NOT LISTED FOR SALE
2 Beds
2 Baths
7,148 Sq Ft
6,098 Sq Ft Lot

Last Sold August 16, 2022

Last sale price $2,680,000 $375 Per Sq Ft

8 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Level Lot

About This Home

As of August 2022

3910 East 11th Street is an 8-unit multifamily investment property located in Long Beach, a premier rental market in Los Angeles County, California. Built in 1987, 3910 East 11th Street offers exclusively two-bedroom floor plans and amenities including gated access, on-site laundry, vinyl flooring, granite countertops (select units), private balconies, and a parking garage. 3910 East 11th Street is situated in a desirable Eastside location, providing residents with convenient access to a plethora of dining, entertainment, and retail options.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 06/08/2022

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 06/08/2022

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1987

Lot Details

  • 6,098 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 11 Car Garage

Interior Spaces

  • 7,148 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Tax Tract Number 2
  • Assessor Parcel Number 7254010002
  • $1,479 per year additional tax assessments

Community Details

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,070
  • Fuel Expense $1,067
  • Insurance Expense $2,800
  • Maintenance Expense $4,800
  • Other Expense $10,679
  • Trash Expense $1,067
  • Water Sewer Expense $1,067
  • New Taxes Expense $33,350
  • Operating Expense $55,900
  • Gross Income $172,920
  • Net Operating Income $111,868

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1987

Lot Details

0

Parking

11

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1067.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7254010002
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 374.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1067.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6098.40
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 1070.00
  • Fuel Expense: 1067.00
  • Gross Income: 172920.00
  • Gross Operating Income: 167768.00
  • Gross Scheduled Income: 171720.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 0.1400 Acres
  • Maintenance Expense: 4800.00
  • Net Operating Income: 111868.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 55900.00
  • Other Expense: 10679.00
  • Other Expense Description: Misc
  • Other Income1: 1200.00
  • Other Income Description: Miscellaneous
  • Rent Control: Yes
  • Total Actual Rent: 14310.00
  • Total Expenses: 55900.00

Tax Info

  • New Taxes Expense: 33350.00
  • Tax Block: 1
  • Tax Census Tract: 5770.00
  • Tax Lot: 2
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 1479.00
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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 Prior Sale
08/16/2022 08/16/22 Sold $2,680,000 -4.3% $375 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $2,800,000 +12.0% $392 / Sq Ft
09/01/2017 09/01/17 Sold $2,500,000 -3.0% $350 / Sq Ft View Prior Sale
08/18/2017 08/18/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $2,576,000 +3.0% $360 / Sq Ft
08/14/2017 08/14/17 Off Market $2,500,000 -- --
07/03/2017 07/03/17 For Sale $2,576,000 +3.0% $360 / Sq Ft
06/30/2017 06/30/17 Off Market $2,500,000 -- --
02/17/2017 02/17/17 For Sale $2,576,000 -- $360 / 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 $35,577 $2,788,272 $1,747,872 $1,040,400
2024 $35,577 $2,733,600 $1,713,600 $1,020,000
2023 $34,978 $2,680,000 $1,680,000 $1,000,000
2022 $33,454 $2,680,503 $1,876,353 $804,150
2021 $32,784 $2,627,945 $1,839,562 $788,383
2020 $32,698 $2,601,300 $1,820,700 $780,600
2019 $32,314 $2,550,300 $1,785,000 $765,300
2018 $31,506 $2,500,300 $1,750,000 $750,300
2016 $14,406 $1,143,093 $511,400 $631,693
2015 $13,841 $1,125,924 $503,719 $622,205
2014 $13,771 $1,103,869 $493,852 $610,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22123336

California Regional Multiple Listing Service (CRMLS)