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2465 Pasadena Ave, Long Beach, CA 90806

$1,170,000
Last sold 11/21/2016 after 213 Days
2
bed
4
bath

House not for sale

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About 2465 Pasadena Ave

Property type House

Neighborhood

Year built 1923

HOA fee $0/month

Lot size 6,092 Sqft

Rental estimate

Property description

Recently reduced. Don't miss this opportunity! NO RENT CONTROL INVESTOR'S DELIGHT/RENTS BELOW MARKET VALUE UPSIDE OPPORTUNITY This 10 unit complex with Courtyard style building provides a strong income base for the owner. While this property is cosmetically attractive and convenient to tenants for schools, shopping, and public transportation, it also has an upside for future rent increases. Estimated market value potential increase to $106,200 GSI. The property is well gated at both ends and the courtyard

Listed by

Listing Agent - Charles

Listing Office - Keller Williams Realty

Source: San Diego MLS

MLS#SB16084359 • last updated 6 years ago

Movoto checked San Diego MLS for data 1 minute ago

Overview
Levels/Style	1 Story
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	SB16084359
Lot Size (SqFt)	6092
Year Built	1923

Exterior

Amenities / Utilities
Water Source	Meter On Property
Pool Desc	N/K

Location
Neighborhood	Other (OTHR)
County	Los Angeles
APN	7208009010
Directions	South Of Willow Between Atlantic And Long Beach Blvd Cross Streets: Long Beach Blvd & E Willow St

Multifamily Details
Unit 2: # Bedrooms	1
Unit 1: # Total Baths	1
Unit 2: # Total Baths	1
Unit 3: # Total Baths	1
Unit 4: # Total Baths	1
Unit 1: # Bedrooms	1
Unit 2: Actual Rent	825
Unit 3: Actual Rent	775
Unit 4: Actual Rent	825
# of Units w/Refrigerator	10
Total # of Units	10
# of Units w/Range/Oven	10
Gross Rent Multiplier (Actual)	12.04
Gross Scheduled Income	99600

Rental est.: $2,098/month

• Gross rent multiplier: 46.5

Lower your payment with the loan terms that fit you.

Nov 2016
Public Records
Nov 22, 2016 Sold
$1,170,000
Nov 2016
MLS # SB16084359
Nov 22, 2016 Sold
$1,170,000
Nov 21, 2016 Sold
$1,170,000 (-2.4%)
Oct 6, 2016 Active
—
Aug 11, 2016 Listed
—
Jul 29, 2016 Pending
—
Jul 22, 2016 Listed
—
Jul 7, 2016 Pending
—
Apr 22, 2016 Listed
$1,199,000 (-3.7%)
Apr 22, 2016 Listed
$1,245,000 (+91.5%)
Apr 2007
Public Records
Apr 13, 2007 Sold
$650,000

2465 Pasadena Ave
$1.17M
Central Long Beach
$475K -8% y/y
90806
$830K +10% y/y
Long Beach
$699K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2458 Elm Ave, Long Beach, CA 90806	$560,000	2/1	952	0.03
426 E 25th St, Long Beach, CA 90806	$629,000	3/1	925	0.03
2491 Pasadena Ave, Long Beach, CA 90806	$657,000	2/1	936	0.03
2460 Pasadena Ave, Long Beach, CA 90806	$606,000	2/1	896	0.03
2454 Pasadena Ave, Long Beach, CA 90806	$578,000	2/1	892	0.03
2480 Pasadena Ave, Long Beach, CA 90806	$642,000	3/2	1,165	0.04
2482 Elm Ave, Long Beach, CA 90806	$660,000	2/1	983	0.04
2431 Pasadena Ave, Long Beach, CA 90806	$630,000	2/2	1,107	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.