J
Seller's Agent in 2015
John Sefton
Eastside Realty Services Inc.
1059 Alamitos Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $1,019,000 - $1,235,632
9
Beds
5
Baths
2,400
Sq Ft
$469/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Ocean Side of Highway 1
- Cathedral Ceiling
- Long Beach Polytechnic High School Rated A
- Custom Home
- Main Floor Primary Bedroom
About This Home
As of August 20153 Units all 3 bedrooms, 2 baths each! 2 Parking spaces for each unit, one in garage and one open space. Close to Alamitos Beach and Downtown redevelopments. Less than a mile to the ocean. Tremendous value added opportunity simply by raising the extremely low existing rents up to current market levels. All units are currently Tenant occupied, and Sellers are looking for offers subject to interior inspection. Units are small, but nice. 4 year old roof, new exterior paint. Interiors have minor deferred maintenance. Being sold as-is with existing long term Tenants. The future potential for this property is unlimited. Buy all three units for the price of a condo a few blocks down at the beach.
Each Unit has its own laundry room or closet. All six bathrooms are full baths except one, which is a three-quarter bath. Every Unit has a master suite. All units have individual balconies. Please respect the Tenants' rights.
Last Agent to Sell the Property
John Sefton
Eastside Realty Services Inc. License #00920625 Listed on: 06/20/2015
Last Buyer's Agent
Nina Mai
Mai Realty Inc. License #01862630
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,305
Year Built
- Built in 1988
Lot Details
- 4,829 Sq Ft Lot
- 1 Common Wall
- Level Lot
Parking
- 3 Car Garage
- 3 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Custom Home
- Property Attached
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Window Screens
- Sliding Doors
- Panel Doors
Kitchen
- Gas Cooktop
- Free-Standing Range
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Carport
Accessible Home Design
- Doors swing in
- No Interior Steps
- Entry Slope Less Than 1 Foot
- Low Pile Carpeting
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Tax Lot 14
- Tax Tract Number 11933
- Assessor Parcel Number 7274008026
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Water Sewer Expense $2,500
- New Taxes Expense $6,000
- Gross Income $2,950
- Net Operating Income $25,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2015
Closed on
Jul 11, 2015
Sold by
Sefton John R and Sefton Ramona A
Bought by
Mercado Rigoberto
Seller's Agent
John Sefton
Eastside Realty Services Inc.
Buyer's Agent
Nina Mai
Mai Realty Inc.
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,408
Avg. Annual Appreciation
6.61%
Original Mortgage
$449,250
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2014
Sold by
Runyan Frank H and Runyan Elena N
Bought by
Sefton John R and Sefton Ramona A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mercado Rigoberto | $599,000 | Lawyers Title | |
| Mercado Rigoberto | -- | Lawyers Title | |
| Sefton John R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mercado Rigoberto | $416,000 | |
| Closed | Mercado Rigoberto | $449,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2015 08/17/15 | Sold | $599,000 | 0.0% | $250 / Sq Ft |
| 07/06/2015 07/06/15 | Pending | -- | -- | -- |
| 06/20/2015 06/20/15 | For Sale | $599,000 | -- | $250 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,305 | $709,087 | $497,191 | $211,896 |
| 2024 | $9,305 | $695,185 | $487,443 | $207,742 |
| 2023 | $9,147 | $681,555 | $477,886 | $203,669 |
| 2022 | $8,593 | $668,192 | $468,516 | $199,676 |
| 2021 | $8,416 | $655,091 | $459,330 | $195,761 |
| 2019 | $8,296 | $635,662 | $445,707 | $189,955 |
| 2018 | $8,025 | $623,199 | $436,968 | $186,231 |
| 2016 | $7,380 | $599,000 | $420,000 | $179,000 |
| 2015 | $3,830 | $300,566 | $66,505 | $234,061 |
| 2014 | $3,818 | $294,680 | $65,203 | $229,477 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2015
Nina Mai
Mai Realty Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15134292
APN: 7274-008-026
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.
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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