Seller's Agent in 2013
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
51 Total Sales
4490 N Banner Dr Long Beach, CA 90807
Bixby Knolls Neighborhood
2
Beds
2
Baths
5,204
Sq Ft
8,364
Sq Ft
About This Home
As of March 20138 Units adjacent to Bixby Knolls. (8) 1bed/1bth units. (3) 2 car garages and two additional spaces. Well maintained building on corner lot with onsite laundry.
All tenants are HUD (Housing) tenants. (7) units at $1075 per month, (1) unit at $1061 per month. Monthly Income = $8,586 = $103,032 per year. That's only a 9.6x GRM and 6.5% cap rate. Price to Sell!!!
Last Agent to Sell the Property
Pabst, Kinney & Associates License #01849377 Listed on: 02/18/2013
Last Buyer's Agent
ALVIN BENIPAYO
California Real Estate & inves License #01085934
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,708
Year Built
- Built in 1947
Lot Details
- 8,359 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
- 2 Carport Spaces
Home Design
- 5,204 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 13585
- Assessor Parcel Number 7136015009
Community Details
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $8,586
- Net Operating Income $63,973
Additional Features
- 8 Units
- Laundry Facilities
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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 |
|---|---|---|---|---|
| 03/12/2013 03/12/13 | Sold | $985,000 | -0.5% | $189 / Sq Ft |
| 02/26/2013 02/26/13 | Pending | -- | -- | -- |
| 02/18/2013 02/18/13 | For Sale | $990,000 | -- | $190 / 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 | $26,844 | $2,061,519 | $1,093,645 | $967,874 |
| 2024 | $26,844 | $2,021,098 | $1,072,201 | $948,897 |
| 2023 | $26,148 | $1,981,470 | $1,051,178 | $930,292 |
| 2022 | $24,543 | $1,942,618 | $1,030,567 | $912,051 |
| 2021 | $24,045 | $1,904,528 | $1,010,360 | $894,168 |
| 2019 | $14,497 | $1,087,980 | $436,039 | $651,941 |
| 2018 | $14,106 | $1,066,661 | $427,490 | $639,171 |
| 2016 | $12,977 | $1,024,628 | $410,891 | $613,737 |
| 2015 | $12,469 | $1,009,239 | $404,720 | $604,519 |
| 2014 | $12,412 | $989,471 | $396,793 | $592,678 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Pabst
-
A
Buyer's Agent in 2013
ALVIN BENIPAYO
California Real Estate & inves
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13026180
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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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