2122 E 10th St, Long Beach, CA 90804
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2122 E 10th St Long Beach, CA 90804

$1,180,000 Sold Price as of 04/20/2021
  • 11 Beds
  • 6 Baths
  • 3,658 Sq.Ft.
Sold
$1,180,000 Sold Price as of 04/20/2021 Refinance Your Mortgage

Map preview of 2122 E 10th St, Long Beach, CA 90804

Property Overview: 2122 E 10th St Long Beach, CA has 11 bedrooms, 6 bathrooms, 3,658 living square feet and 3,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a wonderful investment property with income upside that is waiting to be maximized. Ideally situated in Long Beach – East-side neighborhood, this secure 4plex has been upgraded inside and enjoys reliable, long-term tenants. The seller has invested in beautifully updating three of the units so this could be a great opportunity for a resident-owner plus it offers upside with future rental increases. The units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two of the units have garages and each pays its own electricity and gas. One of the units has laundry in the garage. Ideally located near DTLB, the Zaferia district and close to CSULB, LBCC, the beach, public transportation and the freeways, this property has broad appeal so you will never have vacancies.

Listed by Costanza Genoese Zerbi | BRE #01941438 | Redfin Corporation
Last checked: 2 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
3,250
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21007325
City
Long Beach
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,265
  • Total Rent: $1,265
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,911
  • Total Rent: $1,911
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,745
  • Total Rent: $1,745
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,815
  • Total Rent: $1,815
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $81,488
  • Net Operating Income: $63,453
  • Gross Operating Income: $81,488
Annual Expense Breakdown
  • Total Operating Expense: $18,036
  • Electric: $160
  • New Taxes: $15,000
  • Trash: $1,623
  • Gardener: $160
  • Insurance: $1,500
  • Maintenance: $2,600
  • Professional Management: $5,185
  • Water/Sewer: $2,234

Property Details for 2122 E 10th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7262010002
  • Year Built Source: Assessor
  • 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: Junipero Gardens (JPG)
  • Directions: between St Louis Ave and Dawson Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 2122 E 10th St

Last sold for $1,180,000 on April 20th, 2021
  • January, 2022

  • Jan 26, 2022

    Date

    Expired

    CRMLS: PF21238535

    $1,874,000

    Price

  • Dec 1, 2021

    Date

    Active

    CRMLS: PF21238535

    $1,874,000

    Price

  • Listing provided courtesy of CRMLS

    VACANT 4plex investment property waiting to be maximized! Located in Long Beach desirable- East-side neighborhood, This secure 4plex has just been renovated in 2021 with all new modern finishes. All units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two of the units have garages and each pays its own electricity. One of the units has laundry in the garage. Ideally located near DTLB, the Zaferia district and close to CSULB, LBCC, the beach, public transportation and the freeways, this property has broad appeal so you will never have vacancies.

  • April, 2021

  • Apr 20, 2021

    Date

    Sold

    CRMLS: PW21007325

    $1,180,000

    Price

  • Mar 14, 2021

    Date

    Active Under Contract

    CRMLS: PW21007325

    $1,199,990

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: PW21007325

    $1,199,990

    Price

  • February, 2017

  • Feb 22, 2017

    Date

    Sold

    CRMLS: PW17005322

    $820,000

    Price

  • Feb 9, 2017

    Date

    Pending

    CRMLS: PW17005322

    $830,000

    Price

  • Jan 17, 2017

    Date

    Active Under Contract

    CRMLS: PW17005322

    $830,000

    Price

  • Jan 12, 2017

    Date

    Active

    CRMLS: PW17005322

    $830,000

    Price

  • Listing provided courtesy of CRMLS

    Ideal 4plex in EastSide that is well maintained and features a metal security door entrance for all units. Rare 4/2, 1/1, 3/1 and 3/2. All 4 units are currently rented with no rent control. Many upside potential. The building has been well maintained with 2 covered single garages. Garage door replaced recently. Touch up pain was made through the property. Upkeeping and improvement, maintenance and repair were made continuously through out the property. One unit qualified for go green program offered by City of Long Beach. Tenants pay their own utility.Great walkability and location, less than one block to supermarket chain store as well as near by cafes, coffee shops, retail stores , bakeries and much more.DRIVE-BY ONLY. Please do not go on property or disturb tenants. Closet to Downtown Long Beach, Alamitos Bay, Beach and enjoy easy acess to local freeways and public transportation. Buyer to cooperate with Sellers 1031 with no cost to buyer.

  • February, 2017

  • Feb 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $820,000

    Price

  • September, 2016

  • Sep 2, 2016

    Date

    Sold (Public Records)

    Public Records

    $740,000

    Price

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Tax History for 2122 E 10th St

Assessed Value (2020): $870,609
Year Land Value Improved Value Assessed Value
2020 $477,543 $393,066 $870,609

Home Value Compared to the Market

This property vs the competition

2122 E 10th St sold on April 20, 2021 for 50% higher 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 $328.05 per/sqft which puts the price per square foot 48.09% lower than the current median sale per square foot for the city of Long Beach.

About 2122 E 10th St

Detailed summary of property

2122 E 10th St is a fourplex that recently sold in Long Beach, CA 90804. This fourplex offered 11 bedrooms, 6 bathrooms, roughly 3,658 living square feet, and sits on an approximately 3,250 square foot lot. 2122 E 10th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,180,000. 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 50% higher than the current median priced home. Local homes that are currently for sale include 1967 Atlantic Ave, 1033 Prospect Ave and 1044 Cedar Ave. While the average home in Long Beach, CA is selling in 51 days, 2122 E 10th St has a days on market of 58 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 2122 E 10th St Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2122 E 10th St

Public county record property details
Beds
11
Baths
6
Year built
1963
Sq. Ft.
3,658
Lot Size
3,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7262-010-002

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$509,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
54
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 2122 E 10th St

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.