1531 W 19th Street
Long Beach, CA 90810
- – beds
- – baths
- – sqft
- 6,655 sqft lot
- 1959 build
- – on site
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Outstanding opportunity to bolster your investment portfolio with this bread and butter 6 unit residential income property in West Long Beach, CA. All units are 2 bedrooms and one bathroom with updated interiors. The six units are rented with the property offering a 6.02% cap rate and 11.87 GRM based on current rents, 2023 actual expenses and an estimated new property tax amount. 12 uncovered, tandem parking spaces located in the rear of the building and a convenient onsite laundry room. Popular rental area of Long Beach with close proximity to the Port, Harbor, Terminal Island and neighboring cities such as San Pedro, Harbor City and Torrance. This property has been well maintained and self-managed by owners for over 15 years.
Listed By CRMLS_CA / Paul Gustin / Coldwell Banker Realty / 562-301-7656
Last checked:
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Last updated Mar 30, 2024
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MLS# PW24021012 —
The Building
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Year Built:1959
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Year Built Source:Assessor
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New Construction:No
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Exterior Features:Lighting
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Entry Level:1
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Accessibility Features:No Interior Steps
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Common Walls:No Common Walls
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Faces:West
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Building Area Total:3898.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:6
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Stories Total:2
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Features:Ceiling Fan(s), Formica Counters, Laminate Counters
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Levels:Two
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Entry Location:1
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Window Features:Blinds
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Flooring:Carpet, Laminate, Tile
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Room Type:Kitchen, Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Community, Individual Room
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:710 Freeway Exit PCH. North on Harbor turn west on 19th st.
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Latitude:33.79187300
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Longitude:-118.21299200
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LBR2N
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Lot Features:Rectangular Lot, Near Public Transit, Park Nearby
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Lot Size Area:6655.0000
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Lot Size Acres:0.1528
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Lot Size SqFt:6655.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Wrought Iron
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Fence:Yes
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Security Features:Gated Community, Security Lights, Smoke Detector(s), Window Bars
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:10
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Tax Census Tract:5780.00
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Tax Tract:1833
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Tax Lot:25
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7431026021
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Showings Begin:2024-02-05
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Cable Available
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Sewer:Unknown
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Water Source:See Remarks
Appliances
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Appliances:Dishwasher, Gas Oven, Gas Range
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Included:Yes
The Community
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Subdivision:Westside/South of Willow (WSW)
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Subdivision:Westside/South of Willow (WSW)
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Senior Community:No
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Features:Urban
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Pool:None
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Paved, Off Street, Parking Space, Tandem Uncovered
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Parking Spaces:12.00
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Uncovered Spaces:12.00
Extra Units
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Number With Carpet:6
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Number With Disposal:6
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Number With Dishwasher:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/29/24
Mar 29, 2024
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Sold | CRMLS_CA | $1,600,000 | -3.0% |
3/28/24
Mar 28, 2024
|
Pending | CRMLS_CA | $1,650,000 | |
3/1/24
Mar 1, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,650,000 |