Seller's Agent in 2022
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
(310) 403-9145
1 in this area
100 Total Sales
424 W 9th St Long Beach, CA 90813
Willmore Neighborhood
5
Beds
8
Baths
3,724
Sq Ft
4,108
Sq Ft
About This Home
As of July 2022424 W 9th St is located in the Heart of Downtown Long Beach, this is a great opportunity to own an 8 unit property with stable income and at least 10% upside in rents. The surrounding area is currently being heavily developed with an estimated $3.5 billion currently under construction. This is a great opportunity to own near the historic Willmore District with a fresh look to appeal to the young professionals flooding to Downtown's hip revival. 424 9th St comes with a mixture of hardwood floors, high ceilings, a sun-deck, granite countertops, and vintage built-in cabinets. The property consists of 2 buildings on a grassy 4,105 sq ft lot with (5) 1-bed/1-bath units and (3) studios.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 05/05/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 4,106 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 3,724 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Legal Lot and Block 2 / 13
- Tax Tract Number 4119
- Assessor Parcel Number 7272015016
Community Details
Overview
- 3 Buildings
- 8 Units
- Willmore District Subdivision
Building Details
- 8 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,600
- Fuel Expense $1,600
- Insurance Expense $1,146
- Professional Management Expense $6,045
- Trash Expense $1,600
- Water Sewer Expense $1,600
- Operating Expense $40,298
- Net Operating Income $74,557
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $1,577,000 | +1.7% | $423 / Sq Ft | |
| 05/11/2022 05/11/22 | Pending | -- | -- | -- | |
| 05/05/2022 05/05/22 | For Sale | $1,550,000 | +10.7% | $416 / Sq Ft | |
| 03/21/2019 03/21/19 | Sold | $1,400,000 | 0.0% | $379 / Sq Ft | View Prior Sale |
| 11/29/2018 11/29/18 | Off Market | $1,400,000 | -- | -- | |
| 10/19/2018 10/19/18 | For Sale | $1,395,000 | -- | $378 / 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 | $21,292 | $1,640,918 | $1,040,400 | $600,518 |
| 2024 | $21,292 | $1,608,744 | $1,020,000 | $588,744 |
| 2023 | $20,922 | $1,577,200 | $1,000,000 | $577,200 |
| 2022 | $18,749 | $1,471,648 | $956,572 | $515,076 |
| 2021 | $18,366 | $1,442,793 | $937,816 | $504,977 |
| 2020 | $18,320 | $1,429,000 | $928,200 | $500,800 |
| 2019 | $5,548 | $363,361 | $144,581 | $218,780 |
| 2018 | $5,380 | $356,257 | $141,747 | $214,510 |
| 2017 | $5,313 | $348,292 | $138,968 | $209,324 |
| 2016 | $4,953 | $341,464 | $136,244 | $205,220 |
| 2015 | $4,774 | $336,336 | $134,198 | $202,138 |
| 2014 | $4,770 | $329,749 | $131,570 | $198,179 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Takahashi
-
Johnnie Stiegler
Seller Co-Listing Agent in 2022
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
1 in this area
95 Total Sales
-
Vincent Cook
Buyer's Agent in 2022
Vincent Cook
Kidder Mathews of California, Inc
(310) 982-7055
1 in this area
9 Total Sales
-
Cameron Samimi
Seller's Agent in 2019
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
1 in this area
211 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22093595
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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