Seller's Agent in 2022
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
6 in this area
78 Total Sales
935 N Washington Place Long Beach, CA 90813
Saint Mary's Neighborhood
13
Beds
12
Baths
5,912
Sq Ft
6,255
Sq Ft Lot
About This Home
As of June 202210 Units in two buildings in dense rental market just North of Downtown Long Beach. Recently renovated property including exterior refresh, landscaping, lighting, and windows. 8 out of 10 units have been upgraded with vinyl plank floors, new cabinets, quartz countertops, and new bathrooms. Well priced on actual income at 14.38X gross with a 9% upside to a market GRM of 13.22. Great unit mix of five 2 Bed/1 Bath units, three 1 Bed/1 Bath units, and two studios. Three garages in front of the building with the potential for an ADU conversion. Community laundry room for extra income. Leased solar system on back building for electrical savings. Perfect 1031 exchange upleg property!
Last Agent to Sell the Property
Buckingham Investments, Inc License #01908153 Listed on: 04/22/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 6,255 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 3 Car Garage
Home Design
- 5,912 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 13 Bedrooms
- 12 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Legal Lot and Block 5 / 2
- Tax Tract Number 576
- Assessor Parcel Number 7274022015
Community Details
Overview
- 2 Buildings
- 10 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,043
- Fuel Expense $3,043
- Gardener Expense $2,455
- Insurance Expense $4,104
- Maintenance Expense $9,576
- Pest Control $576
- Professional Management Expense $11,239
- Trash Expense $3,043
- Water Sewer Expense $3,043
- New Taxes Expense $36,188
- Operating Expense $76,772
- Gross Income $4,800
- Net Operating Income $114,754
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2022 06/27/22 | Sold | $2,825,000 | -2.4% | $478 / Sq Ft |
| 04/22/2022 04/22/22 | For Sale | $2,895,000 | +39.9% | $490 / Sq Ft |
| 01/15/2019 01/15/19 | Sold | $2,070,000 | -1.4% | $350 / Sq Ft |
| 08/20/2018 08/20/18 | Pending | -- | -- | -- |
| 08/04/2018 08/04/18 | For Sale | $2,100,000 | +44.8% | $355 / Sq Ft |
| 08/13/2017 08/13/17 | Sold | $1,450,000 | 0.0% | $245 / Sq Ft |
| 08/13/2017 08/13/17 | For Sale | $1,450,000 | -- | $245 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Mark Jensen
eXp Realty of Greater L.A
(562) 208-7500
1 in this area
18 Total Sales
-
N
Seller's Agent in 2019
Nicole Fuentes
E Mortgage Home Loans, Inc.
-
Seller's Agent in 2017
Kimberly Mosley
eXp Realty of California Inc
(562) 961-1460
16 Total Sales
-
B
Buyer's Agent in 2017
Byron Field
Keller Williams Larchmont
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22082677
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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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