NOT LISTED FOR SALE
12 Beds
6 Baths
3,704 Sq Ft
7,560 Sq Ft Lot

Last Sold November 02, 2015

Last sale price $835,000 $225 Per Sq Ft

178 Days on Market

Highlights

  • 0.17 Acre Lot
  • 1-Story Property
  • 3-minute walk to Drake Park

About This Home

As of November 2015

Lovely craftsman style quadriplex near downtown and all transportation... This great income property consists of:
#821 (4BR, 2BA), #817 (2BR, 1BA), #819 (2BR, 1BA), #819 1/2 4BR, 2BA and an income producing studio unit that is not a part of the official configuration. Excellent opportunity to live in one unit and let the other units pay the mortgage. Located in the lovely Drake Park, historical area, close to all transportation, The Pike, Shoreline Village and most of long Beach's best amenities.

Last Agent to Sell the Property

Tito and Francoi Pichon

Keller Williams Realty License #01184183 Listed on: 03/29/2015

Keller Williams Realty

Last Buyer's Agent

Todd McIntosh

Y Realty License #01472763

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 7,560 Sq Ft Lot
  • No Common Walls

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,704 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 5758
  • Assessor Parcel Number 7271022041

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $600
  • Gross Income $6,095
  • Net Operating Income $70,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 7271022041
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 225.43

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Urban

Lot Info

  • Lot Size Sq Ft: 7560.00
  • Price Per Lot Square Foot: 110.45
  • Lot Size Acres: 0.1740

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 6095.00
  • Gross Multiplier: 11.20
  • Gross Scheduled Income: 73140.00
  • Lot Size Area: 7560.0000 Square Feet
  • Net Operating Income: 70140.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 6095.00

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 5758
  • Tax Year: 2014

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Prior Sale
11/02/2015 11/02/15 Sold $835,000 +1.8% $225 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $819,900 +17.1% $221 / Sq Ft
11/18/2013 11/18/13 Sold $700,000 0.0% $189 / Sq Ft View Prior Sale
10/18/2013 10/18/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $699,900 -- $189 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,091 $988,465 $686,600 $301,865
2024 $13,091 $969,085 $673,138 $295,947
2023 $910 $950,085 $659,940 $290,145
2022 $1,014 $931,456 $647,000 $284,456
2021 $3,135 $913,193 $634,314 $278,879
2020 $3,966 $903,830 $627,810 $276,020
2019 $11,562 $886,108 $615,500 $270,608
2018 $11,199 $868,734 $603,432 $265,302
2016 $10,296 $835,000 $580,000 $255,000
2015 $8,667 $713,985 $499,790 $214,195
2014 $8,619 $700,000 $490,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15065230

California Regional Multiple Listing Service (CRMLS)

APN: 7271-022-041