Seller's Agent in 2021
Kristie Pabst
Pabst, Kinney & Associates
(562) 987-3244
27 Total Sales
3809 2nd St Long Beach, CA 90803
Belmont Heights Neighborhood
10
Beds
6
Baths
5,888
Sq Ft
6,749
Sq Ft Lot
Highlights
- No HOA
- Awning
- Front Yard
- Fremont Elementary School Rated A
- Wall Furnace
About This Home
As of March 2021Beautiful Pride of Ownership 6 unit building in Belmont Heights. This Classic Spanish building is comprised of 5,888 square feet of living square footage and on a full lot of 6,749 square feet. The building is comprised of (4) 2bd/1bth units, (2) 1bd/1bth units, and 5 single car garages. The units are large and spacious and all six units have hardwood floors. Small outdoor courtyard between the front and rear structures. The building was made earthquake compliant by bolting the building to the foundation in 2018. The Belmont Heights location is one of the most desirable in all of Southern California. The property is walking distance to the beach, bike path as well as the popular 2nd Street shopping and dining. Upside in the rents without having to do any major capital improvements. Dense rental market with low vacancy and strong income growth. Don't miss this amazing investment opportunity on an excellent location.
Last Agent to Sell the Property
Pabst, Kinney & Associates License #00804122 Listed on: 10/08/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,749 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 5 Car Garage
Home Design
- Property Attached
- Stucco
Interior Spaces
- 5,888 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
- Awning
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 22 / K
- Assessor Parcel Number 7256008022
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $115
- Gardener Expense $2,055
- Insurance Expense $1,860
- Maintenance Expense $5,835
- Professional Management Expense $7,500
- Water Sewer Expense $2,550
- New Taxes Expense $28,120
- Operating Expense $48,590
- Gross Income $12,160
- Net Operating Income $89,423
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2021 03/12/21 | Sold | $2,300,000 | -8.0% | $391 / Sq Ft |
| 12/05/2020 12/05/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $2,499,500 | -- | $425 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $33,023 | $2,489,592 | $1,618,235 | $871,357 |
| 2024 | $31,610 | $2,440,777 | $1,586,505 | $854,272 |
| 2023 | $31,082 | $2,392,920 | $1,555,398 | $837,522 |
| 2022 | $29,165 | $2,346,000 | $1,524,900 | $821,100 |
| 2021 | $12,362 | $937,920 | $468,960 | $468,960 |
| 2020 | $12,329 | $928,304 | $464,152 | $464,152 |
| 2019 | $12,186 | $910,102 | $455,051 | $455,051 |
| 2018 | $11,815 | $892,258 | $446,129 | $446,129 |
| 2016 | $10,849 | $857,612 | $428,806 | $428,806 |
| 2015 | $10,426 | $844,730 | $422,365 | $422,365 |
| 2014 | $10,374 | $828,184 | $414,092 | $414,092 |
Source: Public Records
Agents Affiliated with this Home
-
Kristie Pabst
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20212043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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