$1,350,900 Price Analysis   ♡   Long Beach, CA 90805 4 bed 7 bath 3,520 SqFt ($383/SqFt) 3,496SqFt lot. Built 1954 Listed 2024-05-14, Taxes $10,442 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Highly desired area!
Contemporary industrial and wharehouse buildings being build near by at 5860 Paramount Blvd, 5880 Paramount Blvd, 5910 Cherry Ave which will include over 500 permanent jobs near by. This gated property is located in Long Beach near Bixby Knolls area with plenty of restaurants and local shopping. It is a 4-plex with two studio units and two units with 2 bedrooms with one having 2 bathrooms and the other with 1 bathroom with his/her sink. Property gross revenue annually $91, 972. Monthly utilities (water, gas, electric, trash) varies about $900 month. Utilities runs on 1 meter and divided up by tenants. Property has parking in the back for 4 vehicles and a 2 car garage with a total of 6 potential parking. The units had some updated in 2017 and 2018 with 3 of the units having laminate floor.
Unit A and Unit D are pictures from 2018. Potential to make the garage into an ADU Unit #A - 2 bedrooms and 1 bath with duble sink , has Central Air Unit #B- Studio with a separate kitchen Unit #C- Studio with large closet and bathroom, Unit #D-2 bedroom and 2 bathroom with large living room and 2 car garage and small patio area, has Central Air Disclosure We obtained the following information above from sources we believe to be reliable. However we have not verified it accuracy and make no guarantee, warranty, representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions , prior sale, lease or financing or withdraw without notice. We include projections, opinions , assumptions or estimates for example and they are not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigations of the property and transaction this includes price/unit, Price/SF, Cap rate and GRM are based on total price of the sale.
Presented by Aneta A. Handian at
Equity Union.
Property MLS #SR24097306 from CRMLS
Appliances YN: Yes
Laundry Features: Common Area
Heating Features: Central, Wall Furnace
Heating: Yes
Lot Size Acres: 0.0802571
Lot Size Source: Public Records
Lot Size Square Feet: 3496
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1733.00
Area: 7 - North Long Beach
Source Neighborhood: North Long Beach (NLB)
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 7123014019
Subdivision: North Long Beach (NLB)
Trash Expense: 118.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $321,660 + $482,490 $804,150 | $10,442 |
| 2021 | $315,353 + $473,030 $788,383 | $10,218 |
| 2020 | $312,120 + $468,180 $780,300 | $10,191 |
| 2019 | $306,000 + $459,000 $765,000 | $10,075 |
| 2018 | $300,000 + $450,000 $750,000 | $9,782 |
| 2017 | $172,059 + $73,726 $245,785 | $3,714 |
| 2016 | $168,686 + $72,281 $240,967 | $3,444 |
| 2015 | $166,153 + $71,196 $237,349 | $3,320 |
| 2014 | $162,899 + $69,802 $232,701 | $3,301 |
| 2013 | $162,163 + $69,487 $231,650 | $3,208 |
| 2012 | $158,984 + $68,125 $227,109 | $3,249 |
| 2010 | $155,867 + $66,790 $222,657 | $3,091 |
| 2009 | $155,071 + $66,449 $221,520 | $3,042 |
| 2009 | $154,703 + $66,291 $220,994 | $3,042 |
| 2008 | $152,031 + $65,147 $217,178 | $2,837 |
| 2007 | $149,050 + $63,870 $212,920 | $2,737 |
$1,350,900
CRMLS
Listed 2024-05-14
$1,400,000
CRMLS
Sold 2017-12-13
$750,000
Public Record
Listing removed 2017-08-02
$949,000
CRMLS
Price Changed 2017-06-27
$949,000
CRMLS
Listed 2017-05-30
$1,000,000
CRMLS
Sold 1982-03-26
$135,000
Public Record
Year Built: 1954
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: street
Property Age: 70
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records
Electric Expense: 6705.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2984.00
Electricity Available
Electricity Connected
Natural Gas Available
Natural Gas Connected
Phone Available
Sewer Available
Sewer Connected
Water Available
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.