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183 E Pleasant Street, Long Beach, CA 90805
2
beds
2
baths
988
ft2
· 2035
ft2 lot
$549,000
$556 / ft2
Listing provided courtesy of Anthony Walker, Buckingham Investments, Inc.
Source CRMLS.
One unit may be delivered vacant at close! Perfect starter duplex only 2 blocks North of Bixby Knolls. Two 1 bed, 1 bath units with a 2 car attached garage and an onsite laundry room between units. New roof installed in 2017. Granite counters in kitchens. Units are clean and rented close to market, but with a 9% upside remaining for future cash flow. Super low expense building with no landscaping to water. Only one block from Dooley Elementary School and national retailers at Long Beach Blvd and Del Amo. Cash flow right at close to start your rental portfolio.
HOA
$0/month
On market
2 months
Year built
1956
Property type
Multi-Family
Parking
2
MLS
SB21031470
Price / Sq.Ft.
$556 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Average1 Bed Area: 494
Interior Size
•   
Building Area Total: 988.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 2.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: LBR1N
•   
Num Stories: One
•   
Year Built Source: Public Records
Lot Info
•   
Lot Features: 0-1 Unit/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.0467
•   
Lot Size Area: 2035.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 2
Property Features
•   
Common Walls: 1 Common Wall
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Garage Income: 0.00
•   
Gross Operating Income: 32493.00
•   
Garage Rental Rate: 0.00
•   
Water Sewer Expense: 1504.00
•   
Maintenance Expense: 1625.00
•   
Cap Rate: 3.50
•   
Fuel Expense: 548.00
•   
Trash Expense: 474.00
•   
New Taxes Expense: 6863.00
•   
Insurance Expense: 800.00
•   
Vacancy Allowance: 1647
•   
Total Expenses: 13102.00
•   
Gross Scheduled Income: 32940.00
•   
Operating Expense: 13102.00
•   
Gross Multiplier: 16.00
Tax/Assessment Info
•   
Gross Income: 32940.00
•   
Tax Year: 2019
•   
Taxes: 5285.0
Lease Info
•   
Net Operating Income: 19391.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 1289.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1425.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1425.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1320.00
•   
Unit 1 Total Rent: 1320.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Other Subdivision Name: North Long Beach (NLB)
•   
Subdivision: North Long Beach (NLB)
•   
Community Features: Urban
School Info
•   
Directions: North side of street, 1 block East of Long Beach Blvd
Other
Calculation
•   
Dom: 41
•   
Cdom: 41
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 21, 2021 3:08am
Neighborhood snapshot
70
Properties for sale
7
Median days on market
$450.45
Median sold price/sqft
102.56%
Sold/List %
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Property History
02/16/2021
02/16/2021
CRMLS #SB21031470
active
CRMLS #SB21031470
$549,000
+36.74%
12/05/2017
12/05/2017
Public Record
sold
Public Record
$401,500
+36.10%
01/20/2005
01/20/2005
Public Record
sold
Public Record
$295,000
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