NOT LISTED FOR SALE
8 Beds
7 Baths
4,532 Sq Ft
4,053 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $1,600,000 $353 Per Sq Ft

Highlights

  • Property is near a park
  • Neighborhood Views
  • Living Room
  • Fremont Elementary School Rated A
  • Galley Kitchen
  • Laundry Room

About This Home

As of May 2023

Eastside Long Beach investment opportunity—six units comprised of four 1 bedroom, 1 bath; one 2 bedroom 1 bath; and one large townhome style 2 bedroom, 1.5 bath with a private patio. There are also two double car garages with additional storage. This is a great location near Cal State Long Beach and Long Beach Community College! The units are all electric and have great layouts which make them easy to rent. There is a convenient onsite coin operated laundry room. New (under one year old) roof. Very low vacancy with room to increase rents! Property is being sold individually or with its sister building 4212 East 10th Street. There is a portfolio purchase opportunity as well - total 26 units - 4200 E 10th St PW22176321 six units; 4212 E 10th St PW22176452 six units; 930 Roswell Ave PW22176452 six units; 1026 Roswell Ave PW22231020 eight units.

Last Agent to Sell the Property

Lorri Quiett

Vylla Home, Inc. License #01371114 Listed on: 02/27/2023

Co-Listed By

Jim Castillo

Vylla Home, Inc. License #01831770

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,053 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Apartment
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,532 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Radiant Heating System
  • Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 12 / 1
  • Assessor Parcel Number 7241005014

Community Details

Overview

  • 6 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,630
  • Gross Income $97,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: stoves and refrigerators in each unit, dishwasher in #3
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7241005014
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 353.05
  • Room Type: Galley Kitchen, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 4053.00
  • Lot Size Acres: 0.0930

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Operating Income: 97200.00
  • Gross Scheduled Income: 97200.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 4053.0000 Square Feet
  • Maintenance Expense: 1630.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 1
  • Number With Disposal: 6
  • Number With Patio: 1
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Rent Control: Yes
  • Total Actual Rent: 8100.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5770.00
  • Tax Lot: 12

Range of Values:

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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
05/12/2023 05/12/23 Sold $1,600,000 0.0% $353 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $1,600,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23033155

California Regional Multiple Listing Service (CRMLS)