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1746 E 10th St, Long Beach, CA 90813
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1746 E 10th St Long Beach, CA 90813

$1,815,000 Sold Price as of 06/25/2019
  • 12 Beds
  • 8 Baths
  • 5,811 Sq.Ft.
Sold
$1,815,000 Sold Price as of 06/25/2019 Refinance Your Mortgage
Map preview of 1746 E 10th St, Long Beach, CA 90813

Property Overview: 1746 E 10th St Long Beach, CA has 12 bedrooms, 8 bathrooms, 5,811 living square feet and 4,248 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1746 E 10th Street is a seven-unit stabilized asset with an additional bonus studio unit in the highly desirable Eastside rental market of Long Beach, just minutes to shopping, dining and nightlife amenities along Fourth Street/Retro Row. The property features bright and open floor plans with an attractive mix of five two-bedroom/one-bath units, two one-bedroom/one-bath units and one non-conforming studio unit. Building improvements include a brand new roof and ABS plumbing installed in 2018. The building is separately metered for gas and electric, and three separate garages provide additional income potential. With a 5.80% cap rate and 11.43 GRM on actuals, this property presents buyers with a strong stabilized asset with 11% rental upside in a solid rental submarket. The area surrounding Rose Circle Park, known for its enclave of desirable 1910- 1922 Craftsman Bungalows, has developed into a bustling, walkable neighborhood offering many dining, nightlife and retail amenities. Eclectic and hip Fourth Street Retro Row is a popular destination for its selection of vintage and contemporary clothing, furniture, and art antiques as well as locally-owned restaurants, coffee shops and wine bars.

Listed by Robert Stepp | BRE #01456379 | Keller Williams Pacific Estate
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 88

Home details

Lot Sq. Ft
4,248
HOA Dues
$0/mo
Year built
1964
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19045640
City
Long Beach
County
Los Angeles
Time on Site
1521 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,263
  • Total Rent: $1,263
  • Pro Forma/Market Rent: $1,265
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,260
  • Total Rent: $2,519
  • Pro Forma/Market Rent: $1,525
Unit Breakdown 3
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,890
  • Total Rent: $9,450
  • Pro Forma/Market Rent: $2,025
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $159,684
  • Net Operating Income: $105,936
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $45,764
  • Electric: $1,200
  • Gas/Fuel: $1,200
  • Licenses: $500
  • New Taxes: $23,254
  • Trash: $1,200
  • Insurance: $2,324
  • Maintenance: $5,200
  • Professional Management: $7,585
  • Water/Sewer: $1,200
  • Other Expenses: $1,600
  • Other Expense Description: Reserves

Property Details for 1746 E 10th St

Interior Features
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Ceiling Fan(s), Granite Counters, Open Floorplan, Unfurnished
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 7267017016
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Rose Park
  • Directions: E 10th St & Rose Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1746 E 10th St

Last sold on January 5th, 2021

  • January, 2021

  • Jan 5, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Leased

    CRMLS: RS20021855

    $1,799

    Price

  • Jan 31, 2020

    Date

    Active

    CRMLS: RS20021855

    $1,799

    Price

  • Listing provided courtesy of CRMLS

    This charming two bedroom one bath upstairs apartment located in a gated building features a full kitchen with ample cabinet space and new granite counter tops, gas stove, sleek wood vinyl flooring. Enjoy an extra large living area with, large windows equipped with blinds. Enjoy spacious closets and fresh paint throughout. Garage available for additional $100 per month.

  • June, 2019

  • Jun 25, 2019

    Date

    Sold

    CRMLS: PW19045640

    $1,815,000

    Price

  • May 28, 2019

    Date

    Pending

    CRMLS: PW19045640

    $1,825,000

    Price

  • Apr 10, 2019

    Date

    Price Change

    CRMLS: PW19045640

    $1,825,000

    Price

  • Mar 1, 2019

    Date

    Active

    CRMLS: PW19045640

    $1,900,000

    Price

  • June, 2019

  • Jun 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,815,000

    Price

Show More

Tax History for 1746 E 10th St

Assessed Value (2020): $1,851,300
Year Land Value Improved Value Assessed Value
2020 $1,224,000 $627,300 $1,851,300

Home Value Compared to the Market

This property vs the competition

1746 E 10th St sold on June 25, 2019 for 122.83% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $314.06 per/sqft which puts the price per square foot 49.99% lower than the current median sale per square foot for the city of Long Beach.

About 1746 E 10th St

Detailed summary of property

1746 E 10th St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 5,811 living square feet, and sits on an approximately 4,248 square foot lot. 1746 E 10th St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,815,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 122.83% higher than the current median priced home. Local homes that are currently for sale include 3009 E 3rd St, 219 E 10th St and 1761 Redondo Ave. While the average home in Long Beach, CA is selling in 62 days, 1746 E 10th St has a days on market of 88 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1746 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 1746 E 10th St

Public county record property details
Beds
12
Baths
7
Year built
1964
Sq. Ft.
5,811
Lot Size
4,248
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7267-017-016

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
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), 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.

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