NOT LISTED FOR SALE
8 Beds
9 Baths
5,652 Sq Ft
3,627 Sq Ft Lot

Last Sold January 30, 2013

Last sale price $760,000 $134 Per Sq Ft

119 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Turnkey

About This Home

As of January 2013

This home is located at 816 E 19th St, Long Beach, CA 90806 since 24 September 2012. This property was built in 1923. 816 E 19th St is a home located in Los Angeles County with nearby schools including Bobbie Smith Elementary, Nelson Academy, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Bill Mulkey

TR Wealth Management Inc. License #00986020 Listed on: 09/24/2012

Last Buyer's Agent

Tonja Demoff

Q & A Realty Group License #01221878

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,627

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 5,652 Sq Ft Home
  • 2-Story Property
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Wall Furnace
  • Cable TV Available

Additional Features

  • Rain Gutters
  • 3,627 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5732
  • Assessor Parcel Number 7210014002

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $900
  • Insurance Expense $2,826
  • Maintenance Expense $6,400
  • Professional Management Expense $4,889
  • Trash Expense $1,000
  • Water Sewer Expense $2,200
  • New Taxes Expense $9,813
  • Gross Income $7,146
  • Net Operating Income $49,858

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • CapRate: 6.35
  • Professional Management Expense: 4889.00
  • Water Sewer Expenses: 2200.00
  • Zoning: Lbrln
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7210014002
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 134.47

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Construction Materials: Frame, Plaster, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1000.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3627.00
  • Lot Size Acres: 0.0830

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 7146.00
  • Gross Multiplier: 9.16
  • Gross Scheduled Income: 85680.00
  • Gross Spendable Income: 17120.00
  • Insurance Expense: 2826.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 3627.0000 Square Feet
  • Maintenance Expense: 6400.00
  • Net Operating Income: 49858.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 31628.00
  • Operating Expense Percent: 37.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9813.00
  • Tax Area: 11933
  • Tax Lot: 1
  • Tax Tract Number: 5732
  • Tax Year: 2011

Range of Values:

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Value Increase
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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
01/30/2013 01/30/13 Sold $760,000 -3.2% $134 / Sq Ft
01/21/2013 01/21/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $785,000 -- $139 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12119254

California Regional Multiple Listing Service (CRMLS)