FOR SALE
219 E 10th St
Long Beach, CA 90813
Willmore City
6 Beds
3 Baths
4,836 sqft
- 6 Beds
- 3 Baths
- 4,836 sqft
6 Beds
3 Baths
4,836 sqft
Local Information
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Commute Destination
Description
Rare Multifaceted High-Revenue Mixed-Use Property with Vast Upside Potential in Long Beach! Dive into this diversified investment, a mixed-use property yielding strong revenue with upside potential and preliminary redevelopment concept plans. Nestled in an evolving Long Beach neighborhood, this compelling asset covers two lots with separate APN's, merging lucrative commercial operations with updated residential spaces for a dynamic revenue stream. The front building features two retail store fronts on the ground level, and upstairs a three bedroom apartment features dual primary sized rooms with a common bathroom. The rear duplex qualifies as a multi-family residential duplex. Upstairs at the rear you'll find a two-bedroom apartment (converted) with great balcony space and tons of daylight. Downstairs rear is a large one bedroom apartment. Each residential unit has its own new laundry in-unit and there's a long driveway with off-street parking at the back. The two separate APN's of this purchase opportunity could allow for conventional financing of the rear duplex, increasing attainability for newer or first time investors. The allure of this property extends beyond its current income generating capabilities to a future filled with promise, highlighted by the preliminary sketches for the development of 20 micro-apartment as an option for future development. Envision the rent roll on a prospective 20 micro-units building! Recent improvements and new construction are reshaping the neighborhood, not to mention the cities investment of over $750MM on infrastructure via the "Elevate '28" plan. These two buildings collectively known as 219 E 10th Street stand out as a stellar choice for investors aiming for a combination of steady diversified income and the opportunity for expansive growth and appreciation. The strategic benefits of owning a desirable mixed-use building with upside potential, redevelopment potential, and situated on two APN's make this a rare gem. Updated units, off-street parking, a prime location, and a manageable 5 door roster underscore the ease of stepping into this investment for new investors and seasoned professionals alike. With the owner open to exploring offers as they venture into new opportunities via a 1031exchange (will require the buyer's cooperation), this scenario presents a rare window to invest a forward-thinking, multifaceted investment perfect for those poised to leverage the city's bright prospects and sights on the long term. APN #7273-007-037 and APN #7273-007-035. Subject to Long Beach / CA rent control law. All remarks made in good faith, however cannot be guaranteed by listing agent / broker.
Home Highlights
Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$362
Listed
35 days ago
Home Details for 219 E 10th St
Interior Features |
|---|
Interior Details Number of Rooms: 2Types of Rooms: Master Bedroom, Bathroom |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 4836 Square Feet |
Appliances & Utilities Appliances: Gas Oven, Gas Cooktop, Dryer, Washer, Disposal, Gas Water HeaterDisposalDryerLaundry: In UnitWasher |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Security Security: Exterior Security Lights |
Exterior Features |
|---|
Exterior Home Features Roof: FlatFencing: FencedOther Structures: OtherExterior: Balcony |
Parking & Garage Open Parking Spaces: 4No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 4Parking: Driveway Gate,Open,Tandem,Private |
Water & Sewer Sewer: Paid |
Days on Market |
|---|
Days on Market: 35 |
Property Information |
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Year Built Year Built: 1909 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: StuccoHas Additional Parcels |
Property Information Condition: Updated/RemodeledNot Included in Sale: Business related fixtures owned by tenants in the retail storefronts - units 215 and 219. List to be provided by seller during escrow.Included in Sale: Washer and Dryer Units in each of the three residential units. |
Price & Status |
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Price List Price: $1,750,000Price Per Sqft: $362 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Long Beach |
Agent Information |
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Listing Agent Listing ID: 24-371729 |
Building |
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Building Area Building Area: 4836 Square Feet |
Lot Information |
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Lot Area: 3476.088 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 3Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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Owner Pays: Grounds Care, WaterHas Rent Control |
Miscellaneous |
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Mls Number: 24-371729 |
Last check for updates: about 23 hours ago
Listing courtesy of Jeffrey Delancy DRE # 01988084, (949) 510-4350
Livel Real Estate, (949) 922-9552
Meital Taub DRE # 01871040, (949) 922-9552
Livel Real Estate, (949) 922-9552
Source: CLAW, MLS#24-371729
Price History for 219 E 10th St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/22/2024 | $1,750,000 | Listed For Sale | CLAW #24-371729 |
| 02/16/2023 | $1,350,000 | Sold | CRMLS #PW22185548 |
| 12/20/2022 | $1,399,000 | Contingent | CRMLS #PW22185548 |
| 10/24/2022 | $1,399,000 | PriceChange | CRMLS #PW22185548 |
| 09/30/2022 | $1,425,000 | PriceChange | CRMLS #PW22185548 |
| 09/25/2022 | $1,449,000 | PriceChange | CRMLS #PW22185548 |
| 09/19/2022 | $1,499,000 | PriceChange | CRMLS #PW22185548 |
| 09/06/2022 | $1,555,000 | PriceChange | CRMLS #PW22185548 |
| 08/24/2022 | $1,625,000 | Listed For Sale | CRMLS #PW22185548 |
| 06/22/2021 | ListingRemoved | CRMLS #PW20234227 | |
| 11/06/2020 | $1,289,000 | Listed For Sale | CRMLS #PW20234227 |
| 07/19/2019 | $1,025,000 | Sold | CRMLS #OC19055313 |
| 05/22/2019 | $1,050,000 | Pending | Agent Provided |
| 05/07/2019 | $1,050,000 | PriceChange | Agent Provided |
| 03/13/2019 | $1,100,000 | Listed For Sale | Agent Provided |
| 01/03/2019 | $1,150,000 | ListingRemoved | Agent Provided |
| 10/24/2018 | $1,150,000 | PriceChange | Agent Provided |
| 09/19/2018 | $1,200,000 | PriceChange | Agent Provided |
| 08/16/2018 | $1,250,000 | Listed For Sale | Agent Provided |
| 05/29/2018 | $850,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $9,947 |
| Assessment | $741,078 |
Home facts updated by county records
Comparable Sales for 219 E 10th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.43 | Multi-Family Home | $1,475,000 | 06/14/23 | 8 | 4 | 3,872 | |
0.35 | Multi-Family Home | $1,100,000 | 05/16/23 | 10 | 4 | 3,312 | |
0.50 | Multi-Family Home | $1,099,000 | 07/05/23 | 6 | 5 | 2,684 | |
0.62 | Multi-Family Home | $1,050,000 | 03/25/24 | 6 | 5 | 4,132 | |
0.59 | Multi-Family Home | $1,299,000 | 01/30/24 | 7 | 6 | 3,640 | |
0.42 | Multi-Family Home | $975,000 | 10/17/23 | 3 | 3 | 1,914 | |
0.58 | Multi-Family Home | $900,000 | 01/19/24 | 4 | 3 | 1,819 | |
0.59 | Multi-Family Home | $1,400,000 | 10/31/23 | 8 | 4 | 2,836 | |
0.56 | Multi-Family Home | $960,000 | 09/06/23 | 5 | 4 | 2,192 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Willmore City
- Trulia User
- Resident
- 1y ago
"homeless activity it hight here now. wish that was under control better. Parking is horrible, too populated "
- V.selene5
- Resident
- 3y ago
"It’s a nice neighborhood. But I absolutely hate like that there is no parking. Anywhere!!! They made too many apartments with not enough parking smh"
- Katherine E. W.
- Resident
- 4y ago
"Access to public transportation is good but A line needs better cleaning service and more security presence. Lots of sketchy opportunistic predators on certain stretches. Local transit is well maintained but schedules don't coordinate well with other lines. "
- Katherine E. W.
- Resident
- 4y ago
"The local bus service is not coordinated well with the train. The A line to Los Angeles is very unsafe with lots of sketchy characters who will steal your phone when you're not looking."
- Bridget H.
- Resident
- 4y ago
"Stray small dogs and poop often found around. There are a few dog walkers and they seem to take good care of the dogs."
- Arian M.
- Resident
- 4y ago
"we need more street lights or stop signs. too many car accidents are happening we also need more parking parking is really hard to find after 5 P.M"
- Bridget H.
- Resident
- 4y ago
"Aside of alcoholics and murderers nearby people often urinate and defecate in the alleys. This is not a safe area for kids... or even adults after dark. walk with pepper spray."
- Bret R.
- Resident
- 4y ago
"The blue line is a close walk. The 710 is a mile away. The area is easily accessible. I drive or take the train to compton which takes 15-20 minutes. "
- Marina D.
- Resident
- 4y ago
"Its pretty densely populated in this area, which means traffic very much depends on the day. Most the time it’s not too bad. I avoid the 710 at all costs and take 7th street always. "
- V.selene5
- Resident
- 4y ago
"It’s nice to live here. What sucks the most is the parking!! There is NEVER PARKING! People are selfish and the city of Long Beach does not care about the parking situation. That’s a huge issue in this city. Besides that it’s a good place to live in. "
- V.selene5
- Resident
- 4y ago
"Usually at the Drake park. Or like on Halloween the whole entire neighborhood is out enjoying the time. One thing I hate the most is when cars save parking for each other it’s not fair. Long Beach needs to make more parking!!!"
- Bridget H.
- Resident
- 4y ago
"Lots of homeless. Dont walk down most alleys past 7pm. It is dangerous. Lots of drunks. Urine in alleys and sometimes feces. I have lived here for 1 year."
- V.selene5
- Resident
- 4y ago
"They have special summer events at the park. Besides that it’s walking distance to downtown LongBeach and the beach also the The Pike Outlets. I love living here. "
- Sil_ramirez1
- Resident
- 5y ago
"Lived in this neighborhood for 2 years and there’s no parking, never! People are friendly and walk their dogs everyday. "
- Kjmitch39
- Resident
- 5y ago
"My neighborhood is quiet, friendly and diverse. It's close to everything, including the Metro train to LA, and the water."
- Kythompson52
- Resident
- 5y ago
"that we get along well and I know the grocery store people by first name base it's very friendly people who live in this neighborhood "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jeffrey Delancy, Livel Real Estate
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
219 E 10th St, Long Beach, CA 90813 is a 6 bedroom, 3 bathroom, 4,836 sqft multi-family built in 1909. 219 E 10th St is located in Willmore City, Long Beach. This property is currently available for sale and was listed by CLAW on Mar 22, 2024. The MLS # for this home is MLS# 24-371729.