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3525 E 15th Street, Long Beach, CA 90804

Property · 2 recorded sales since 2017

3525 E 15th Street, Long Beach, CA 90804 Sold July 2019 CRMLS
$1,000,000Sold July 2019

Listing Agent: Patti Martin (DRE #00335168) · Listing Office: Pelican Properties · Contact: 562-343-1920 · Bought with: Dale Jervis · Century 21 Jervis & Associates · MLS #PW19119467 · Source: CRMLS

6,751 sqft
Lot Size
1925
Year Built
Property
Type
1
Stories
0
Garage
WallFurnace
Heating

About this property

Four unit apartment community on large lot in Eastside area of Long Beach with 5 parking spaces. The property is priced at just $247,500 per unit which is 15 X gross and a cap rate of 4.3. Front units were built in 1925 comprised of (2) 2 bedroom 1 bath units. Back units were built in 1960 and comprised of (2) 1 bedroom 1 bath each. Each unit has a private storage shed at rear of property.

Listing description from the July 2019 sale, as reported to CRMLS.

Sale history

$1,000,000
Sold July 2019 · listed $990,000, on market May 2019 · MLS #PW19119467 · Source: CRMLS
Listing Agent: Patti Martin · Listing Office: Pelican Properties · Contact: 562-343-1920 · Bought with: Dale Jervis · Century 21 Jervis & Associates
$830,000
Sold January 2017 · listed $839,000, orig. $849,000, on market November 2016 · MLS #16180294 · Source: CRMLS
Listing Agent: Mark Witsken · Listing Office: Keller Williams-Santa Monica · Contact: 310-482-2200 · Bought with: Kemery Blair-Yeakel · Pelican Properties
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