1000 E 10th St Long Beach, CA 90813
Active
$1,298,000
7 Units
15 Beds
7 Baths
5,340 Area(sq.ft.)
4,502 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | studio | 1 | No | $ 1,800 | $ 1,800 | $ 2,700 |
| Unit 2 | 2 | 3 | 1 | No | $ 718 | $ 718 | $ 3,000 |
| Unit 3 | 3 | 2 | 1 | No | $ 1,554 | $ 1,554 | $ 2,500 |
| Unit 4 | 4 | 3 | 1 | No | n/a | $ 3,200 | $ 3,000 |
| Unit 5 | 5 | 2 | 1 | No | $ 1,088 | $ 1,088 | $ 2,500 |
| Unit 6 | 6 | 2 | 1 | No | $ 839 | $ 839 | $ 2,500 |
| Unit 7 | 7 | 2 | 1 | No | $ 800 | $ 800 | $ 2,500 |
| 7 | 28 | 60 | 28 | $ 23,969 | $ 36,769 | $ 73,200 |
| MLS #: | 24-452197 |
| Days On Market: | 8 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 243 |
| Price per unit: | $ 185,429 |
| Year Built: | 1921 |
Property Details
7-Units apartment building with great income potential. Property consists of (1) studio, (4) 2 bedrooms/1bath and (2) 3 bedrooms/1bath. The property has been updated. Each bedroom can be legally rented. Owners have participated in the LA County Pilot Program and people on Social Security Disability insurance are also allowed to rent by the room as well. The largest unit with 3 bedrooms / 1bath is vacant and an additional 5 rooms can be rented. Great location with close proximity to Metro Blue Line and other bus routes. Minutes to the beach, shops and restaurants. Please click on Docs to view the Floor Plan.Interested in this Listing?
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Income Details
| Vacancy Rate: | 20% |
| Gross Operating Income: | $ 224,400 |
| Total Annual Expense: | $ 74,724 |
| Net Operating Income: | $ 149,676 |
| Gross Annual Income: | $ 224,400 |
| Gross Rent Multiplier: | 5.78 |
Structure
| Type of Units: | Apartments |
| Buildings: | 2 |
| Levels: | One, Two |
Land & Parking
| Zoning: | LBR4N |
| Parking Garage: | On street |
Interior
| AC/Cooling: | Ceiling Fan |
| Equipment: | Ceiling Fan |
| Heating: | Wall |
Exterior
Detailed Map
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