Seller's Agent in 2020
Ben Lara
American Pacific Realty
(714) 793-3999
9 Total Sales
4786 E Malta St Long Beach, CA 90815
Traffic Circle Neighborhood
8
Beds
6
Baths
5,548
Sq Ft
7,891
Sq Ft Lot
Highlights
- Gated Community
- Traditional Architecture
- Laundry Room
- Bixby Elementary School Rated 9+
- Living Room Balcony
- Tile Flooring
About This Home
As of October 2020This property consists of a 5-unit multifamily development. The front unit can be an owner's unit comprised of a 2-story 3-bedroom, 2-bathroom residence. The rear units consist of three 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit. The units have a patio or balcony feature with a hydronic heating system. The unit interiors are finished with laminate wood floors, wall-to-wall carpeting in the bedrooms, and ceramic tile floors in the bathrooms and kitchens. The kitchens have freestanding electric range/oven, vent fan hoods, and dishwashers. The property's common area includes a laundry room with coin operated washer and dryer. The rear units have a security gate entry. The property has a 2-car garage, six 1-car garages, 2-open spaces with a secured open space area in the rear that can be used for storage or converted to two additional open space parking. The property is located in the Circle / Los Altos Area in Long Beach and is approximately 3/4 mile from California State University Long Beach campus. There is a large student population in the neighborhood. Rents are below market with good upside potential.
Last Agent to Sell the Property
American Pacific Realty License #00879626 Listed on: 08/03/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 7,891 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Block Wall Fence
- Front Yard Sprinklers
Parking
- 6 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 5,548 Sq Ft Home
- 2-Story Property
- Window Screens
- Living Room with Fireplace
- Living Room Balcony
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Utilities
- Heating Available
- Vented Exhaust Fan
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, parking fee
- Tax Lot 22
- Tax Tract Number 15865
- Assessor Parcel Number 7220002022
Community Details
Overview
- 5 Units
- Los Altos/North Of Fwy Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $800
- Insurance Expense $5,418
- Maintenance Expense $2,000
- Other Expense $3,200
- Pest Control $900
- Professional Management Expense $5,061
- Trash Expense $2,100
- New Taxes Expense $22,868
- Operating Expense $42,347
- Gross Income $133,200
- Net Operating Income $84,063
Additional Features
- Laundry Facilities
- Gated Community
Create a Home Valuation Report for This Property
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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 |
|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $1,875,000 | -1.3% | $338 / Sq Ft |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- |
| 08/03/2020 08/03/20 | For Sale | $1,900,000 | -- | $342 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ben Lara
-
David Goodwin
Buyer's Agent in 2020
David Goodwin
Fiv Realty Co
(562) 679-6700
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20155591
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