$725,000 Price Analysis   ♡   Long Beach, CA 90805 1 bed 1 bath 616 SqFt ($1176/SqFt) 4,648SqFt lot. Built 1923 Listed 2024-06-10, Taxes $2,163 | Ⓧ USDA Ineligible due to location near Long Beach |
This investment opportunity is one of two adjacent properties in Long Beach.
The property is tenant occupied, generating $3, 000/month, but will be delivered vacant at closing. This provides flexibility for various stratgies, such as redevelopment, leasing or renovation.
Long Beach's dynamic real estate market an d diverse community makes this property promising investment with significant potential. Acquiring both properties together maximizes investment benefits and streamlines management. Other property for sale is 1909 E. 59th St (APN: 7123-013-008).
Presented by Ramiro Rivas at
The Agency.
Property MLS #P1-18003 from CRMLS
Full Bathrooms: 1
Heating: Yes
Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Front Porch
Lot Size Source: Assessor
Lot Size Square Feet: 4648
County: Los Angeles
Directions: West of Cherry Ave
Source Property Type: Residential
Area: 7 - North Long Beach
Source Neighborhood: 7 - North Long Beach
Parcel Number: 7123013009
Postal Code Plus 4: 4328
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $68,050 + $87,741 $155,791 | $2,163 |
| 2021 | $66,716 + $86,021 $152,737 | $2,116 |
| 2020 | $66,032 + $85,139 $151,171 | $2,111 |
| 2019 | $64,738 + $83,470 $148,208 | $2,086 |
| 2018 | $63,469 + $81,834 $145,303 | $1,997 |
| 2017 | $62,225 + $80,230 $142,455 | $1,976 |
| 2016 | $61,005 + $78,657 $139,662 | $1,843 |
| 2015 | $60,089 + $77,476 $137,565 | $1,772 |
| 2014 | $58,912 + $75,959 $134,871 | $1,767 |
| 2013 | $58,646 + $75,616 $134,262 | $1,715 |
| 2012 | $57,497 + $74,134 $131,631 | $1,740 |
| 2010 | $56,370 + $72,681 $129,051 | $1,655 |
| 2009 | $56,082 + $72,310 $128,392 | $1,639 |
| 2009 | $55,949 + $72,138 $128,087 | $1,639 |
| 2008 | $54,983 + $70,893 $125,876 | $1,528 |
| 2007 | $53,905 + $69,503 $123,408 | $1,486 |
$725,000
CRMLS
Sold 1987-04-10
$61,500
Public Record
Sold 1985-01-31
$115,000
Public Record
Year Built: 1923
Common Walls: No Common Walls
Living Area Source: Assessor
Property Age: 101
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor
Water Source: Public
Map directions Map directions Map directions Map directions
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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.