C
Seller's Agent in 2017
Chris Stone
Buckingham Investments, Inc.
(562) 624-4400
2 Total Sales
909 Locust Ave Long Beach, CA 90813
Saint Mary's Neighborhood
6
Beds
6
Baths
3,678
Sq Ft
7,516
Sq Ft Lot
Highlights
- 7,516 Sq Ft lot
- Property is near public transit
- Front Yard
- Long Beach Polytechnic High School Rated A
- Landscaped
About This Home
As of February 2017Professionally managed six units in 3 buildings at 909 Locust Ave, one block east of Pine Ave the main strip of downtown Long Beach. The property features a great mix of 2 - 2bd in the front two story building with a long driveway and a separate 1 car garage. In the rear there are two side by side duplexes, one with two 1bd units and the other with two studios. Room to increase rents and add value, and a potential to build up to 5 loft/condos on the site based on preliminary research done with the City of Long Beach. Buyers/Agents to do their own due diligence with regard to the property. Situated one block north of the Temple Loft Development on Locust this property is located in a very strong rental market with low vacancy, strong income, and redevelopment all around.
Last Agent to Sell the Property
Buckingham Investments, Inc. License #01311075 Listed on: 12/21/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1909
Lot Details
- 7,516 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Front Yard
Parking
- 1 Car Garage
Home Design
- 3,678 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 7273013011
Community Details
Overview
- 4 Buildings
- 6 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $25,252
- Gross Income $73,620
- Net Operating Income $46,896
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2017 02/24/17 | Sold | $1,060,000 | +1.0% | $288 / Sq Ft |
| 12/21/2016 12/21/16 | For Sale | $1,050,000 | -- | $285 / 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 | $19,104 | $1,401,747 | $909,242 | $492,505 |
| 2024 | $18,274 | $1,374,263 | $891,414 | $482,849 |
| 2023 | $17,963 | $1,347,318 | $873,936 | $473,382 |
| 2022 | $16,869 | $1,320,900 | $856,800 | $464,100 |
| 2021 | $16,200 | $1,267,596 | $886,287 | $381,309 |
| 2020 | $16,158 | $1,254,600 | $877,200 | $377,400 |
| 2019 | $15,969 | $1,230,000 | $860,000 | $370,000 |
| 2018 | $13,976 | $1,081,200 | $754,800 | $326,400 |
| 2017 | $7,852 | $569,554 | $398,688 | $170,866 |
| 2016 | $7,303 | $558,387 | $390,871 | $167,516 |
| 2015 | $7,023 | $548,165 | $379,105 | $169,060 |
| 2014 | $6,982 | $537,428 | $371,679 | $165,749 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Stone
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
6,305 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN16765519
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
Nearby Homes
- 835 Locust Ave Unit 519
- 835 Locust Ave Unit 322
- 1025 Locust Ave
- 941 Elm Ave Unit 16
- 735 Locust Ave
- 801 Pine Ave Unit 104
- 1148 Locust Ave
- 411 E 8th St
- 840 Cedar Ave
- 1140 Pacific Ave Unit 19
- 1113 Pacific Ave
- 888 Linden Ave
- 1044 Cedar Ave
- 1121 Pacific Ave
- 643 Elm Ave
- 728 Cedar Ave Unit 29
- 406 E 7th St
- 843 Cedar Ave
- 640 Elm Ave Unit 12
- 620 Pacific Ave Unit 3
- 909 Locust Ave
- 141 E 9th St
- 125 E 9th St
- 910 Pine Ave
- 941 Locust Ave
- 930 Pine Ave
- 945 Locust Ave
- 951 Locust Ave Unit 7
- 940 Pine Ave
- 926 Locust Ave
- 950 Locust Ave
- 946 Locust Ave
- 944 Locust Ave
- 948 Locust Ave
- 838 Pine Ave Unit 511
- 838 Pine Ave
- 838 Pine Ave Unit 411
- 838 Pine Ave Unit 107
- 838 Pine Ave Unit 209
- 838 Pine Ave Unit 217