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

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

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®

Prudential California Realty

3728 Atlantic Avenue

Long Beach, CA 90807

(562) 212-5420

Long Beach CA Real Estate
 

contact featured listings

mls wizard Long Beach Condos for Sale
 



Related Posts
Downtown Long Beach Market Report - January 2007
Title Insurance Issues
Hollywood Loves Long Beach California
FREE Southern California and Long Beach MLS Search
How to Hire the Best REALTOR in Your Area


http://www.longbeachrealestatehome.com/001AF0
Posted on January 28, 2008 10:33:32 by Laurie.Manny
digg me Reddit newsvine del.icio.us Technorati Stumble Upon Toolbar
Print Laurie.Manny Email 1 feedback »
Comment from: Ann Cummings [Visitor] Email · http://www.NewHampshireMaineRealEstate.com

Laurie - this is a great report for those who own multi-family properties, as well as those looking to get into the investment property market.

PermalinkPermalink February 09, 2008 15:21:38
Comment on this article


Your email address will not be displayed.


Your URL will be displayed.
Poor Excellent

Standard HTML is allowed in posts

Line breaks become <br />


Remember me


Allow users to contact you through a message form.
Captcha image.

Please enter the characters from the image above. (case insensitive)

This post has no comments awaiting moderation.

 

To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.