$2,700,000 Price Analysis   ♡   Long Beach, CA 90810 25 bed 10 bath 8,264 SqFt ($326/SqFt) 9,334SqFt lot. Built 1964 Listed 2024-06-27, Taxes $26,347 | Ⓧ USDA Ineligible due to price & location near Long Beach |
1980 Harbor Ave is a 10-unit apartment located in Long Beach
Operating at a 6% Cap and a 10.6 GRM! Built in 1964, the Harbor Ave. apartment is a garden style building surrounding a courtyard. Situated on a 9, 350 Sq.Ft lot, the property offers an incredible unit mix of (5) Three-Bedroom/One-Bathroom units and (5) Two-Bedroom/One-Bathroom units.
There are a to tal of (14) parking spaces, with (7) single car Garages on-site and additional room to park another car behind each space. Tenants feature on-site laundry. This building has been well maintained by ownership and offers immediate rental upside t the new buyer.
Presented by Parker Boehle at
NorthMarq Realty Services, Inc.
Property MLS #OC24131764 from CRMLS
Lot Size Acres: 0.2142792
Lot Size Source: Assessor
Lot Size Square Feet: 9334
Parking Total: 7
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 3
Bedrooms in Unit-7: 3
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 2
Bedrooms in Unit-10: 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
Total Bathrooms in Unit-10: 1
Unit-1 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
Unit-8 Garage Spaces: 1
County: Los Angeles
Cap Rate: 6.01
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 10
Number of Separate Gas Meters: 10
Number of Separate Water Meters: 1
Parcel Number: 7431022016
Zoning: LBR2N
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $998,618 + $1,051,178 $2,049,796 | $26,347 |
| 2021 | $901,427 + $772,651 $1,674,078 | $21,796 |
| 2020 | $892,184 + $764,729 $1,656,913 | $21,737 |
| 2019 | $874,691 + $749,735 $1,624,426 | $21,484 |
| 2018 | $857,541 + $735,035 $1,592,576 | $20,859 |
| 2017 | $840,727 + $720,623 $1,561,350 | $20,639 |
| 2016 | $657,700 + $692,300 $1,350,000 | $17,082 |
| 2015 | $584,600 + $615,400 $1,200,000 | $14,954 |
| 2014 | $584,600 + $615,400 $1,200,000 | $15,157 |
| 2013 | $584,600 + $615,400 $1,200,000 | $14,762 |
| 2012 | $475,000 + $500,000 $975,000 | $12,678 |
| 2010 | $475,000 + $500,000 $975,000 | $12,334 |
| 2009 | $757,701 + $649,458 $1,407,159 | $17,018 |
| 2009 | $475,000 + $500,000 $975,000 | $17,018 |
| 2008 | $742,845 + $636,724 $1,379,569 | $15,858 |
| 2007 | $728,280 + $624,240 $1,352,520 | $15,441 |
$2,700,000
CRMLS
Sold 2019-03-18
$1,950,000
Public Record
Listing removed 2019-02-20
$2,200,000
CRMLS
Listing removed 2019-02-19
$0
CRMLS
Price Changed 2019-02-07
$2,200,000
CRMLS
Price Changed 2019-01-24
$2,600,000
CRMLS
Listed 2019-01-10
$2,800,000
CRMLS
Sold 2005-04-01
$1,300,000
Public Record
Sold 1994-04-12
$290,000
Public Record
Sold 1989-06-26
$515,000
Public Record
Year Built: 1964
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 60
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
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.