4231 East. 10th St., Long Beach, CA 90804 - TR20199381 - iPro Real Estate
iPro Real Estate

iPro Real Estate

4231 East. 10th St.
Long Beach, CA 90804

Active, Multi-Family/Income Sale

For Sale

$2,400,000 $507.61 per sqft

Free Professional CMA

Listing ID : TR20199381

  • Lot Size

    4,728 Sqft
  • Year

    1989

Description

Rare opportunity to acquire a steady 100% rental occupancy (4.44% Cap Rate; value-add with strong occupancy trend), 6-unit townhouse-style 2-bedroom/2-bath units including in-unit washer/dryer built in 1989. Building entrance gate with security camera for enhanced access control and security in a prime Long Beach submarket, and great proximity to Wilson High School and Cal State Long Beach and adjacent to nearby entertainment amenities such as The Hangar at Long Beach Exchange and 2ND & PCH.

Details

Type: Multi-Family/Income Sale 
Subdivision: 3 - Eastside, Circle Area 
County: Los Angeles 
Tax ID: 7241007027
Cap Rate: 4.44% 
Days on Market: 309 
Amenities: Other 
Kitchen: Other 
Laundry: Gas Hookup, In Kitchen, Other, Stacked Only, Washer 
Number of Buildings: 1 
Number of Units: 6 
Parking Spaces: 9 
Property Type: Commercial Sale 
Water: District - Public 

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Interactive

33.779205 -118.142967 $2,400,000 TR20199381
4231 East. 10th St., Long Beach, CA 90804
Directions to here from:

Local Statistics

Area Information 90804

Population:

40,582 Up .01% since 2010
Average Income:
$59,006
Average Age:
30Years
Gender:
48.7%Male
51.3%Female
Households:
14,59934.53% with children
Average Value:
$605,304
Occupancy:
20.88%Owned
79.12%Rented
8.27%Vacant
Education:
15.47%High School
9.33%Associate
17.14%Bachelor
7.9%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
12.87Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

History

Date Transaction Price Mortgage Amt & Lender
Date
Jun 08, 2021
Transaction
Active - Commercial Multi-Residential (5+ units)CRTR20199381
Price
$2,400,000
Mortgage Amt & Lender
- -
Date
May 25, 2017
Transaction
Expired - Commercial Multi-Residential (5+ units)CRP512288
Price
$1,649,000
Mortgage Amt & Lender
- -
Date
May 25, 2017
Transaction
Sold - Commercial Multi-Residential (5+ units)CRP483009
Price
$1,200,000
Mortgage Amt & Lender
- -
Date
May 25, 2017
Transaction
Sold - Commercial Multi-Residential (5+ units)CRP843883
Price
$1,275,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Wan Hsu with Golden Key Realty Corporation

Based on information from the MLSListings MLS) as of 8/1/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 8/1/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes