$1,300,000 Price Analysis   ♡   Long Beach, CA 90810 Unknown bed None bath 4,104 SqFt ($316/SqFt) 6,534SqFt lot. Built 1976 Listed 2024-04-10, Taxes $8,982 | Ⓧ USDA Ineligible due to price & location near Long Beach |
1520 West 20th Street is a 4-unit multifamily investment property located in Long Beach
* No Longer For Sale *
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CA. 1520 West 20th Street features exclusively roomy three-bedroom floor plans and offers property amenities including gated pedestrian access, security doors and carport parking. Additionally, each unit features in-unit laundry hookups (tenants supply the machines). The tenants are responsible to pay for electricity and trash. The landlord is responsible to pay for water and sewer. Furthermore, current ownershp has invested significant capital into the property, with 1 fully renovated unit, 2 partially renovated units and a new roof for the carport structure.
Situated in Westside Long Beach, 1520 West 20th Street benefits from its close proximity to parks, schools and major transportation routes. The property offers walkable access to highly desirable area amenities for families including Cabrillo High School and Admiral Kidd Park. Additionally, 1520 West 20th Streets close proximity to Interstate 710 provides convenient access to the Ports of Long Beach and Los Angeles, two major employment hubs for the region. Furthermore, the property is located over 2 miles from the plethora of retail, dining and entertainment options in Downtown Long Beach. 1520 West 20th Street is available for purchase separately or in conjunction with 1526 West 20th Street.
Presented by Tyler Leeson at
Marcus & Millichap Re Invest.
Property MLS #OC24070912 from CRMLS
Parking Total: 4
Lot Size Acres: 0.15
Lot Size Source: Assessor
Lot Size Square Feet: 6534
Maintenance Expense: 2800.00
County: Los Angeles
Cap Rate: 5.53
Other Expense: 3464.00
Source Property Type: Residential Income
Insurance Expense: 5000.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
New Taxes Expense: 16176.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 7431020026
Postal Code Plus 4: 4053
Trash Expense: 443.00
Zoning: LBR2N
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $428,726 + $247,852 $676,578 | $8,982 |
| 2021 | $420,320 + $242,993 $663,313 | $8,785 |
| 2020 | $416,011 + $240,502 $656,513 | $8,761 |
| 2019 | $407,854 + $235,787 $643,641 | $8,661 |
| 2018 | $399,857 + $231,164 $631,021 | $8,343 |
| 2017 | $392,017 + $226,632 $618,649 | $8,256 |
| 2016 | $384,331 + $222,189 $606,520 | $7,662 |
| 2015 | $378,558 + $218,852 $597,410 | $7,363 |
| 2014 | $371,143 + $214,565 $585,708 | $7,326 |
| 2013 | $369,466 + $213,596 $583,062 | $7,106 |
| 2012 | $362,222 + $209,408 $571,630 | $7,219 |
| 2010 | $355,120 + $205,302 $560,422 | $6,851 |
| 2009 | $353,304 + $204,253 $557,557 | $6,806 |
| 2009 | $352,466 + $203,768 $556,234 | $6,806 |
| 2008 | $346,377 + $200,249 $546,626 | $6,346 |
| 2007 | $339,586 + $196,323 $535,909 | $6,174 |
$1,300,000
CRMLS
Listing removed 2024-04-20
$0
CRMLS
Listed 2024-04-10
$1,300,000
CRMLS
Listed 2024-04-03
$2,600,000
CRMLS
Sold 2003-09-18
$505,000
Public Record
Sold 1991-10-23
$320,000
Public Record
Sold 1983-12-30
$5,323,000
Public Record
Year Built: 1976
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First level
Property Age: 48
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 444.00
Water Source: Public
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.