NOT LISTED FOR SALE
16 Beds
9 Baths
7,140 Sq Ft
8,903 Acre Lot

Sale Details

Date 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

8,903 Acres

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

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
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

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 $27,269 $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

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Map

Source: The MLS

MLS Number: 16-178688

The MLS
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