1000 East 10th Street

1000 East 10th Street

Long Beach, CA 90813

$1,599,000
Price
14
Beds
7
Baths
5,340 Sq. Ft.
$299 / Sq. Ft.
5,340
Sq. Ft.
$299
per Sq. Ft.
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Description

We are pleased to present 1000 E 10th St in Long Beach. This 7 unit apartment building consists of (7) 2 bedroom, 1 bathroom units which have been updated and converted into higher density dwelling units. Privacy walls and doors have been added to accommodate an additional bedroom in each unit. A total of 21 bedrooms are possible to rent out, and currently 11 of those bedrooms are actively rented. There is a possibility of delivering 4 out of the 7 units vacant. This property has a total of 5,340...We are pleased to present 1000 E 10th St in Long Beach. This 7 unit apartment building consists of (7) 2 bedroom, 1 bathroom units which have been updated and converted into higher density dwelling units. Privacy walls and doors have been added to accommodate an additional bedroom in each unit. A total of 21 bedrooms are possible to rent out, and currently 11 of those bedrooms are actively rented. There is a possibility of delivering 4 out of the 7 units vacant. This property has a total of 5,340 sqft of livable space, situated on a 5,227 sqft lot. The owners have formed authentic relationships with local government, law enforcement, and various low-income programs such as the General Relief Housing Subsidy and Case Management Programs in order to maintain a reliable resource for tenants. The property is located in close proximity to the Metro Blue Line train station and various bus routes providing excellent public transportation. This property is also located in an Opportunity Zone allowing for potential developments and substantial tax benefits for new buyers. Development in this area would coincide with the Long Beach Downtown Plan as well as the Opportunity Zone social impact principles. Buyer to verify.
  1. Listed by John Stiegler II • DRE #01981597 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-447-2213
  2. Listed by Stephen Takahashi • DRE #01944770 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1000 East 10th Street

Parking Spaces Total
0
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5340
Property Attached YN
true
Common Walls
2+ Common Walls

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597; Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770
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LISTING UPDATED: 03/20/2024 03:37 AM

Property Details for 1000 East 10th Street

StatusActive
MLS #SB24010441
Days on Market102
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597; Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770
Add your commute

Building Information for 1000 East 10th Street

Building/Complex1000 E 10th StFloor-Stories2Residences-Pet Policy-Year Built1927Building Size-

Payment Calculator

$10,697 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,726

Property Taxes

$1,971

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1000 East 10th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $113,282
  • Gross Scheduled Income: $119,244
  • Net Operating Income: $71,324
Expense Details
  • Operating Expense: $41,957
  • Fuel Expense: $630
  • Electric Expense: $630
  • Insurance Expense: $3,738
  • Professional Management Expense: $5,962
  • Trash Expense: $1,260
  • Water Sewer Expense: $3,780
  • Total Expenses: $41,957
Tax / Assessment Info
  • Tax Tract Number: 576...
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,580
  • Unit Type Total Rent: $1,580
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,570
  • Unit Type Total Rent: $1,570
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,760
  • Unit Type Total Rent: $1,760
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,347
  • Unit Type Total Rent: $1,347
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 7
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7

Property History for 1000 East 10th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1000 East 10th Street

Taxable ValueLand$1,162,800Additions$622,200Total$1,785,000
Tax Record2023$23,654 ($1,971 / month)
Home Facts
Total Finished SqFt5,340 SqFtAbove Grade Finished SqFt5,340 SqFtLot Size4,502 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningLBR4NCountyLOS ANGELESAPN7274-023-010

Schools near 1000 East 10th Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Lincoln Elementary School
Public - K to 5
Franklin Classical Middle School
Public - 6 to 8
Polytechnic High School
Public - 9 to 12
Clear Passage Educational Center
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1000 East 10th Street, Long Beach, CA 90813

1000 East 10th Street is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on January 18, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,599,000. It has been on the market for a total of 102 days and was last sold on December 22, 2021. This listing's school district is Long Beach Unified School District. Nearby schools include Lincoln Elementary School, Franklin Classical Middle School and Polytechnic High School. 1000 East 10th Street is a 14-bed, 7-bath, 5,340 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., John Stiegler II, DRE #01981597; Lyon Stahl Investment Real Estate, Inc., Stephen Takahashi, DRE #01944770

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.