Long Beach Income Property Market Report-January-December 2007-Including Signal Hill
1 comment »Long Beach Real Estate
Long Beach & Signal Hill Income Property Report
January - December 2007
Duplexes
| Closed Sale - 187 Long Beach & Signal Hill Duplex Properties | |||||||||
| Units |
Bldg SqFt |
GSI |
List Price | LP/SqFt | SP/SqFt | SP/LP | SP/OLP | DOM | |
| Min | 2 | 776 | $ 0 | $ 25,000 | $ 0 | $ 0 | 60% | 60% | 0 |
| Avg | 2 | 1,744 | $ 15,349 | $ 686,997 | $ 375 | $ 347 | 98% | 95% | 74 |
| Max | 2 | 3,728 | $ 435,000 | $ 2,750,000 | $ 718 | $ 718 | 126% | 141% | 360 |
Triplexes
| Closed Sale - 41 Long Beach & Signal Hill Triplex Properties | |||||||||
| Units |
Bldg SqFt |
GSI |
List Price | LP/SqFt | SP/SqFt | SP/LP | SP/OLP | DOM | |
| Min | 3 | 1,176 | $ 0 | $ 444,000 | $ 122 | $ 0 | 88% | 75% | 7 |
| Avg | 3 | 2,306 | $ 25,933 | $ 733,839 | $ 317 | $ 271 | 98% | 96% | 117 |
| Max | 3 | 3,228 | $ 75,000 | $ 1,795,000 | $ 791 | $ 420 | 104% | 251% | 375 |
4-Plexes
| Closed Sale - 84 Long Beach & Signal Hill Triplex Properties | |||||||||
| Units |
Bldg SqFt |
GSI |
List Price | LP/SqFt | SP/SqFt | SP/LP | SP/OLP | DOM | |
| Min | 4 | 1,668 | $ 0 | $ 510,000 | $ 129 | $ 0 | 79% | 69% | 0 |
| Avg | 4 | 3,297 | $ 46,948 | $ 860,372 | $ 272 | $ 268 | 98% | 95% | 93 |
| Max | 4 | 5,273 | $ 99,780 | $ 1,850,000 | $ 571 | $ 571 | 105% | 105% | 360 |
5 + Units
| Closed Sale - 87 Long Beach & Signal Hill Properties | |||||||||
| Units |
Bldg SqFt |
GSI |
List Price | LP/SqFt | SP/SqFt | SP/LP | SP/OLP | DOM | |
| Min | 5 | 2,628 | $ 0 | $ 588,800 | $ 118 | $ 0 | 76% | 65% | 1 |
| Avg | 10 | 7,097 | $ 109,558 | $ 1,430,670 | $ 205 | $ 168 | 95% | 93% | 106 |
| Max | 38 | 35,668 | $ 600,720 | $ 7,500,000 | $ 493 | $ 462 | 108% | 121% | 331 |
1031 Exchange information available on request.
Related Posts
Bluff Park Historic District Neighborhood Market Report - Long Beach CA Real Estate SalesWrigley Homes For Sale $500000 to $600000 Long Beach Ca Real Estate For Sale
Long Beach Homes For Sale $900000 to $1200000-Long Beach Real Estate For Sale
Long Beach Home and Income Property Tax Pending
Long Beach Own Your Owns-OYO-OYOs-Condo Conversions-Income Properties in Long Beach
| Laurie MannyLong Beach Realtor (562) 212-5420 |
|
Main Street Realtors Belmont Heights 244 Redondo Avenue Long Beach California 90803 |
|
|
|
|
|
|
|
Posted on January 28, 2008 11:33:32 by Laurie.Manny
Permalink February 09, 2008 17:21:38
Comment from: Ann Cummings [Visitor] 
· http://www.NewHampshireMaineRealEstate.com
· http://www.NewHampshireMaineRealEstate.comLaurie - this is a great report for those who own multi-family properties, as well as those looking to get into the investment property market.
Permalink February 09, 2008 17:21:38Comment on this article
This post has no comments awaiting moderation.
Copyright © 2008 - Long Beach Homes and Condos For Sale