2122 East 10th Street

Long Beach, CA 90804

$1,180,000
Last Sold Price
11
Beds
6
Baths
3,658 Sq. Ft.
$323 / Sq. Ft.
3,658
Sq. Ft.
$323
per Sq. Ft.

Description

This is a wonderful investment property with income upside that is waiting to be maximized. Ideally situated in Long Beach – East-side neighborhood, this secure 4plex has been upgraded inside and enjoys reliable, long-term tenants. The seller has invested in beautifully updating three of the units so this could be a great opportunity for a resident-owner plus it offers upside with future rental increases. The units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two...This is a wonderful investment property with income upside that is waiting to be maximized. Ideally situated in Long Beach – East-side neighborhood, this secure 4plex has been upgraded inside and enjoys reliable, long-term tenants. The seller has invested in beautifully updating three of the units so this could be a great opportunity for a resident-owner plus it offers upside with future rental increases. The units are spacious. The sizes are: 4/2 (1080), 1/1 (559), 3/1 (915) and 3/2 (1094). Two of the units have garages and each pays its own electricity and gas. One of the units has laundry in the garage. Ideally located near DTLB, the Zaferia district and close to CSULB, LBCC, the beach, public transportation and the freeways, this property has broad appeal so you will never have vacancies.
  1. Listed by Costanza Genoese Zerbi • DRE #01941438 • Redfin Corporation

Property Details for 2122 East 10th Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3658
Assessor Parcel Number
7262-010-002

Location

Listing Courtesy of Redfin Corporation, Costanza Genoese Zerbi, DRE #01941438

Sold By Redfin Corporation, Charlene Hoang, DRE #01975534

Add your commute
LISTING UPDATED: 04/20/2021 02:44 AM

Property Details for 2122 East 10th Street

StatusClosed
MLS #PW21007325
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.07 AC / 3,249 SF
CountyLos Angeles County

Location

Listing Courtesy of Redfin Corporation, Costanza Genoese Zerbi, DRE #01941438

Sold By Redfin Corporation, Charlene Hoang, DRE #01975534

Add your commute

Building Information for 2122 East 10th Street

Stories2Residences-Year Built1963Building Size-Lot Size0.07 AC / 3,249 SF

Payment Calculator

$7,802 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,440

Property Taxes

$1,362

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2122 East 10th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $81,488
  • Gross Scheduled Income: $81,488
  • Gross Operating Income: $81,488
  • Net Operating Income: $63,453
  • Cap Rate: 5.2
  • Financing: Conventional
Expense Details
  • Operating Expense: $18,036
  • New Taxes Expense: $15,000
  • Gardener Expense: $160
  • Electric Expense: $160
  • Insurance Expense: $1,500
  • Maintenance Expense: $2,600
  • Professional Management Expense: $5,185
  • Trash Expense: $1,623
  • Water Sewer Expense: $2,234
  • Total Expenses: $19,535
Tax / Assessment Info
  • Tax Tract Number: 5500
  • Tax Census Tract: 5769.01
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Ceiling Fan(s), Copper Plumbing Full
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Roof: Composition, Shingle
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Junipero Gardens
  • Builders Tract Code: Junipero Gardens (JPG)
  • Builders Tract Code: Junipero Gardens (JPG)
Unit Information
Unit 1
  • 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: $1,265
  • Unit Type Total Rent: $1,265
  • Unit Type Pro Forma: 1350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,911
  • Unit Type Total Rent: $1,911
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • 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: $1,745
  • Unit Type Total Rent: $1,745
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,815
  • Unit Type Total Rent: $1,815
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Range: 4

Property History for 2122 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 2122 East 10th Street

Taxable ValueLand$416,160Additions$811,932Total$1,228,092
Tax Record2023$16,345 ($1,362 / month)
Home Facts
Total Finished SqFt3,658 SqFtAbove Grade Finished SqFt3,658 SqFtLot Size3,250 SqFtStyleQuadraplexYear Built1963ZoningLBR1NCountyLOS ANGELESAPN7262-010-002

Schools near 2122 East 10th 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 - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson 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.

Similar 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 Redfin Corporation, Costanza Genoese Zerbi, DRE #01941438

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.