Seller's Agent in 2022
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
1 in this area
152 Total Sales
826 Euclid Ave Long Beach, CA 90804
Recreation Park Neighborhood
10
Beds
7
Baths
5,438
Sq Ft
5,850
Sq Ft Lot
About This Home
As of October 2022826 Euclid Ave is a well-positioned 7-Unit building located on a quiet residential street in East Long Beach. Built in 1954, the 5,438 SF building sits on a 5,848 SF lot, and features (3) 2-bed/1-bath units, and (4) 1-bed/1-bath units. The property also includes (4) single car garages with (3) uncovered spaces and a shared laundry space. The property boasts a 3.37% Cap Rate with a 5.06 Market CAP, and is located near Jefferson Leadership Academy Middle School & Woodrow Wilson High School.
Given the ideal location in a desirable city and consistent rental income this building provides, 826 Euclid is a great opportunity to own a quality asset for any Los Angeles CRE investor or owner-user.
Last Agent to Sell the Property
Lyon Stahl Investment Real Est License #01399621 Listed on: 08/06/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 5,848 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- 5,438 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 5770
- Assessor Parcel Number 7254015032
- $1,252 per year additional tax assessments
Community Details
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $3,263
- Maintenance Expense $3,724
- Other Expense $5,600
- Professional Management Expense $6,207
- New Taxes Expense $27,158
- Operating Expense $47,152
- Gross Income $120,416
- Net Operating Income $73,264
Additional Features
- 7 Units
- Laundry Facilities
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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 |
|---|---|---|---|---|
| 10/17/2022 10/17/22 | Sold | $2,050,000 | -5.7% | $377 / Sq Ft |
| 08/23/2022 08/23/22 | Pending | -- | -- | -- |
| 08/06/2022 08/06/22 | For Sale | $2,175,000 | -- | $400 / 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 | $27,346 | $2,132,820 | $1,248,480 | $884,340 |
| 2024 | $27,346 | $2,091,000 | $1,224,000 | $867,000 |
| 2023 | $26,883 | $2,050,000 | $1,200,000 | $850,000 |
| 2022 | $3,405 | $174,370 | $32,770 | $141,600 |
| 2021 | $3,288 | $170,952 | $32,128 | $138,824 |
| 2019 | $3,241 | $165,883 | $31,176 | $134,707 |
| 2018 | $3,078 | $162,631 | $30,565 | $132,066 |
| 2016 | $2,815 | $156,318 | $29,379 | $126,939 |
| 2015 | $2,727 | $153,971 | $28,938 | $125,033 |
| 2014 | $2,751 | $150,956 | $28,372 | $122,584 |
Source: Public Records
Agents Affiliated with this Home
-
Woody Stahl
-
Jon Swire
Buyer's Agent in 2022
Jon Swire
The Agency
(310) 948-2631
1 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22172595
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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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