Seller's Agent in 2024
Matt Mahowald
Buckingham Investments, Inc
(310) 982-7055
3 in this area
29 Total Sales
1216 E Florida St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,612,669 - $1,926,000
14
Beds
8
Baths
3,984
Sq Ft
$436/Sq Ft
Est. Value
Highlights
- Second Garage
- Ocean Side of Highway 1
- Open Floorplan
- Long Beach Polytechnic High School Rated A
- 0.23 Acre Lot
- 4-minute walk to Miracle On Fourth Street Park
About This Home
As of September 2024Huge Residential Compound located within the highly sought after neighborhood of Alamitos Beach! Here is your chance to own three freestanding buildings on a massive lot of almost 10,000 sqft, blocks away from the sandy beach! This large 4-unit asset consists of two single family homes (each with their own garages and private yard space) and a duplex, totaling almost 4,000 sqft of rentable space with plenty of parking. Live in one and rent the others, add more units by converting the garages into ADUs, short-term rentals blocks away from the ocean – the opportunities are endless!
Last Agent to Sell the Property
Buckingham Investments, Inc Brokerage Phone: 310 756-5511 License #02001732 Listed on: 04/16/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 9,929 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Back Yard
Parking
- 8 Open Parking Spaces
- Second Garage
- 4 Car Garage
- 2 Carport Spaces
- Parking Available
- Single Garage Door
- Driveway Level
- Parking Lot
- Off-Street Parking
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,984 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Family Room
- Living Room
- Home Office
- Bonus Room
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Exterior Lighting
- Outdoor Storage
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
Additional Features
- Accessible Parking
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Assessor Parcel Number 7275009001
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
- Alamitos Beach Subdivision
Recreation
- Park
- Dog Park
Building Details
- 2 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,900
- Trash Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $46,800
- Gross Income $149,880
- Net Operating Income $96,993
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Sep 20, 2024
Sold by
Thuvamontolrat Kelly Y
Bought by
Thuvamontolrat Kris
Seller's Agent
Matt Mahowald
Buckingham Investments, Inc
Buyer's Agent
Kris Thuvamontolrat
Buckingham Investments, Inc
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,917
Avg. Annual Appreciation
4.09%
Original Mortgage
$1,155,000
Outstanding Balance
$1,142,066
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$594,851
Purchase Details
Listed on
Apr 16, 2024
Closed on
Sep 11, 2024
Sold by
Wang Chenzhou
Bought by
Li Brian Ning
Seller's Agent
Matt Mahowald
Buckingham Investments, Inc
Buyer's Agent
Kris Thuvamontolrat
Buckingham Investments, Inc
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Outstanding Balance
$1,142,066
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$594,851
Purchase Details
Listed on
Apr 16, 2024
Closed on
Aug 23, 2024
Sold by
Griswold Family Trust and Griswold Keiko Kokubo
Bought by
Thuvamontolrat Kris and Li Brian Ning
Seller's Agent
Matt Mahowald
Buckingham Investments, Inc
Buyer's Agent
Kris Thuvamontolrat
Buckingham Investments, Inc
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Outstanding Balance
$1,142,066
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$594,851
Purchase Details
Closed on
Feb 2, 2023
Sold by
Griswold Family Trust
Bought by
Griswold Family Trust
Purchase Details
Closed on
Oct 14, 2022
Sold by
Suzanne Marie Manhart Trust
Bought by
Survivors Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
6.58%
Mortgage Type
Construction
Purchase Details
Closed on
May 14, 2010
Sold by
Manhart Suzanne Marie
Bought by
Manhart Suzanne Marie and The Suzanne Marie Manhart Trus
Purchase Details
Closed on
Apr 7, 2004
Sold by
Arechiga Alejandro and Arechiga Josefina
Bought by
Manhart Suzanne Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 2004
Sold by
Arechiga Alejandro and Arechiga Josefina
Bought by
Arechiga Alejandro and Arechiga Josefina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 1997
Sold by
Zadeh Akbar M
Bought by
Arechiga Alejandro and Arechiga Josefina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,460
Interest Rate
7.7%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 30, 1994
Sold by
Zadeh Farideh M
Bought by
Zadeh Akbar M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
9.95%
Purchase Details
Closed on
Dec 13, 1994
Sold by
Wells Fargo Bank Na
Bought by
Zadeh Akbar M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
9.95%
Purchase Details
Closed on
Jul 19, 1994
Sold by
American Securities Company
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jan 7, 1994
Sold by
Issmeal Sayed
Bought by
Audi Frank
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thuvamontolrat Kris | -- | Ticor Title Company Of Califor | |
| Li Brian Ning | -- | Ticor Title Company Of Califor | |
| Thuvamontolrat Kris | $1,650,000 | Ticor Title Company Of Califor | |
| Griswold Family Trust | -- | Stewart Title Company | |
| Survivors Trust | $1,550,000 | Old Republic Title | |
| Manhart Suzanne Marie | -- | None Available | |
| Manhart Suzanne Marie | $750,000 | Fidelity National Title Co L | |
| Arechiga Alejandro | -- | -- | |
| Arechiga Alejandro | $265,000 | North American Title Co | |
| Zadeh Akbar M | -- | Old Republic Title Company | |
| Zadeh Akbar M | -- | Old Republic Title | |
| Wells Fargo Bank Na | $238,000 | Fidelity National Title | |
| Audi Frank | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Li Brian Ning | $1,155,000 | |
| Previous Owner | Survivors Trust | $930,000 | |
| Previous Owner | Manhart Suzanne Marie | $300,000 | |
| Previous Owner | Arechiga Alejandro | $254,460 | |
| Previous Owner | Zadeh Akbar M | $89,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $1,650,000 | -8.3% | $414 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | Price Changed | $1,800,000 | -2.7% | $452 / Sq Ft |
| 04/16/2024 04/16/24 | For Sale | $1,850,000 | -- | $464 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,694 | $1,650,000 | $1,175,000 | $475,000 |
| 2024 | $20,694 | $1,581,000 | $1,128,120 | $452,880 |
| 2023 | $20,351 | $1,550,000 | $1,106,000 | $444,000 |
| 2022 | $12,987 | $1,004,830 | $669,889 | $334,941 |
| 2021 | $12,720 | $985,128 | $656,754 | $328,374 |
| 2020 | $12,687 | $975,027 | $650,020 | $325,007 |
| 2019 | $12,541 | $955,910 | $637,275 | $318,635 |
| 2018 | $12,063 | $937,168 | $624,780 | $312,388 |
| 2016 | $11,090 | $900,778 | $600,520 | $300,258 |
| 2015 | $9,892 | $887,248 | $591,500 | $295,748 |
| 2014 | $9,563 | $780,000 | $520,500 | $259,500 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Mahowald
-
Kris Thuvamontolrat
K
Buyer's Agent in 2024
Kris Thuvamontolrat
Buckingham Investments, Inc
(310) 982-7055
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24072977
APN: 7275-009-001
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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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