$2,145,000 Price Analysis   ♡   Long Beach, CA 90803 7 bed 3 bath 3,012 SqFt ($712/SqFt) 3,059SqFt lot. Built 1925 Listed 2024-04-27, Taxes $16,585 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Welcome to this charming Spanish-style Tri-plex with character and modern updates
Nestled in a prime location near 2nd Street. The First unit boasts 3 bedrooms and 1 bathroom, featuring pleasing built-ins, wood flooring, a faux fireplace and a convenient garage and additional parking space. The Second unit offers 2 bedrooms and 1 bathroom, showcasing an updated kitchen and bathroom with luxury laminate flooring and private patio. The Third unit, a brand new build, features 2 bedrooms and 1 bathroom wth a stunning kitchen and bathroom design. Luxury vinyl flooring and new HVAC.
All units have been beautifully updated to include private laundry facilities and stainless steel appliances. The property has 2 new electrical pannels and 3 new tankless hot water heaters, ensuring efficiency and convenience for tenants and owner. Tenants are responsible for all utilities; except water and trash, this provides low owner maintenance while co llecting top market rent. With minimal vacancy and a strong CAP Rate of 5.5%, this Tri-plex offers an excellent investment opportunity. Experience the abundance of 2nd location, Spanish architecture combined with modern amenities, making this property a standout choice for investors and renters alike.
Presented by Candice Blair at
Coldwell Banker Realty.
Property MLS #OC24084448 from CRMLS
Beamed Ceilings
Block Walls
Ceiling Fan(s)
Crown Molding
Granite Counters
Track Lighting
Door Features: French Doors, Sliding Doors
Flooring: Laminate, Vinyl, Wood
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
Appliances YN: Yes
Laundry Features: Dryer Included, Inside, Stackable, Washer Included
Fireplace Features: Family Room, Decorative
Heating Features: Ductless, Wall Furnace
Heating: Yes
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Size Acres: 0.070225
Lot Size Source: Assessor
Lot Size Square Feet: 3059
Parking Total: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
Gardener Expense: 960.00
Tenant Pays: Cable TV, Electricity, Gas, Telephone
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3024.00
Area: 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hr
Source Neighborhood: Belmont Shore (BSD)
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 7247001024
Pest Control Expense: 396.00
Postal Code Plus 4: 3164
Subdivision: Belmont Shore (BSD)
Zoning: LBR2S
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $475,000 + $880,000 $1,355,000 | $16,585 |
| 2021 | $298,864 + $927,510 $1,226,374 | $15,051 |
| 2020 | $295,800 + $918,000 $1,213,800 | $15,012 |
| 2019 | $290,000 + $900,000 $1,190,000 | $14,836 |
| 2018 | $105,189 + $85,306 $190,495 | $2,678 |
| 2017 | $103,127 + $83,634 $186,761 | $2,650 |
| 2016 | $101,105 + $81,995 $183,100 | $2,452 |
| 2015 | $99,587 + $80,764 $180,351 | $2,360 |
| 2014 | $97,637 + $79,182 $176,819 | $2,353 |
| 2013 | $97,196 + $78,825 $176,021 | $2,285 |
| 2012 | $95,291 + $77,280 $172,571 | $2,319 |
| 2010 | $93,423 + $75,765 $169,188 | $2,203 |
| 2009 | $92,946 + $75,378 $168,324 | $2,179 |
| 2009 | $92,725 + $75,199 $167,924 | $2,179 |
| 2008 | $91,124 + $73,900 $165,024 | $2,035 |
| 2007 | $89,338 + $72,451 $161,789 | $1,970 |
$2,145,000
CRMLS
Listed 2024-04-27
$2,195,000
CRMLS
Listing removed 2023-09-04
$4,200
CRMLS
Listed for rent 2023-08-08
$4,200
CRMLS
Listing removed 2023-03-03
$4,200
CRMLS
Sold 2021-09-28
$1,355,000
CRMLS
Sold 2018-07-27
$1,190,000
CRMLS
Listing removed 2018-06-15
$1,190,000
CRMLS
Listing removed 2018-06-14
$1,190,000
CRMLS
Listed 2018-06-14
$1,190,000
SanDiegoMLS
Listed 2018-06-14
$1,190,000
CRMLS
Listed 2018-06-14
$1,190,000
CRMLS
Price Changed 2018-03-22
$1,190,000
CRMLS
Price Changed 2018-03-22
$1,190,000
CRMLS
Listed 2018-02-06
$1,240,000
CRMLS
Listed 2018-02-02
$1,240,000
CRMLS
Sold 1976-10-08
$92,000
Public Record
Year Built: 1925
Building Features: 1
Common Walls: No Common Walls
Construction Materials: Asphalt
Entry Level: 1
Entry Location: Front
Foundation Details: Raised
Property Age: 99
Property Condition: Turnkey
Roof: Flat, Tile
Building Total Stories: 2
Structure Type: Triplex
House Style: Spanish
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 624.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
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The 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.