NOT LISTED FOR SALE
13 Beds
13 Baths
5,799 Sq Ft
5,851 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $1,800,000 $310 Per Sq Ft

Highlights

  • Gated Community
  • Property is near public transit
  • Balcony
  • Fremont Elementary School Rated A
  • Neighborhood Views
  • Living Room

About This Home

As of May 2023

Six unit investment property in Eastside Long Beach comprised of five two bedroom, two bath units and one three bedroom two bath, along with seven single car garages. The 3/2 could be a great owner’s unit! The front apartment features a large street facing balcony that opens into bedroom and living room. All units include stoves, refrigerators, and four include dishwashers. There is a coin-op laundry in the back. Lots of upside in rents! This is a great rental area which is attracting a lot of investors due to its proximity to Cal State Long Beach, Long Beach Community College and easy commute to OC and LA. Don’t miss this opportunity to pick up a solid investment in a stable neighborhood! There is a portfolio purchase opportunity as well - total 26 units - 4200 E 10th St PW22176321 six units; 4212 E 10th St PW22176452 six units; 930 Roswell Ave PW22176452 six units; 1026 Roswell Ave PW22231020 eight units.

Last Agent to Sell the Property

Lorri Quiett

Vylla Home, Inc. License #01371114 Listed on: 02/27/2023

Co-Listed By

Jim Castillo

Vylla Home, Inc. License #01831770

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,851 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence

Parking

  • 7 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Home Design

  • Apartment
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,799 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room
  • Neighborhood Views
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 1
  • Tax Tract Number 42618
  • Assessor Parcel Number 7241005031

Community Details

Overview

  • 6 Units
  • Eastside Subdivision

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $123,600

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

7

Listing Details

  • Assessments: Yes
  • Inclusions: stoves , fridges, dishwashers
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7241005031
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 310.40
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Parking Space
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5851.00
  • Lot Size Acres: 0.1343

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Gross Operating Income: 123600.00
  • Gross Scheduled Income: 123600.00
  • Lot Size Area: 5851.0000 Square Feet
  • Number Of Rented Garages: 7
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 6
  • Number With Patio: 1
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Rent Control: Yes
  • Total Actual Rent: 10300.00

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 1
  • Tax Tract Number: 42618

Range of Values:

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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
05/12/2023 05/12/23 Sold $1,800,000 0.0% $310 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $1,800,000 -- $310 / 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: PW23033119

California Regional Multiple Listing Service (CRMLS)