NOT LISTED FOR SALE
18 Beds
10 Baths
7,843 Sq Ft
7,729 Sq Ft Lot

Sale Details

Date 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

General NONMEMBER

NONMEMBER MRML

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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

7,729 Sq Ft Lot

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 Rate: 10.00

Tax Info

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $32,263 $2,381,349 $865,945 $1,515,404
2024 $30,838 $2,334,657 $848,966 $1,485,691
2023 $30,315 $2,288,880 $832,320 $1,456,560
2022 $28,461 $2,244,000 $816,000 $1,428,000
2021 $15,873 $1,192,515 $357,752 $834,763
2020 $15,829 $1,180,288 $354,084 $826,204
2019 $15,646 $1,157,146 $347,142 $810,004
2018 $15,180 $1,134,458 $340,336 $794,122
2016 $13,942 $1,090,407 $327,121 $763,286
2015 $13,401 $1,074,029 $322,208 $751,821
2014 $13,349 $1,052,991 $315,897 $737,094
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21036709

California Regional Multiple Listing Service (CRMLS)
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