NOT LISTED FOR SALE

4205 E Anaheim St Long Beach, CA 90804

Bryant Neighborhood
4 Beds
5 Baths
16,955 Sq Ft
0.26 Acres

Last Sold June 18, 2018

Last sale price $5,000,000 $295 Per Sq Ft

6 Days on Market

Highlights

  • Above Ground Pool
  • 11,461 Sq Ft lot
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Ceiling Fan

About This Home

As of June 2018

The Anaheim Street Apartments is comprised of sixteen units consisting of large two bedroom units, plus one non-conforming studio, a jacuzzi and twenty-five subterranean parking spaces. The property presents investors with an exceptional buying opportunity to acquire a value-add property with 35% rental upside. The building is located in the Park Estates/Circle Area submarket and in close proximity to Cal State Long Beach University, Recreation Park 9 Golf Course and walking distance to restaurants, coffee shops, shopping and nightlife venues.

Last Agent to Sell the Property

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 03/09/2018

Keller Williams Realty Downey

Last Buyer's Agent

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 03/09/2018

Keller Williams Realty Downey

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 25 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 16,955 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • Above Ground Pool
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 0
  • Assessor Parcel Number 7253026017

Community Details

Recreation

  • Community Pool

Building Details

  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,332
  • Fuel Expense $3,332
  • Gardener Expense $2,017
  • Insurance Expense $6,782
  • Maintenance Expense $3,600
  • Other Expense $9,870
  • Pest Control $550
  • Professional Management Expense $17,304
  • Supplies Expense $5,200
  • Trash Expense $3,332
  • Water Sewer Expense $3,332
  • New Taxes Expense $69,148
  • Operating Expense $129,504
  • Gross Income $346,035
  • Net Operating Income $216,581

Additional Features

  • 17 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Parking

25

Listing Details

  • Professional Management Expense: 17304.00
  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Supplies Expense: 5200.00
  • Water Sewer Expenses: 3332.00
  • Zoning: LBCCN
  • Property Type: Residential Income
  • Gardener Expense: 2017.00
  • Parcel Number: 7253026017
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 294.90

Exterior Features

  • Pool Features: Community, Above Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 25.00
  • Total Parking Spaces: 25.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Laundry Features: Community
  • Pest Control Expense: 550.00
  • Sewer: Unknown
  • Trash Expense: 3332.00
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 11461.00

Multi Family

  • Electric Expense: 3332.00
  • Fuel Expense: 3332.00
  • Gross Income: 346035.00
  • Gross Scheduled Income: 364300.00
  • Insurance Expense: 6782.00
  • Maintenance Expense: 3600.00
  • Net Operating Income: 216581.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 17
  • Operating Expense: 129504.00
  • Other Expense: 9870.00
  • Other Expense Description: MISC
  • Rent Control: No
  • Total Expenses: 129504.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 69148.00
  • Tax Census Tract: 5750.02
  • Tax Lot: 36
  • Tax Tract Number: 0.26

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
06/18/2018 06/18/18 Sold $5,000,000 -8.3% $295 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $5,450,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Stepp

    Seller's Agent in 2018

    Robert Stepp

    Keller Williams Realty Downey

    (310) 463-2916

    76 Total Sales

    Robert Stepp
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18055678

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Bryant

4205 E Anaheim St, Long Beach, CA

Not Listed for Sale

MultiFamily

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