$1,299,000 Price Analysis   ♡   Long Beach, CA 90805 5 bed 4 bath 3,884 SqFt ($334/SqFt) 5,964SqFt lot. Built 1942 Listed 2024-06-13, Taxes $12,097 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Great opportunity for first-time investors
Savvy investors and not to forget buyers who are looking to offset their mortgage with rental income. This income producing property includes 4 total units consisting of 3 one-bedroom | one-bath units and 1 two-story, two-bedroom | one and a half-bath unit.
There are also approved plans and permits for an ADU to be built inside one of the garages that could add an estimated additional $20K of annual income. Some construction has already been done. Property also features a laundry room, separate gas electric meters and parking. Prperty has a tremendous amount of upside.
Presented by Travionte Session at
1917 Brokerage.
Property MLS #24-403679 from TheMLSCLAW
Full Bathrooms: 4
Laundry Features: Laundry Area
Fireplace Features: Living Room
Heating Features: Wall Gas
Garage Spaces: 2
Garage Description: Converted Garage, Garage - 2 Car, Driveway - Concrete
Parking Total: 4
Lot Size Acres: 0.1369146
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5964
Gross Income: 81600
Tenant Pays: Gas, Electric, Cable TV
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1800, 2 BedsTotal: 2, 2 BathsTotal: 1.5, 2 SquareFeet: 2650, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1800, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1800
Map directions Map directions Map directionsDouble Door Entry
Source Listing Status: Active
County: Los Angeles
Directions: West on South from Atlantic Right turn on Locust Left Turn on Hulllett
Source Property Type: Residential Income
Area: North Long Beach
Source Neighborhood: North Long Beach
Owner Pays: Gardener, Water
Parcel Number: 7125-030-011
Property Location: City
Zoning: LBR1N
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $633,798 + $309,170 $942,968 | $12,097 |
| 2021 | $621,371 + $303,108 $924,479 | $11,844 |
| 2020 | $615,000 + $300,000 $915,000 | $11,813 |
| 2019 | $344,054 + $155,794 $499,848 | $6,869 |
| 2018 | $337,308 + $152,740 $490,048 | $6,623 |
| 2017 | $330,695 + $149,746 $480,441 | $6,554 |
| 2016 | $324,211 + $146,810 $471,021 | $6,081 |
| 2015 | $319,342 + $144,605 $463,947 | $5,847 |
| 2014 | $313,087 + $141,773 $454,860 | $5,823 |
| 2013 | $311,673 + $141,133 $452,806 | $5,651 |
| 2012 | $305,562 + $138,366 $443,928 | $5,737 |
| 2010 | $299,571 + $135,653 $435,224 | $5,448 |
| 2009 | $298,040 + $134,960 $433,000 | $5,403 |
| 2009 | $297,333 + $134,640 $431,973 | $5,403 |
| 2008 | $292,197 + $132,314 $424,511 | $5,040 |
| 2007 | $286,468 + $129,720 $416,188 | $4,896 |
$1,299,000
TheMLSCLAW
Sold 2022-03-29
$1,135,000
CRMLS
Sold 2019-08-13
$915,000
CRISNET
Sold 2002-09-16
$385,000
Public Record
Sold 2000-09-12
$262,000
Public Record
Year Built: 1942
Direction Faces: North
Entry Location: Main Level
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 82
Property Condition: Updated/Remodeled
Roof: Clay
Levels or Stories: 2
Building Total Stories: 2
House Style: Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: Bungalow
Security Features: Gated
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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.