NOT LISTED FOR SALE

1026 Gaviota Ave Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $742,000 - $946,000

3 Beds
3 Baths
1,684 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $420,000 $249 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,729/month

43 Days on Market

About This Home

As of June 2015

Great starter investment. Duplex in the front. Separate house in the back of duplex with private fenced yard. Two car garage. Units are in good condition.

Last Agent to Sell the Property

Larry Jolly

Larry Jolly Real Estate License #00629461 Listed on: 03/03/2015

Last Buyer's Agent

Liliana Herrera

Keller Williams Realty License #01876006

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,610 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,684 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4
  • Assessor Parcel Number 7267012028

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $77
  • New Taxes Expense $5,800
  • Gross Income $2,400
  • Net Operating Income $2,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 77.00
  • Property Type: Residential Income
  • Parcel Number: 7267012028
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 249.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5610.00
  • Lot Size Acres: 0.1290

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5610.0000 Square Feet
  • Net Operating Income: 2340.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 60.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5800.00
  • Tax Lot: 4
  • Tax Tract Number: 4
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2019
Sold by
Mendoza Ilian
Bought by
Mendoza Ilian and The Ilian O Mendoza Living Tru
Current Estimated Value
$796,992

Purchase Details

Listed on
Mar 3, 2015
Closed on
May 5, 2015
Sold by
Jolly Larry R and The Larry R Jolly Family Trust
Bought by
Mendoza Ilian
Seller's Agent
Larry Jolly
Larry Jolly Real Estate
Buyer's Agent
Liliana Herrera
Keller Williams Realty
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$315,000
Outstanding Balance
$242,135
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$554,857

Purchase Details

Closed on
Jun 16, 2005
Sold by
Jolly Larry R
Bought by
Jolly Larry R and The Larry R Jolly Family Trust

Purchase Details

Closed on
Feb 18, 2005
Sold by
Jolly Larry R and The Larry R Jolly Family Trust
Bought by
Jolly Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Jolly Larry R
Bought by
Jolly Larry R and The Larry R Jolly Family Trust

Purchase Details

Closed on
Nov 13, 2003
Sold by
Jolly Robin L
Bought by
Jolly Larry R

Purchase Details

Closed on
Nov 14, 1994
Sold by
Kuske Donald E and Donald E Kuske Living Trust
Bought by
Jolly Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
9.27%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mendoza Ilian -- None Available
Mendoza Ilian $420,000 Old Republic Title
Jolly Larry R -- --
Jolly Larry R -- Ticor Title Co Of California
Jolly Larry R -- --
Jolly Larry R -- --
Jolly Larry R $125,000 South Coast Title Company
Jolly Larry R -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Ilian $315,000
Previous Owner Jolly Larry R $350,000
Previous Owner Jolly Larry R $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $420,000 -4.3% $249 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $439,000 -- $261 / 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 $6,786 $504,766 $348,530 $156,236
2024 $6,786 $494,870 $341,697 $153,173
2023 $6,670 $485,168 $334,998 $150,170
2022 $6,271 $475,656 $328,430 $147,226
2021 $6,140 $466,331 $321,991 $144,340
2020 $6,125 $461,550 $318,690 $142,860
2019 $6,054 $452,501 $312,442 $140,059
2018 $5,821 $443,629 $306,316 $137,313
2016 $5,360 $426,404 $294,422 $131,982
2015 $2,389 $174,683 $103,273 $71,410
2014 $2,390 $171,263 $101,251 $70,012
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Larry Jolly

    Larry Jolly Real Estate

    (562) 412-0114

    7 Total Sales

    Larry Jolly
    Section Image

  • L

    Buyer's Agent in 2015

    Liliana Herrera

    Keller Williams Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15044606

California Regional Multiple Listing Service (CRMLS)

APN: 7267-012-028

California Los Angeles County Long Beach 90813 Hellman

1026 Gaviota Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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