$2,300,000 Price Analysis   ♡   Long Beach, CA 90810 19 bed 9 bath 7,318 SqFt ($314/SqFt) 9,768SqFt lot. Built 1905 Listed 2024-05-17, Taxes $8,656 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Introducing this unique investment property 1548 W.
19th St. and 1550 W. 19th St. in the city of Long Beach. This includes two separate buildings. 1548 W. 19th, built in 1958, features 8 units, : 2 bedrooms and 1 bath each. The bathrooms have ben updated. Second detached building (1550 W. 19th St.) is a single family residence (2 story) that has 3 bedrooms and 1 bath.
One bedroom is located downstairs and the upstairs has a small loft and 2 bedrooms. The total building square footage is 7, 318. The lot size is 9, 768 sf. The property also features 7 single car garages, laundry room, newer double pane windows, covered patio and small garden area. This property has plenty of potent ial.
Presented by Suzy Salcido at
Realty One Group Empire.
Property MLS #EV24098087 from CRMLS
Heating: Yes
Road Frontage Type: Private Road
Lot Size Acres: 0.2242424
Lot Size Source: Assessor
Lot Size Square Feet: 9768
Parking Features: Parking YN: Yes, Parking Features: Garage
Parking Total: 7
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Bedrooms in Unit-7: 2
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Bathrooms in Unit-9: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1
Rent Control: Yes
County: Los Angeles
Cap Rate: 3.20
Source Property Type: Residential Income
Insurance Expense: 11770.00
Area: 11 - Westside
Source Neighborhood: Westside/South of Willow (WSW)
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Number of Separate Water Meters: 1
Parcel Number: 7431029003
Postal Code Plus 4: 4002
Subdivision: Westside/South of Willow (WSW)
Trash Expense: 3250.00
Zoning: LBR2N
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $376,663 + $202,388 $579,051 | $8,656 |
| 2021 | $369,278 + $198,420 $567,698 | $8,428 |
| 2020 | $365,492 + $196,386 $561,878 | $8,404 |
| 2019 | $358,326 + $192,536 $550,862 | $8,308 |
| 2018 | $351,300 + $188,761 $540,061 | $7,998 |
| 2017 | $344,412 + $185,060 $529,472 | $7,914 |
| 2016 | $337,659 + $181,432 $519,091 | $7,338 |
| 2015 | $332,588 + $178,707 $511,295 | $7,071 |
| 2014 | $326,074 + $175,207 $501,281 | $7,072 |
| 2013 | $274,697 + $133,704 $408,401 | $5,871 |
| 2012 | $269,311 + $131,083 $400,394 | $5,943 |
| 2010 | $264,031 + $128,513 $392,544 | $5,659 |
| 2009 | $262,681 + $127,857 $390,538 | $5,563 |
| 2009 | $262,058 + $127,553 $389,611 | $5,563 |
| 2008 | $257,531 + $125,350 $382,881 | $5,196 |
| 2007 | $252,482 + $122,893 $375,375 | $5,007 |
$2,300,000
CRMLS
Sold 1995-12-19
$57,500
Public Record
Year Built: 1905
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 119
Property Attached: Yes
Roof: Shingle
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 4871.00
Electricity Connected
Natural Gas Connected
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.