3249 E 15th Street

    Long Beach, CA 90804
    • $2,350,000
    • STATUS: Pending
    • ON SITE: 176 days
    • ID#: OC18123822
    Pending
    $2,350,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,768
      SQFT
    • $407
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    3249 East 15th Street, an 8-unit multifamily investment property located in Long Beach, one of the premiere housing markets in Southern California. Situated on a 0.16-acre lot, the 5,768 square foot property consists of two-bedroom floor plans averaging over 720 square feet. Built in 1986, the property offers amenities including gated pedestrian and vehicle access, gated covered parking, private balconies, and on-site laundry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T00:31:45.633. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/83948661

    3249 E 15th Street Long Beach, CA 90804

    • Price: $2,350,000
    • Status: Pending
    • ID#: OC18123822
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,768
    SQFT
    $407
    $/SQFT
    1986
    Built
    Neighborhood:
    Eastside (Es)
    County:
    Los Angeles
    Area:
    3 - Eastside, Circle Area
    Property Description
    3249 East 15th Street, an 8-unit multifamily investment property located in Long Beach, one of the premiere housing markets in Southern California. Situated on a 0.16-acre lot, the 5,768 square foot property consists of two-bedroom floor plans averaging over 720 square feet. Built in 1986, the property offers amenities including gated pedestrian and vehicle access, gated covered parking, private balconies, and on-site laundry.
    Exterior Features

    Carport Spaces 8.00 Garage Spaces 0.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Acres Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community Levels Three Or More

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 967.50 Elevation Units Feet Fuel Expense 967.50 Gross Income 157700.00 Gross Operating Income 153029.00 Gross Scheduled Income 157700.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Maintenance Expense 4800.00 Net Operating Income 105895.00 New Construction YN No New Taxes Expense 29864.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Number Of Units Leased 8 Operating Expense 47134.00 Other Expense 3600.00 Other Expense Description Other Professional Management Expense 3000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Eastside (Es) Total Actual Rent 12975.00 Total Expenses 47134.00 Trash Expense 967.50 Vacancy Allowance Rate 3.00 Water Sewer Expense 967.50 Water Source Public Year Built Source Assessor Zoning Lbr2n

    Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T00:31:45.633. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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