1060 E 10Th St, Long Beach, CA 90813
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1060 E 10Th St Long Beach, CA 90813

$400,000 Sold Price as of 07/13/2022
  • 0 Beds
  • 1 Baths
  • 400 Sq.Ft.
Sold
$400,000 Sold Price as of 07/13/2022 Refinance Your Mortgage

Map preview of 1060 E 10Th St, Long Beach, CA 90813

Property Overview: 1060 E 10Th St Long Beach, CA has -- bedrooms, 1 bathrooms, 400 living square feet and 4,749 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property may be sold individually or as part of a 4 parcel, 13,779 lot square foot portfolio for $1,500,000. Highly visible signalized intersection with a day-to-day traffic count of 20,800 cars. Full portfolio includes 4 contiguous lots with potential to build up to 22 residential units plus an additional 3 ADU's. Strong income in place while waiting for entitlements at a 4.3% cap rate. View full portfolio offering memorandum in the supplemental documents. This property is comprised of a 400 square foot free-standing restaurant on a 4749 square foot lot. The restaurant building is leased for $2750 month to month.

Listed by Anthony Walker | BRE #01908153 | Buckingham Investments, Inc
Last checked: 10 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
4,749
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Business
Status
Sold
MLS#
SB22039691
City
Long Beach
County
Los Angeles
Time on Site
809 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $2,750
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1060 E 10Th St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 7274023002
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On corner of 10th and alamitos
View more facts & features

Local Long Beach Agent

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Sale History for 1060 E 10Th St

Last sold for $400,000 on July 13th, 2022
  • March, 2022

  • Mar 23, 2022

    Date

    Active Under Contract

    CRMLS: SB22039691

    $300,000

    Price

Tax History for 1060 E 10Th St

Assessed Value (2020): $38,278
Year Land Value Improved Value Assessed Value
2020 $20,601 $17,677 $38,278

Home Value Compared to the Market

This property vs the competition

1060 E 10Th St sold on July 13, 2022 for 62.5% lower than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $750 per/sqft which puts the price per square foot 18.67% higher than the current median sale per square foot for the city of Long Beach.

About 1060 E 10Th St

Detailed summary of property

1060 E 10Th St is a business that recently sold in Long Beach, CA 90813. This business offered -- bedrooms, 1 bathrooms, roughly 400 living square feet, and sits on an approximately 4,749 square foot lot. 1060 E 10Th St was first listed on ArdentRealEstateGroup.com on March 1, 2022. The homeowner sold the property for $400,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 62.5% lower than the current median priced home. While the average home in Long Beach, CA is selling in 51 days, 1060 E 10Th St has a days on market of 22 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1060 E 10Th St Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1060 E 10Th St

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
400
Lot Size
4,749
Stories
1
Type
Take-Out Restaurant (Food Preparation)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,19-20
APN
7274-023-002

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$570,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
34
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.