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Long Beach, CA 90804 4130 E 10th Street

$2,495,000

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Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
  • MLS# PW23051127
  • 03/28/2023
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  • BedBeds • 10
  • BathBaths • 1
  • FootageSQFT • 3,480

Home Details

4130 E. 10th Street is a 10-unit apartment building in a quiet neighborhood near Belmont Heights in Long Beach, California. The property consists of ten (10) studio units. Six (6) of the units have been renovated with new flooring, updated kitchens with new stainless steel appliances and updated bathrooms. An adjacent parking lot offers eight (8) surface parking spaces with potential for additional income. On site laundry is available, contributing to the current income. The building is master metered for gas and electricity and has an in-place RUBS program. The property is located nearby to Recreation Park Golf Course and Colorado Lagoon which offer various outdoor activities. Additionally, the property is located less than two (2) miles to California State University Long Beach, which has a student population of 37,500 and employed faculty of 2,000. 4130 E. 10th Street provides a new owner with strong in-place cash flow with the opportunity to remodel the remaining four (4) units.
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916

Interior Features for 4130 E 10th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet

General for 4130 E 10th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
Days on Market356
DirectionsXimeno Ave & E 10th St
Electric Expense4000.0
Fuel Expense4000.0
Garage Spaces0.0
Garage Y/NNo
Gross Income180857.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet5864.0
MLS Area2 - Belmont Heights, Alamitos Heights
MaintenanceExpense7000.0
MobileHomeRemainsYNNo
Net Operating Income108477.0
New ConstructionNo
Open Parking Spaces8.0
Operating Expense72485.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street Name10th
Subdivision NameBelmont Heights (BH)
Tax Lot1
Taxes$31,182
Total Units10
Trash Expense4000.0
View Y/NNo
Water Sewer Expense4000.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLBR3S

Exterior for 4130 E 10th Street

Building Area Total3480.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.1346
Lot Size Area5864.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,495,000
MLS#PW23051127
List Date 03/28/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors