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930 E 11Th St, Long Beach, CA 90813
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930 E 11Th St Long Beach, CA 90813

$999,975
  • 4 Beds
  • 4 Baths
  • 2,952 Sq.Ft.
For Sale
$999,975 Get Pre-Qualified
Map preview of 930 E 11Th St, Long Beach, CA 90813

Property Overview: 930 E 11Th St Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,952 living square feet and 3,162 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: Discover an exceptional investment opportunity within this meticulously renovated quadraplex, boasting a generous 2,952 square feet of living space priced at a competitive $338 per square foot. Built in 1923, this property seamlessly merges historic charm with contemporary upgrades, offering a blend of character and functionality. This four-plex presents four expansive one-bedroom units, thoughtfully designed to easily convert into two-bedroom layouts, providing versatility to accommodate varying tenant needs. Each unit is a testament to quality craftsmanship and modern convenience, featuring recent enhancements including new windows, stucco, paint, as well as essential plumbing and electrical upgrades. With an impressive annual income of $71,280 this property promises a lucrative return on investment. Furthermore, the option to utilize one unit immediately or rent it out adds to its appeal, ensuring flexibility for both investors and owner-occupiers. Convenience extends beyond the interiors, with the inclusion of four dedicated parking spaces, alleviating any concerns regarding parking availability. Whether you're an astute investor seeking a profitable venture or a homeowner looking to capitalize on rental income, this quadraplex offers an enticing proposition.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Last checked: 3 minutes ago | Last updated: May 7th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
3,162
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24089830
City
Long Beach
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # 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: 45
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 50
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,280
  • Net Operating Income: $49,896
  • Gross Operating Income: --
  • Laundry Income: $0
  • Other Income 1: $90
  • Other Income Description: Parking fee $45 & $50
Annual Expense Breakdown
  • Total Operating Expense: $21,384
  • Electric: $92
  • New Taxes: $12,500
  • Trash: $675
  • Insurance: $2,995
  • Maintenance: $1,600
  • Water/Sewer: $1,335

Open Houses for 930 E 11Th St

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Property Details for 930 E 11Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen, Living Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7274010018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: n/a
  • Directions: South of Anaheim, North of 7th and West of Alamitos Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 930 E 11Th St

Last sold for $375,000 on July 17th, 2012

  • May, 2024

  • May 6, 2024

    Date

    Active

    CRMLS: PW24089830

    $999,975

    Price

  • January, 2024

  • Jan 30, 2024

    Date

    Canceled

    CRMLS: RS23222191

    $1,045,000

    Price

  • Dec 11, 2023

    Date

    Active

    CRMLS: RS23222191

    $1,045,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible investment opportunity! This 4-unit apartment building presents a unique proposition. With upgraded electrical systems, dedicated parking spaces, and a desirable location, this property offers immediate rental income as three of the units are already rented and long-term appreciation potential. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a secure investment, this property is worth serious consideration. This well-maintained 4-unit apartment building offers great curb appeal, comfort, convenience, and an ideal location. Each unit features 1 bedroom, 1 bathroom, secure entry and spacious living quarters. The updated electrical system ensures reliability and efficiency. Residents will appreciate the location and convenience. Located in vibrant downtown Long Beach, close to amenities, dining, shopping, and major transportation routes. Don't miss out on this wonderful property with strong rental potential.

  • December, 2023

  • Dec 11, 2023

    Date

    Canceled

    CRMLS: RS23109701

    $1,095,000

    Price

  • Jun 22, 2023

    Date

    Active

    CRMLS: RS23109701

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity knocks! Investing in this 4-unit apartment building presents a unique opportunity. With upgraded electrical systems, dedicated parking spaces, and a desirable location, this property offers immediate rental income as three of the units are already rented and long-term appreciation potential. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking a secure investment, this property is worth serious consideration. This well-maintained 4-unit apartment building offers great curb appeal, comfort, convenience, and an ideal location. Each unit features 1 bedroom, 1 bathroom, secure entry and spacious living quarters. The updated electrical system ensures reliability and efficiency. Residents will appreciate the location and convenience. Located in vibrant downtown Long Beach, close to amenities, dining, shopping, and major transportation routes. Don't miss out on this wonderful property with strong rental potential.

  • July, 2012

  • Jul 17, 2012

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

  • February, 2012

  • Feb 10, 2012

    Date

    Sold (Public Records)

    Public Records

    $354,600

    Price

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Tax History for 930 E 11Th St

Assessed Value (2020): $422,238
Year Land Value Improved Value Assessed Value
2020 $292,753 $129,485 $422,238

Home Value Compared to the Market

This property vs the competition

930 E 11Th St is listed 25.15% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $643 and this home is listed at $338.74 per/sqft which puts the price per square foot 47.32% lower than the median price per square foot for the city of Long Beach.

About 930 E 11Th St

Detailed summary of property

930 E 11Th St is a fourplex located in Long Beach, CA 90813 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,952 living square feet, and sits on an approximately 3,162 square foot lot. 930 E 11Th St was first listed on ArdentRealEstateGroup.com on May 6, 2024. The homeowner is currently asking $999,975. The median priced home in Long Beach is $799,000 with a median price per square foot of $643. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 25.15% higher than the median priced home. Local competing homes currently for sale include 2000 Pacific Ave, 2100 Pine Ave and 2175 Earl Ave. While the average home in Long Beach, CA is selling in 51 days, 930 E 11Th St has a days on market of 10 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 930 E 11Th 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 930 E 11Th St

Public county record property details
Beds
4
Baths
4
Year built
1923
Sq. Ft.
2,952
Lot Size
3,161
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
7274-010-018

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
$570,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$584,000
Median Sold Price/Sq.Ft.
$592
Total Inventory
34
Median Sale to List Price %
108.35%
Avg Days on Market
23
Loan Type
Conventional (80%), FHA (10%), VA (10%), 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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