$1,850,000 Price Analysis   ♡   Long Beach, CA 90804 10 bed 12 bath 6,067 SqFt ($304/SqFt) 6,448SqFt lot. Built 1991 Listed 2024-03-19, Taxes $5,949 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Modern Fourplex with large units property consists of Two 3 Bedroom 2 1/2 bath tri level units #1 and #4
Roughly 1575 square feet (estimate) and two 2 bedroom 2 1/2 bath units #2 and #3 roughly 1425 square feet (estimate). The Two bedroom units downstairs dining rooms have both been converted into bedrooms so those units are now 3 bedroom units as well. All units have laundry washer hook ups in the kitchen, central heat, recently replaced electrical sub panels, gas fireplaces, Master suites (the 2 bedroom units have dual master suites) & each unit has two patio decks.
All tenants pay their own utilities (electricity, gas & trash) except water & the cost of the trash cntainer rental. This property also has subterranean parking with a motorized entrance gate, the ent rance is in the rear ally, each tenant gets two parking spots. Brand new roof installed December 2022, Unit #1 was recently renovated including new shower stall in one of the bathrooms, new carpet & freshly painted. All units are currently rented. Video Link to unit #1 it was recently renovated & re-rented
Presented by Wes Lambert at
RE MAX College Park Realty.
Property MLS #PW24054603 from CRMLS
Copper Plumbing Full
Sump Pump
Flooring: Carpet, Tile, Vinyl
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
Heating Features: Central
Heating: Yes
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Lot Size Acres: 0.1480257
Lot Size Source: Assessor
Lot Size Square Feet: 6448
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 8
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 3
Total Bathrooms in Unit-3: 3
Total Bathrooms in Unit-4: 3
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2
Gardener Expense: 960.00
Tenant Pays: Electricity, Gas, Trash Collection
Rent Control: Yes
County: Los Angeles
Cap Rate: 4.90
Source Property Type: Residential Income
Inclusions: Stoves
Insurance Expense: 2973.00
Area: 3 - Eastside, Circle Area
Source Neighborhood: Eastside (ES)
New Taxes Expense: 23125.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Parcel Number: 7260019009
Pest Control Expense: 540.00
Postal Code Plus 4: 8156
Subdivision: Eastside (ES)
Trash Expense: 356.00
Walk Score: 90
Zoning: LBR2N
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $285,567 + $125,223 $410,790 | $5,949 |
| 2021 | $279,968 + $122,768 $402,736 | $5,793 |
| 2020 | $277,098 + $121,510 $398,608 | $5,775 |
| 2019 | $271,665 + $119,128 $390,793 | $5,712 |
| 2018 | $266,339 + $116,793 $383,132 | $5,463 |
| 2017 | $261,117 + $114,503 $375,620 | $5,407 |
| 2016 | $255,998 + $112,258 $368,256 | $4,990 |
| 2015 | $252,153 + $110,572 $362,725 | $4,806 |
| 2014 | $247,214 + $108,407 $355,621 | $4,793 |
| 2013 | $246,097 + $107,918 $354,015 | $4,657 |
| 2012 | $241,272 + $105,802 $347,074 | $4,723 |
| 2010 | $230,802 + $103,728 $334,530 | $4,424 |
| 2009 | $229,623 + $103,198 $332,821 | $4,373 |
| 2009 | $229,078 + $102,953 $332,031 | $4,373 |
| 2008 | $225,121 + $101,175 $326,296 | $4,087 |
| 2007 | $220,707 + $99,192 $319,899 | $3,949 |
$1,850,000
CRMLS
Listing removed 2023-12-10
$0
CRMLS
Price Changed 2023-11-30
$1,874,000
CRMLS
Relisted 2023-10-26
$1,899,000
CRMLS
Listing removed 2023-10-14
$0
CRMLS
Relisted 2023-10-13
$1,899,000
CRMLS
Listing removed 2023-09-13
$0
CRMLS
Listed 2023-06-13
$1,899,000
CRMLS
Listing removed 2008-11-11
$990,000
SoCalMLS
Listed 2008-05-16
$990,000
SoCalMLS
Sold 1996-04-30
$258,000
Public Record
Sold 1981-05-07
$71,000
Public Record
Year Built: 1991
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Block, Concrete, Drywall Walls, Stucco
Entry Level: 1
Entry Location: Front door
Foundation Details: Brick/Mortar, Combination, Concrete Perimeter, Pillar/Post/Pier, Raised
Property Age: 33
Property Attached: Yes
Property Condition: Turnkey
Roof: Composition
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Apartment
House Style: Modern
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2666.00
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.