NOT LISTED FOR SALE

Estimated Value: $1,745,000 - $2,097,926

5 Beds
3 Baths
2,824 Sq Ft
$682/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $1,710,000 $606 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,348/month

9 Days on Market

Highlights

  • Peek-A-Boo Views
  • Wood Flooring
  • No HOA
  • Fremont Elementary School Rated A
  • Spanish Architecture
  • Wood Frame Window

About This Home

As of May 2023

Fantastic Spanish style Duplex located on an oversized lot in the highly desirable Belmont Heights area of Long Beach. Wonderful curb appeal with lush landscaping and a large enclosed courtyard perfect for entertaining & soaking up the sun. Unit 120 has 2 bedrooms, 1 bathroom, and approx. 1000 sq ft with a faux fireplace, wood flooring, & lots of natural light. The kitchen has a gas stove, pantry, & built-in ironing board. Both bedrooms have nice-sized closets. The bathroom is original art deco style with a skylight. There is a built-in desk & shelving in the hallway. Unit 118 is 2-story, boasting 3 bedrooms (easily reverted back to 4 bedrooms), 2 bathrooms, & approximately 1,824 Sqft of living space. The downstairs has tile flooring. The dining area is adjacent to the kitchen which has recessed lighting & a dishwasher. There are 2 downstairs bedrooms & a full bath. Upstairs features a bonus room with a fireplace, a great built-in bar with a copper countertop, & a sink. There is a nicely upgraded bathroom with a walk-in shower. There is a large bedroom with 2 closets (previously 2 bedrooms). You will appreciate the many original architectural features. Each unit has its own utility meters. There is a nice communal laundry room with a huge storage area. There is a 1 car garage & a large 2 car garage. The beach is right down the street & you are just a short distance to the trendy shopping & dining in Belmont Shore & Alamitos Bay. Due to the lot size (6,341 sqft) & large courtyard, this property could accommodate 1-2 ADU's up to 1,200 sqft each (per seller's discussion with the city of Long Beach). This is an amazing opportunity for the savvy investor or owner-occupant! The possibilities are endless!!

Last Agent to Sell the Property

Chase Whitney

First Team Real Estate License #01217224 Listed on: 04/11/2023

First Team Real Estate

Last Buyer's Agent

Adam Rodell

RE/MAX Select One License #01238787

RE/MAX Select One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,203

Year Built

  • Built in 1932

Lot Details

  • 6,341 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Landscaped

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Awning
  • Wood Frame Window
  • Family Room with Fireplace
  • Peek-A-Boo Views

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 33
  • Tax Tract Number 5772
  • Assessor Parcel Number 7256010020
  • $547 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,203

Year Built

Built in 1932

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: Agent
  • Other Phone Number: 714-888-5056
  • Price Per Unit: 849500
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7256010020
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: Ground Level with Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 605.52
  • Room Type: Laundry
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s)
  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6341.00
  • Lot Size Acres: 0.1456

Multi Family

  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6341.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Block: 33
  • Tax Census Tract: 5772.00
  • Tax Lot: 4
  • Tax Tract Number: 5772
  • TaxOtherAnnualAssessmentAmount: 547.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Apr 24, 2023
Sold by
Zolg Michael A and Zolg Denise S
Bought by
Schneider Family Trust
Seller's Agent
Chase Whitney
First Team Real Estate
Buyer's Agent
Adam Rodell
RE/MAX Select One
List Price
$1,699,000
Sold Price
$1,710,000
Premium/Discount to List
$11,000
0.65%
Views
70
Current Estimated Value
$1,926,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,732
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,368,000
Outstanding Balance
$1,330,611
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$675,753

Purchase Details

Closed on
Jan 31, 2005
Sold by
Zolg Michael A and Zolg Denise S
Bought by
Zolg Michael A and Zolg Denise S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 22, 1996
Sold by
Zolg Michael A and Zolg William A
Bought by
Zolg Michael A and Martella Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Schneider Family Trust $1,710,000 Western Resources Title
Zolg Michael A -- Financial Title Company
Zolg Michael A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Family Trust $1,368,000
Previous Owner Zolg Michael A $340,000
Previous Owner Zolg Michael A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $1,710,000 +0.6% $606 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $1,699,000 -- $602 / 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 $22,203 $1,779,084 $1,248,480 $530,604
2024 $22,203 $1,744,200 $1,224,000 $520,200
2023 $7,065 $522,755 $277,716 $245,039
2022 $6,641 $512,506 $272,271 $240,235
2021 $6,499 $502,458 $266,933 $235,525
2019 $6,407 $487,556 $259,016 $228,540
2018 $6,184 $477,997 $253,938 $224,059
2016 $5,677 $459,437 $244,078 $215,359
2015 $5,452 $452,537 $240,412 $212,125
2014 $5,419 $443,673 $235,703 $207,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23060154

California Regional Multiple Listing Service (CRMLS)

APN: 7256-010-020