Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
189 Total Sales
2 in Recreation Park
$740,000 Price Range
1055 Belmont Ave Long Beach, CA 90804
Recreation Park NeighborhoodEstimated Value: $889,000 - $1,310,070
4
Beds
3
Baths
2,022
Sq Ft
$554/Sq Ft
Est. Value
Highlights
- 2 Car Garage
- Air Conditioning
- Ceiling Fan
- Wilson High School Rated A
- 2 Detached Carport Spaces
About This Home
As of June 2018Incredible 3 unit income property located in highly coveted rental neighborhood less than 1.5 miles away from beach and NO RENT CONTROL! This property consists of single story front home w/ 2 beds and 1 bath in immaculate condition and 2 story building in back of property with 2 add'tl units 1 up and 1 downstairs. Each unit has 1 bed/1 bath. Owner purchased this property over 50 years ago and cannot recall any unit in recent history that has been vacant longer than 1 week. Highly desirable rental property in a high demand rental neighborhood. The property has a long driveway that leads from the front house to a 2 car garage followed by a separate and additional 2 car carport and then continues on to the back building with the remaining 2 units. That is a total of 4 parking spaces on the property grounds! The property is well maintained with recent improvements completed such as copper plumbing.This is an amazing investment opportunity! Don't miss out on this one!
Last Agent to Sell the Property
Neda Farjoodi
Keller Williams Shoreline License #01734749 Listed on: 02/03/2018
Co-Listed By
Massoum Shayegi
Core Real Estate Group License #01392541
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 5,944 Sq Ft Lot
Parking
- 2 Car Garage
- 2 Detached Carport Spaces
- Driveway
Interior Spaces
- 2,022 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in Garage
- Gas Dryer Hookup
Utilities
- Air Conditioning
- Heating System Mounted To A Wall or Window
- Cable TV Available
Community Details
- 3 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 7254-008-020
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
Closed on
Jan 2, 2019
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 3, 2018
Closed on
May 10, 2018
Sold by
Bought by
Seller's Agent
Neda Farjoodi
Keller Williams Shoreline
Buyer's Agent
Lori Loucks
Seven Gables Real Estate
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$475,000
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 23, 1999
Sold by
Bought by
Purchase Details
Closed on
Oct 6, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Recreation Park, CA
-
Lori Alvarez
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
2 in Recreation Park
$445,000 Price Range
-
Diana Veloz
Diana Veloz
DIANA VELOZ, BROKER
(626) 699-8081
25 Total Sales
1 in Recreation Park
$1,090,000 Price
-
Leslie Stonick
Leslie Stonick
Compass
(424) 381-0410
72 Total Sales
3 in Recreation Park
$755K - $1.5M Price Range
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
180 Total Sales
1 in Recreation Park
$890,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
120 Total Sales
1 in Recreation Park
$564,000 Price
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 |
|---|---|---|---|
| -- | Equity Title | ||
| $875,000 | First American Title | ||
| -- | Chicago 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 | $412,000 | ||
| Closed | $413,000 | ||
| Previous Owner | $475,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $167,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $22,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $50,000 |
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 |
|---|---|---|---|---|
| 06/26/2018 06/26/18 | Sold | $875,000 | -2.7% | $433 / Sq Ft |
| 03/09/2018 03/09/18 | Price Changed | $899,000 | -5.3% | $445 / Sq Ft |
| 02/03/2018 02/03/18 | For Sale | $949,000 | -- | $469 / Sq Ft |
Source: The MLS
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 | $13,111 | $976,074 | $680,463 | $295,611 |
| 2024 | $12,546 | $956,936 | $667,121 | $289,815 |
| 2023 | $12,335 | $938,174 | $654,041 | $284,133 |
| 2022 | $11,581 | $919,779 | $641,217 | $278,562 |
| 2021 | $11,353 | $901,745 | $628,645 | $273,100 |
| 2020 | $11,324 | $892,500 | $622,200 | $270,300 |
| 2019 | $11,403 | $892,500 | $622,200 | $270,300 |
| 2018 | $3,912 | $283,653 | $170,193 | $113,460 |
| 2016 | $3,599 | $272,640 | $163,585 | $109,055 |
| 2015 | $3,462 | $268,545 | $161,128 | $107,417 |
| 2014 | $3,453 | $263,285 | $157,972 | $105,313 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2018
Neda Farjoodi
Keller Williams Shoreline
-
M
Seller Co-Listing Agent in 2018
Massoum Shayegi
Core Real Estate Group
-
Lori Loucks
Buyer's Agent in 2018
Lori Loucks
Seven Gables Real Estate
(714) 840-1031
35 Total Sales
Map
Source: The MLS
MLS Number: 18-309992
APN: 7254-008-020
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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