$400,000
SOLD JUN 7, 2021
0.17 Acre
$2,320,186 Price per Acre
7,511 Sq Ft Lot

Recently Sold

38% Below List Price

634 Days on Market

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Neighborhood Views
  • Long Beach Polytechnic High School Rated A

About This Lot

As of June 2021

PRICE REDUCED!!!! Estate Sale:Three (3) Parcels Now Being Offered: First time being sold since their original owners.
Great signalized location off Martin Luther King Blvd/10th St:ZONED TO BUILD A QUADRUPLEX,RETAIL AND RESIDENTIAL
Properties. The Following APNs are being sold:7274-023-011,7274-023-009,7274-023-008. All three parcels may be sold together or separate. Great development opportunities to purchase the whole signalized corner!!!

Last Agent to Sell the Property

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767 Listed on: 04/04/2019

eXp Realty of California Inc.

Last Buyer's Agent

Gay-Lynn Barnes

eXp Realty of California Inc. License #01433767 Listed on: 04/04/2019

eXp Realty of California Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,553

Lot Details

  • 7,511 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • 7274-023-011,7274-023-009,7274-023-008
  • Property is zoned LBR4N

Property Views

  • Neighborhood Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7274023008

Property Details

Property Type

Land

Est. Annual Taxes

$6,553

Lot Details

0

Listing Details

  • Subdivision Name Other: Poly High (PH)
  • View: Yes
  • Zoning: LBR4N
  • Property Type: Land
  • Parcel Number: 7274023008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 53.26

Exterior Features

  • View: Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 7274-023-011,7274-023-009,7274-023-008
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7511.00
  • Lot Size Acres: 0.1724

Multi Family

  • Lot Size Area: 7511.0000 Square Feet

Tax Info

  • Tax Census Tract: 5764.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Musson Factory Inc
Bought by
Ajami Dariush and Ajami Mina A
Total Days on Market
634
Current Estimated Value
$467,000

Purchase Details

Closed on
Apr 2, 2021
Sold by
Bracken Gary R and Bracken Russell
Bought by
Musson Factory Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Source: Public Records

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    • 4108 Del Mar Ave
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    Rare opportunity to purchase two vacant side by side parcels totaling 13,611 sf in Long Beach's highly desired Los Cerritos/Virginia Country Club neighborhood. Sale will include both parcels 7140-019-025 & 7140-019-026. Located in an area prized for its tree lined streets, historic homes, and top rated schools. Del Mar Avenue is distinctive for its neighboring homes of mid-century modern design,

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,375,000 Ticor Title
Grant Deed $605,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $980,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $400,000 -9.6% --
11/29/2020 11/29/20 Price Changed $442,500 -24.4% --
02/28/2020 02/28/20 Price Changed $585,000 -8.6% --
04/04/2019 04/04/19 For Sale $640,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $6,553 $423,300 $423,300 --
2023 $6,471 $416,160 $416,160 $0
2022 $4,899 $408,000 $408,000 $0
2021 $96 $4,042 $4,042 $0
2020 $96 $4,001 $4,001 $0
2019 $95 $3,923 $3,923 $0
2018 $62 $3,847 $3,847 $0
2016 $58 $3,699 $3,699 $0
2015 $57 $3,644 $3,644 $0
2014 $60 $3,573 $3,573 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19076146

California Regional Multiple Listing Service (CRMLS)

APN: 7274-023-008