NOT LISTED FOR SALE
13 Beds
6 Baths
3,454 Sq Ft
5,023 Sq Ft Lot

Sale Details

Date Sold: March 24, 2021

Last sale price $1,000,000 $290 Per Sq Ft

9 Days on Market

About This Home

As of March 2021

No longer accepting offers after the deadline end of business Tuesday 2/23 at 6pm. Property is on hold until next week 3/1. This "value add" six-unit Long Beach apartment building. The asset has great curb appeal and all of the units are 2+1 with long-term tenants. Property is located in a terrific neighborhood near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.

Last Agent to Sell the Property

Scott Nell

Equity Union License #01358285 Listed on: 02/20/2021

Co-Listed By

Eric Petz

Equity Union License #01893338

Equity Union

Last Buyer's Agent

Eric Petz

Equity Union License #01893338

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,023

Interior Spaces

  • 3,454 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Additional Features

  • 5,023 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7123-009-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

5,023 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3454
  • Lot Acreage: 0.1153
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 260.28

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Percent: 75.76
  • Assessed Improvement Value: 175412
  • Assessed Land Percent: 24.24
  • Assessed Land Value: 56123
  • Total Assessed Value: 231535
  • Assessor Parcel Number: 7123-009-007
  • Lot Size Area: 5023

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 6
  • Type Of Units: Multi-family
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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
03/24/2021 03/24/21 Sold $1,000,000 0.0% $290 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 Off Market $1,000,000 -- --
02/20/2021 02/20/21 For Sale $899,000 -- $260 / 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 $14,726 $1,066,194 $362,614 $703,580
2024 $14,085 $1,045,289 $355,504 $689,785
2023 $13,840 $1,024,794 $348,534 $676,260
2022 $13,000 $1,004,700 $341,700 $663,000
2021 $3,951 $248,248 $60,173 $188,075
2020 $3,940 $245,703 $59,556 $186,147
2019 $3,894 $240,887 $58,389 $182,498
2018 $3,736 $236,165 $57,245 $178,920
2016 $3,436 $226,996 $55,023 $171,973
2015 $3,316 $223,587 $54,197 $169,390
2014 $3,327 $219,208 $53,136 $166,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-694124

The MLS
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