4130 East 10th Street

Long Beach, CA 90804

$2,495,000
Price
—
Beds
10
Baths
3,480 Sq. Ft.
$717 / Sq. Ft.
3,480
Sq. Ft.
$717
per Sq. Ft.

Description

4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered...4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered for gas and electricity and has an in-place RUBS program. The property is located nearby to Recreation Park Golf Course and Colorado Lagoon which offer various outdoor activities. Additionally, the property is located less than two (2) miles to California State University Long Beach, which has a student population of 37,500 and employed faculty of 2,000. 4130 E. 10th Street provides a new owner with strong in-place cash flow with the opportunity to remodel the remaining four (4) units.
  1. Listed by Robert Stepp • DRE #01456379 • Brokerage DRE #01499010 • Keller Williams - Santa Monica • 310-463-2916

Property Details for 4130 East 10th Street

Parking Spaces Total
8
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3480
Assessor Parcel Number
7254-019-001
Property Attached YN
true

Location

Listing Courtesy of Keller Williams - Santa Monica, Robert Stepp, DRE #01456379
Add your commute
LISTING UPDATED: 03/18/2024 02:49 AM

Property Details for 4130 East 10th Street

StatusActive
MLS #PW23051127
Days on Market409
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1953
Lot Size0.13 AC / 5,864 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams - Santa Monica, Robert Stepp, DRE #01456379
Add your commute

Building Information for 4130 East 10th Street

Stories-Residences-Year Built1953Building Size-Lot Size0.13 AC / 5,864 SF

Payment Calculator

$15,684 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,616

Property Taxes

$2,068

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4130 East 10th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $180,857
  • Gross Scheduled Income: $186,451
  • Net Operating Income: $108,477
Expense Details
  • Operating Expense: $72,485
  • New Taxes Expense: $31,182
  • Gardener Expense: $2,760
  • Fuel Expense: $4,000
  • Licenses Expense: $1,000
  • Electric Expense: $4,000
  • Insurance Expense: $3,400
  • Maintenance Expense: $7,000
  • Professional Management Expense: $8,143
  • Other Expense: $3,000
  • Other Expense Description: Reserves
  • Trash Expense: $4,000
  • Water Sewer Expense: $4,000
  • Total Expenses: $72,485
Tax / Assessment Info
  • Tax Block: 1
  • Tax Tract Number: 5770
  • Tax Census Tract: 5770.00
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Belmont Heights
  • Builders Tract Code: Belmont Heights (BH)
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,468
  • Unit Type Total Rent: $14,680
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 4130 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 4130 East 10th Street

Taxable ValueLand$1,275,000Additions$592,800Total$1,867,800
Tax Record2023$24,814 ($2,068 / month)
Home Facts
Total Finished SqFt3,480 SqFtAbove Grade Finished SqFt3,480 SqFtLot Size5,864 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningLBR3SCountyLOS ANGELESAPN7254-019-001

Schools near 4130 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
Public - 7 to 12
Rating
School
Distance
Fremont Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Select Community Day (Secondary) School
Public7 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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4130 East 10th Street is a mixed use property for sale in Long Beach, CA 90804. This property was listed for sale on March 28, 2023 by Keller Williams - Santa Monica, it's currently listed at $2,495,000. It has been on the market for a total of 409 days and was last sold on July 30, 2021. This listing's school district is Long Beach Unified School District. Nearby schools include Fremont Elementary School, Jefferson Leadership Academies School and Wilson High School. 4130 East 10th Street is a 0-bed, 10-bath, 3,480 sqft mixed use property built in 1953.

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 - Santa Monica, Robert Stepp, DRE #01456379

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.