NOT LISTED FOR SALE

450 W 20th St Long Beach, CA 90806

South Wrigley Neighborhood
18 Beds
10 Baths
7,843 Sq Ft
7,729 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $2,200,000 $281 Per Sq Ft

31 Days on Market

About This Home

As of May 2021

This home is located at 450 W 20th St, Long Beach, CA 90806 since 23 February 2021. This property was built in 1949. 450 W 20th St is a home located in Los Angeles County with nearby schools including Lafayette Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Last Agent to Sell the Property

Steve Vong

First American Team Realty Inc License #01273285 Listed on: 02/23/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,729 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Density is 6-10 Units/Acre

Home Design

  • 7,843 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 10 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 7209029001

Community Details

Overview

  • 10 Units
  • Wrigley Area Subdivision

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,047
  • Insurance Expense $3,632
  • Other Expense $265
  • Professional Management Expense $11,500
  • Trash Expense $4,727
  • Water Sewer Expense $4,829
  • New Taxes Expense $30,000
  • Operating Expense $55,735
  • Gross Income $146,100
  • Net Operating Income $77,935

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • CapRate: 3.30
  • Professional Management Expense: 11500.00
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 4829.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7209029001
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 280.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 4727.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 7729.00
  • Lot Size Acres: 0.1774

Rental Info

  • Garage Rental Rate: 75.00

Multi Family

  • Electric Expense: 1047.00
  • Garage Income: 150.00
  • Gross Income: 146100.00
  • Gross Multiplier: 16.35
  • Gross Operating Income: 131670.00
  • Gross Scheduled Income: 146100.00
  • Insurance Expense: 3632.00
  • Lot Size Area: 7729.0000 Square Feet
  • Net Operating Income: 77935.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 53735.00
  • Other Expense: 265.00
  • Other Expense Description: PRH
  • Rent Control: Yes
  • Total Expenses: 55735.00
  • Vacancy Allowance: 14430
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Block: 2
  • Tax Census Tract: 5730.04
  • Tax Lot: 1

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 Change Sq Ft Price
05/14/2021 05/14/21 Sold $2,200,000 -8.3% $281 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $2,399,999 -- $306 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Vong

    Seller's Agent in 2021

    Steve Vong

    First American Team Realty Inc

    (562) 209-2927

    1 in this area

    18 Total Sales

    Steve Vong
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,885 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21036709

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90806 South Wrigley

450 W 20th St, Long Beach, CA

This home is located at 450 W 20th St, Long Beach, CA 90806 since 23 February 2021. This property was built in 1949. 450 W 20th St is a home located in Los Angeles County with nearby schools including Lafayette Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

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.

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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