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1620 East 2ND St, Long Beach, CA 90802
Listing courtesy of: Martin Stone, Buckingham Investments
For Sale (MLS-listed)
$1,699,000

1620 East 2ND St Long Beach, CA 90802

Beds: 13
Baths: 8
Sq. Ft.: 8,497
$/Sq. Ft.: $200
Lot Size: 8,246 Sq. Ft.
Property Type:Multi-Family
Style:Spanish
Year Built: 1927
Community: Belmont Heights/Alamitos Heights
County: Los Angeles
MLS#: P710131
Source: SoCalMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 17 days
OWNER WILL CONSIDER WRAPPING EXHISTING LOAN OR CARRYING SOME PAPER! . .. Property is a gorgeous Spanish 8-unit just two blocks from the beach. Great mix includes 5 x 2 bdrm/ 1 ba units and 3 x 1 bdrm/ 1 ba units + 5 single car garages. Hardwood floors, upgraded kitchens, original molding, beautiful landscaping, and more. Property is subject to inspection, please drive by only. Tenants unware of sale. NOTE: OWENER WILLING TO BE CREATIVE WITH FINANCING.

Parking Information

  • # of Parking Spaces (Total): 5
  • Garage is Attached

Property Features

  • Other

Unit 2 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,675
  • Monthly Rent (Total): $1,675

Unit 5 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,075
  • Monthly Rent (Total): $1,075

Unit 8 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,550
  • Monthly Rent (Total): $1,550

Property Information

  • Land Lease Type: Fee
  • Square Footage Source: Public Records
  • Tax Parcel Number: 7265013008

Building Information

  • Ground Level Entry (No Steps)
  • Other Exterior (See Remarks)
  • Builders Tract Name: Alamitos Heights
  • Builders Tract Code: AH

Multi-Family Information

  • # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 9

Unit 3 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,500
  • Monthly Rent (Total): $1,500

Unit 6 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,075
  • Monthly Rent (Total): $1,075

Lot Information

  • Lot Size (Sq. Ft.): 8,246
  • Lot Size Source: Public Records

Financial Information

  • Monthly Gross Income: $11,175
  • Actual Gross Annual Income: $134,100
  • Gross Scheduled Income: $134,100
  • Actual Annual Gross Rent: $134,100
  • Gross Rent Multiplier: 12.67
  • No Private Transfer Taxes

Community Features

  • Units in Complex (Total): 8

Unit 1 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,650
  • Monthly Rent (Total): $1,650

Unit 4 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,500
  • Monthly Rent (Total): $1,500

Unit 7 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,050
  • Monthly Rent (Total): $1,050

Location Information

  • Cross Streets: 2nd Street and Gaviota
  • Driving Directions: Property is on south side of 2nd Street between Gaviota and Falcon. Just 2 blocks from the ocean.
  • Tax Area: 5500
  • Legal Block #: 65
  • Legal Lot #: 8

Listing Information

  • MLS: SoCalMLS
  • Listing Terms: Cash
  • Listing Terms: Cash To Existing Loan
  • Listing Terms: Cash To New Loan
  • Listing Terms: Owner May Carry
  • Listing Terms: Owner Will Carry

Listing last changed

November 6, 2009, 1:07 PM

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Property History for 1620 East 2ND St

Date Event Price Appreciation Source
Nov 06, 2009 Listed $1,699,000 -- SoCalMLS #P710131
Oct 21, 2003 Sold (Public Records) $1,550,000 48.8%/yr Public Records
Oct 28, 2002 Sold (Public Records) $1,050,000 -- Public Records

NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.

Public Facts for 1620 East 2ND St

Beds: 13
Baths: 8.0
Finished Sqft: 8497
Unfinished Sqft: -
Total Sqft: 8497
Floors: -
Lot Size: 8,246
Style: Multi-Family (5+ Unit)
Year Built: 1927
Year Renovated: -
County: Los Angeles County
APN: 7265013008
Last Updated: November 19, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $1,026,794
Additions $684,528
Total $1,711,322
Tax (2009) $18,845

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