NOT LISTED FOR SALE

Estimated Value: $1,999,000

2 Beds
2 Baths
800 Sq Ft
$2,499/Sq Ft Est. Value

Highlights

  • 0.19 Acre Lot
  • No HOA
  • Cooling Available
  • Long Beach Polytechnic High School Rated A
  • Neighborhood Views
  • Laundry Room

About This Home

As of September 2022

Beautifully Remodeled 2 Bedroom 2 Bath Duplex, Just a Block from the Ocean!!

Now Leasing!! A beautifully upgraded 2 bedroom 2 bath duplex unit in a prime Alamitos Beach Location, just a block from the Ocean. 1116 E 1st st is an early 20th-century garden walk-up building featuring fresh paint, updated landscaping, gated entry, and an on-site laundry room. Garages and off-street parking (subject to availability, extra charge)

The interior of this lovely unit begins with a large main living room, painted in a bright, modern color scheme and boasting fresh laminate flooring, and connecting to a newly remodeled, open-concept kitchen with freshly installed kitchen cabinets, counters, stove, microwave oven, fixtures, and lighting. The dual suite floor plan includes 2 large bedrooms, each with fresh flooring and blinds, and 2 remodeled bathrooms,

Other features include a mini-split Heat & A/C unit, and water is included.

Last Agent to Rent the Property

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 07/19/2022

Last Renter's Agent

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 07/19/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 8,243 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling Available

Listing and Financial Details

  • Security Deposit $2,700
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 7/19/22
  • Legal Lot and Block 4 / 56
  • Assessor Parcel Number 7265009027

Community Details

Overview

  • No Home Owners Association
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2022-07-19
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2700
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR4R
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 7265009027
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.24

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8243.00
  • Lot Size Acres: 0.1892

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8243.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Water

Tax Info

  • Tax Block: 56
  • Tax Census Tract: 5766.01
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2016
Sold by
Boss Gardner John David and Boss Gardner Valerie
Bought by
Boss Gardner John David and Boss Gardner Valerie
Current Estimated Value
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$199,819
Interest Rate
3.45%
Mortgage Type
Commercial
Estimated Equity
$1,799,181

Purchase Details

Closed on
Aug 27, 2015
Sold by
D & V Gardner Llc
Bought by
Gardner John David

Purchase Details

Closed on
Oct 10, 2000
Sold by
Boss Gardner John D and Boss Gardner Valerie
Bought by
D & V Gardner Llc

Purchase Details

Closed on
Apr 9, 1996
Sold by
Boss Valerie Ann
Bought by
Gardner John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 1995
Sold by
Transamerica Financial Services
Bought by
Boss Valerie Ann

Purchase Details

Closed on
May 6, 1994
Sold by
Wes Pac Reconveyance Inc
Bought by
Transamerica Financial Services
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

Date Buyer Sale Price Title Company
Boss Gardner John David -- Accommodation
Gardner John David -- None Available
Boss Gardner John David -- None Available
Boss Gardner John David -- None Available
D & V Gardner Llc -- --
Gardner John David -- Continental Lawyers Title Co
Boss Valerie Ann $60,000 American Title
Transamerica Financial Services $228,061 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boss Gardner John David $250,000
Previous Owner Gardner John David $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Rented $2,595 -3.7% --
07/19/2022 07/19/22 Off Market $2,695 -- --
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 $6,401 $459,560 $183,822 $275,738
2024 $6,401 $450,550 $180,218 $270,332
2023 $6,299 $441,717 $176,685 $265,032
2022 $5,937 $433,057 $173,221 $259,836
2021 $5,802 $424,567 $169,825 $254,742
2019 $5,722 $411,976 $164,789 $247,187
2018 $5,423 $403,899 $161,558 $242,341
2016 $4,966 $388,218 $155,286 $232,932
2015 $4,776 $382,388 $152,954 $229,434
2014 $4,773 $374,898 $149,958 $224,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22158743

California Regional Multiple Listing Service (CRMLS)

APN: 7265-009-027