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Jan
28


Long Beach Income Property Market Report-January-December 2007-Including Signal Hill

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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. 

 

 

 


Laurie Manny
Long Beach Realtor (562) 212-5420

Main Street Realtors Belmont Heights 244 Redondo Avenue Long Beach California 90803

Long Beach Real Estate BlogLong Beach Real Estate Website

Long Beach Income Property Market Report-January-December 2007-Including Signal Hill
Posted on January 28, 2008 by Laurie Manny

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Laurie Manny

Main Street Realtors
Belmont Heights
244 Redondo Avenue
Long Beach California 90803

Lic.#01321200

.

(562) 212-5420


Contact Laurie

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