1927 Caspian Avenue

Long Beach, CA 90810

$619,000
Last Sold Price
1
Beds
6
Baths
3,036 Sq. Ft.
$204 / Sq. Ft.
3,036
Sq. Ft.
$204
per Sq. Ft.

Description

4 single family homes and a duplex over 4 garages. Each home is fenced and private. Most tenants have been there for a number of years. Rents are very low, tremendous upside. All units are 1 bedroom 1 bath. 1 home has driveway, the rest has street parking. Call for more details. offers are subject to cancellation of current escrow4 single family homes and a duplex over 4 garages. Each home is fenced and private. Most tenants have been there for a number of years. Rents are very low, tremendous upside. All units are 1 bedroom 1 bath. 1 home has driveway, the rest has street parking. Call for more details. offers are subject to cancellation of current escrow
  1. Listed by David Rand • DRE #01223078 • David Rand, Broker

Property Details for 1927 Caspian Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
6.0
Lot Size Source
Assessor
Living Area
3036
Assessor Parcel Number
7431-026-009
Building Area Total
3036
Fireplace
No

Location

Listing Courtesy of David Rand, Broker, David Rand, DRE #01223078

Sold By C-21 Wise Ol' Owl, Myrna Dwyer, DRE #00830112

Add your commute
LISTING UPDATED: 01/04/2013 08:37 PM

Property Details for 1927 Caspian Avenue

StatusClosed
MLS #P451597
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.18 AC / 7,797 SF
CountyLos Angeles County

Location

Listing Courtesy of David Rand, Broker, David Rand, DRE #01223078

Sold By C-21 Wise Ol' Owl, Myrna Dwyer, DRE #00830112

Add your commute

Building Information for 1927 Caspian Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.18 AC / 7,797 SF

Payment Calculator

$4,314 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,378

Property Taxes

$936

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1927 Caspian Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $37,800
  • Gross Multiplier: 12.28
  • Cap Rate: 6.11
  • Financing: Conventional
Expense Details
  • Operating Expense: $12,600
  • New Taxes Expense: $7,737
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Licenses Expense: $300
  • Pest Control Expense: $300
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $0
  • Water Sewer Expense: $1,200
  • Supplies Expense: $0
Tax / Assessment Info
  • Tax Area: 5501
  • Tax Block: 10
  • Tax Tract Number: 1833
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Laundry: No
  • Flooring: See Remarks
Exterior Features
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Roof: Composition
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Number Of Units: 6
  • Levels: Two
  • Water: District
  • Sewer: In Street
  • Utilities: Sewer Available
  • Water Source: Public
Parking Info
  • Parking: No
  • Parking Garage: Other
  • Carport Spaces: 0
  • Parking Features: Other, See Remarks
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $500
  • Unit Type Total Rent: $3,000
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Property History for 1927 Caspian Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1927 Caspian Avenue

Taxable ValueLand$367,777Additions$446,588Total$814,365
Tax Record2023$11,233 ($936 / month)
Home Facts
Total Finished SqFt3,036 SqFtAbove Grade Finished SqFt3,036 SqFtLot Size7,491 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningLBR2NCountyLOS ANGELESAPN7431-026-009

Schools near 1927 Caspian Avenue

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
Public - 9 to 12
Rating
School
Distance
Garfield Elementary School
PublicK to 5

Stephens Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Educational Partnership 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 David Rand, Broker, David Rand, DRE #01223078

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.