1000 East 10th Street

Long Beach, CA 90813

$1,298,000
Price
15
Beds
7
Baths
5,340 Sq. Ft.
$243 / Sq. Ft.
5,340
Sq. Ft.
$243
per Sq. Ft.

Description

7-Units apartment building with great income potential. Property consists of (1) studio, (4) 2 bedrooms/1bath and (2) 3 bedrooms/1bath. The property has been updated. Each bedroom can be legally rented. Owners have participated in the LA County Pilot Program and people on Social Security Disability insurance are also allowed to rent by the room as well. The largest unit with 3 bedrooms / 1bath is vacant and an additional 5 rooms can be rented. Great location with close proximity to Metro Blue Line...7-Units apartment building with great income potential. Property consists of (1) studio, (4) 2 bedrooms/1bath and (2) 3 bedrooms/1bath. The property has been updated. Each bedroom can be legally rented. Owners have participated in the LA County Pilot Program and people on Social Security Disability insurance are also allowed to rent by the room as well. The largest unit with 3 bedrooms / 1bath is vacant and an additional 5 rooms can be rented. Great location with close proximity to Metro Blue Line and other bus routes. Minutes to the beach, shops and restaurants. Please click on Docs to view the Floor Plan.
  1. Listed by Charles Picker • DRE #00414181 • Brokerage DRE #00414181 • I.X.A.

Property Details for 1000 East 10th Street

Zoning
LBR4N
Parcel Number
7274023010
Total Units
7.0
Living Area
5340
Source Living Area
Assessor
Area
Downtown Area, Alamitos Beach (4)
Vacancy Rate
20%
Lot Size Area
4502
LISTING UPDATED: 10/20/2024 12:01 AM

Property Details for 1000 East 10th Street

StatusActive
MLS #24-452197
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.10 AC / 4,502 SF
CountyLos Angeles County

Building Information for 1000 East 10th Street

Stories-Residences-Year Built1921Building Size-Lot Size0.10 AC / 4,502 SF

Property Information for 1000 East 10th Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Apartments
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $224,400
  • Net Operating Income: $149,676.00
  • Gross Income: $224,400
  • Gross Rent Multiplier: $5.78
  • Owner Pays: Gas, Water
  • Total Annual Expense: 74724.48
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1034
  • Lot Size Square Feet: 4502
Parking Details
Parking Details
  • Parking Garage: On street
  • Total Parking: 0
  • Parking Features: Street
Interior Features
Interior Features
  • Levels: One, Two
  • Cooling Type: Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Tile
  • Equipment: Ceiling Fan
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-12-2024
  • Tenant Pays: Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $718.00
  • Unit Actual Rent: $718.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,554.00
  • Unit Actual Rent: $1,554.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,088.00
  • Unit Actual Rent: $1,088.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $838.53
  • Unit Actual Rent: $838.53
  • Unit Projected Rent: $2,500.00
  • Like Units: 6
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $800.00
  • Unit Actual Rent: $800.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 7
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $622,200.00
  • Assessed Improvement Percent: 34.86
  • Assessed Land Value: $1,162,800.00
  • Assessed Land Percent: 65.14
  • Assessed Total Value: $1,785,000.00

Property History for 1000 East 10th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1000 East 10th Street

Taxable ValueLand$1,186,056Additions$634,644Total$1,820,700
Tax Record2024$24,067 ($2,006 / month)
Home Facts
Total Finished SqFt5,340 SqFtAbove Grade Finished SqFt5,340 SqFtLot Size4,502 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningLBR4NCountyLOS ANGELESAPN7274-023-010

Schools near 1000 East 10th Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Franklin Classical Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1000 East 10th Street is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on October 12, 2024 by I.X.A., it's currently listed at $1,298,000. It has been on the market for a total of 38 days and was last sold on December 22, 2021. This listing's school district is Long Beach Unified School District. Nearby schools include Lincoln Elementary School, Franklin Classical Middle School and Polytechnic High School. 1000 East 10th Street is a 15-bed, 7-bath, 5,340 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of I.X.A., Charles Picker, DRE #00414181

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.