2422 East 11th Street

Long Beach, CA 90804

$2,560,000
Price
16
Beds
8
Baths
5,848 Sq. Ft.
$438 / Sq. Ft.
5,848
Sq. Ft.
$438
per Sq. Ft.

Description

First time on the market in 22 years! Prime 8 unit 1980's construction with ground floor covered parking for 16 cars. All 2 bedroom/1bath units. ONSITE LAUNDRY ROOM MACHINES OWNED FOR SELLER NOT LEASED AND BRINGS IN ADDITIONAL INCOME. 5.1 CAP and 13.3 X GROSS. Long term pride of ownership. Majority of units remodeled. Close to csulb and 4th street shopping!First time on the market in 22 years! Prime 8 unit 1980's construction with ground floor covered parking for 16 cars. All 2 bedroom/1bath units. ONSITE LAUNDRY ROOM MACHINES OWNED FOR SELLER NOT LEASED AND BRINGS IN ADDITIONAL INCOME. 5.1 CAP and 13.3 X GROSS. Long term pride of ownership. Majority of units remodeled. Close to csulb and 4th street shopping!
  1. Listed by Kristina Moore • DRE #01926377 • Brokerage DRE #01926377 • The Moore Group • 7148097608

Property Details for 2422 East 11th Street

Parking Spaces Total
16
Private Pool
No
Cooling Type
N/K
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5848
Assessor Parcel Number
7262-004-010
LISTING UPDATED: 11/26/2024 09:18 PM

Property Details for 2422 East 11th Street

StatusActive
MLS #PW24202418
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
CountyLos Angeles County

Building Information for 2422 East 11th Street

Building/Complex2422 E 11th StFloor-Stories2Residences-Pet Policy-Year Built1987Building Size-

Property Information for 2422 East 11th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $186,492
  • Gross Scheduled Income: $186,492
  • Net Operating Income: $126,815
Expense Details
  • Operating Expense: $59,677
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 5769
  • Tax Census Tract: 5769.01
  • CFD/Mello-Roos Fee: $1,539
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: FRONT GATE
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 16
  • Parking: Yes
  • Parking Garage: Converted Garage
  • Parking Garage Spaces: 16
  • Carport Spaces: 0
  • Parking Features: Converted Garage
Property / Structure Info
  • Builders Tract Name: Eastside
  • Builders Tract Code: Eastside (ES)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,824
  • Unit Type Total Rent: $1,824
  • Unit Type Pro Forma: 1970
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,925
  • Unit Type Total Rent: $1,925
  • Unit Type Pro Forma: 2079
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,945
  • Unit Type Total Rent: $1,945
  • Unit Type Pro Forma: 2101
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,848
  • Unit Type Total Rent: $1,848
  • Unit Type Pro Forma: 1996
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,824
  • Unit Type Total Rent: $1,824
  • Unit Type Pro Forma: 1970
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,975
  • Unit Type Total Rent: $1,975
  • Unit Type Pro Forma: 2133
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1

Property History for 2422 East 11th 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 2422 East 11th Street

Taxable ValueLand$327,424Additions$802,029Total$1,129,453
Tax Record2024$15,590 ($1,299 / month)
Home Facts
Total Finished SqFt5,848 SqFtAbove Grade Finished SqFt5,848 SqFtLot Size6,558 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLBR2NCountyLOS ANGELESAPN7262-004-010

Schools near 2422 East 11th 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
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson 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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2422 East 11th Street is a multi-family home for sale in Long Beach, CA 90804. This property was listed for sale on October 1, 2024 by The Moore Group, it's currently listed at $2,560,000. It has been on the market for a total of 76 days and was last sold on November 1, 2002. This listing's school district is Long Beach Unified School District. Nearby schools include Willard Elementary School, Jefferson Leadership Academies School and Wilson High School. 2422 East 11th Street is a 16-bed, 8-bath, 5,848 sqft multi-family home built in 1987.

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 The Moore Group, Kristina Moore, DRE #01926377

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.