NOT LISTED FOR SALE

1077 Euclid Ave Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,706,000 - $2,047,000

9 Beds
5 Baths
4,158 Sq Ft
$445/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2014

Last sale price $939,000 $226 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $11,289 / mo

30 Days on Market

Highlights

  • Private Yard
  • Woodrow Wilson High School Rated A
  • No HOA

About This Home

As of January 2014

This fourplex is located in the Circle area of Long Beach, only several blocks from Recreation Park & Golf Course, Community Hospital and Wilson High School. This street does not get a lot of through traffic and is very quiet as this section of Euclid angles to Grand, because of the Greenbelt, before hitting 10th. There is a community garden at the greenbelt. The property has one 3BR, 2BA unit in front with a fireplace plus three 2BR, 1BA units, 5 garages and a community laundry. Rents are close to market with the exception of one very long term tenant who is well below market rent and is due for a generous increase. The property shows good cash flow with 25% down (about $1,575 PI). For for an owner occupant with 20% down, their estimated cost to live in the 3BR unit would be about $625/mo PI (4.5% APR). Call for details. Drive by, subject to inspection.

Last Agent to Sell the Property

Cheryl Cotton

Y Realty License #00860384 Listed on: 11/15/2013

Co-Listed By

Nicholas Cotton

Keller Williams Coastal Prop. License #01179001

Last Buyer's Agent

Beverly Marks

Coldwell Banker Envision License #01313939

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,412 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,158 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 76415
  • Assessor Parcel Number 7254012025

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Insurance Expense $1,875
  • Water Sewer Expense $2,220
  • New Taxes Expense $10,329
  • Gross Income $6,200
  • Net Operating Income $74,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

6,412 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 2220.00
  • Property Type: Residential Income
  • Parcel Number: 7254012025
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 225.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Utilities - Overhead, Yard
  • Lot Size Sq Ft: 6412.00
  • Lot Size Acres: 0.1470

Multi Family

  • Average2 Bed Area: 825
  • Average3 Bed Area: 1600
  • Electric Expense: 840.00
  • Gross Income: 6200.00
  • Gross Multiplier: 12.60
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1875.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6412.0000 Square Feet
  • Net Operating Income: 74400.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Rent Control: No
  • Total Actual Rent: 5560.00

Tax Info

  • New Taxes Expense: 10329.00
  • Taxes Percent: 1.20
  • Tax Lot: 84
  • Tax Tract Number: 76415
  • Tax Year: 2012

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
Nov 15, 2013
Closed on
Jan 28, 2014
Sold by
Bought by
Seller's Agent
Cheryl Cotton
Y Realty
Buyer's Agent
Beverly Marks
Coldwell Banker Envision
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
$1,849,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$910,948
Avg. Annual Appreciation
5.63%
Original Mortgage
$657,300
Outstanding Balance
$497,366
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$1,352,582

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jan 7, 2014
Sold by
Bought by
Seller's Agent
Cheryl Cotton
Y Realty
Buyer's Agent
Beverly Marks
Coldwell Banker Envision
List Price
$939,000
Sold Price
$939,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,300
Outstanding Balance
$497,366
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$1,352,582

Purchase Details

Closed on
Apr 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.89%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,437
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$939,000 Ortc
-- Ort
$565,000 Gateway Title
$296,000 Gateway Title
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 $657,300
Previous Owner $452,000
Previous Owner $283,437
Closed $56,500
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
01/29/2014 01/29/14 Sold $939,000 0.0% $226 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $939,000 -- $226 / 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 $15,803 $1,151,076 $809,067 $342,009
2024 $15,106 $1,128,506 $793,203 $335,303
2023 $14,734 $1,106,379 $777,650 $328,729
2022 $13,840 $1,084,686 $762,402 $322,284
2021 $13,555 $1,063,418 $747,453 $315,965
2020 $13,519 $1,052,515 $739,789 $312,726
2019 $13,362 $1,031,879 $725,284 $306,595
2018 $12,941 $1,011,647 $711,063 $300,584
2016 $11,895 $972,365 $683,452 $288,913
2015 $11,419 $957,760 $673,186 $284,574
2014 $8,411 $680,880 $116,891 $563,989
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cheryl Cotton

    Y Realty

    Section Image

  • N

    Seller Co-Listing Agent in 2014

    Nicholas Cotton

    Keller Williams Coastal Prop.

  • B

    Buyer's Agent in 2014

    Beverly Marks

    Coldwell Banker Envision

    (562) 434-0566

    25 Total Sales

    Beverly Marks
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13231972

California Regional Multiple Listing Service (CRMLS)

APN: 7254-012-025

California Los Angeles County Long Beach 90804 Recreation Park

1077 Euclid 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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