day on Market

Highlights

  • Laundry Room
  • 3-minute walk to Pacific Coast Highway Station
  • Front Yard
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace

About This Home

As of March 2019

Great potential just a block to the light rail mass transit. Close to downtown shopping areas and not that far from beach. Property sold as-is, needs work. Long term tenant with low rents. All units need remodeling. Separate meters , owners pays water and hot water. Drive by only, please do not disturb tenants. Listing agent is general partner and one of the sellers

Last Agent to Sell the Property

Gregory Lucido

Eastside Realty Services Inc. License #00512665 Listed on: 02/06/2019

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,752 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 4,420 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 1
  • Assessor Parcel Number 7269020022

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Electric Expense $594
  • Gardener Expense $420
  • Insurance Expense $4,690
  • Maintenance Expense $2,108
  • Other Expense $61
  • Water Sewer Expense $5,250
  • New Taxes Expense $150,000
  • Operating Expense $17,439
  • Net Operating Income $37,781

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 5250.00
  • Zoning: LBPD29
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 7269020022
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 226.24

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 594.00
  • Gross Scheduled Income: 55220.00
  • Insurance Expense: 4690.00
  • Lot Size Area: 6752.0000 Square Feet
  • Maintenance Expense: 2108.00
  • Net Operating Income: 37781.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Total: 7
  • Operating Expense: 17439.00
  • Other Expense: 61.00
  • Other Expense Description: legal
  • Rent Control: No
  • Total Expenses: 17439.00

Tax Info

  • New Taxes Expense: 150000.00
  • Tax Census Tract: 5753.00
  • Tax Lot: 19
  • Tax Tract Number: 1
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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
03/01/2019 03/01/19 Sold $1,000,000 -4.8% $226 / Sq Ft
02/06/2019 02/06/19 For Sale $1,050,000 -- $238 / 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 $14,945 $1,115,514 $669,309 $446,205
2024 $14,945 $1,093,642 $656,186 $437,456
2023 $14,685 $1,072,199 $643,320 $428,879
2022 $13,801 $1,051,176 $630,706 $420,470
2021 $13,505 $1,030,566 $618,340 $412,226
2019 $4,343 $259,268 $68,254 $191,014
2018 $4,133 $254,195 $66,916 $187,279
2016 $3,798 $243,826 $64,318 $179,508
2015 $3,668 $240,164 $63,352 $176,812
2014 $3,683 $235,461 $62,112 $173,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19029056

California Regional Multiple Listing Service (CRMLS)
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