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Image 1 - 435 W 11th St, Long Beach, California, 90813 - House for sale
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Home For Sale In Long Beach, California
435 W 11th St, Long Beach, California, 90813

Home For Sale In Long Beach, California

house for sale
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Listed: 05/26/24

435 W 11th St, Long Beach, California, 90813

14 Bed:
9 Bath:
6,395 Sq Ft Living Area:
Save
Price
$ 2,12M

About This House

Excellent assumable financing fixed at 3.75 % Until april 2025. Cash on Cash during year 1 will push 8%+ with this excellent debt option. 9 units in Long Beach subject toAB 1482rent control - maximum annual increase of 5% + CPI. 10.86X GRMand 5.8% CAP with upside to 6.4% CAP. Located on the West Side blocks from Down Town where over $8BB of redevelopment is occurring. On a beautiful, quiet, tree lined street. The property is professionally managed and well maintained. All units have their own private parking included and most have a private outdoor patio. All have W/D hookups. All units have their own water heater. Current loan is with Luther Burbank Savings (now WA Fed). Loan amount is …  Full description

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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.