Seller's Agent in 2021
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
3 in this area
51 Total Sales
1 Covina Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $2,163,000 - $2,891,246
6
Beds
4
Baths
2,864
Sq Ft
$909/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Wood Flooring
- Naples Bayside Academy Rated A
- Fishing
- No HOA
About This Home
As of August 2021Pride of Ownership, Trophy Property! Located within the highly sought-after community of Belmont Shore, merely footsteps from the sand. 1 Covina is a picturesque, impeccably maintained, 1950’s building, with expansive ocean front views from every unit. Assets of this caliber, situated on Ocean Blvd, rarely hit the market! The Building is comprised of 2 - 2 bedroom x 1 bathroom nicely sized units and 2 large 1 bedroom x 1 bathroom units. The building is separately metered for gas and electric, has a community laundry and one garage space.. Not only mere steps from the sand but just a short stroll to “2nd street”, which houses most of Long Beaches best fashion stores, restaurants, bars, coffee shops and everything that’s wonderful about Long Beach and Southern California!
Last Agent to Sell the Property
Kinnery's Brokerage House License #01852032 Listed on: 05/25/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950 | Remodeled
Lot Details
- 2,344 Sq Ft Lot
- Lot Dimensions are 26 x 90
- Beach Front
- 1 Common Wall
- Rectangular Lot
Parking
- 1 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 2,864 Sq Ft Home
- 2-Story Property
- Ocean Views
- Gas Cooktop
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 31 / 28
- Tax Tract Number 3750
- Assessor Parcel Number 7247024027
Community Details
Overview
- No Home Owners Association
- 4 Units
- Belmont Shore Subdivision
Recreation
- Fishing
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $49,035
- Gross Income $105,000
- Net Operating Income $53,865
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2019
Sold by
York Rice Corinna and Rice Andrew A
Bought by
York Rice Corinna
Current Estimated Value
Purchase Details
Closed on
Mar 9, 2015
Sold by
1 Covina Ave Llc
Bought by
York Rice Corinna and Rice Andrew A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2012
Sold by
Rice Andrew A and York Rice Corinna
Bought by
1 Covina Ave Llc
Purchase Details
Closed on
May 15, 2002
Sold by
Mcnevin John Walter and Declaration Of Tr Of John Walt
Bought by
Rice Andrew A and York Rice Corinna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.86%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| York Rice Corinna | -- | None Available | |
| York Rice Corinna | -- | Provident Title Company | |
| 1 Covina Ave Llc | -- | None Available | |
| Rice Andrew A | $750,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | York Rice Corinna | $489,500 | |
| Previous Owner | Rice Andrew A | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2021 08/11/21 | Sold | $2,600,000 | -1.9% | $908 / Sq Ft |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 05/25/2021 05/25/21 | For Sale | $2,650,000 | -- | $925 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,847 | $2,759,140 | $1,793,441 | $965,699 |
| 2024 | $34,318 | $2,705,040 | $1,758,276 | $946,764 |
| 2023 | $33,746 | $2,652,000 | $1,723,800 | $928,200 |
| 2022 | $31,640 | $2,600,000 | $1,690,000 | $910,000 |
| 2021 | $12,633 | $1,003,515 | $313,094 | $690,421 |
| 2020 | $12,600 | $993,226 | $309,884 | $683,342 |
| 2019 | $12,452 | $973,752 | $303,808 | $669,944 |
| 2018 | $12,143 | $954,659 | $297,851 | $656,808 |
| 2016 | $11,170 | $917,590 | $286,286 | $631,304 |
| 2015 | $10,721 | $903,808 | $281,986 | $621,822 |
| 2014 | $10,651 | $886,105 | $276,463 | $609,642 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Jacques
-
William Herman
W
Buyer's Agent in 2021
William Herman
Pierside Realty, Inc.
(310) 376-1112
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21110661
APN: 7247-024-027
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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