216 Esperanza Overview
- Time on Site:
- 9 days
- Visits:
- 0
Very well maintained, upgraded, and spacious (3816 sq. ft) (4) l bedroom units (approx. 950 sq. ft. ea.) located in the heart of the Alamitos Beach, a very desirable residential neighborhood---LOCATION/LOCATION/LOCATION !!!.....These 4 units are 2 blocks from the beach and adjacent to Bluff Park with a very high walk score.....abundant shopping/restaurants/bars/ & BEACH within EZ 5-15 minute walk. Public transportation on the corner.....E. BROADWAY. Again, a few blocks away is The EAST VILLAGE ARTS DISTRICT with historic Art Deco architecture and a mix of artists lofts, mid-century furniture stores, and sidewalk cafes like The Breakfast Bar, Berlin Bistro & others....a delightful area to enjoy eclectic food choices and good drinks. Retro Row along East 4th St. is another wonderful area....again, just a few blocks away....a large choice of restaurants/bars and great shopping opportunities with new and used merchandise offered from a variety of independently owned small establishments.....A GREAT AREA TO VISIT. The 4 unit actual rents are shown reflecting long term residents....projected numbers used for the analysis to see the fairly short term projections for a financially prudent investment property. In seller's family for almost 50 years....!!! It is a keeper property.......you will enjoy owning it!!!!
216 Esperanza Facts & Features
- Type Multi-Family
- Sq. ft. 3,816
- Price/Sq.ft. $380
- Lot 0.08 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gardener Expense: 1200.0
- Gross Scheduled Income: 94800.0
- Insurance Expense: 3500.0
- Maintenance Expense: 6000.0
- Net Operating Income: 57306.0
- New Taxes Expense: 21750.0
- Operating Expense: 34650.0
- Trash Expense: 600.0
- Water Sewer Expense: 1400.0
Listing Information
- Contingency: seller will enter into an exchange situation...no issue to buyer.
Building Information
- New Construction: No
- Year Built: 1921
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: 4 - Downtown Area, Alamitos Beach
- Postal City: LONG BEACH
Community/Development
- Community Features: Curbs,Sidewalks,Urban
Rent/Lease Information
- Land Lease: No
- Tenant Pays: Electricity,Gas,Telephone
General Information
- Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Parcel Number: 7265012024
- Property Sub Type: Apartment
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 1.0
- Garage: Yes
Building Interior
- Building Area Total: 3816.0
- Building Area Units: Square Feet
General Information
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: ground
- Fireplace Features: None
- Fireplace: No
- Laundry Features: None
- Stories Total: 2
Exterior
Parking Information
- Parking Features: Detached Carport
- Parking Total: 1.0
Lot Information
- Additional Parcels: No
- Lot Features: Level,Street Level
- Lot Size Area: 3296.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 3296.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Carport: Yes
- Number Of Units Total: 4
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
- Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
216 Esperanza Neighborhood
Community
90802 (Long Beach) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.216 Esperanza Monthly Cost
216 Esperanza Market Data
Based on the last 30 days in this zip code
216 Esperanza History
| Date | Value | Agent |
|---|---|---|
| 6/21/2026Source: CRMLS | Active |
|
| 6/21/2026Source: CRMLS | June 21, 2026 |
Contact Information: [email protected] - 800-763-7154