930 East 11th Street

Long Beach, CA 90813

$999,975
Price
4
Beds
4
Baths
2,952 Sq. Ft.
$339 / Sq. Ft.
2,952
Sq. Ft.
$339
per Sq. Ft.

Description

Discover an exceptional investment opportunity within this meticulously renovated quadraplex, boasting a generous 2,952 square feet of living space priced at a competitive $338 per square foot. Built in 1923, this property seamlessly merges historic charm with contemporary upgrades, offering a blend of character and functionality. This four-plex presents four expansive one-bedroom units, thoughtfully designed to easily convert into two-bedroom layouts, providing versatility to accommodate varying...Discover an exceptional investment opportunity within this meticulously renovated quadraplex, boasting a generous 2,952 square feet of living space priced at a competitive $338 per square foot. Built in 1923, this property seamlessly merges historic charm with contemporary upgrades, offering a blend of character and functionality. This four-plex presents four expansive one-bedroom units, thoughtfully designed to easily convert into two-bedroom layouts, providing versatility to accommodate varying tenant needs. Each unit is a testament to quality craftsmanship and modern convenience, featuring recent enhancements including new windows, stucco, paint, as well as essential plumbing and electrical upgrades. With an impressive annual income of $71,280 this property promises a lucrative return on investment. Furthermore, the option to utilize one unit immediately or rent it out adds to its appeal, ensuring flexibility for both investors and owner-occupiers. Convenience extends beyond the interiors, with the inclusion of four dedicated parking spaces, alleviating any concerns regarding parking availability. Whether you're an astute investor seeking a profitable venture or a homeowner looking to capitalize on rental income, this quadraplex offers an enticing proposition.
  1. Listed by Juan Huizar • DRE #01417642 • Brokerage DRE #02163228 • Sage Real Estate • 562-307-0838

Property Details for 930 East 11th Street

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2952

Location

Listing Courtesy of Sage Real Estate, Juan Huizar, DRE #01417642
Add your commute
LISTING UPDATED: 05/06/2024 11:29 PM

Property Details for 930 East 11th Street

StatusActive
MLS #PW24089830
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.07 AC / 3,162 SF
CountyLos Angeles County

Location

Listing Courtesy of Sage Real Estate, Juan Huizar, DRE #01417642
Add your commute

Building Information for 930 East 11th Street

Stories2Residences-Year Built1923Building Size-Lot Size0.07 AC / 3,162 SF

Payment Calculator

$5,981 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$524

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 930 East 11th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $71,280
  • Gross Scheduled Income: $71,280
  • Net Operating Income: $49,896
  • Laundry Income: $0
  • Other Income Description: Parking fee $45 & $50
  • Other Income 1: $90
Expense Details
  • Operating Expense: $21,384
  • New Taxes Expense: $12,500
  • Electric Expense: $92
  • Insurance Expense: $2,995
  • Maintenance Expense: $1,600
  • Trash Expense: $675
  • Water Sewer Expense: $1,335
  • Total Expenses: $21,384
Tax / Assessment Info
  • Tax Block: 13
  • Tax Tract Number: 0
  • Tax Census Tract: 5763.02
  • CFD/Mello-Roos Fee: $771
  • Tax Lot: 15
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: Kitchen, Living Room
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Exterior: Stucco, Wood
  • Entry Location: Street/2
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
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: 50
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 45
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 2
Unit 3
  • 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: $1,360
  • Unit Type Total Rent: $1,360
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 3
Unit 4
  • 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: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 930 East 11th 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 930 East 11th Street

Taxable ValueLand$307,734Additions$136,110Total$443,844
Tax Record2023$6,294 ($524 / month)
Home Facts
Total Finished SqFt2,952 SqFtAbove Grade Finished SqFt2,952 SqFtLot Size3,162 SqFtStyleQuadraplexYear Built1923ZoningLBR4RCountyLOS ANGELESAPN7274-010-018

Schools near 930 East 11th 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
International Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

930 East 11th Street is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on May 4, 2024 by Sage Real Estate, it's currently listed at $999,975. It has been on the market for a total of 21 days and was last sold on June 8, 2012. This listing's school district is Long Beach Unified School District. Nearby schools include International Elementary School, Franklin Classical Middle School and Polytechnic High School. 930 East 11th Street is a 4-bed, 4-bath, 2,952 sqft multi-family home built in 1923.

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 Sage Real Estate, Juan Huizar, DRE #01417642

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.