NOT LISTED FOR SALE

405 Ocean Beach Blvd N Long Beach, WA 98631

6 Beds
8 Baths
-- Sq Ft
0.55 Acres

Last Sold September 22, 2020

Last sale price $500,000

134 Days on Market

About This Home

As of September 2020

Excellent cash flowing multi-family investment opportunity! Enjoy a fully leased property with a mix of five studios and three 2 bedroom apartments. A short walk to the beach, the Arcadia Inn is well known in this vibrant NW beach community comfortable place to live.

Last Agent to Sell the Property

Scott Dickinson

Premiere Property Group, LLC License #125610 Listed on: 01/13/2020

Premiere Property Group, LLC

Last Buyer's Agent

Sherri Adams

Char Taylor Real Estate LLC License #12001

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.55

Home Design

  • Slab Foundation

Additional Features

  • 2-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1940
  • Property Condition: Approximately
  • Remarks Public: Excellent cash flowing multi-family investment opportunity! Enjoy a fully leased property with a mix of five studios and three 2 bedroom apartments. A short walk to the beach, the Arcadia Inn is well known in this vibrant NW beach community comfortable place to live.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SEA TIDES II, Lot 2, Block 5

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

  • Middle School: Ilwaco

Lot Info

  • Lot Description: Level
  • Zoning: Com SF

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2651.11
  • Assessor Parcel Number: 73025005002
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 8.32

MLS Schools

  • Middle School: Ilwaco

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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 Change Sq Ft Price
09/22/2020 09/22/20 Sold $500,000 -13.0% --
05/26/2020 05/26/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $575,000 0.0% --
05/18/2020 05/18/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $575,000 -4.2% --
04/01/2020 04/01/20 Price Changed $599,950 -3.1% --
02/25/2020 02/25/20 Price Changed $619,000 -4.8% --
01/13/2020 01/13/20 For Sale $650,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20612013

Regional Multiple Listing Service (RMLS)