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Image 1 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Image 2 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Image 3 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Image 4 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Image 5 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Image 6 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Image 7 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
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Image 9 - 315 West 12th Street, Long Beach, CA 90813, USA - House for sale
Home For Sale In Long Beach, California
315 West 12th Street, Long Beach, CA 90813, USA

Home For Sale In Long Beach, California

house for sale
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Listed: 05/09/24

315 West 12th Street, Long Beach, CA 90813, USA

6 Bed:
14 Bath:
8,086 Sq Ft Living Area:
Save
Price
$ 2,9M

About This House

14 units in Long Beach subject toAB 1482rent control - maximum annual increase of 5% + CPI. Priced at11.3X GRMand 5.6% CAP on current rents - with upside to a 5.9% CAP. The property is professionally managed and well maintained. Some units have updated kitchens, baths and flooring. The property also just received updated landscaping and paint. The building features and excellent unit mix for the area and is located blocks from $8BB worth of redevelopment in the Down Town Long Beach area. There is no onsite parking but there is onsite laundry. The electrical is Siemens - it's a200 AMPmain panel with30 AMPsubpanels (Buyer to verify). Email la for more info including a current rent roll and actual expenses .

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $939,766, an increase of 0.6% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of May 2024.

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.