309 East Louise Street

Long Beach, CA 90805

$899,000
Price
4
Beds
4
Baths
2,562 Sq. Ft.
$351 / Sq. Ft.
2,562
Sq. Ft.
$351
per Sq. Ft.

Description

Great opportunity to own a fourplex in North Long Beach! Each unit has one bedroom, one bathroom, a spacious living room, and a good-sized kitchen, along with a large lot and a detached car garage. One unit has been recently remodeled, boasting modern updates. This property is conveniently located near Adams Elementary School, freeways, stores, and parks. A must-see!Great opportunity to own a fourplex in North Long Beach! Each unit has one bedroom, one bathroom, a spacious living room, and a good-sized kitchen, along with a large lot and a detached car garage. One unit has been recently remodeled, boasting modern updates. This property is conveniently located near Adams Elementary School, freeways, stores, and parks. A must-see!
  1. Listed by Katherine Candelaria • DRE #01706876 • Brokerage DRE #01973567 • KC Realty Group • reoagent11@gmail.com

Property Details for 309 East Louise Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2562
Assessor Parcel Number
7126-032-011
LISTING UPDATED: 11/11/2024 03:24 AM

Property Details for 309 East Louise Street

StatusActive
MLS #PW24211181
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.14 AC / 6,179 SF
CountyLos Angeles County

Building Information for 309 East Louise Street

Stories1Residences-Year Built1949Building Size-Lot Size0.14 AC / 6,179 SF

Property Information for 309 East Louise Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $63,700
  • Net Operating Income: $59,300
Expense Details
  • Operating Expense: $4,400
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $2,500
  • Total Expenses: $4,500
Tax / Assessment Info
  • Tax Tract Number: 5134
  • Tax Census Tract: 5703.04
  • CFD/Mello-Roos Fee: $842
  • Tax Lot: 1046
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Outside
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 309 East Louise 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 309 East Louise Street

Taxable ValueLand$564,034Additions$257,543Total$821,577
Tax Record2024$10,966 ($914 / month)
Home Facts
Total Finished SqFt2,562 SqFtAbove Grade Finished SqFt2,562 SqFtLot Size6,179 SqFtStyleQuadraplexYear Built1949ZoningLBR1NCountyLOS ANGELESAPN7126-032-011

Schools near 309 East Louise 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 - 6 to 8
Rating
School
Distance
Addams Elementary School
PublicK to 5

Lindsey Academy
Public6 to 8

Jordan High School
Public9 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.

Similar Homes

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309 East Louise Street is a multi-family home for sale in Long Beach, CA 90805. This property was listed for sale on October 10, 2024 by KC Realty Group, it's currently listed at $899,000. It has been on the market for a total of 39 days and was last sold on September 9, 2007. This listing's school district is Long Beach Unified School District. Nearby schools include Addams Elementary School, Lindsey Academy and Jordan High School. 309 East Louise Street is a 4-bed, 4-bath, 2,562 sqft multi-family home built in 1949.

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 KC Realty Group, Katherine Candelaria, DRE #01706876

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.