NOT LISTED FOR SALE
3 Beds
5 Baths
3,558 Sq Ft
3,573 Sq Ft Lot

Sale Details

Date Sold: March 10, 2016

Last sale price $965,000 $271 Per Sq Ft

19 Days on Market

Highlights

  • 0.08 Acre Lot
  • Traditional Architecture
  • Neighborhood Views
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • Built-In Features

About This Home

As of March 2016

Well maintained income property in great rental location. The building consists of 5 units, one studio, three 1 bedroom, one 2 bedroom all with 1 bath. The building still maintains the vintage charm with hard wood floors, built ins, and charming baths with tile floors and built ins. There is one garage at the end of a long driveway currently rented to one unit. The building has a 10 year old roof. The laundry has new coin operated machines.

Last Agent to Sell the Property

Steven Nottingham

Keller Williams Pacific Estate License #01720641 Listed on: 12/03/2015

Keller Williams Pacific Estate

Last Buyer's Agent

Loree Scarborough

Compass License #01257913

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 3,573 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,558 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Neighborhood Views
  • Laundry in unit

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Assessor Parcel Number 7265001013

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $2,000
  • Trash Expense $1,000
  • Water Sewer Expense $200
  • New Taxes Expense $11,875
  • Gross Income $4,650
  • Net Operating Income $54,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

3,573 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Water Sewer Expenses: 200.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7265001013
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 271.22

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Size Sq Ft: 3573.00
  • Price Per Lot Square Foot: 270.08
  • Lot Size Acres: 0.0820

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 4650.00
  • Gross Scheduled Income: 58440.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 3573.0000 Square Feet
  • Net Operating Income: 54700.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 3740.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11875.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/10/2016 03/10/16 Sold $965,000 +1.6% $271 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $950,000 -- $267 / 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 $15,410 $1,142,360 $799,060 $343,300
2024 $14,747 $1,119,962 $783,393 $336,569
2023 $14,497 $1,098,003 $768,033 $329,970
2022 $13,610 $1,076,474 $752,974 $323,500
2021 $13,331 $1,055,367 $738,210 $317,157
2020 $13,296 $1,044,546 $730,641 $313,905
2019 $13,140 $1,024,065 $716,315 $307,750
2018 $12,794 $1,003,986 $702,270 $301,716
2016 $5,891 $457,083 $319,965 $137,118
2015 $5,664 $450,218 $315,159 $135,059
2014 $5,648 $441,400 $308,986 $132,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15257225

California Regional Multiple Listing Service (CRMLS)
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