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164 E Eagle St #S-1-4, Long Beach, CA 90806
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164 E Eagle St #S-1-4 Long Beach, CA 90806

$1,525,000 Sold Price as of 11/22/2021
  • 12 Beds
  • 4 Baths
  • 4,032 Sq.Ft.
Sold
$1,525,000 Sold Price as of 11/22/2021 Refinance Your Mortgage
Map preview of 164 E Eagle St #S-1-4, Long Beach, CA 90806

Property Overview: 164 E Eagle St #S-1-4 Long Beach, CA has 12 bedrooms, 4 bathrooms, 4,032 living square feet and 4,099 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: There are a ton of great income properties out there, but the income of 126 E. Eagle soars high above the rest. This 4-unit building has one of the highest income potentials of any small apartment building on the market, generating over $115,000 annually . The property has a great unit composition of four 3 Bedroom / 1 Bathroom units, each with over 1,000 SF. Eliminate the stress of whether the tenants are going to pay their rent, as these rents are guaranteed by the Housing Authority of Long Beach, who routinely inspects to ensure the property is being cared for.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Caleb Baldwin | BRE #02056751 | Sage Real Estate
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft
4,099
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW21155480
City
Long Beach
County
Los Angeles
Time on Site
1080 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,954
  • Total Rent: $1,954
  • Pro Forma/Market Rent: $2,735
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,735
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,546
  • Total Rent: $2,546
  • Pro Forma/Market Rent: $2,735
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,735
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.15%
  • Gross Rent Multiplier: 13.6
  • Gross Scheduled Income: $117,600
  • Net Operating Income: $88,200
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $35,280
  • Licenses: $500
  • New Taxes: $20,000
  • Trash: $1,200
  • Insurance: $2,400
  • Maintenance: $2,400
  • Professional Management: $7,056
  • Water/Sewer: $1,500
  • Other Expenses: $224
  • Other Expense Description: Misc

Virtual Tour

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Property Details for 164 E Eagle St #S-1-4

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Inside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7208014009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Wrigley Area (WR)
  • Directions: Exit the 710 onto East W. Willow ST., go south on Pacific, then east on E. Eagle St. and the property will be on your right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Rural, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 164 E Eagle St #S-1-4

Last sold for $1,525,000 on November 22nd, 2021

  • October, 2021

  • Oct 13, 2021

    Date

    Active Under Contract

    CRMLS: PW21155480

    $1,600,000

    Price

  • Jul 17, 2021

    Date

    Active

    CRMLS: PW21155480

    $1,600,000

    Price

  • July, 2008

  • Jul 22, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2006

  • Apr 7, 2006

    Date

    Sold (Public Records)

    Public Records

    $830,000

    Price

Show More

Tax History for 164 E Eagle St #S-1-4

Assessed Value (2020): $971,601
Year Land Value Improved Value Assessed Value
2020 $598,730 $372,871 $971,601

Home Value Compared to the Market

This property vs the competition

164 E Eagle St #S-1-4 sold on November 22, 2021 for 79.37% higher than the current median sold price for the city of Long Beach which is $892,000. The median sold price per/sqft for Long Beach is $659 and this home is sold at $396.83 per/sqft which puts the price per square foot 39.78% lower than the current median sale per square foot for the city of Long Beach.

About 164 E Eagle St #S-1-4

Detailed summary of property

164 E Eagle St #S-1-4 is a fourplex that recently sold in Long Beach, CA 90806. This fourplex offered 12 bedrooms, 4 bathrooms, roughly 4,032 living square feet, and sits on an approximately 4,099 square foot lot. 164 E Eagle St #S-1-4 was first listed on ArdentRealEstateGroup.com on July 17, 2021. The homeowner sold the property for $1,525,000. Home in Long Beach are selling for a median price of $892,000 and a median price per square foot of $659. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 79.37% higher than the current median priced home. Local homes that are currently for sale include 4134 E Jacinto Way, 246 E Hullett St and 7020 Schroll St. While the average home in Long Beach, CA is selling in 52 days, 164 E Eagle St #S-1-4 has a days on market of 89 days. There are currently 711 homes for sale in the Long Beach real estate market and 397 of them are single family homes while 292 of them are condos and 22 are townhomes. For more information on this home for sale at 164 E Eagle St #S-1-4 Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 164 E Eagle St #S-1-4

Public county record property details
Beds
12
Baths
4
Year built
1905
Sq. Ft.
4,032
Lot Size
4,099
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
7208-014-009

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$920,000
Median Sold Price/Sq.Ft.
$805
Total Inventory
15
Median Sale to List Price %
97.87%
Avg Days on Market
14
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 164 E Eagle St #S-1-4

201 E Eagle St, Long Beach, CA 90806
$775,000 Last Sold Price
5 Beds
2 Baths
1976 Sq.Ft.
201 E Eagle St
Long Beach, CA 90806
223 E Eagle St, Long Beach, CA 90806
$617,000 Last Sold Price
3 Beds
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1549 Sq.Ft.
223 E Eagle St
Long Beach, CA 90806
2325 N Earl Ave, Long Beach, CA 90806
$1,385,000 Last Sold Price
10 Beds
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2325 N Earl Ave
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2301 Earl Ave, Long Beach, CA 90806
$599,000 Last Sold Price
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6 Baths
-- Sq.Ft.
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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.

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