1980 Harbor Avenue
Description
6.33% Cap and a 10.3 GRM! Built in 1964, the Harbor Ave. apartment is a garden style building surrounding a
courtyard. Situated on a 9,350 Sq. Ft lot, the property offers an incredible unit mix of (5)
Three-Bedroom/One-Bathroom units and (5) Two-Bedroom/One-Bathroom units. There are a total of (14) parking spaces, with (7) single car Garages on-site and
additional room to park another car behind each space. Tenants feature on-site...1980 Harbor Ave is a 10-unit apartment located in Long Beach, operating at a
6.33% Cap and a 10.3 GRM! Built in 1964, the Harbor Ave. apartment is a garden style building surrounding a
courtyard. Situated on a 9,350 Sq. Ft lot, the property offers an incredible unit mix of (5)
Three-Bedroom/One-Bathroom units and (5) Two-Bedroom/One-Bathroom units. There are a total of (14) parking spaces, with (7) single car Garages on-site and
additional room to park another car behind each space. Tenants feature on-site laundry. This building has been well maintained by ownership, and offers immediate rental
upside to the new buyer.
- Listed by Parker Boehle • DRE #02054215 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc • 310-988-8361
- Listed by Brent Sprenkle • DRE #01290116 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc
Property Details for 1980 Harbor Avenue
Property Details for 1980 Harbor Avenue
| Status | Active |
|---|---|
| MLS # | OC24131764 |
| Days on Market | 143 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1964 |
| County | Los Angeles County |
Building Information for 1980 Harbor Avenue
Property Information for 1980 Harbor Avenue
- Gross Income: $261,985
- Gross Scheduled Income: $261,985
- Net Operating Income: $170,830
- Gross Multiplier: 10.31
- Cap Rate: 6.33
- Operating Expense: $83,323
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $82,852
- Tax Block: 13
- Tax Tract Number: 1833
- Tax Census Tract: 5780.00
- CFD/Mello-Roos Fee: $2,027
- Tax Lot: 5
- Community Features: Gutters, Sidewalks, Street Lights
- Laundry: Yes
- Laundry Features: Common Area
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 10
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 7
- Parking Garage Spaces: 7
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,300
- Unit Type Total Rent: $2,300
- Unit Type Pro Forma: 2750
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,895
- Unit Type Total Rent: $1,895
- Unit Type Pro Forma: 2200
- Unit Type Type: 10
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,750
- Unit Type Total Rent: $2,750
- Unit Type Pro Forma: 2750
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,200
- Unit Type Total Rent: $2,200
- Unit Type Pro Forma: 2200
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,831
- Unit Type Total Rent: $1,831
- Unit Type Pro Forma: 2200
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,395
- Unit Type Total Rent: $2,395
- Unit Type Pro Forma: 2750
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,750
- Unit Type Total Rent: $2,750
- Unit Type Pro Forma: 2750
- Unit Type Type: 6
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,895
- Unit Type Total Rent: $1,895
- Unit Type Pro Forma: 2200
- Unit Type Type: 7
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,901
- Unit Type Total Rent: $1,901
- Unit Type Pro Forma: 2200
- Unit Type Type: 8
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,867
- Unit Type Total Rent: $1,867
- Unit Type Pro Forma: 2750
- Unit Type Type: 9
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 10
- Number Of Separate Gas Meters: 10
- Number Of Separate Water Meters: 1
Property History for 1980 Harbor Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1980 Harbor Avenue
Schools near 1980 Harbor Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Garfield Elementary School PublicK to 5 | ||
Muir K-8 PublicK to 8 | ||
Cabrillo High School Public9 to 12 | ||
IVA - Intellectual Virtues Academy Middle School Charter6 to 8 |
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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Listing Courtesy of NorthMarq Realty Services, Inc, Parker Boehle, DRE #02054215; NorthMarq Realty Services, Inc, Brent Sprenkle, DRE #01290116
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.