NOT LISTED FOR SALE

433 Nebraska Ave Long Beach, CA 90802

North Alamitos Beach Neighborhood
5 Beds
4 Baths
7,482 Sq Ft
8,773 Sq Ft Lot

Last Sold February 21, 2012

Last sale price $1,137,500 $152 Per Sq Ft

212 Days on Market

Highlights

  • 0.2 Acre Lot
  • Carpet
  • 2-minute walk to Miracle On Fourth Street Park
  • Long Beach Polytechnic High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of February 2012

Well maintained..super location, minutes to the ocean. Beautiful courtyard. Many up grades..new windows etc. 12 units total. Exterior recently painted. Separate metered. 7 garages and 7 parking spaces. Perfect location..close to shopping theaters, schools, freeways and public transportation.

Last Agent to Sell the Property

Susan Doan

Burton S. Young, Broker License #00544426 Listed on: 04/29/2011

Last Buyer's Agent

Susan Doan

Burton S. Young, Broker License #00544426 Listed on: 04/29/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,773 Sq Ft Lot

Parking

  • 14 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 7,482 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5765
  • Assessor Parcel Number 7266015009

Community Details

Overview

  • 11 Units

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $10,733
  • Net Operating Income $91,796

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.68
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7266015009
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 152.03

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8773.00
  • Lot Size Acres: 0.2010

Multi Family

  • Gross Income: 10733.00
  • Gross Multiplier: 10.68
  • Gross Scheduled Income: 128796.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8773.0000 Square Feet
  • Net Operating Income: 91796.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 11
  • Number With Carpet: 12
  • Number With Drapes: 12
  • Operating Expense: 37000.00
  • Operating Expense Percent: 30.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 5765

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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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 List to Sale Price per Sq Ft
02/21/2012 02/21/12 Sold $1,137,500 -17.3% $152 / Sq Ft
11/27/2011 11/27/11 Pending -- -- --
04/29/2011 04/29/11 For Sale $1,375,000 -- $184 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Susan Doan

    Burton S. Young, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S658038

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90802 North Alamitos Beach

433 Nebraska Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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