NOT LISTED FOR SALE

Estimated Value: $1,302,000 - $1,410,458

8 Beds
4 Baths
3,440 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2022

Last sale price $1,350,000 $392 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,217 / mo

20 Days on Market

About This Home

As of May 2022

Wydown Partners, Inc. is pleased to present 1332-1338 Stanley Ave, a pristine, true turnkey 4-unit apartment building for sale. The property is located in the broader Eastisde neighborhood of Long Beach and is a fantastic, unique to the market investment opportunity. Stanley Ave. features four updated 2-bedroom units, each with their own washer/dryer and multiple parking spaces. In 2019 and 2021, the building underwent an extensive and thorough renovation. The renovation features everything from plumbing, electrical, and gas to windows, landscaping, and security. There is also potential for an investor to add an ADU (to be verified).The project has been well received in the market. Professional management has heavily screened all new tenants while leasing each unit with full security deposits. Tenants enjoy this central location that allows for easy freeway access for those commuting to LA or Orange County. Vibrant, rapidly growing downtown Long Beach and the famed 2nd Street are both just a few minutes away. Numerous public transportation routes, including the Metro Blue Line, are also within easy walking distance.

Last Agent to Sell the Property

Matt Levis

Wydown Partners Inc. License #01900634 Listed on: 03/31/2022

Co-Listed By

Jack Levis

Wydown Partners Inc. License #01886278

Last Buyer's Agent

Joseph Soaris

KW Westside Estates License #01073001

KW Westside Estates

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,101

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property
  • Alarm System
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,101 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, water, trash collection
  • The owner pays for electricity
  • Assessor Parcel Number 7260-024-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

6,101 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3440
  • Lot Acreage: 0.1401
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Alarm System
  • Price Per S Q F T: 421.51

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 43.82
  • Assessed Improvement Value: 401921
  • Assessed Land Percent: 56.18
  • Assessed Land Value: 515283
  • Total Assessed Value: 917204
  • Assessor Parcel Number: 7260-024-016
  • Lot Size Area: 6101

Rental Info

  • Owner Pays: Electricity
  • Tenant Pays: Gas, Water, Trash Collection

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.14
  • Number Of Units: 4
  • Type Of Units: 2bed/1bath

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
Mar 31, 2022
Closed on
May 16, 2022
Sold by
Peter Zeon
Bought by
Seller's Agent
Matt Levis
Wydown Partners Inc.
Buyer's Agent
Joseph Soaris
KW Westside Estates
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%
Current Estimated Value
$1,387,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,272
Avg. Annual Appreciation
-0.13%
Original Mortgage
$700,000
Outstanding Balance
$650,777
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$691,838

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 10, 2022
Sold by
Tessema Aster
Bought by
Zeon Peter
Seller's Agent
Matt Levis
Wydown Partners Inc.
Buyer's Agent
Joseph Soaris
KW Westside Estates
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$650,777
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$691,838

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 19, 2022
Sold by
Sb Investment Fund I Llc
Bought by
Zeon Peter
Seller's Agent
Matt Levis
Wydown Partners Inc.
Buyer's Agent
Joseph Soaris
KW Westside Estates
List Price
$1,450,000
Sold Price
$1,350,000
Premium/Discount to List
-$100,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$650,777
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$691,838

Purchase Details

Closed on
Dec 17, 2019
Sold by
Sb Investment Fund Llc
Bought by
Strahan Wyatt and Strahan Wiley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2018
Closed on
Jan 25, 2019
Sold by
Strahan Wiley and Strahan Wyatt
Bought by
Sb Investment Fund I Llc
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$999,000
Sold Price
$890,000
Premium/Discount to List
-$109,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$667,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 21, 2018
Sold by
Keer David W
Bought by
Marlin David J
Seller's Agent
Robert Fox
Robert Fox, Broker
Buyer's Agent
Jeffrey Isenberg
Buckingham Investments, Inc
List Price
$999,000
Sold Price
$890,000
Premium/Discount to List
-$109,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2009
Sold by
Maverick Productions Llc
Bought by
Martin David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Td Capital Llc
Bought by
Maverick Productions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Alne Phil and Alne Claudia
Bought by
T D Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Porobic Ankica and The Ankica Porobic Trust
Bought by
Alne Phil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2004
Sold by
Porobic Ankica
Bought by
Porobic Ankica and Ankica Porobic Trust

Purchase Details

Closed on
Jun 30, 2003
Sold by
Rawlings Stephen and Miller Bradley
Bought by
Porobic Ankica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,900
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2002
Sold by
Rawlings Stephen
Bought by
Rawlings Stephen and Miller Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,336
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2002
Sold by
Douglass Barbara E
Bought by
Rawlings Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,336
Interest Rate
5.95%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Zaferia, CA

See All Agents

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
-- First American Title Company O
Zeon Peter -- First American Title Company O
Zeon Peter $1,350,000 First American Title Company O
Strahan Wyatt -- Stewart Title Of California
Sb Investment Fund I Llc -- Accommodation
Sb Investment Fund I Llc -- None Available
Marlin David J -- Old Republic Title Company
Strahan Wiley $890,000 Old Republic Title Company
Martin David J $475,000 North American Title Co
Maverick Productions Llc $419,000 North American Title Company
T D Capital Llc -- None Available
Alne Phil $900,000 Old Republic Title Company
Porobic Ankica -- --
Porobic Ankica $577,000 Chicago Title Co
Rawlings Stephen -- Equity
Rawlings Stephen $360,000 Commonwealth Land Title Co
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
Open $700,000
Previous Owner Strahan Wyatt $862,500
Previous Owner Strahan Wiley $667,500
Previous Owner Martin David J $341,250
Previous Owner Martin David J $356,250
Previous Owner Maverick Productions Llc $200,000
Previous Owner Alne Phil $630,000
Previous Owner Porobic Ankica $100,000
Previous Owner Porobic Ankica $507,500
Previous Owner Porobic Ankica $403,900
Previous Owner Porobic Ankica $100,000
Previous Owner Rawlings Stephen $354,336
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 Prior Sale
05/17/2022 05/17/22 Sold $1,350,000 -6.9% $392 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,450,000 +62.9% $422 / Sq Ft
01/25/2019 01/25/19 Sold $890,000 -10.9% $259 / Sq Ft View Prior Sale
12/18/2018 12/18/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $999,000 -- $290 / Sq Ft
Source: The MLS

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 $19,187 $1,461,282 $811,824 $649,458
2025 $19,187 $1,432,630 $795,906 $636,724
2024 $18,355 $1,404,540 $780,300 $624,240
2023 $18,048 $1,377,000 $765,000 $612,000
2022 $12,013 $935,547 $525,588 $409,959
2021 $11,766 $917,204 $515,283 $401,921
2020 $11,735 $907,800 $510,000 $397,800
2019 $7,481 $549,638 $231,425 $318,213
2018 $7,189 $538,862 $226,888 $311,974
2016 $6,607 $517,939 $218,079 $299,860
2015 $6,350 $510,160 $214,804 $295,356
2014 $6,322 $500,168 $210,597 $289,571
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-141975

The MLS

APN: 7260-024-016

Your Personal Tour Guide

Ask me questions while you tour the home.