Roddy de la Garza
Epique Realty
(323) 615-1579
118 Total Sales
1 in Saint Mary's
$580,000 Price
1141 Pine Ave Long Beach, CA 90813
Saint Mary's Neighborhood
--
Beds
10
Baths
8,424
Sq Ft
6,002
Sq Ft Lot
About This Home
As of November 2014This 15 Unit mixed use investment property consists of 13 residential units and 2 commercial units. The building is separately metered for gas and electric, has approximately 8,424 rentable Sq. Ft. and situated on a 6,002 Sq. Ft. Lot. This property is located in the great rental market of Long Beach and provides a significant cash-on-cash return from day 1! This deal also has great assumable financing at 3.5% fixed through July of 2018 (assumption is not required to purchase the property). This opportunity will not last long!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 06/30/2014
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 06/30/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,002 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- 8,424 Sq Ft Home
- Property Attached
Additional Features
- 10 Bathrooms
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 182
- Assessor Parcel Number 7273005008
Community Details
Overview
- 15 Units
- Alamitos Beach Subdivision
Building Details
- 15 Leased Units
- 15 Separate Electric Meters
- 15 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $12,000
- Gardener Expense $600
- Insurance Expense $3,370
- Maintenance Expense $7,175
- Pest Control $600
- Professional Management Expense $7,175
- New Taxes Expense $17,188
- Operating Expense $49,517
- Gross Income $12,133
- Net Operating Income $88,800
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
Aug 26, 2014
Sold by
Dynamite Investments Lp
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
$851,500
Interest Rate
3.89%
Mortgage Type
Commercial
Purchase Details
Closed on
May 4, 2013
Sold by
1141 Pine Ave Llc
Bought by
Plotkin Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,750
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 14, 2009
Sold by
Plotkin Sean
Bought by
1141 Pine Ave Llc
Purchase Details
Closed on
Mar 2, 2006
Sold by
Innerbickler Peter and The Peter Innerbickler Revocab
Bought by
Plotkin Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 20, 2003
Sold by
First American Trust Fsb
Bought by
Innerbickler Peter
Purchase Details
Closed on
Sep 7, 2001
Sold by
Innerbickler Peter
Bought by
Innerbickler Peter and The Peter Innerbickler Revocable Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Saint Mary's, CA
-
Roddy de la Garza
-
Kelly Conley
Kelly Conley
eXp Realty of California Inc
(562) 362-4213
15 Total Sales
2 in Saint Mary's
$620K - $661K Price Range
-
Edward Ong
Edward Ong
Responds QuicklyCorpen Real Estate Group
(669) 200-0582
82 Total Sales
1 in Saint Mary's
$775,000 Price
-
Aldon Lai
Aldon Lai
High Ten Partners, Inc.
(626) 618-9134
16 Total Sales
1 in Saint Mary's
$4,900,000 Price
-
Oliver Darwich
Oliver Darwich
Compass
(747) 998-0783
38 Total Sales
1 in Saint Mary's
$467,500 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
120 Total Sales
1 in Saint Mary's
$370,000 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 |
|---|---|---|---|
| $1,310,000 | Progressive Title Company | ||
| Plotkin Sean | -- | Ticor Title Company | |
| Dynamite Investments Lp | $1,205,000 | Ticor Title Company | |
| 1141 Pine Ave Llc | -- | None Available | |
| Plotkin Sean | $1,000,000 | North American Title Co | |
| Innerbickler Peter | $15,500 | First American Title Co | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- | |
| Innerbickler Peter | -- | -- |
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 | $975,000 | ||
| Previous Owner | 409 W 22Nd Street Llc | $851,500 | |
| Previous Owner | Dynamite Investments Lp | $903,750 | |
| Previous Owner | Plotkin Sean | $500,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2014 11/26/14 | Sold | $1,310,000 | -4.7% | $156 / Sq Ft | |
| 08/26/2014 08/26/14 | Pending | -- | -- | -- | |
| 06/30/2014 06/30/14 | For Sale | $1,375,000 | +14.1% | $163 / Sq Ft | |
| 07/26/2013 07/26/13 | Sold | $1,205,000 | +4.8% | $143 / Sq Ft | View Prior Sale |
| 04/15/2013 04/15/13 | Pending | -- | -- | -- | |
| 03/25/2013 03/25/13 | For Sale | $1,150,000 | -- | $137 / 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 |
|---|---|---|---|---|
| 2026 | $22,787 | $1,605,901 | $497,703 | $1,108,198 |
| 2025 | $22,787 | $1,574,414 | $487,945 | $1,086,469 |
| 2024 | $21,749 | $1,543,544 | $478,378 | $1,065,166 |
| 2023 | $21,355 | $1,513,280 | $468,999 | $1,044,281 |
| 2022 | $20,077 | $1,483,608 | $459,803 | $1,023,805 |
| 2021 | $19,614 | $1,454,519 | $450,788 | $1,003,731 |
| 2019 | $19,331 | $1,411,378 | $437,418 | $973,960 |
| 2018 | $18,833 | $1,383,705 | $428,842 | $954,863 |
| 2016 | $17,326 | $1,329,977 | $412,191 | $917,786 |
| 2015 | $15,748 | $1,229,075 | $382,492 | $846,583 |
| 2014 | -- | $1,205,000 | $375,000 | $830,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
Seller's Agent in 2014
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
1 in this area
131 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2014
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
141 Total Sales
-
Brian Shanedling
BS
Seller's Agent in 2013
Brian Shanedling
Long Beach Property Management
(562) 735-3064
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB14137277
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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