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244 PROSPECT, Long Beach, CA 90803
244 PROSPECT, Long Beach, CA 90803
244 PROSPECT, Long Beach, CA 90803
244 PROSPECT, Long Beach, CA 90803
Listing courtesy of: Kurt Schneiter, Maverick Apartment Investments
For Sale (MLS-listed)
$845,000

244 PROSPECT Long Beach, CA 90803

Beds: 4
Baths: 3
Sq. Ft.: 1,884
$/Sq. Ft.: $449
Lot Size: -
Property Type:Multi-Family
Style:Craftsman
Year Built: 1923
Community: Belmont Heights/Alamitos Heights
County: Los Angeles
MLS#: P708907
Source: SoCalMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 26 days
Well Maintained Triplex on a great street in Belmont Heights. The property has a Two bedroom One Bath house in front with (2) One Bedroom One Bath Units in the back. There are 5 garage parking spaces. Each unit has its own Washer/Dryer. All units are in good condition. All leases are currently Month to Month. Perfect for an owner user. Current unused space above garage was once used as an illegal unit.

Parking Information

  • # of Parking Spaces (Total): 5

Property Features

  • ADA Compliant

Unit 2 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Monthly Rent: $1,200
  • Monthly Rent (Total): $1,200

Property Information

  • Land Lease Type: Fee
  • Square Footage Source: Public Records
  • Tax Parcel Number: 7250009003
  • Legal Disclosures: Real Estate Owned

Listing Information

  • MLS: SoCalMLS
  • Listing Terms: Cash To New Loan

Building Information

  • Ground Level Entry (With Steps)
  • Stucco Exterior
  • Builders Tract Name: Belmont Heights
  • Builders Tract Code: BH

Multi-Family Information

  • # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1

Unit 3 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,395
  • Monthly Rent (Total): $1,395

Financial Information

  • Capitalization Rate (%): 4.15
  • Net Operating Income: $35,046
  • Monthly Gross Income: $4,470
  • Actual Gross Annual Income: $53,460
  • Gross Scheduled Income: $53,460
  • Actual Annual Gross Rent: $53,460
  • Gross Rent Multiplier: 15.81
  • No Private Transfer Taxes

Listing Co-Agent

  • First Name: AJ
  • Last Name: Nay

Community Features

  • Units in Complex (Total): 3

Unit 1 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Monthly Rent: $1,920
  • Monthly Rent (Total): $1,920

Location Information

  • Cross Streets: Prospect & Vista
  • Driving Directions: North of Vista on Prospect.
  • Legal Tract #: 13
  • Legal Lot #: 2

Expense Information

  • Actual Annual Vacancy: $3
  • Insurance: $1,000
  • Maintenance: $1,800
  • Operating: $16,985
  • Other: $1,200
  • Tax: $10,985
  • Water: $2,000

Listing Co-Office

  • Name: Maverick Apartment Investments

Listing last changed

October 29, 2009, 10:23 AM

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Property History for 244 PROSPECT

Date Event Price Appreciation Source
Oct 29, 2009 Sold (Public Records) $845,000 -1.6%/yr Public Records
Oct 29, 2009 Listed $845,000 -- SoCalMLS #P708907
Sep 16, 2004 Sold (Public Records) $920,000 -- 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 244 PROSPECT

Beds: 4
Baths: 3.0
Finished Sqft: 1884
Unfinished Sqft: -
Total Sqft: 1884
Floors: -
Lot Size: 6,347
Style: Multi-Family (2-4 Unit)
Year Built: 1923
Year Renovated: -
County: Los Angeles County
APN: 7250009003
Last Updated: November 19, 2009

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

Property Tax

Taxable Value
Land $649,458
Additions $346,377
Total $995,835
Tax (2009) $10,717

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