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

Sale Details

Date Sold: June 3, 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

9,004 Sq Ft Lot

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
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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
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

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 $14,643 $1,065,410 $710,274 $355,136
2024 $14,031 $1,044,521 $696,348 $348,173
2023 $13,798 $1,024,042 $682,695 $341,347
2022 $12,967 $1,003,963 $669,309 $334,654
2021 $12,694 $984,279 $656,186 $328,093
2020 $12,659 $974,187 $649,458 $324,729
2019 $12,514 $955,086 $636,724 $318,362
2018 $12,103 $936,360 $624,240 $312,120
2016 $8,528 $624,141 $416,094 $208,047
2015 $4,291 $318,848 $185,995 $132,853
2014 $4,291 $312,603 $182,352 $130,251
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16067798

California Regional Multiple Listing Service (CRMLS)
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