W
Seller's Agent in 2024
Willliam Hugron
Ashwill Associates
(714) 456-0500
1 in this area
6 Total Sales
3819 E 2nd St Long Beach, CA 90803
Belmont Heights Neighborhood
13
Beds
2
Baths
14,193
Sq Ft
7,475
Sq Ft Lot
Highlights
- Golf Course Community
- Fishing
- Dual Staircase
- Fremont Elementary School Rated A
- Ocean Side of Highway 1
- No HOA
About This Home
As of February 2024For sale, for the first time since originally built in 1969, La Orleans, located at 3819 E. 2nd St. This 4-story multi family property in Long Beach, features 12 extremely large apartments, with a healthy unit mix of one, two, and three bedroom units. This turnkey property boasts a prime location within the well sought after neighborhood of Belmont Heights, walking distance to the beach and all of the boutiques, restaurants and amenities of 2nd St. The building recently underwent major renovations to the exterior of the property and to each of the twelve units, which are all now updated. The property’s oversized units lend themselves well to a potential condo conversion as well. It is elevators served with two stairwells and features covered parking for each of the units. The property owner can also collect extra income from the on-site laundry facility on the ground floor.
The spacious floor plans offer ample living space, while the stylish finishes and ocean and mountain views create an atmosphere of luxury and comfort. Residents will appreciate the remodeled units, private balconies, new flooring, and well-appointed bathrooms, all of which contribute to the overall aesthetic and livability of the property.
Overall, 3819 E. 2nd St. represents an excellent opportunity for investors who want to acquire a well-maintained, updated multifamily property in one of Long Beach’s most desirable neighborhoods. With its prime location, modern upgrades, and excellent rental history, the property is sure to attract high-quality tenants and generate strong returns for years to come. Do not miss out on this rare opportunity to own a piece of Long Beach real estate that truly has it all.
Last Agent to Sell the Property
Ashwill Associates License #00803524 Listed on: 05/16/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 7,476 Sq Ft Lot
- Two or More Common Walls
- Chain Link Fence
- Density is 11-15 Units/Acre
Parking
- 2 Car Garage
- 12 Attached Carport Spaces
- Parking Available
- Single Garage Door
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 13 Bedrooms
- 14,193 Sq Ft Home
- 4-Story Property
- Dual Staircase
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Home Security System
- Security Lights
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Highway 1
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Tax Lot 7256
- Assessor Parcel Number 7256008023
Community Details
Overview
- No Home Owners Association
- 12 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 13 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $8,400
- Gardener Expense $1,200
- Insurance Expense $18,000
- Maintenance Expense $341
- Trash Expense $4,800
- Water Sewer Expense $7,200
- New Taxes Expense $60,000
- Operating Expense $94,590
- Gross Income $449,040
- Net Operating Income $311,243
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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 |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $4,715,000 | -27.5% | $332 / Sq Ft |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- |
| 11/02/2023 11/02/23 | Price Changed | $6,500,000 | +8.4% | $458 / Sq Ft |
| 10/30/2023 10/30/23 | Price Changed | $5,999,000 | 0.0% | $423 / Sq Ft |
| 10/30/2023 10/30/23 | For Sale | $5,999,000 | +27.2% | $423 / Sq Ft |
| 10/16/2023 10/16/23 | Off Market | $4,715,000 | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $6,500,000 | +37.9% | $458 / Sq Ft |
| 09/30/2023 09/30/23 | Off Market | $4,715,000 | -- | -- |
| 08/23/2023 08/23/23 | Price Changed | $6,500,000 | -7.1% | $458 / Sq Ft |
| 06/06/2023 06/06/23 | Price Changed | $7,000,000 | -6.7% | $493 / Sq Ft |
| 05/16/2023 05/16/23 | For Sale | $7,500,000 | -- | $528 / 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 | $11,110 | $4,809,300 | $2,040,000 | $2,769,300 |
| 2024 | $11,110 | $679,728 | $112,461 | $567,267 |
| 2023 | $10,907 | $666,401 | $110,256 | $556,145 |
| 2022 | $10,304 | $653,336 | $108,095 | $545,241 |
| 2021 | $9,991 | $640,526 | $105,976 | $534,550 |
| 2019 | $9,846 | $621,830 | $102,834 | $518,996 |
| 2018 | $9,517 | $609,644 | $100,818 | $508,826 |
| 2016 | $8,677 | $585,684 | $96,904 | $488,780 |
| 2015 | $8,373 | $576,888 | $95,449 | $481,439 |
| 2014 | $8,381 | $565,589 | $93,580 | $472,009 |
Source: Public Records
Agents Affiliated with this Home
-
Willliam Hugron
-
Justin Hugron CCIM
Seller Co-Listing Agent in 2024
Justin Hugron CCIM
Ashwill Associates
(714) 642-7690
1 in this area
5 Total Sales
-
Alex Nelson
A
Buyer's Agent in 2024
Alex Nelson
1st Point Lending Inc.
(310) 365-4046
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23084453
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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