NOT LISTED FOR SALE

590 E Pleasant St Long Beach, CA 90805

Addams Neighborhood
16 Beds
9 Baths
7,140 Sq Ft
8,903 Acres

Last Sold April 21, 2017

Last sale price $1,650,000 $231 Per Sq Ft

55 Days on Market

About This Home

As of April 2017

Pleased to present this beautiful 9 unit apartment building located at 590 E Pleasant St in North Long Beach. Built in 1963 this building features 7,140 rentable square feet with a lot size of 8,903 square feet, consisting of 2 one-bedroom/one-bathroom units and 7 two-bedroom/one-bathroom units, all in excellent condition and separately metered for gas and electric. Additionally, there have been major upgrades throughout including: new 30 year roof; stucco repair/complete exterior paint; entire second floor deck; dual-pane vinyl windows/front doors for every unit, 100 gallon water heater and the front/courtyard are currently being re-landscaped as well. There is an on-site laundry facility with designated parking for tenants also, for added income.

Last Agent to Sell the Property

Byron Field

Keller Williams Larchmont License #01934775 Listed on: 10/25/2016

Keller Williams Larchmont

Last Buyer's Agent

Byron Field

Keller Williams Larchmont License #01934775

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 8,903

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Interior Spaces

  • 7,140 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 9 Bathrooms

Additional Features

  • 8,903 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 7130-016-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7140
  • Lot Acreage: 8903.0000
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 245.10

Exterior Features

  • Tennis Court Y/N: No
  • Construction: 1963
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Total Parking: 3

Utilities

  • Heating: Wall

Fee Information

  • Insurance Expense: 2499.00
  • Maintenance Expense: 2700.00
  • Management Expense: 7170.00

Lot Info

  • Assessed Improvement Value: 495306
  • Assessed Land Value: 142799
  • Assessor Parcel Number: 7130-016-011
  • Geocode Override: No
  • Lot Size Area: 8903

Rental Info

  • Total Actual Rent: 11650.00
  • Monthly Gross Income: 11950.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.85
  • Gross Scheduled Income: 143400.00
  • Number Of Units: 9
  • Rent Control: 0
  • Type Of Units: 1 bd, 2bd

Tax Info

  • Tax Expense: 21238.00
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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
04/21/2017 04/21/17 Sold $1,650,000 -5.7% $231 / Sq Ft
10/25/2016 10/25/16 For Sale $1,750,000 -- $245 / Sq Ft
Source: The MLS

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 $26,080 $1,991,196 $540,466 $1,450,730
2024 $26,080 $1,952,154 $529,869 $1,422,285
2023 $25,635 $1,913,878 $519,480 $1,394,398
2022 $24,076 $1,876,352 $509,295 $1,367,057
2021 $23,572 $1,839,561 $499,309 $1,340,252
2019 $23,235 $1,785,300 $484,500 $1,300,800
2018 $21,770 $1,683,300 $459,000 $1,224,300
2016 $8,691 $638,105 $142,799 $495,306
2015 $8,368 $628,522 $140,655 $487,867
2014 $8,355 $616,211 $137,900 $478,311
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Byron Field

    Keller Williams Larchmont

    Section Image
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Map

Source: The MLS

MLS Number: 16-178688

The MLS
California Los Angeles County Long Beach 90805 Addams

590 E Pleasant St, Long Beach, CA

Not Listed for Sale

MultiFamily

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