$1,195,000 Price Analysis   ♡   Long Beach, CA 90810 Unknown bed None bath 3,250 SqFt ($367/SqFt) 3,618SqFt lot. Built 1962 Listed 2024-05-01, Taxes $4,541 | Ⓧ USDA Ineligible due to price & location near Long Beach |
1830 W Willow Street is a 3
* No Longer For Sale *
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250 SF 6-Unit property on a 3, 618 SF lot in Long Beach. The property consists of all 1-Bed/1-Bath units and there is immediate upside with (3) current vacancies. Currently operating at a CAP rate of 5.39% with Market CAP of 6.21%, this property provides any investor solid cashflow with potential for upside via upgrades and rent increases.
It is also strategically located in the up-and-coming neighborhood of West Long Beach, offering easy access to the Retail and Restaurants on Willow Street and a short drve to Downtown Long Beach With its premier location, current income and immediate upside, 1830 W Willow Street is an outstanding opportuni ty for investors looking for a value-add opportunity in the Harbor Area.
Presented by Brett Lyon at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24086970 from CRMLS
Lot Size Acres: 0.0830579
Lot Size Source: Assessor
Lot Size Square Feet: 3618
Maintenance Expense: 5365.00
County: Los Angeles
Other Expense: 5100.00
Source Property Type: Residential Income
Insurance Expense: 4036.00
Area: 11 - Westside
Source Neighborhood: 11 - Westside
New Taxes Expense: 15918.00
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 7402003002
Postal Code Plus 4: 3038
Professional Management Expense: 5880.00
Zoning: LBCCR
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $256,773 + $39,546 $296,319 | $4,541 |
| 2021 | $251,739 + $38,771 $290,510 | $4,421 |
| 2020 | $249,158 + $38,374 $287,532 | $4,409 |
| 2019 | $244,273 + $37,622 $281,895 | $4,357 |
| 2018 | $239,484 + $36,885 $276,369 | $4,204 |
| 2017 | $234,789 + $36,162 $270,951 | $4,158 |
| 2016 | $230,186 + $35,453 $265,639 | $3,869 |
| 2015 | $226,729 + $34,921 $261,650 | $3,730 |
| 2014 | $222,288 + $34,237 $256,525 | $3,736 |
| 2013 | $221,284 + $34,083 $255,367 | $3,632 |
| 2012 | $216,946 + $33,415 $250,361 | $3,677 |
| 2010 | $212,693 + $32,760 $245,453 | $3,502 |
| 2009 | $211,606 + $32,594 $244,200 | $3,442 |
| 2009 | $211,104 + $32,516 $243,620 | $3,442 |
| 2008 | $207,457 + $31,955 $239,412 | $3,210 |
| 2007 | $203,390 + $31,329 $234,719 | $3,099 |
$1,000,000
CRMLS
Listed 2024-05-01
$1,195,000
CRMLS
Year Built: 1962
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 62
Property Attached: Yes
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
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.