NOT LISTED FOR SALE

1242 E 7th St Unit 2 Long Beach, CA 90813

North Alamitos Beach Neighborhood

Estimated Value: $732,000 - $1,682,000

3 Beds
2 Baths
1,175 Sq Ft
$1,158/Sq Ft Est. Value

Highlights

  • 0.18 Acre Lot
  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of April 2024

Terrific fully furnished 3 bedroom 2 bathroom downstairs unit. Recently updated bathrooms and flooring. Comes with a 1 car garage and plenty of parking. Close to the beach, shopping, dinning and downtown Long Beach.

Last Agent to Rent the Property

Nathan Mahoney

Nathan Mahoney, Broker Brokerage Phone: 424-318-8522 License #01390111 Listed on: 11/30/2023

Last Renter's Agent

Nathan Mahoney

Nathan Mahoney, Broker Brokerage Phone: 424-318-8522 License #01390111 Listed on: 11/30/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1911

Lot Details

  • 8,022 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBCNR

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,175 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Security Deposit $3,595
  • Rent includes sewer, trash collection
  • 12-Month Minimum Lease Term
  • Available 11/30/23
  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 7266012003

Community Details

Overview

  • No Home Owners Association
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1911

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-11-30
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3595
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Zoning: LBCNR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 7266012003
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1175.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8022.00
  • Lot Size Acres: 0.1842

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8022.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5765.02
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Khan Mahbubul A and Khan Silvana Z
Bought by
Romios Dena
Current Estimated Value
$1,360,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Chen Shui Liang and Tan Jian Qing
Bought by
Khan Mahbubul A and Khan Silvana Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Sandman Irene W
Bought by
Sandman George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Marooney James Tyron
Bought by
Sandman George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Gomez Fanny D
Bought by
Marooney James Tyron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,670
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2002
Sold by
Jefferson James
Bought by
Citifinancial Mtg Company Inc

Purchase Details

Closed on
May 7, 1996
Sold by
Plein William J
Bought by
Jefferson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,037
Interest Rate
7.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romios Dena $1,420,000 Fidelity National Title
Khan Mahbubul A $790,000 Western Resources Title Comp
Sandman George H -- Stewart
Sandman George H $485,000 Stewart
Marooney James Tyron $330,000 United Title
Citifinancial Mtg Company Inc $226,100 Fidelity National Title
Jefferson James $140,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romios Dena $925,000
Previous Owner Khan Mahbubul A $592,500
Previous Owner Sandman George H $389,500
Previous Owner Marooney James Tyron $296,670
Previous Owner Jefferson James $138,037
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2024 04/20/24 Rented $3,250 -3.0% --
02/22/2024 02/22/24 Price Changed $3,350 -6.8% $3 / Sq Ft
11/30/2023 11/30/23 For Rent $3,595 -- --
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 $18,760 $1,477,368 $962,370 $514,998
2024 $18,760 $1,448,400 $943,500 $504,900
2023 $18,449 $1,420,000 $925,000 $495,000
2022 $10,636 $830,429 $578,147 $252,282
2021 $10,420 $814,147 $566,811 $247,336
2019 $6,502 $478,484 $259,663 $218,821
2018 $6,218 $469,107 $254,572 $214,535
2016 $5,715 $450,682 $244,688 $205,994
2015 $5,492 $443,913 $241,013 $202,900
2014 $5,467 $435,218 $236,292 $198,926
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2024

    Nathan Mahoney

    Nathan Mahoney, Broker

    (562) 569-3224

    10 Total Sales

    Nathan Mahoney
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23219022

California Regional Multiple Listing Service (CRMLS)

APN: 7266-012-003

California Los Angeles County Long Beach 90802 North Alamitos Beach

1242 E 7th St Unit 2, Long Beach, CA

Not Listed for Sale

Detached

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