Seller's Agent in 2015
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
39 Total Sales
729 Elm Ave Long Beach, CA 90813
Saint Mary's Neighborhood
1
Bed
5
Baths
6,060
Sq Ft
7,496
Sq Ft Lot
About This Home
As of June 2015We are pleased to present a 13-unit apartment building located at 729 Elm Avenue in Long Beach, California. The subject property is located just blocks east of Long Beach Boulevard. Built in 1923, the subject property consists of 6,060 rentable square feet on a 7,496-square foot lot. There is one two-story building that contains four one-bedroom/one-bathroom units and nine studio/one-bathroom units. The subject property is separately metered for gas and electricity, keeping expenses to a minimum.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 03/26/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,496 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 6,060 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 5 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 57630
- Assessor Parcel Number 7273020014
Community Details
Overview
- 13 Units
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 13 Separate Water Meters
- Electric Expense $5,387
- Gardener Expense $1,235
- Insurance Expense $4,347
- Maintenance Expense $8,800
- Other Expense $3,250
- Professional Management Expense $1,492
- New Taxes Expense $15,862
- Gross Income $10,809
- Net Operating Income $76,688
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/15/2015 06/15/15 | Sold | $1,395,000 | 0.0% | $230 / Sq Ft | |
| 04/13/2015 04/13/15 | Pending | -- | -- | -- | |
| 03/26/2015 03/26/15 | For Sale | $1,395,000 | +29.8% | $230 / Sq Ft | |
| 01/12/2012 01/12/12 | Sold | $1,075,000 | -22.9% | $177 / Sq Ft | View Prior Sale |
| 01/10/2012 01/10/12 | Pending | -- | -- | -- | |
| 07/01/2011 07/01/11 | For Sale | $1,395,000 | -- | $230 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $22,651 | $1,676,569 | $1,177,808 | $498,761 |
| 2024 | $22,651 | $1,643,696 | $1,154,714 | $488,982 |
| 2023 | $22,247 | $1,611,468 | $1,132,073 | $479,395 |
| 2022 | $20,904 | $1,579,872 | $1,109,876 | $469,996 |
| 2021 | $20,450 | $1,548,895 | $1,088,114 | $460,781 |
| 2020 | $20,398 | $1,534,574 | $1,076,957 | $457,617 |
| 2019 | $20,157 | $1,504,516 | $1,055,841 | $448,675 |
| 2018 | $19,604 | $1,475,048 | $1,035,139 | $439,909 |
| 2016 | $18,052 | $1,416,273 | $994,945 | $421,328 |
| 2015 | $14,292 | $1,123,485 | $783,827 | $339,658 |
| 2014 | -- | $1,101,478 | $768,473 | $333,005 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
-
NoEmail NoEmail
N
Buyer's Agent in 2015
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
6,285 Total Sales
-
B
Seller's Agent in 2012
Benjamin Swift
Corcoran Global Living
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15063395
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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