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544 E 15th St, Long Beach, CA 90813

$1,630,000
Last sold 12/24/2019 after 225 Days
5
bed
3
bath

House not for sale

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About 544 E 15th St

Property type House

Neighborhood

Year built 1929

HOA fee $0/month

Lot size 6,183 Sqft

Property description

Huge 6,613 square foot adobe style 8 unit building. Unit mix consists of (5) 1-bed/1-bath and (3) 2-bed/1-bath units. The units feature a mixture of hardwood floors, spacious dimensions, and various vintage built-ins and finishes. The building captures the essence of an ideal multifamily investment with great cash flow in an ideal rental market. Offered at over a 5% cap rate, paired with one of the lowest ppsf on the market, this is not an asset to miss!

Listed by

Listing Agent - Christian

Listing Office - Lyon Stahl Investment Real Estate, Inc.

Source: San Diego MLS

MLS#SB19121206 • last updated 6 years ago

Movoto checked San Diego MLS for data 1 minute ago

Overview
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	SB19121206
Lot Size (SqFt)	6183
Year Built	1929

Exterior
Lot Desc	4, 000-7, 499 SF

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

Location
Neighborhood	Poly High (PH)
County	Los Angeles
APN	7269031011
Zoning	LBR2N
Directions	On 15th And Atlantic

Multifamily Details
Unit 2: # Bedrooms	2
Unit 3: # Bedrooms	2
Unit 1: # Total Baths	1
Unit 2: # Total Baths	1
Unit 3: # Total Baths	1
Unit 1: # Bedrooms	1
Unit 2: Actual Rent	1500
Unit 3: Actual Rent	1600
Total # of Units	8
Gross Scheduled Income	130200

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May 2022
Public Records
May 10, 2022 Sold
$2,000,000 (+22.7%)
Dec 2019
Public Records
Dec 24, 2019 Sold
$1,630,000
Dec 2019
MLS # SB19121206
Dec 24, 2019 Sold
$1,630,000
Dec 24, 2019 Sold
$1,630,000 (-2.7%)
Nov 27, 2019 Active
—
Nov 27, 2019 Contingent
—
Sep 26, 2019 Price Change
$1,675,000 (-1.5%)
Aug 16, 2019 Price Change
$1,700,000 (-1.4%)
Aug 13, 2019 Price Change
$1,725,000 (-1.4%)
Jul 15, 2019 Price Change
$1,750,000 (+2.9%)
May 13, 2019 Listed
$1,675,000 (-5.6%)
May 13, 2019 Listed
$1,775,000 (+7.6%)
May 2019
MLS # 15411126
May 23, 2019 Listed
$1,700,000 (+1.5%)
Oct 2017
MLS # 17278400
Oct 3, 2017 Listed
$1,650,000 (+915.4%)
Jul 2001
Public Records
Jul 6, 2001 Sold
$162,500

544 E 15th St
$1.63M
Central Long Beach
$475K -8% y/y
90813
$550K +10% y/y
Long Beach
$699K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
534 E 15th St, Long Beach, CA 90813	$855,000	6/2	1,946	0.01
1487 Atlantic Ave, Long Beach, CA 90813	$776,000	3/2	1,362	0.02
1491 Atlantic Ave, Long Beach, CA 90813	$2,553,000	—/—	6,834	0.02
1475 Atlantic Ave, Long Beach, CA 90813	$690,000	2/1	1,272	0.03
1472 Linden Ave, Long Beach, CA 90813	$754,000	2/2	1,494	0.05
1462 Linden Ave, Long Beach, CA 90813	$794,000	3/1	1,732	0.06
532 E New York St, Long Beach, CA 90813	$770,000	3/2	1,545	0.06
1497 Linden Ave, Long Beach, CA 90813	$651,000	2/1	1,157	0.07

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