NOT LISTED FOR SALE

Estimated Value: $1,026,000 - $1,112,952

4 Beds
2 Baths
1,920 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 03, 2015

Last sale price $510,000 $266 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,173/month

1 Day on Market

Highlights

  • Property has ocean access
  • 0.04 Acre Lot
  • High Ceiling
  • Long Beach Polytechnic High School Rated A
  • Spanish Architecture
  • 4-minute walk to Bixby Park

About This Home

As of March 2015

wow builders dream w/900 sq ft basement and near ocean blvd. each unit is 2 bedroom one bath and each unit is 900 sq ft. you can walk thru the basement without hitting your head. good for storage but not living space (no windows just vents)just remodeled downstairs about 3 years ago. the lower unit has access to the basement. the upper unit was remodeled less than a year age. each unit has a laundry room. there are similar duplexes adjacent to this property. will consider trading down o condo or ??. appliances included in sale. both units have faux fireplaces. do not contact the existing tenant under any circumstances. property subject to accepted offer only. might consider carrying a first t.d w/large down payment. owner is licensed broker. Property address is 134/136 hemosa ave. tax record shows 134 Hermosa. coved ceilings thruout. has the original Spanish style architecture thruout the unit.

Last Agent to Sell the Property

wendell fleming

Fleming Realty License #00404773 Listed on: 01/13/2015

Last Buyer's Agent

Curtis Beitel

HomeSmart, Evergreen Realty License #00814519

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 1,505 Sq Ft Lot
  • Lot Dimensions are 50x50
  • 1 Common Wall
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Spanish Architecture
  • Property Attached
  • Flat Roof Shape
  • Raised Foundation
  • Plaster
  • Stucco

Interior Spaces

  • 1,920 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Living Room

Kitchen

  • Gas Cooktop
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Outdoor Features

  • Property has ocean access
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 7265020003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $5,250
  • Gross Income $2,570
  • Net Operating Income $23,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 600.00
  • Zoning: r2
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7265020003
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Ceramic Counters, High Ceilings
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 265.62
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Stackable, Washer Included

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Size: 50x50
  • Lot Size Sq Ft: 1505.00
  • Lot Size Acres: 0.0350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 900
  • Gross Income: 2570.00
  • Gross Scheduled Income: 30840.00
  • Insurance Expense: 600.00
  • Lot Size Area: 1505.0000 Square Feet
  • Net Operating Income: 23160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 7680.00
  • Rent Control: No
  • Total Actual Rent: 2570.00
  • Waterfront Features: Ocean Access

Tax Info

  • New Taxes Expense: 5250.00
  • Tax Block: 3
  • Taxes Percent: 1.00
  • Tax Lot: 1
  • Tax Tract Number: ab
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2016
Sold by
Daboush Elizor
Bought by
Daboush Elizor and Daboush Kathleen L
Current Estimated Value
$1,061,238

Purchase Details

Listed on
Jan 13, 2015
Closed on
Jan 28, 2015
Sold by
Fleming Wendell Alexander
Bought by
Daboush Elizor and Daboush Kathleen L
Seller's Agent
wendell fleming
Fleming Realty
Buyer's Agent
Curtis Beitel
HomeSmart, Evergreen Realty
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$306,000
Outstanding Balance
$232,718
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$828,520

Purchase Details

Closed on
Oct 16, 2007
Sold by
The Fleming Family Revocable Living Tr
Bought by
The Wendell Alexander Fleming 2007 Revoc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Daboush Elizor -- None Available
Daboush Elizor $510,000 Title365 Company
The Wendell Alexander Fleming 2007 Revoc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daboush Elizor $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2015 03/03/15 Sold $510,000 -2.9% $266 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $525,000 -- $273 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,882 $612,935 $372,568 $240,367
2024 $7,882 $600,917 $365,263 $235,654
2023 $7,749 $589,135 $358,101 $231,034
2022 $7,274 $577,584 $351,080 $226,504
2021 $7,125 $566,260 $344,197 $222,063
2019 $7,023 $549,467 $333,989 $215,478
2018 $6,843 $538,694 $327,441 $211,253
2016 $6,290 $517,777 $314,727 $203,050
2015 $2,368 $183,824 $33,162 $150,662
2014 $2,361 $180,224 $32,513 $147,711
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15007820

California Regional Multiple Listing Service (CRMLS)

APN: 7265-020-003