NOT LISTED FOR SALE

1043 Cherry Ave Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $900,000 - $1,067,000

5 Beds
4 Baths
2,084 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2019

Last sale price $790,000 $379 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,302 / mo

39 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Double Pane Windows
  • Long Beach Polytechnic High School Rated A
  • Neighborhood Views
  • Recessed Lighting

About This Home

As of May 2019

COVERED FRONT PORCH, TAPERED COLUMNS, DEEP OVERHANGING ROOF EAVES AND EXPOSED RAFTER TAILS - A CLASSIC CALIFORNIA CRAFTSMAN DUPLEX - COMPLETELY REDONE!!! THIS PROPERTY FEATURES A 3 BEDROOM 2 BATH AND A 2 BEDROOM 2 BATH ON THE SECOND FLOOR WITH SEPARATE ENTRANCE. BOTH UNITS HAVE BEEN COMPLETELY REMODELED TOP-TO-BOTTOM, NEW ROOF, NEW ELECTRICAL, NEW PLUMBING, NEW DRYWALL, NEW INSULATION IN ADDITION TO A FULL EARTHQUAKE RETROFIT. "INSIDE THE WALLS" ALL NEW DESIGNER KITCHEN CABINETS AND QUARTZ COUNTER TOPS, NEW BATHROOMS WITH VINTAGE TILE FLOORS, ELEGANTLY TILED SHOWER STALLS, ALL NEW VANITIES, TOILETS AND FIXTURES. THE INTERIOR HAS BEEN PAINTED IN ALL WHITE WITH RECESSED LIGHTING THROUGHOUT. FRESH ARTISTIC EXTERIOR PAINT IN THE QUINTESSENTIAL CLASSIC CURATED COLOR COMBINATIONS OF YESTERYEAR ALL THIS ON A LARGE 6475 SQ. FT LOT WITH A SINGLE CAR GARAGE IN THE REAR. NEW FENCING, LARGE SLIDING DOUBLE GATE FOR VEHICLE ACCESS OFF THE ALLEY. LIVE IN ONE AND RENT THE OTHER, BEST OF ALL INDEPENDENTLY METERED FOR ALL UTILITIES - HURRY THIS ONE WON'T LAST!

Last Agent to Sell the Property

Jesse Rubalcava

J. Rubalcava & Associates License #01215036 Listed on: 02/20/2019

Last Buyer's Agent

Vincent Martinez

Anthem Real Estate Group License #01884360

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,475 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture
  • Property Attached
  • Turnkey
  • Fire Rated Drywall
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,084 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 576403
  • Assessor Parcel Number 7267014018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $850
  • New Taxes Expense $9,360
  • Operating Expense $10,210
  • Gross Income $54,600
  • Net Operating Income $44,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

6,475 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7267014018
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Price Per Square Foot: 379.08
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6475.00
  • Lot Size Acres: 0.1486

Multi Family

  • Gross Income: 54600.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6475.0000 Square Feet
  • Net Operating Income: 44390.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10210.00
  • Rent Control: No
  • Total Expenses: 10210.00

Tax Info

  • New Taxes Expense: 9360.00
  • Tax Census Tract: 5764.03
  • Tax Lot: 15
  • Tax Tract Number: 576403

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
Feb 20, 2019
Closed on
Apr 9, 2019
Sold by
Bought by
Seller's Agent
Jesse Rubalcava
J. Rubalcava & Associates
Buyer's Agent
Vincent Martinez
Anthem Real Estate Group
List Price
$789,900
Sold Price
$790,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$986,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,957
Avg. Annual Appreciation
3.17%
Original Mortgage
$671,500
Outstanding Balance
$589,167
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$397,790

Purchase Details

Listed on
Nov 24, 2017
Closed on
Jan 6, 2018
Sold by
Bought by
Seller's Agent
Ursula Rhee
College Park Realty
Buyer's Agent
Ursula Rhee
College Park Realty
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.02%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by
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

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
$790,000 Stewart Title Of Ca Inc
$345,000 Lawyers Title
$291,000 None Available
-- None Available
-- --
-- --
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 $671,500
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 Prior Sale
05/02/2019 05/02/19 Sold $790,000 0.0% $379 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $789,900 0.0% $379 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $789,900 +129.0% $379 / Sq Ft
02/01/2018 02/01/18 Sold $345,000 0.0% $166 / Sq Ft View Prior Sale
12/14/2017 12/14/17 Off Market $345,000 -- --
12/02/2017 12/02/17 Pending -- -- --
11/24/2017 11/24/17 For Sale $399,000 -- $191 / 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 $11,785 $881,254 $557,756 $323,498
2024 $11,230 $863,975 $546,820 $317,155
2023 $11,043 $847,036 $536,099 $310,937
2022 $10,365 $830,429 $525,588 $304,841
2021 $10,161 $814,147 $515,283 $298,864
2019 $4,716 $351,900 $244,800 $107,100
2018 $4,537 $345,000 $240,000 $105,000
2017 $55 $491,887 $341,732 $150,155
2016 $5,910 $482,243 $335,032 $147,211
2015 $786 $40,542 $28,739 $11,803
2014 $5,406 $39,749 $28,177 $11,572
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jesse Rubalcava

    J. Rubalcava & Associates

    (562) 278-5380

    1 in this area

    5 Total Sales

    Jesse Rubalcava
    Section Image

  • V

    Buyer's Agent in 2019

    Vincent Martinez

    Anthem Real Estate Group

    (562) 448-2250

    10 Total Sales

    Vincent Martinez
    Section Image

  • R

    Buyer Co-Listing Agent in 2019

    Ricardo Melendrez

    NTMR Holdings Inc.

    (562) 445-0356

    7 Total Sales

    Ricardo Melendrez
    Section Image
  • Ursula Rhee

    Seller's Agent in 2018

    Ursula Rhee

    RE/MAX

    (714) 390-4547

    15 Total Sales

    Ursula Rhee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19038928

California Regional Multiple Listing Service (CRMLS)

APN: 7267-014-018

California Los Angeles County Long Beach 90804 Hellman

1043 Cherry Ave, Long Beach, CA

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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