ROSEMARIE GROEN
MAINSTREET REALTORS
(909) 298-8418
12 Total Sales
1 in Alamitos Beach
$875,000 Price
126 Esperanza Ave Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated Value: $1,547,000 - $1,748,000
4
Beds
4
Baths
3,655
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Across the Road from Lake or Ocean
- 0.05 Acre Lot
- Spanish Architecture
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- Corner Lot
About This Home
As of September 2021Located in the heart of Alamitos Beach, we are pleased to present this opportunity to own The Esperanza Apartments. This property includes four large 900 sqft 1-bedroom / 1-bathroom units, prime for a conversion into 2-bedroom units and a laundry room. 126 Esperanza is a few blocks from Downtown Long Beach and two blocks from the beach. With a walk score of 90, this is the most walkable zip code in Long Beach. Your tenant base will enjoy a short distance to amazing restaurants like Ellie’s, 555 East American Steakhouse, and The Plunge in addition to an awesome nightlife at bars like Black Long Beach, The Blind Donkey, and much more. The property has beautiful original hardwood floors, tiled fireplaces, wood built-ins, and aesthetic period detailing. The owner meticulously maintained the property's features and recently installed copper plumbing throughout the building as well as a large portion of new windows. Finally, the laundry room is a separate room above the building with coin laundry which provides additional income.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 05/24/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 2,276 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Corner Lot
- Density is up to 1 Unit/Acre
Home Design
- Spanish Architecture
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 3,655 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Wood Flooring
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Across the Road from Lake or Ocean
- Urban Location
Utilities
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 1 / 64
- Tax Tract Number 576
- Assessor Parcel Number 7265012002
Community Details
Overview
- No Home Owners Association
- 4 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $346
- Gardener Expense $300
- Insurance Expense $1,500
- Maintenance Expense $1,000
- Other Expense $700
- Professional Management Expense $2,960
- Water Sewer Expense $300
- New Taxes Expense $18,750
- Operating Expense $26,356
- Gross Income $87,852
- Net Operating Income $61,496
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
Listed on
May 24, 2021
Closed on
Sep 20, 2021
Sold by
Steidl Eric D and Yearick Steidl Sherrill
Bought by
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Grace Olson
Coldwell Banker Envision
List Price
$1,500,000
Sold Price
$1,555,000
Premium/Discount to List
$55,000
3.67%
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
$95,726
Avg. Annual Appreciation
1.11%
Purchase Details
Closed on
Jun 18, 2021
Sold by
Steidl Eric D and Steidl Sherrill L
Bought by
Steidl Eric D and Yearick-Steidl Sherrill L
Purchase Details
Closed on
Oct 22, 2020
Sold by
Franks Kristin Gail
Bought by
Franks Thomas G
Purchase Details
Closed on
Dec 10, 2004
Sold by
West Robert L
Bought by
West Robert L
Purchase Details
Closed on
Apr 9, 2004
Sold by
Steidl Eric D and Yearick Steidl Sherill L
Bought by
Steidl Eric D
Purchase Details
Closed on
Nov 19, 2003
Sold by
Sahlm Paul R
Bought by
Steidl Eric D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 2003
Sold by
Sahlin Paul R
Bought by
Sahlin Paul R and Paul R Sahlin Separate Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.79%
Purchase Details
Closed on
Apr 19, 1999
Sold by
Sahlin Paul R
Bought by
Sahlin Paul R and Paul R Sahlin Separate Property Trust
Purchase Details
Closed on
May 29, 1996
Sold by
Hosaka Russell Y
Bought by
Sahlin Paul R
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Alamitos Beach, CA
-
ROSEMARIE GROEN
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
122 Total Sales
3 in Alamitos Beach
$225K - $1.4M Price Range
-
Herman Nijjar
HN
Herman Nijjar
Compass
(949) 674-3738
15 Total Sales
1 in Alamitos Beach
$1,300,000 Price
-
Bob Stallings
Bob Stallings
Re/Max R. E. Specialists
(562) 784-5682
26 Total Sales
2 in Alamitos Beach
$295K - $415K Price Range
-
Alexander Varga
Alexander Varga
Norm Haley Real Estate
(626) 788-8434
30 Total Sales
1 in Alamitos Beach
$799,750 Price
-
David Landeros
David Landeros
West Associates
(424) 414-6547
14 Total Sales
1 in Alamitos Beach
$489,000 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 |
|---|---|---|---|
| -- | Old Republic Title | ||
| Steidl Eric D | -- | Old Republic Title | |
| Steidl Family Living Trust | -- | Old Republic Title | |
| Lisa Shagufta Ali Family Trust | $1,555,000 | Old Republic Title | |
| Franks Thomas G | -- | None Listed On Document | |
| West Robert L | -- | None Available | |
| Steidl Eric D | -- | -- | |
| Steidl Eric D | -- | -- | |
| Steidl Eric D | $487,500 | Commonwealth Land Title Co | |
| Sahlin Paul R | -- | California Counties Title Co | |
| Sahlin Paul R | -- | California Counties Title Co | |
| Sahlin Paul R | -- | -- | |
| Sahlin Paul R | $140,000 | Old Republic Title Company |
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 | $390,000 | ||
| Previous Owner | Sahlin Paul R | $125,000 | |
| Previous Owner | Sahlin Paul R | $102,000 |
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 |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Sold | $1,555,000 | +3.7% | $425 / Sq Ft |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $1,500,000 | -- | $410 / 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 | $21,844 | $1,683,179 | $1,012,073 | $671,106 |
| 2025 | $21,844 | $1,650,177 | $992,229 | $657,948 |
| 2024 | $20,895 | $1,617,822 | $972,774 | $645,048 |
| 2023 | $20,544 | $1,586,100 | $953,700 | $632,400 |
| 2022 | $19,273 | $1,555,000 | $935,000 | $620,000 |
| 2021 | $8,360 | $640,324 | $328,374 | $311,950 |
| 2019 | $8,240 | $622,014 | $318,635 | $303,379 |
| 2018 | $8,025 | $609,832 | $312,388 | $297,444 |
| 2016 | $7,371 | $585,500 | $300,258 | $285,242 |
| 2015 | $7,082 | $576,706 | $295,748 | $280,958 |
| 2014 | $7,045 | $565,410 | $289,955 | $275,455 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
JH
Seller's Agent in 2021
Juan Huizar
Sage Real Estate Group, Inc.
(562) 725-9009
2 in this area
106 Total Sales
-
Caleb Baldwin
Seller Co-Listing Agent in 2021
Caleb Baldwin
MJ Financial Services Inc
(562) 572-4978
1 in this area
42 Total Sales
-
Grace Olson
GO
Buyer's Agent in 2021
Grace Olson
Coldwell Banker Envision
(562) 980-2946
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21106565
APN: 7265-012-002
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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