NOT LISTED FOR SALE

359 E Esther St Long Beach, CA 90813

Central Neighborhood
3 Beds
3 Baths
4,420 Sq Ft
6,752 Sq Ft Lot

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

0

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

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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gregory Lucido

    Eastside Realty Services Inc.

  • S

    Buyer's Agent in 2019

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1231

    2 in this area

    89 Total Sales

    Steve Bogoyevac
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19029056

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90813 Central

359 E Esther St, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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