Long Beach, CA 90813 405 W 9th Street
$1,350,000
2 more
Presented By: Augustin Joo with California Bridge Realty; 714-425-5480
Beds • 7
Baths • 5
SQFT • 2,918
Year Built • 1938
Home Details
A Beautiful historical Victorian style fourplex in Long Beach downtown area. An Excellent income producing property consist of two (2 ) 1 bedroom + 1 Bath and one (1) 2 bedrooms+1 bath with an extra attic space and a Beautiful 3 bedrooms+ 2 bath space with 2 enclosed patio room . All units are remodeled in 2018. And New roofing was done back in 2020 through-out the property. This Property is situated on the corner of W. 9th St. and Chestnut Ave. in the heart of Long Beach downtown area 1.3 miles from the famous Aquarium of the Pacific and exactly one mile north of the Long Beach city Hall.
Presented By: Augustin Joo with California Bridge Realty; 714-425-5480
Interior Features for 405 W 9th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NNo
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 405 W 9th Street
Additional Parcels Y/NNo
Architectural StyleVictorian
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.8
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs
ContingencyThe sale is contingent upon the seller find a 1031 exchange property. The interior inspection shall be permitted after the seller's acceptance of the offer.
CountyLos Angeles
Current FinancingConventional
Directions7th St to chestnut Ave. turn right
Electric Expense1200.0
Electric On Property Y/NNo
Entry Locationground level with/mid level step
ExclusionsAll mineral right under the property
Fuel Expense700.0
Garage Spaces0.0
Garage Y/NNo
Gross Income99000.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet4526.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income64500.0
New ConstructionNo
Number Of Units Total4
Operating Expense34500.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameDowntown (DT)
Tax Annual Amount16875.0
Tax Lot4
Tenant PaysElectricity, Gas
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense7200.0
Waterfront Y/NNo
Year Built1938
Year Built SourceAssessor
ZoningLBPD10
Exterior for 405 W 9th Street
Building Area Total2918.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1039
Lot Size Area4526.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOnStreet
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,350,000
MLS#PW24248729
List Date
01/15/2025
Property Type
Multi-Family
Phone
(310) 963-5595
