NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,136,807

5 Beds
3 Baths
1,966 Sq Ft
$516/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $860,000 $437 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,369/month

17 Days on Market

Highlights

  • Gated Parking
  • Property is near public transit
  • Neighborhood Views
  • Woodrow Wilson High School Rated A
  • No HOA
  • Home Office

About This Home

As of June 2023

Don't miss out on this amazing chance to acquire a multi-family unit situated in the heart of Long Beach. The property boasts long-standing tenants, and currently consists of two spacious units - a three-bedroom, two-bathroom home and a two-bedroom, one-bathroom cottage. With alley access providing ample parking, this sizable property is primed for a garage or ADU conversion. This charming owner/user property is ideally located near the intersection of Obispo Ave and Anaheim St, placing tenants just a brief stroll or bike ride away from trendy shops, restaurants, and numerous small businesses. Additionally, it is conveniently situated close to downtown Long Beach and the beach. Act now as the opportunity is ripe with potential!

Last Agent to Sell the Property

Daryl Owen

eXp Realty of Greater Los Angeles License #01727084 Listed on: 05/12/2023

eXp Realty of Greater Los Angeles

Co-Listed By

Norman Bork

eXp Realty of Greater Los Angeles License #02156128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,525

Year Built

  • Built in 1934

Lot Details

  • 5,853 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Rectangular Lot
  • Property is zoned LBR2N

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Workshop in Garage
  • Gated Parking

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Home Office
  • Storage
  • Laundry Room
  • Neighborhood Views
  • Fire and Smoke Detector
  • Gas Range

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Bathtub with Shower

Schools

  • Willard Elementary School
  • Jefferson Middle School
  • Wilson High School

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Central Water Heater
  • Phone System

Additional Features

  • No Interior Steps
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 576
  • Assessor Parcel Number 7260028021
  • $501 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,525

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved, Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Zoning: LBR2N
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7260028021
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1966.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Phone System, Storage
  • Stories: 1
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 437.44
  • Room Type: All Bedrooms Down, Office
  • Bathroom Features: Shower In Tub

Exterior Features

  • Direction Faces: West
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 3
  • Parking: Yes
  • Parking Features: Gated, Workshop in Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater Central
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified
  • Elementary School: Willard
  • Middle School: Jefferson
  • High School: Wilson
  • Elementary School: Willard
  • High School: Wilson
  • Middle Or Junior School: Jefferson
  • Elementary School #2: WILLAR
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 5853.00
  • Lot Size Acres: 0.1344

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5853.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5769.03
  • Tax Lot: 22
  • Tax Tract Number: 576...
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 1, 2023
Sold by
Coats Jeffrey Robert
Bought by
Matthew And Meredith Shumard Living Trust
Seller's Agent
Daryl Owen
eXp Realty of Greater Los Angeles
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Views
412
Current Estimated Value
$1,015,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,202
Avg. Annual Appreciation
6.76%
Original Mortgage
$516,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2017
Closed on
Oct 23, 2017
Sold by
Seiff Jeffrey R
Bought by
Coats Jeffrey Robert
Seller's Agent
Judy Robison
Strawberry Fields R.E., Inc
Buyer's Agent
Andrea Ayers
REALTY ONE GROUP WEST
List Price
$630,000
Sold Price
$609,000
Premium/Discount to List
-$21,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$609,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2015
Sold by
Nahigian Kathryn A
Bought by
Seiff Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,986
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Seiff Jeffrey R and Seiff Jeffery R
Bought by
Seiff Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,986
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Onewest Bank Fsb
Bought by
Seiff Jeffery R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,141
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2010
Sold by
Dull Juleeann A
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Sep 16, 2002
Sold by
Lemac Properties Llc
Bought by
Dull Juleeann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
5.89%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Hud
Bought by
Mckinley Susan Ann

Purchase Details

Closed on
Mar 11, 2002
Sold by
Mckinley Darrell
Bought by
Mckinley Susan Ann

Purchase Details

Closed on
Nov 1, 2001
Sold by
Bank Of America Na
Bought by
Hud

Purchase Details

Closed on
Oct 4, 2001
Sold by
Shipman Kenneth G
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 3, 1999
Sold by
Thompson Floyd
Bought by
Shipman Kenneth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,030
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1999
Sold by
Luce Barbara B Tr Barbara B Luce Trust
Bought by
Thompson Floyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,030
Interest Rate
7.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Matthew And Meredith Shumard Living Trust $860,000 Orange Coast Title Company
Coats Jeffrey Robert $609,000 First American Title Co
Seiff Jeffrey R -- First American Title Ins Co
Seiff Jeffrey R -- First American Title Ins Co
Seiff Jeffery R $310,000 Lsi Title Company
Onewest Bank Fsb $254,831 Accommodation
Dull Juleeann A $263,000 Southland Title
Lemac Properties Llc -- Southland Title
Mckinley Susan Ann $185,000 Southland Title
Mckinley Susan Ann -- Southland Title
Hud -- First American Title Co
Bank Of America Na $242,150 Chicago Title Co
Shipman Kenneth G $228,000 Fidelity Title
Thompson Floyd $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthew $892,500
Closed Matthew And Meredith Shumard Living Trust $516,000
Previous Owner Coats Jeffrey Robert $609,000
Previous Owner Seiff Jeffrey R $361,986
Previous Owner Seiff Jeffrey R $361,986
Previous Owner Seiff Jeffery R $302,141
Previous Owner Dull Juleeann A $148,000
Previous Owner Dull Juleeann A $320,000
Previous Owner Dull Juleeann A $210,400
Previous Owner Shipman Kenneth G $225,030
Previous Owner Thompson Floyd $140,000
Closed Dull Juleeann A $52,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $860,000 +7.6% $437 / Sq Ft
06/02/2023 06/02/23 For Sale $799,000 0.0% $406 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $799,000 -7.1% $406 / Sq Ft
05/23/2023 05/23/23 Off Market $860,000 -- --
05/12/2023 05/12/23 For Sale $799,000 +31.2% $406 / Sq Ft
12/18/2017 12/18/17 Sold $609,000 -0.2% $365 / Sq Ft
09/14/2017 09/14/17 Price Changed $609,995 -3.2% $365 / Sq Ft
06/22/2017 06/22/17 For Sale $630,000 -- $377 / 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 $11,525 $894,744 $645,048 $249,696
2024 $11,525 $877,200 $632,400 $244,800
2023 $8,801 $666,026 $437,457 $228,569
2022 $8,266 $652,968 $428,880 $224,088
2021 $8,100 $640,166 $420,471 $219,695
2020 $8,079 $633,603 $416,160 $217,443
2019 $7,986 $621,180 $408,000 $213,180
2018 $7,714 $609,000 $400,000 $209,000
2017 $4,511 $342,207 $220,780 $121,427
2016 $4,192 $335,498 $216,451 $119,047
2015 $4,027 $330,459 $213,200 $117,259
2014 -- $323,987 $209,024 $114,963
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23079764

California Regional Multiple Listing Service (CRMLS)

APN: 7260-028-021