$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 tennt occupied, generating $3, 000/month, but will be delivered vacant at closing. This provides flexibility for various strategies, such as redevel opment, leasing or renovation.
Long Beach's dynamic real estate market and 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.