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183 E Pleasant St, Long Beach, CA 90805
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183 E Pleasant St Long Beach, CA 90805

$550,000 Sold Price as of 06/01/2021
  • 2 Beds
  • 2 Baths
  • 988 Sq.Ft.
Sold
$550,000 Sold Price as of 06/01/2021 Refinance Your Mortgage
Map preview of 183 E Pleasant St, Long Beach, CA 90805

Property Overview: 183 E Pleasant St Long Beach, CA has 2 bedrooms, 2 bathrooms, 988 living square feet and 2,035 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One unit may be delivered vacant at close! Perfect starter duplex only 2 blocks North of Bixby Knolls. Two 1 bed, 1 bath units with a 2 car attached garage and an onsite laundry room between units. New roof installed in 2017. Granite counters in kitchens. Units are clean and rented close to market, but with a 9% upside remaining for future cash flow. Super low expense building with no landscaping to water. Only one block from Dooley Elementary School and national retailers at Long Beach Blvd and Del Amo. Cash flow right at close to start your rental portfolio.

Listed by Anthony Walker | BRE #01908153 | Buckingham Investments, Inc
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
2,035
HOA Dues
$0/mo
Year built
1956
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21031470
City
Long Beach
County
Los Angeles
Time on Site
1174 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,320
  • Total Rent: $1,320
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,425
  • Total Rent: $1,425
  • Pro Forma/Market Rent: $1,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.5%
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $32,940
  • Net Operating Income: $19,391
  • Gross Operating Income: $32,493
  • Vacancy Allowance: $1,647
  • # of Rented Garages: 2
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $13,102
  • Electric: $1,289
  • Gas/Fuel: $548
  • New Taxes: $6,863
  • Trash: $474
  • Insurance: $800
  • Maintenance: $1,625
  • Water/Sewer: $1,504

Property Details for 183 E Pleasant St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 7133003015
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: North side of street, 1 block East of Long Beach Blvd
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 183 E Pleasant St

Last sold for $550,000 on June 1st, 2021

  • June, 2021

  • Jun 3, 2021

    Date

    Sold

    CRMLS: SB21031470

    $550,000

    Price

  • Apr 28, 2021

    Date

    Active Under Contract

    CRMLS: SB21031470

    $549,000

    Price

  • Feb 16, 2021

    Date

    Active

    CRMLS: SB21031470

    $549,000

    Price

  • December, 2017

  • Dec 6, 2017

    Date

    Sold

    CRMLS: 17284708

    $401,200

    Price

  • Nov 4, 2017

    Date

    Pending

    CRMLS: 17284708

    $379,000

    Price

  • Oct 28, 2017

    Date

    Active

    CRMLS: 17284708

    $379,000

    Price

  • Listing provided courtesy of CRMLS

    Great income property in North Long Beach. Long Beach Blvd. and Del Amo Blvd. Tandem unit duplex. 100% rented. Each Unit: 1 bed/1 bath, 494 sq. ft. Oven/range and refrigerator included; one unit with built-in microwave. Ceiling fans. 1-car attached garage. Coin-operated laundry onsite. Appointment only. Do not disturb tenants.

  • December, 2017

  • Dec 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $401,500

    Price

  • January, 2005

  • Jan 21, 2005

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

Show More

Tax History for 183 E Pleasant St

Assessed Value (2020): $417,408
Year Land Value Improved Value Assessed Value
2020 $208,080 $209,328 $417,408

Home Value Compared to the Market

This property vs the competition

183 E Pleasant St sold on June 1, 2021 for 31.37% 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 $555.67 per/sqft which puts the price per square foot 12.08% lower than the current median sale per square foot for the city of Long Beach.

About 183 E Pleasant St

Detailed summary of property

183 E Pleasant St is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 988 living square feet, and sits on an approximately 2,035 square foot lot. 183 E Pleasant St was first listed on ArdentRealEstateGroup.com on February 16, 2021. The homeowner sold the property for $550,000. 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 31.37% lower than the current median priced home. Local homes that are currently for sale include 220 W Colden Ave, 731 E 84th St and 845 E 80th St. While the average home in Long Beach, CA is selling in 54 days, 183 E Pleasant St has a days on market of 71 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 183 E Pleasant St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 183 E Pleasant St

Public county record property details
Beds
2
Baths
2
Year built
1956
Sq. Ft.
988
Lot Size
2,034
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2106
APN
7133-003-015

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$679,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
64
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

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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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