NOT LISTED FOR SALE

581 E Pleasant St Long Beach, CA 90805

Addams Neighborhood
3 Beds
2 Baths
6,884 Sq Ft
9,197 Sq Ft Lot

Last Sold April 16, 2015

Last sale price $1,258,000 $183 Per Sq Ft

24 Days on Market

About This Home

As of April 2015

The 10 units in Long Beach is an apartment community located in the Mid-Cities Sub-Market of Long Beach, California. This prime location offers tenants convenient access to the 710, 405 and 91 Freeways which connect to major employment centers in the Long Beach area. The property was constructed in 1963 and consists of (4) two-bedroom, one-bathroom units, and (6) one-bedroom, one-bathroom units. The roof system is pitched
composition shingle, and the bilding features newer double pained windows and landscaping. Laundry room access is available on-site and select units feature garage parking.

Last Agent to Sell the Property

Patrick Swanson

Pat Swanson License #01382974 Listed on: 01/09/2015

Last Buyer's Agent

Patrick Swanson

Pat Swanson License #01382974 Listed on: 01/09/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,197 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 6,884 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 19618
  • Assessor Parcel Number 7130016025

Community Details

Overview

  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $71,694

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7130016025
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 182.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Size Sq Ft: 9197.00
  • Lot Size Acres: 0.2110

Multi Family

  • Gross Scheduled Income: 116700.00
  • Lot Size Area: 9197.0000 Square Feet
  • Net Operating Income: 71694.00
  • 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: 41613.00
  • Rent Control: No

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 19618

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
04/16/2015 04/16/15 Sold $1,258,000 -6.8% $183 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $1,350,000 -- $196 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $20,349 $1,511,916 $382,182 $1,129,734
2024 $20,349 $1,482,272 $374,689 $1,107,583
2023 $19,994 $1,453,209 $367,343 $1,085,866
2022 $18,792 $1,424,716 $360,141 $1,064,575
2021 $18,381 $1,396,781 $353,080 $1,043,701
2019 $18,118 $1,355,354 $342,608 $1,012,746
2018 $17,584 $1,328,780 $335,891 $992,889
2016 $16,171 $1,277,184 $322,849 $954,335
2015 $11,183 $870,918 $307,383 $563,535
2014 -- $853,859 $301,362 $552,497
Source: Public Records

Agents Affiliated with this Home

  • Patrick Swanson

    Seller's Agent in 2015

    Patrick Swanson

    Pat Swanson

    (213) 864-2862

    1 in this area

    57 Total Sales

    Patrick Swanson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15005311

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90805 Addams

581 E Pleasant St, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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