$1,209,000 Price Analysis   ♡   Long Beach, CA 90804 5 bed 4 bath 2,044 SqFt ($591/SqFt) 6,727SqFt lot. Built 1922 Listed 2024-03-06, Taxes $5,661 | Ⓧ USDA Ineligible due to price & location near Long Beach |
Welcome to this charming craftsman-style home
Boasting an updated 3-bedroom, 1.5-bathroom front house. This property is truly unique, featuring two high-income producing 1-bedroom, 1-bathroom units at the back, each occupied by quiet, long-term tenants. Adding to its allure, the back units are situated over four extra-long, separate garage units and a large laundry room. This setup not provides convenience but also offers significant income potential.
Compared to similar properties in the area, this home stands out with its income-producing units, setting it apart as an exceptional investment opportunity. A neighboring property recently sold for a similar price but lacked the additional income-producing units, making this property a rare find in the market. With the option to live comfortably in the front house while generating income from the back units, this proprty offers the perfect blend of lifestyle and investment potential. Don't miss the chance to own this income-generating gem in a highly desirable location. Schedule your viewing today.
Presented by Traloun Song at
Coldwell Banker Realty .
Property MLS #PW24045679 from CRMLS
Heating: Yes
Lot Size Acres: 0.1544307
Lot Size Source: Assessor
Lot Size Square Feet: 6727
Parking Total: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Tenant Pays: Electricity, Gas
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 717.00
Area: 3 - Eastside, Circle Area
Source Neighborhood: Eastside (ES)
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 7258002007
Postal Code Plus 4: 3737
Subdivision: Eastside (ES)
Zoning: LBR2N
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $162,978 + $259,561 $422,539 | $5,661 |
| 2021 | $159,783 + $254,472 $414,255 | $5,539 |
| 2020 | $158,145 + $251,863 $410,008 | $5,524 |
| 2019 | $155,045 + $246,925 $401,970 | $5,461 |
| 2018 | $152,005 + $242,084 $394,089 | $5,252 |
| 2017 | $149,025 + $237,338 $386,363 | $5,196 |
| 2016 | $146,103 + $232,685 $378,788 | $4,832 |
| 2015 | $143,909 + $229,190 $373,099 | $4,645 |
| 2014 | $141,091 + $224,701 $365,792 | $4,626 |
| 2013 | $140,454 + $223,686 $364,140 | $4,487 |
| 2012 | $137,700 + $219,300 $357,000 | $4,557 |
| 2010 | $135,000 + $215,000 $350,000 | $2,278 |
| 2009 | $74,615 + $89,792 $164,407 | $2,247 |
| 2009 | $74,438 + $89,579 $164,017 | $2,247 |
| 2008 | $73,152 + $88,032 $161,184 | $2,099 |
| 2007 | $71,718 + $86,306 $158,024 | $2,031 |
$1,209,000
CRMLS
Listing removed 2024-01-21
$0
CRMLS
Relisted 2023-12-31
$1,209,000
CRMLS
Listing removed 2023-12-13
$0
CRMLS
Price Changed 2023-11-09
$1,209,000
CRMLS
Listed 2023-09-15
$1,259,000
CRMLS
Sold 2010-12-21
$145,000
Public Record
Sold 1996-09-24
$130,000
Public Record
Sold 1989-02-24
$288,000
Public Record
Sold 1980-11-04
$95,000
Public Record
Year Built: 1922
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: street level
Property Age: 102
Property Attached: Yes
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Public Records
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.