Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in Belmont Shore
$1,249,999 Price
116 Quincy Ave Long Beach, CA 90803
Belmont Shore Neighborhood
3
Beds
4
Baths
3,120
Sq Ft
3,145
Sq Ft Lot
About This Home
As of August 2013We are proud to offer a well-maintained, attractive apartment building located in heart of the Belmont Shore community in the city of Long Beach. The subject property is located just minutes from the beach and bay and situated within close proximity to 2nd Street where numerous restaurants and shopping centers are located. The location attracts a strong renter pool who values the beach city life style. Built in 1961, the subject property has 3,120 rentable square feet, with a lot size of 3,145 square feet. The unit mix consists of two studio/one-bath units, one one-bedroom/one-bath unit, and two two-bedroom/one bath units. This is an extraordinary opportunity for an investor to acquire a quality asset in a prime location with true rental upside and stable return.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 07/17/2013
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 3,145 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- 3,120 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 3750
- Assessor Parcel Number 7256030008
Community Details
Overview
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,850
- Maintenance Expense $3,900
- Other Expense $1,250
- Professional Management Expense $3,300
- Trash Expense $461
- Water Sewer Expense $3,696
- New Taxes Expense $14,238
- Gross Income $5,530
- Net Operating Income $35,674
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
Jun 18, 2015
Sold by
Sullivan Daniel Francis
Bought by
Purchase Details
Closed on
Mar 13, 2015
Sold by
Sullivan Daniel Francis
Bought by
Sullivan Daniel Francis and Sullivan Maria C
Purchase Details
Listed on
Jul 17, 2013
Closed on
Aug 26, 2013
Sold by
116 Quincy Enterprises Llc
Bought by
Sullivan Daniel F and Sullivan Maria C
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
Kevin King
Marcus & Millichap
List Price
$1,139,000
Sold Price
$1,119,000
Premium/Discount to List
-$20,000
-1.76%
Purchase Details
Closed on
Jul 5, 2011
Sold by
Montecito Bank & Trust
Bought by
116 Quincy Enterprise Llc
Purchase Details
Closed on
Dec 10, 2007
Sold by
Weinman Robert W
Bought by
Montecito Bank & Trust and The Robert W Weinman 2007 Charitable Rem
Purchase Details
Closed on
Jun 1, 1996
Sold by
Jones Randy L
Bought by
Weinman Robert W
Purchase Details
Closed on
Apr 30, 1994
Sold by
Weinman Robert W
Bought by
Jones Randy L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Shore, CA
-
Gina Bryson
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
170 Total Sales
3 in Belmont Shore
$1.7M - $1.8M Price Range
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
1 in Belmont Shore
$985,000 Price
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
6 in Belmont Shore
$1.3M - $2.9M Price Range
-
Heidi Bailey
Heidi Bailey
Keller Williams Coastal Prop.
(949) 356-7766
37 Total Sales
2 in Belmont Shore
$1,525,000 Price Range
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
237 Total Sales
1 in Belmont Shore
$1,297,000 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 |
|---|---|---|---|
| -- | None Available | ||
| The Sullivan Living Trust | -- | None Available | |
| Sullivan Daniel Francis | -- | None Available | |
| Sullivan Daniel F | $1,119,000 | Fidelity Van Nuys | |
| 116 Quincy Enterprise Llc | $900,000 | Pacific Coast Title Company | |
| Montecito Bank & Trust | -- | Southland Title Corporation | |
| Weinman Robert W | -- | First American | |
| Jones Randy L | -- | Fidelity National 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 |
|---|---|---|---|
| Previous Owner | $485,000 |
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 |
|---|---|---|---|---|
| 08/30/2013 08/30/13 | Sold | $1,119,000 | -1.8% | $359 / Sq Ft |
| 08/13/2013 08/13/13 | Pending | -- | -- | -- |
| 07/17/2013 07/17/13 | For Sale | $1,139,000 | -- | $365 / 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 | $18,376 | $1,399,165 | $875,262 | $523,903 |
| 2025 | $18,376 | $1,371,731 | $858,100 | $513,631 |
| 2024 | $17,602 | $1,344,835 | $841,275 | $503,560 |
| 2023 | $17,301 | $1,318,467 | $824,780 | $493,687 |
| 2022 | $16,236 | $1,292,615 | $808,608 | $484,007 |
| 2021 | $15,912 | $1,267,270 | $792,753 | $474,517 |
| 2019 | $15,684 | $1,230,685 | $769,241 | $461,444 |
| 2018 | $15,291 | $1,206,574 | $754,158 | $452,416 |
| 2016 | $14,076 | $1,158,762 | $724,874 | $433,888 |
| 2015 | $13,508 | $1,141,357 | $713,986 | $427,371 |
| 2014 | $13,420 | $1,119,000 | $700,000 | $419,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
Seller's Agent in 2013
Kevin King
Marcus & Millichap
(562) 257-1245
2 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13140567
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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