NOT LISTED FOR SALE

Long Beach, CA 90805

14 Beds
7 Baths
10,740 Sq Ft
0.35 Acres

Last Sold March 11, 2019

Last sale price $2,700,000 $251 Per Sq Ft

31 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room
  • Tile Flooring
  • Granite Countertops
  • Laundry Room
  • Wall Furnace

About This Home

As of March 2019

Subject property is a 14-unit of all 2 bedroom/1bathroom situated on a huge lot of 15,266 square foot with 10,740 square foot building, and 16 gated parking space respectively. All units are 100% occupied with no rent control. Renovations include new decking, new decorative iron gate & handrail, new roof, some units were upgraded with new kitchen/bathroom cabinet with granite countertop and vinyl windows, exterior landscaping with King palms & sprinkler system. Great investment property with many potentials...Drive-by only. Do not disturb tenants. Thank you.

Last Agent to Sell the Property

Julieanne Lam Phan

Phan Property Management License #01218721 Listed on: 01/11/2019

Last Buyer's Agent

Matt Mahowald

Buckingham Investments, Inc License #02001732

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.35 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 10,740 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Granite Countertops
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7130024015

Community Details

Building Details

  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $187,344

Additional Features

  • 14 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Other Phone Description: 714-655-1434
  • Other Phone Number: 714-655-1434
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7130024015
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 251.40
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 15266.00
  • Lot Size Acres: 0.3505

Multi Family

  • Gross Income: 187344.00
  • Gross Operating Income: 187344.00
  • Gross Scheduled Income: 187344.00
  • Lot Size Area: 15266.0000 Square Feet
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5716.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Range of Values:

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List Price
Sold Price
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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
03/11/2019 03/11/19 Sold $2,700,000 -3.6% $251 / Sq Ft
02/03/2019 02/03/19 Price Changed $2,800,000 -12.5% $261 / Sq Ft
01/11/2019 01/11/19 For Sale $3,200,000 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julieanne Lam Phan

    Phan Property Management

    (714) 655-1434

    10 Total Sales

    Julieanne Lam Phan
    Section Image
  • Matt Mahowald

    Buyer's Agent in 2019

    Matt Mahowald

    Buckingham Investments, Inc

    (310) 982-7055

    28 Total Sales

    Matt Mahowald
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19008853

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach

90805

This home since 11 January 2019. This property was built in 1962. This home is a home located in Los Angeles County with nearby schools including Jane Addams Elementary School, Lindbergh STEM Academy, and Jordan High School.

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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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