Seller's Agent in 2019
Kevin King
Marcus & Millichap
(562) 257-1245
42 Total Sales
5271 E Anaheim Rd Long Beach, CA 90815
Park Estates Neighborhood
5
Beds
4
Baths
6,974
Sq Ft
7,697
Sq Ft Lot
Highlights
- Laundry Room
- Minnie Gant Elementary School Rated A
- 1-minute walk to Los Altos Plaza Park
About This Home
As of August 2019The subject property has a unit mix of (4) 1-bedroom / 1-bathroom units, (2) 2-bedroom / 1-bathroom units and (1) 2-bedroom / 2-bathroom unit. The building was built in 1955 and has 5 single car garages with access from the alley. The building consists of 6,974 rentable square feet and sits on a 7,697 square foot lot.
This property has great potential to add value and raise rents. Investors benefit from the high demand for rentals in this coastal city of Southern California. Tenants enjoy living a short distance to local beaches, transportation, California State University of Long Beach, as well as shopping, restaurants and nightlife in Downtown Long Beach and Belmont Shore.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 05/20/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 7,697 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 5 Car Garage
Home Design
- Property Attached
Interior Spaces
- 6,974 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 14673
- Assessor Parcel Number 7240013002
Community Details
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $735
- Fuel Expense $735
- Gardener Expense $1,020
- Insurance Expense $3,954
- Maintenance Expense $6,586
- Other Expense $1,400
- Professional Management Expense $5,987
- Trash Expense $735
- Water Sewer Expense $735
- New Taxes Expense $28,800
- Operating Expense $50,687
- Gross Income $119,772
- Net Operating Income $69,085
Additional Features
- 7 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/19/2019 08/19/19 | Sold | $2,170,000 | -9.6% | $311 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 05/20/2019 05/20/19 | For Sale | $2,400,000 | -- | $344 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kevin King
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,174 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19117827
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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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