NOT LISTED FOR SALE
7 Beds
6 Baths
4,868 Sq Ft
9,004 Sq Ft Lot

Last Sold June 03, 2016

Last sale price $900,000 $185 Per Sq Ft

Highlights

  • 9,004 Sq Ft lot
  • Property is near public transit
  • Landscaped
  • Long Beach Polytechnic High School Rated A
  • Lawn
  • 1-minute walk to Miracle On Fourth Street Park

About This Home

As of June 2016

5 unit property consists of 3 bed 2 bath SFR & 4 plex, all 1 bed 1 bath units. 5 garages.

Last Agent to Sell the Property

Nicholas Cotton

Keller Williams Coastal Prop. License #01179001 Listed on: 04/01/2016

Last Buyer's Agent

Cheryl Cotton

Y Realty License #00860384

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 9,004 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Backyard Sprinklers
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 4,868 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5765
  • Assessor Parcel Number 7275007003

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $683
  • Insurance Expense $2,280
  • Maintenance Expense $2,646
  • Pest Control $510
  • Professional Management Expense $5,054
  • Water Sewer Expense $1,669
  • New Taxes Expense $11,875
  • Gross Income $5,650
  • Net Operating Income $42,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 5054.00
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1669.00
  • Property Type: Residential Income
  • Gardener Expense: 683.00
  • Parcel Number: 7275007003
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 184.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Sprinklers: Yes
  • Pest Control Expense: 510.00
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 0-1 Unit/Acre, Level, Lawn, Landscaped, Level with Street, Paved, Sprinklers Manual, Sprinklers In Rear, Sprinkler System, Near Public Transit
  • Lot Size Sq Ft: 9004.00
  • Price Per Lot Square Foot: 99.96

Multi Family

  • Gross Income: 5650.00
  • Gross Scheduled Income: 67800.00
  • Insurance Expense: 2280.00
  • Maintenance Expense: 2646.00
  • Net Operating Income: 42800.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 25000.00
  • Rent Control: No
  • Total Actual Rent: 5650.00

Tax Info

  • New Taxes Expense: 11875.00
  • Tax Lot: 6
  • Tax Tract Number: 5765

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 Change Sq Ft Price
06/03/2016 06/03/16 Sold $900,000 -5.3% $185 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $950,000 -- $195 / 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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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16067798

California Regional Multiple Listing Service (CRMLS)