Dennis Hartley
Compass
(424) 541-1237
61 Total Sales
1 in Alamitos Beach
$900,000 Price
1009 E 2nd St Long Beach, CA 90802
Alamitos Beach Neighborhood
5
Beds
6
Baths
7,376
Sq Ft
7,467
Sq Ft Lot
Highlights
- 0.17 Acre Lot
- Long Beach Polytechnic High School Rated A
- Laundry Facilities
About This Home
As of July 20221009 E. 2nd Street is an 8-unit investment asset in prime Alamitos Beach. The property is comprised of five 1 BD/1 BA units; two 2BD/2 BA units; and one 2 BD/2.5 BA unit. All apartments are bright and sizable; five have been meticulously renovated with modern fixtures and finishes, including new countertops, laminate wood flooring, stainless steel appliances, bathtubs and vanities, ceiling fans, lighting, and window coverings. Exterior and common area renovations include a remodeled laundry room with new machines, modern fencing, paint and hardware, as well as drought-tolerant landscaping, drip irrigation and lighting. Eight parking spaces, onsite laundry facilities and six storage units provide additional income.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 05/10/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 7,467 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 2 Car Garage
- 6 Carport Spaces
Home Design
- Apartment
Interior Spaces
- 7,376 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Legal Lot and Block 3 / 96
- Tax Tract Number 5766
- Assessor Parcel Number 7265002023
Community Details
Overview
- 8 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $840
- Fuel Expense $840
- Gardener Expense $2,340
- Insurance Expense $3,600
- Maintenance Expense $4,000
- Other Expense $2,000
- Pest Control $500
- Professional Management Expense $9,462
- Trash Expense $840
- Water Sewer Expense $840
- New Taxes Expense $44,203
- Operating Expense $69,965
- Gross Income $210,258
- Net Operating Income $140,293
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2022
Closed on
Jul 5, 2022
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Vlad Rodov
West Shores Realty, Inc.
List Price
$3,600,000
Sold Price
$3,580,000
Premium/Discount to List
-$20,000
-0.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$937,343
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,340,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 25, 2007
Sold by
Bought by
Purchase Details
Closed on
Aug 13, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Alamitos Beach, CA
-
Dennis Hartley
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
2 in Alamitos Beach
$356,000 Price Range
-
Melinda Brock
Melinda Brock
Responds QuicklyEstate Properties
(424) 488-1665
48 Total Sales
2 in Alamitos Beach
$485,000 Price Range
-
John Rudy
John Rudy
Trends RE Inc.
(747) 271-4844
33 Total Sales
1 in Alamitos Beach
$920,000 Price
-
Cheryl Newton
Cheryl Newton
Berkshire Hathaway HomeService
(949) 430-6605
79 Total Sales
2 in Alamitos Beach
$1,165,000 Price Range
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
5 in Alamitos Beach
$595K - $1.6M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,580,000 | Ticor Title | ||
| $2,000,000 | Ticor Title Company | ||
| -- | None Available | ||
| $303,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,000,000 | ||
| Previous Owner | $13,340,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $3,580,000 | -0.6% | $485 / Sq Ft |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $3,600,000 | -- | $488 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $48,510 | $3,724,632 | $2,601,000 | $1,123,632 |
| 2024 | $46,411 | $3,651,600 | $2,550,000 | $1,101,600 |
| 2023 | $45,652 | $3,580,000 | $2,500,000 | $1,080,000 |
| 2022 | $25,341 | $2,040,000 | $1,224,000 | $816,000 |
| 2021 | $24,832 | $2,000,000 | $1,200,000 | $800,000 |
| 2020 | $9,958 | $745,974 | $310,819 | $435,155 |
| 2019 | $9,847 | $731,348 | $304,725 | $426,623 |
| 2018 | $9,495 | $717,008 | $298,750 | $418,258 |
| 2016 | $8,686 | $689,167 | $287,150 | $402,017 |
| 2015 | $8,349 | $678,816 | $282,837 | $395,979 |
| 2014 | $8,334 | $665,520 | $277,297 | $388,223 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
Seller's Agent in 2022
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
5 in this area
80 Total Sales
-
Todd Hawke
Seller Co-Listing Agent in 2022
Todd Hawke
Keller Williams Realty Downey
(310) 774-3746
3 in this area
11 Total Sales
-
Vlad Rodov
Buyer's Agent in 2022
Vlad Rodov
West Shores Realty, Inc.
(310) 720-3677
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22096846
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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