620 Obispo Avenue

Long Beach, CA 90814

$1,675,000
Last Sold Price
11
Beds
9
Baths
4,801 Sq. Ft.
$349 / Sq. Ft.
4,801
Sq. Ft.
$349
per Sq. Ft.

Description

-Located in the Rose Park South Neighborhood of Long Beach -1 Mile from the Beach & 1.5 Miles from Belmont Shore -Walking Distance to the Coffeeshops, Restaurants and Retail Shops of the 4th Street Corridor/Retro Row & Redondo Avenue -Outstanding Unit Mix of 3-Bedroom & 2-Bedroom Units -1985 Vintage Building -3-Bedroom/3-Bathroom Owners Unit is Townhouse-Style & Features Washer/Dryer Hook-Ups -Close Proximity to Long Beach Shoreline Marina and Shoreline Village, East Village Arts District, Long Beach...-Located in the Rose Park South Neighborhood of Long Beach -1 Mile from the Beach & 1.5 Miles from Belmont Shore -Walking Distance to the Coffeeshops, Restaurants and Retail Shops of the 4th Street Corridor/Retro Row & Redondo Avenue -Outstanding Unit Mix of 3-Bedroom & 2-Bedroom Units -1985 Vintage Building -3-Bedroom/3-Bathroom Owners Unit is Townhouse-Style & Features Washer/Dryer Hook-Ups -Close Proximity to Long Beach Shoreline Marina and Shoreline Village, East Village Arts District, Long Beach Convention Center & Downtown Long Beach -3 of 4 Units Contain Washer/Dryer Hook-Ups -On-Site Laundry Facility, (3) Double-Car Garages & (3) Single-Car Garages -Residential Asset Qualifies for Attractive Residential Financing
  1. Listed by Gianluca Jacoli • DRE #01938297 • Brokerage DRE #01856803 • Shield CRE, Inc.

Property Details for 620 Obispo Avenue

Zoning
LBR3S
Cross Streets
Obispo Avenue & 6th Street
Parcel Number
7258028019
Total Units
4.0
Living Area
4801
Source Living Area
Estimated
Area
Eastside, Circle Area (3)
Vacancy Rate
0

Location

Listing Courtesy of Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

Sold By Residential Agent Inc., Susan Stricklen, DRE #01427686; Keller Williams Coastal Prop., Denise Manoogian, DRE #02073210

Add your commute
LISTING UPDATED: 05/26/2021 05:32 PM

Property Details for 620 Obispo Avenue

StatusSold
MLS #21-714850
Days on Market8
Taxes$21,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.15 AC / 6,751 SF
CountyLos Angeles County

Location

Listing Courtesy of Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

Sold By Residential Agent Inc., Susan Stricklen, DRE #01427686; Keller Williams Coastal Prop., Denise Manoogian, DRE #02073210

Add your commute

Building Information for 620 Obispo Avenue

Stories2Residences-Year Built1985Building Size-Lot Size0.15 AC / 6,751 SF

Payment Calculator

$10,912 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,141

Property Taxes

$1,771

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 620 Obispo Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 3 BDR, 2 BDR
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $92,130
  • Net Operating Income: $60,305.00
  • Gross Income: $94,980
  • Cap Rate: 3.55%
  • Gross Rent Multiplier: $18.29
  • Actual Annual Gross Rent: $92,940.00
  • Actual Rent Total: $92,940.00
  • Vacancy Allow Dollar: $2,849.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 31886
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Paved: Yes
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6751
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Other
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 9
  • Garage Spaces Total: 9
  • Parking Features: Garage
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Gas Or Electric Dryer Hookup
  • Laundry: Community
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-05-2021
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,895.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,250.00
  • Unit Actual Rent: $1,250.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
Tax and Assessed Info
Tax and Assessed Info
  • Tax Percent: 1.25%
  • Assessed Improvement Value: $387,032.00
  • Assessed Improvement Percent: 62.79
  • Assessed Land Value: $229,347.00
  • Assessed Land Percent: 37.21
  • Assessed Total Value: $616,379.00

Property History for 620 Obispo 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 620 Obispo Avenue

Taxable ValueLand$728,280Additions$1,014,390Total$1,742,670
Tax Record2023$22,689 ($1,891 / month)
Home Facts
Total Finished SqFt4,801 SqFtAbove Grade Finished SqFt4,801 SqFtStories2Lot Size6,751 SqFtStyleQuadraplexYear Built1985ZoningLBR3SCountyLOS ANGELESAPN7258-028-019

Schools near 620 Obispo 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
Mann Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
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 Shield CRE, Inc., Gianluca Jacoli, DRE #01938297

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.