NOT LISTED FOR SALE

Estimated Value: $1,787,000 - $2,686,000

6 Beds
4 Baths
3,575 Sq Ft
$613/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2016

Last sale price $887,000 $248 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $14,188 / mo

6 Days on Market

Highlights

  • Ocean Side of Highway 1
  • 2,618 Sq Ft lot
  • Mediterranean Architecture
  • Long Beach Polytechnic High School Rated A

About This Home

As of April 2016

A fantastic investment opportunity in the Alamitos Beach neighborhood of Long Beach. Located just a few blocks from the ocean. A very well maintained 4 unit building. Each unit is large with individual laundry in each unit. Nice mix of 2 bedroom & 1 bedroom units

Last Agent to Sell the Property

Lewis Ebersole

Re/Max R. E. Specialists License #01161135 Listed on: 03/25/2016

Re/Max R. E. Specialists

Last Buyer's Agent

Lewis Ebersole

Re/Max R. E. Specialists License #01161135 Listed on: 03/25/2016

Re/Max R. E. Specialists

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 2,618 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,575 Sq Ft Home
  • Mediterranean Architecture
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Ocean Side of Highway 1

Listing and Financial Details

  • Assessor Parcel Number 7265002002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,445

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

2,618 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Parcel Number: 7265002002
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 248.11

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2618.00
  • Price Per Lot Square Foot: 338.81

Multi Family

  • Gross Income: 5445.00
  • Gross Scheduled Income: 65340.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 5445.00
  • Waterfront Features: Ocean Side Of Highway 1

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

Closed on
Mar 29, 2023
Sold by
Hamada Kenshi
Bought by
Current Estimated Value
$2,149,456

Purchase Details

Closed on
Aug 28, 2017
Sold by
Teddy 48 Llc
Bought by
Hamada Kenshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hamada Kaho
Bought by
Hamada Kenshi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2017
Sold by
Lujan Ramon
Bought by
Teddy 48 Llc

Purchase Details

Closed on
Dec 22, 2016
Sold by
Lujan Ramon
Bought by
Lujan Ramon and Lujan Tereza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 19, 2016
Sold by
Lujan Vanessa
Bought by
Lujan Aaron
Seller's Agent
Lewis Ebersole
Re/Max R. E. Specialists
Buyer's Agent
Lewis Ebersole
Re/Max R. E. Specialists
List Price
$845,000
Sold Price
$887,000
Premium/Discount to List
$42,000
4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 8, 2016
Sold by
Omni Prop Llc
Bought by
Lujan Ramon and Lujan Norma Tereza
Seller's Agent
Lewis Ebersole
Re/Max R. E. Specialists
Buyer's Agent
Lewis Ebersole
Re/Max R. E. Specialists
List Price
$845,000
Sold Price
$887,000
Premium/Discount to List
$42,000
4.97%

Purchase Details

Closed on
Mar 13, 2006
Sold by
Coven Randi Eve
Bought by
Omni Prop Llc

Purchase Details

Closed on
Mar 24, 2005
Sold by
Kaz Maurice A
Bought by
Coven Randi Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
Kaz Maurice A
Bought by
Kaz Maurice A and Maurice A Kaz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2001
Sold by
Laws Jeremy
Bought by
Kaz Maurice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.63%

Purchase Details

Closed on
Apr 28, 1999
Sold by
Ramos Salvador
Bought by
Laws Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,628
Interest Rate
6.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 1997
Sold by
Ward John
Bought by
Ramos Salvador

Purchase Details

Closed on
Jul 1, 1997
Sold by
Ward Sigalit D
Bought by
Ward John

Purchase Details

Closed on
Jun 3, 1997
Sold by
Hud
Bought by
Ward John

Purchase Details

Closed on
Dec 30, 1996
Sold by
Pedini Ron G
Bought by
Countrywide Home Loans Inc and Countrywide Funding Corp

Purchase Details

Closed on
Dec 4, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Sep 29, 1994
Sold by
Dameron Marianne
Bought by
Dameron Marianne and Conrad Mary

Purchase Details

Closed on
Sep 28, 1994
Sold by
Dameron Marianne
Bought by
Pedini Ron G and Pedini Karen M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Alamitos Beach, CA

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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
-- None Listed On Document
Hamada Kenshi $1,787,000 Old Republic Title Company
Hamada Kenshi -- Lawyers Title
Teddy 48 Llc $1,625,000 Old Republic Title
Lujan Ramon -- Provident Title
Lujan Aaron -- Ortc
Lujan Ramon $887,000 Ortc
Omni Prop Llc -- None Available
Coven Randi Eve $800,000 Natc
Kaz Maurice A -- --
Kaz Maurice A $340,000 American Title Co
Laws Jeremy -- American Title Co
Ramos Salvador $225,000 Benefit Land Title
Ramos Salvador -- Benefit Land Title
Ward John -- California Counties Title Co
Ward John $150,000 California Counties Title Co
Countrywide Home Loans Inc $207,933 Landsafe Title
Hud -- Lansafe Title
Dameron Marianne -- Southland Title
Pedini Ron G $202,500 Southland Title
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 $3,757,772
Previous Owner Hamada Kenshi $800,000
Previous Owner Lujan Ramon $650,000
Previous Owner Coven Randi Eve $640,000
Previous Owner Kaz Maurice A $375,000
Previous Owner Kaz Maurice A $272,000
Previous Owner Ramos Salvador $34,628
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
04/27/2016 04/27/16 Sold $887,000 +5.0% $248 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $845,000 -- $236 / 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 $28,634 $2,228,536 $1,591,812 $636,724
2025 $28,634 $2,184,840 $1,560,600 $624,240
2024 $27,395 $2,142,000 $1,530,000 $612,000
2023 $25,126 $1,954,343 $1,421,739 $532,604
2022 $23,566 $1,916,023 $1,393,862 $522,161
2021 $23,107 $1,878,455 $1,366,532 $511,923
2019 $22,776 $1,822,740 $1,326,000 $496,740
2018 $22,243 $1,787,000 $1,300,000 $487,000
2016 $10,081 $820,000 $410,000 $410,000
2015 $9,817 $820,000 $410,000 $410,000
2014 $8,801 $720,000 $429,800 $290,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16062317

California Regional Multiple Listing Service (CRMLS)

APN: 7265-002-002

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