NOT LISTED FOR SALE

1021 Bennett Ave Unit 2 Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,202,000 - $1,424,280

6 Beds
5 Baths
2,448 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 31, 2017

Last sale price $815,000 $333 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,533/month

25 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Multi-Level Bedroom
  • Woodrow Wilson High School Rated A
  • Dual Staircase
  • Fireplace in Primary Bedroom

About This Home

As of December 2017

Great Income Property, featuring 2 Units with 6 bedrooms, 4 full baths; Front Unit #1 is a single level until, 4 bedrooms, 2 full baths, tile flooring, ceiling fan in each room, spacious living room area, fully equipped kitchen - gas range, microwave, double sink, granite counter top, Master bath has separate shower stall, custom built ceramic tile bathtub, double sink, private door to the outside, plenty of closet space, private stone entry way, red deco brick fences around the front yard, professional landscape - front yard, custom built oriental fish pond, elevated cement front porch, heavy wood front door; Unit #2 - 2 level unit located at the back of the property, built in 2006, featuring 2 large bedrooms & 2 full baths, each bathroom beautifully designed, with ceramic tile walls, bathtub, shower, sink, mirror, and towel rack, tile flooring, except the bedrooms have carpet flooring. Fully equipped kitchen, dining area, spacious living area, extended balcony, ceiling fan in each bedroom, downstairs - 3 car garage, storage room, and 1 full bath, 3 compact car parking spaces outside of the 3 car garage, wood fence around the property, and one single detach car garage designated for the front unit #1, currently used as the main laundry room & storage for all occupants.

Last Agent to Sell the Property

Kenny McFarland

Colonial Realty Group, Inc License #01308337 Listed on: 09/08/2017

Last Buyer's Agent

Mac Fernando

SALUS INVESTMENT MANAGEMENT License #01031870

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,435

Year Built

  • Built in 2006

Lot Details

  • 5,851 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Brick Fence
  • Paved or Partially Paved Lot
  • Private Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Detached Carport Space
  • Parking Available
  • Shared Driveway
  • Assigned Parking
  • Unassigned Parking

Property Views

  • City Lights
  • Neighborhood
  • Courtyard

Home Design

  • Property Attached
  • Brick Foundation
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Asphalt
  • Stucco

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dual Staircase
  • Brick Wall or Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Bay Window
  • Wood Frame Window
  • Insulated Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Bonus Room
  • Workshop
  • Storm Windows

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Multi-Level Bedroom
  • Converted Bedroom
  • 5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Air Source Heat Pump
  • 220 Volts
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, association fees, cable TV, electricity, gas, water
  • Tax Lot 48
  • Tax Tract Number 3696
  • Assessor Parcel Number 7241007028

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $420
  • Electric Expense $1,980
  • Fuel Expense $250
  • Furniture Replacement Expense $500
  • Insurance Expense $600
  • Maintenance Expense $650
  • Supplies Expense $500
  • Trash Expense $420
  • Water Sewer Expense $500
  • New Taxes Expense $6,435
  • Operating Expense $12,255
  • Gross Income $1,500
  • Net Operating Income $4,085

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,435

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 623-337-6094
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Supplies Expense: 500.00
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7241007028
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Balcony, Brick Walls, Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Open Floorplan, Pantry, Two Story Ceilings
  • Stories: 1
  • Entry Location: Frontage
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Master Bedroom, Patio, Electric, Gas, Gas Starter, Decorative
  • Levels: One
  • Price Per Square Foot: 332.92
  • Room Type: All Bedrooms Down, All Bedrooms Up, Bonus Room, Converted Bedroom, Formal Entry, Kitchen, Laundry, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Workshop
  • Window Features: Bay Window(s), Storm Window(s), Wood Frames

Exterior Features

  • Foundation: Brick/Mortar, Raised
  • Exterior Features: Rain Gutters
  • View: City Lights, Courtyard, Neighborhood
  • Fence: Yes
  • Fencing: Brick, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Asphalt, Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Driveway, Concrete, Shared Driveway, Unassigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Microwave
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, 220 Volts
  • Heating Type: Central, Electric
  • Laundry Features: Gas & Electric Dryer Hookup, In Carport
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Central Air, Heat Pump, Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Rocks, Walkstreet, Yard
  • Lot Size Sq Ft: 5851.00

Rental Info

  • Garage Rental Rate: 500.00
  • Tenant Pays: All Utilities, Association Fees, Cable TV, Electricity, Gas, Water

Multi Family

  • Cable TV Expense: 420.00
  • Electric Expense: 1980.00
  • Fuel Expense: 250.00
  • Furniture Replacement Expense: 500.00
  • Garage Income: 1500.00
  • Gross Income: 1500.00
  • Gross Scheduled Income: 5050.00
  • Insurance Expense: 600.00
  • Laundry Equipment Own Lease: Own
  • Maintenance Expense: 650.00
  • Maintenance Percent: 1.00
  • Net Operating Income: 4085.45
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Drapes: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 964.55
  • Operating Expense Percent: 19.10
  • Rent Control: No
  • Total Actual Rent: 3800.00
  • Total Expenses: 12255.00
  • Vacancy Allowance: 2
  • Vacancy Allowance Rate: 30.00

Tax Info

  • New Taxes Expense: 6435.00
  • Tax Area: 5500
  • Tax Census Tract: 5770.00
  • Tax Lot: 48
  • Tax Rate: 2.00
  • Tax Tract Number: 3696
  • Tax Annual Amount: 6435.00
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Garcia Fabiola L
Bought by
W & F Garcia Trust
Current Estimated Value
$1,339,320

Purchase Details

Closed on
Jun 1, 2021
Sold by
Garcia Wilson M
Bought by
Garcia Fabiola L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2021
Sold by
Sanchez Carlos Humberto
Bought by
Garcia Fabiola L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2017
Closed on
Dec 1, 2017
Sold by
Takapu Latu N
Bought by
Sanchez Carlos Humberto
Seller's Agent
Kenny McFarland
Colonial Realty Group, Inc
Buyer's Agent
Mac Fernando
SALUS INVESTMENT MANAGEMENT
List Price
$845,000
Sold Price
$815,000
Premium/Discount to List
-$30,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$787,799
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2015
Sold by
Reichenbacher Bruce
Bought by
Takapu Latu N

Purchase Details

Closed on
Feb 14, 2012
Sold by
Reichenbacher Bruce
Bought by
Reichenbacher Bruce and Takapu Latu N

Purchase Details

Closed on
Sep 10, 1997
Sold by
The Secretary Of Veterans Affairs
Bought by
Reichenbacher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.45%
Mortgage Type
VA

Purchase Details

Closed on
Sep 5, 1997
Sold by
Takapu Latu
Bought by
Reichenbacher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.45%
Mortgage Type
VA

Purchase Details

Closed on
Aug 27, 1996
Sold by
Homeside Lending Inc
Bought by
Va

Purchase Details

Closed on
Aug 23, 1996
Sold by
Husted Michael A and Homeside Lending Inc
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
W & F Garcia Trust $1,125,000 None Listed On Document
Garcia Fabiola L -- North American Title
Garcia Fabiola L $1,125,000 North American Title
Sanchez Carlos Humberto $815,000 North American Title Company
Takapu Latu N -- Wfg National Title Co Of Ca
Reichenbacher Bruce -- None Available
Reichenbacher Bruce -- South Coast Title
Reichenbacher Bruce -- South Coast Title
Va -- First Southwestern Title Co
Homeside Lending Inc $110,357 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Fabiola L $843,750
Previous Owner Sanchez Carlos Humberto $787,799
Previous Owner Reichenbacher Bruce K $116,466
Previous Owner Reichenbacher Bruce K $100,000
Previous Owner Reichenbacher Bruce $652,000
Previous Owner Reichenbacher Bruce $74,500
Previous Owner Reichenbacher Bruce $349,500
Previous Owner Reichenbacher Bruce $300,700
Previous Owner Reichenbacher Bruce $201,464
Previous Owner Reichenbacher Bruce $46,900
Previous Owner Reichenbacher Bruce $204,244
Previous Owner Reichenbacher Bruce $149,782
Previous Owner Reichenbacher Bruce $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2017 12/31/17 Sold $815,000 -3.6% $333 / Sq Ft
10/19/2017 10/19/17 Price Changed $845,000 0.0% $345 / Sq Ft
10/19/2017 10/19/17 For Sale $845,000 -2.3% $345 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $865,000 -- $353 / Sq Ft
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
2025 $15,502 $1,217,734 $790,174 $427,560
2024 $15,502 $1,193,858 $774,681 $419,177
2023 $15,243 $1,170,450 $759,492 $410,958
2022 $14,195 $1,147,500 $744,600 $402,900
2021 $10,725 $856,709 $599,171 $257,538
2020 $10,697 $847,926 $593,028 $254,898
2019 $10,573 $831,300 $581,400 $249,900
2018 $6,137 $334,825 $120,256 $214,569
2016 $4,067 $321,826 $115,588 $206,238
2015 $3,909 $316,993 $113,852 $203,141
2014 $3,810 $310,784 $111,622 $199,162
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kenny McFarland

    Colonial Realty Group, Inc

    Section Image

  • M

    Buyer's Agent in 2017

    Mac Fernando

    SALUS INVESTMENT MANAGEMENT

    (626) 272-9659

    1 in this area

    20 Total Sales

    Mac Fernando
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17205691

California Regional Multiple Listing Service (CRMLS)

APN: 7241-007-028

California Los Angeles County Long Beach 90804 Recreation Park

1021 Bennett Ave Unit 2, Long Beach, CA

This home is located at 1021 Bennett Ave Unit 2, Long Beach, CA 90804 since 08 September 2017 and is currently estimated at $1,339,320, approximately $547 per square foot. This property was built in 2006. 1021 Bennett Ave Unit 2 is a home located in Los Angeles County with nearby schools including Bryant Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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.

California Regional Multiple Listing Service (CRMLS) 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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