3915 E 11th Street Long Beach, CA $ 1,395,000
3915 E 11th Street
$ 1,395,000
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3915 E 11th Street

Long Beach, CA, 90804
$ 1,395,000
Bedrooms7 Baths4.0 Sq 3,091

Monthly Estimate*

$ 9,744

Listed by Century 21 Masters
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Multi-Family Home for sale in Long Beach, CA

for $1,395,000 with 7 bedrooms and 4 full baths. This 3,091 square foot home was built in 1949 on a lot size of 0.1101.

Introducing a pristine 3091 sq ft quadruplex in Long Beach, featuring four units in excellent condition. Cap rate 5% approximately.This investment gem comprises two one-bedroom units, one two-bedroom unit, and a spacious three-bedroom residence. Nestled in a sought-after neighborhood where neighbors stroll with their pets and foster a sense of community, this property offers more than just a living space. One of the units boasts its own convenient laundry area, while all residences are meticulously clean and well-maintained both inside and out. Natural light floods through the large windows, creating a bright and airy atmosphere, and ensuring a constant flow of fresh air. The upstairs unit showcases modernity with newer kitchen cabinets and elegant granite countertops. Step outside to the backyard oasis, a perfect blend of greenery and relaxation space. This quadruplex is not just an investment; it's an opportunity to own a piece of tranquility in a thriving community. Don't miss your chance to be a part of this desirable section of Long Beach.

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Multi-Family Active

Price

$ 1,395,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Modern

Lot Size

0.1101

Year Built

1949

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

DW23231425

Days on Market

116

Features
General
Interior Features CeilingFans Storage
Sewer PublicSewer
Heating WallFurnace
Cooling None
Utilities ElectricityAvailable ElectricityConnected NaturalGasAvailable NaturalGasConnected SewerConnected WaterAvailable WaterConnected
Roof Clay Composition Flat
Appliances GasRange GasWaterHeater Microwave Refrigerator
Exterior Features Lighting RainGutters
Zoning LBR3S
HOA 0.0
Garage Spaces 0.0
Architectural Style Modern
Pool Features None
Security Features SmokeDetectors SecurityLights
Construction Materials Drywall Concrete Stucco
Year Built 1949
Electric Standard
Tenant Pays CableTV Electricity Gas
View CityLights Neighborhood
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 87300.0
Community Features Biking Curbs Park StreetLights Sidewalks
Accessibility AccessibleDoors
County Los Angeles
Net Operating Income 70860.0
Operating Expense 16440.0
Insurance Expense 125.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Seller might complete a 1031 Exchange at no cost to the buyer
Garage Y/N N
Other Structures Storage
Special Listing Conditions Standard
Status Active
Directions From 605 south fwy exit right on Long Beach Blvd. then make right on E Pacific Coast Hwy then left on E Anaheim St. then left on Termino Ave. Then right on 11th St.
City Long Beach
Entry Location Ground
View Y/N Y
Senior Community Y/N N
Total Units 4
MLS Area 3 - Eastside Circle Area
Lot Size Square Feet 4796.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name 11th
Listing Terms Cash Conventional Item1031Exchange FHA VALoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 500.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 200.0
Water Sewer Expense 300.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 88
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 79
Property Sub Type Additional Quadruplex
Expected Active Date 2024-01-15
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Interior
Flooring Carpet Laminate Vinyl
Fireplace Features None
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features CustomCoverings Drapes WoodFrames
Fireplace Y/N N
Street Suffix Street
Laundry Features Inside None
Entry Level 4
Electric On Property Y/N N
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Exterior
Fencing Block ChainLink GoodCondition Wood
Parking Features None
Lot Features Item01UnitAcre
Water Source Public
Total Parking 0.0
Lot Size Area 4796.0
Foundation Details Raised
Number of Buildings 1
Spa N
Building Area Total 3091.0
Lot Size Acres 0.1101
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3915
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* Excluded Features
List By
Century 21 Masters

Broker

(562) 307-1056

Phone

Affordability Calculator

$9,744
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,744
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$1,395,000 -4.96% Price Down
2/13/2024$1,467,750 -5.00% Price Down
1/15/2024$1,545,000 Listed Price

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3915 E 11th Street, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,395,000 with 3,091 sqft and a lot size of 0.1101. 3915 E 11th Street has 7 bedrooms, 4.0 baths, and was built in 1949. The property's zip code is 90804 which is in Long Beach, CA