1604 East McKenzie Street

Long Beach, CA 90805

$699,000
Last Sold Price
4
Beds
2
Baths
1,888 Sq. Ft.
$370 / Sq. Ft.
1,888
Sq. Ft.
$370
per Sq. Ft.

Description

This "value-add" Long Beach duplex is a great find. This asset has great curb appeal and both units are completely separate 2+1 buildings with long-term tenants. One building is a lovely Spanish, the other a charming traditional. The property is located in a nice residential neighborhood and near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part...This "value-add" Long Beach duplex is a great find. This asset has great curb appeal and both units are completely separate 2+1 buildings with long-term tenants. One building is a lovely Spanish, the other a charming traditional. The property is located in a nice residential neighborhood and near great public transportation, shopping, and restaurants. This is an excellent opportunity to own in an area definitely moving up. Units are priced to reflect rents that are apx 25-35% below market. Be part of the expansion and growth in Long Beach! Priced to sell, this one won't last.
  1. Listed by Scott Nell • DRE #01358285 • Brokerage DRE #01342342 • Keller Williams Realty Encino-Sherman Oa
  2. Listed by Eric Petz • DRE #01893338 • Brokerage DRE #01342342 • Keller Williams Realty Encino-Sherman Oa

Property Details for 1604 East McKenzie Street

Zoning
LBR2N
Parcel Number
7114016031
Total Units
2.0
Living Area
1888
Source Living Area
Assessor
Area
North Long Beach (7)
Vacancy Rate
0
Lot Size Area
5453

Location

Listing Courtesy of Keller Williams Realty Encino-Sherman Oa, Scott Nell, DRE #01358285; Keller Williams Realty Encino-Sherman Oa, Eric Petz, DRE #01893338

Sold By Miller Real Estate, Chris Miller, DRE #01723166

Add your commute
LISTING UPDATED: 04/23/2021 11:48 AM

Property Details for 1604 East McKenzie Street

StatusSold
MLS #21-694116
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.13 AC / 5,453 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty Encino-Sherman Oa, Scott Nell, DRE #01358285; Keller Williams Realty Encino-Sherman Oa, Eric Petz, DRE #01893338

Sold By Miller Real Estate, Chris Miller, DRE #01723166

Add your commute

Building Information for 1604 East McKenzie Street

Stories-Residences-Year Built1928Building Size-Lot Size0.13 AC / 5,453 SF

Payment Calculator

$4,621 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$806

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1604 East McKenzie Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $31,200
  • Net Operating Income: $31,200.00
  • Gross Income: $2,600
  • Gross Rent Multiplier: $22.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1252
  • Lot Size Square Feet: 5453
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 2
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s)
  • Heating: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-20-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,300.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $224,744.00
  • Assessed Improvement Percent: 70.2
  • Assessed Land Value: $95,385.00
  • Assessed Land Percent: 29.8
  • Assessed Total Value: $320,129.00

Property History for 1604 East McKenzie 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 1604 East McKenzie Street

Taxable ValueLand$374,544Additions$364,140Total$738,684
Tax Record2023$9,676 ($806 / month)
Home Facts
Total Finished SqFt1,888 SqFtAbove Grade Finished SqFt1,888 SqFtLot Size5,453 SqFtStyleDuplexYear Built1928ZoningLBR2NCountyLOS ANGELESAPN7114-016-031

Schools near 1604 East McKenzie Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Grant Elementary School
PublicK to 5

Hamilton Middle School
Public6 to 8

Jordan High School
Public9 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.

Similar Homes

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Similar Sold Homes

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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 Keller Williams Realty Encino-Sherman Oa, Scott Nell, DRE #01358285; Keller Williams Realty Encino-Sherman Oa, Eric Petz, DRE #01893338

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.