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Image 1 - Park Court, Long Beach, CA 90813, USA - House for sale
Image 2 - Park Court, Long Beach, CA 90813, USA - House for sale
Image 3 - Park Court, Long Beach, CA 90813, USA - House for sale
Image 4 - Park Court, Long Beach, CA 90813, USA - House for sale
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Image 8 - Park Court, Long Beach, CA 90813, USA - House for sale
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Home For Sale In Long Beach, California
Park Court, Long Beach, CA 90813, USA

Home For Sale In Long Beach, California

house for sale
Listed: 03/07/24

Park Court, Long Beach, CA 90813, USA

12 Bed:
7 Bath:
4,766 Sq Ft Living Area:
Save
Price
$ 1,5M

About This House

SIX unit building just north of Downtown Long Beach. Property consists of a 4 bed 2 bath Craftsman single family home in front, and a rear building with 5 additional units (TWO 2bed 1 bath units, TWO 1bed 1 bath units, and ONE non-conforming 2 bed 1 bath basement apartment). Amenities include gated on-site parking, on-site laundry for extra income, and an upstairs observation deck with 360-degree views of the San Gabriel Mountains, the Downtown skyline, and Palos Verdes Peninsula. All tenants are long-term multiple-year occupants on month-to-month rental contracts. These extremely well-performing units are all month to month with wonderful long-term tenants, a 5%+ Cap rate and tons of growth potential!

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Long Beach Housing & Living

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.