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4130 E 10Th St, Long Beach, CA 90804
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4130 E 10Th St Long Beach, CA 90804

$2,495,000
  • 0 Beds
  • 10 Baths
  • 3,480 Sq.Ft.
For Sale
$2,495,000 Get Pre-Qualified
Map preview of 4130 E 10Th St, Long Beach, CA 90804

Property Overview: 4130 E 10Th St Long Beach, CA has -- bedrooms, 10 bathrooms, 3,480 living square feet and 5,864 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered for gas and electricity and has an in-place RUBS program. The property is located nearby to Recreation Park Golf Course and Colorado Lagoon which offer various outdoor activities. Additionally, the property is located less than two (2) miles to California State University Long Beach, which has a student population of 37,500 and employed faculty of 2,000. 4130 E. 10th Street provides a new owner with strong in-place cash flow with the opportunity to remodel the remaining four (4) units.

Listed by Robert Stepp | BRE #01456379 | Keller Williams - Santa Monica
Last checked: 11 minutes ago | Last updated: March 18th, 2024 | Source CRMLS | DOM: 392
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Home details

Lot Sq. Ft
5,864
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW23051127
City
Long Beach
County
Los Angeles
Time on Site
401 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,468
  • Total Rent: $14,680
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $186,451
  • Net Operating Income: $108,477
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $72,485
  • Electric: $4,000
  • Gas/Fuel: $4,000
  • Licenses: $1,000
  • New Taxes: $31,182
  • Trash: $4,000
  • Gardener: $2,760
  • Insurance: $3,400
  • Maintenance: $7,000
  • Professional Management: $8,143
  • Water/Sewer: $4,000
  • Other Expenses: $3,000
  • Other Expense Description: Reserves

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Property Details for 4130 E 10Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 10
  • Parcel Number: 7254019001
  • 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: Belmont Heights (BH)
  • Directions: Ximeno Ave & E 10th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 4130 E 10Th St

Last sold for $1,830,000 on July 30th, 2021

  • March, 2023

  • Mar 28, 2023

    Date

    Active

    CRMLS: PW23051127

    $2,695,000

    Price

  • July, 2021

  • Jul 31, 2021

    Date

    Sold

    CRMLS: PW21109761

    $1,830,000

    Price

  • Jul 30, 2021

    Date

    Pending

    CRMLS: PW21109761

    $1,575,000

    Price

  • Jun 7, 2021

    Date

    Active Under Contract

    CRMLS: PW21109761

    $1,575,000

    Price

  • May 29, 2021

    Date

    Active

    CRMLS: PW21109761

    $1,575,000

    Price

  • Listing provided courtesy of CRMLS

    FIRST TIME ON MARKET IN OVER 30 YEARS. 4130 E 10TH STREET IS A WELL-MAINTAINED 10 UNIT BREAD & BUTTER BUILDING LOCATED JUST BLOCKS FROM RECREATION PARK, MAKING IT CLOSE TO CSULB, BUSLINES, SHOPS AND RESTURANTS! THE BUILDING CONSIST OF TEN STUDIO APARTMENTS. THERE IS A SMALL PARKING LOT THAT IS SET UP TO ALLOW SEVEN VEHICLES. MOST OF THE TENANTS ARE LONG TERM TENANTS. CURRENT RENTAL RATES ARE CONSIDERABLY BELOW MARKET. OWNER BELIEVES THAT TENANTS OCCUPY THEIR UNITS ON A MONTH-TO-MONTH BASIS. ALL UTILITY SERVICES ARE ON MASTER METERS COVERING ALL APARTMENTS.

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Tax History for 4130 E 10Th St

Assessed Value (2020): $382,900
Year Land Value Improved Value Assessed Value
2020 $77,134 $305,766 $382,900

Home Value Compared to the Market

This property vs the competition

4130 E 10Th St is listed 211.91% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $716.95 per/sqft which puts the price per square foot 11.33% higher than the median price per square foot for the city of Long Beach.

About 4130 E 10Th St

Detailed summary of property

4130 E 10Th St is a mixed use located in Long Beach, CA 90804 and is currently for sale. This mixed use property offers -- bedrooms, 10 bathrooms, roughly 3,480 living square feet, and sits on an approximately 5,864 square foot lot. 4130 E 10Th St was first listed on ArdentRealEstateGroup.com on March 29, 2023. The homeowner is currently asking $2,495,000 and was originally asking $2,695,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 211.91% higher than the median priced home. Local competing homes currently for sale include 1127 Olive Ave, 820 Lime Ave and 1756 Pacific Ave. While the average home in Long Beach, CA is selling in 54 days, 4130 E 10Th St has a days on market of 392 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 4130 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 4130 E 10Th St

Public county record property details
Beds
--
Baths
10
Year built
1953
Sq. Ft.
3,480
Lot Size
5,863
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
7254-019-001

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
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
47
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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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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