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

Sale Details

Date Sold: August 16, 2022

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

8 Days on Market

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 in unit

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

6,098 Sq Ft Lot

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

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 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

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 $37,195 $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)
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