Leslie Stonick
Compass
(424) 381-0410
73 Total Sales
3 in Recreation Park
$755K - $1.5M Price Range
826 Euclid Ave Long Beach, CA 90804
Recreation Park Neighborhood
10
Beds
7
Baths
5,438
Sq Ft
5,848
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
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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
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2022
Closed on
Sep 26, 2022
Sold by
Bought by
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Jon Swire
The Agency
List Price
$2,175,000
Sold Price
$2,050,000
Premium/Discount to List
-$125,000
-5.75%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,174,153
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2007
Sold by
Bought by
Purchase Details
Closed on
Mar 29, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Recreation Park, CA
-
Leslie Stonick
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
182 Total Sales
1 in Recreation Park
$890,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
120 Total Sales
1 in Recreation Park
$564,000 Price
-
Angie Rebennack
Angie Rebennack
Responds QuicklyKeller Williams Pacific Estate
(669) 267-1339
56 Total Sales
3 in Recreation Park
$910K - $954K Price Range
-
Daniel Dooros
Daniel Dooros
Real Brokerage Technologies
(424) 292-8543
12 Total Sales
2 in Recreation Park
$485K - $919K Price Range
-
Viviana Kim
Viviana Kim
Major League Properties
(657) 500-0759
52 Total Sales
1 in Recreation Park
$527,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,050,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,240,000 | ||
| Previous Owner | $16,000 |
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 |
|---|---|---|---|---|
| 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
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 | $28,589 | $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
Seller's Agent in 2022
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
2 in this area
144 Total Sales
-
Jon Swire
Buyer's Agent in 2022
Jon Swire
The Agency
(310) 948-2631
2 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22172595
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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