1721 East Appleton Street

Long Beach, CA 90802

$3,250,000
Price
3
Beds
14
Baths
8,946 Sq. Ft.
$363 / Sq. Ft.
8,946
Sq. Ft.
$363
per Sq. Ft.

Description

Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors,...Located in the sought-after Alamitos Beach of Long Beach near Bixby Park. Value add property with approximately 33% in rental upside. This property offers a unit mix of (10) ten one-bedrooms and (2) two two-bedrooms. Pride of ownership offering a well-maintained property for new ownership. Recent renovations include copper plumbing and windows throughout. The property offers convenient laundry facility on site. The units themselves are well-appointed with gas cooking, electric heating, hardwood floors, and ceiling fans, and wall heaters ensuring a comfortable living environment. The building has a historically high tenant retention rate, due to its location in highly desirable North Alamitos Beach.
  1. Listed by Christopher Walker • DRE #01905338 • Brokerage DRE #01921625 • Triqor Group • chris.walker@triqorgroup.com

Property Details for 1721 East Appleton Street

Parking Spaces Total
6
Private Pool
No
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
8946
Assessor Parcel Number
7275-013-029
Property Attached YN
true
LISTING UPDATED: 11/27/2024 03:00 AM

Property Details for 1721 East Appleton Street

StatusActive
MLS #PW24241198
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
CountyLos Angeles County

Building Information for 1721 East Appleton Street

Building/Complex1721 E Appleton StFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-

Property Information for 1721 East Appleton Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $229,949
  • Gross Scheduled Income: $237,061
  • Net Operating Income: $143,890
Expense Details
  • Operating Expense: $86,059
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $86,059
Tax / Assessment Info
  • Tax Block: 129
  • Tax Tract Number: 0
  • Tax Census Tract: 5765.03
  • CFD/Mello-Roos Fee: $2,267
  • Tax Lot: 0
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: /
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Alamitos Beach
  • Builders Tract Code: Alamitos Beach (AB)
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,442
  • Unit Type Total Rent: $14,420
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,388
  • Unit Type Total Rent: $4,776
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 2

Property History for 1721 East Appleton 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 1721 East Appleton Street

Taxable ValueLand$454,528Additions$460,118Total$914,646
Tax Record2024$13,676 ($1,140 / month)
Home Facts
Total Finished SqFt8,946 SqFtAbove Grade Finished SqFt8,946 SqFtLot Size8,267 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLBR2NCountyLOS ANGELESAPN7275-013-029

Schools near 1721 East Appleton 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
Burbank 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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1721 East Appleton Street is a multi-family home for sale in Long Beach, CA 90802. This property was listed for sale on November 27, 2024 by Triqor Group, it's currently listed at $3,250,000. It has been on the market for a total of 40 days and was last sold on September 11, 2013. This listing's school district is Long Beach Unified School District. Nearby schools include Burbank Elementary School, Franklin Classical Middle School and Polytechnic High School. 1721 East Appleton Street is a 3-bed, 14-bath, 8,946 sqft multi-family home built in 1957.

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 Triqor Group, Christopher Walker, DRE #01905338

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.