NOT LISTED FOR SALE

Estimated Value: $5,620,628

2 Beds
2 Baths
840 Sq Ft
$6,691/Sq Ft Est. Value

Highlights

  • Newly Remodeled
  • 3-minute walk to Pacific Station
  • Modern Architecture
  • Long Beach Polytechnic High School Rated A
  • Property is near public transit
  • No HOA

About This Home

As of January 2017

NEVER LIVED IN UNIT! NEW CONSTRUCTION. Just Beautiful, Bright, Loft Style, Innovative Open Floor plan Apartments (10 units available). Impeccable wood floors, high end efficient new appliances, Very Easy to Clean Quartz Countertops, Upscale Bathrooms, Individual Balconies, Secured Covered Parking, Washer and Dryer Hookups and much more. Amazing location on 6th and Pine Ave with Walking Distance to International Food Restaurants, Theaters, Fun Shops and other Fabulous Entertainment spots such as the Laugh Factory, The Aquarium of the Pacific and Shoreline.

Last Agent to Rent the Property

Mike Dunfee

Engel & Völkers Long Beach License #01191497 Listed on: 11/29/2016

Engel & Völkers Long Beach

Last Renter's Agent

Mike Dunfee

Engel & Völkers Long Beach License #01191497 Listed on: 11/29/2016

Engel & Völkers Long Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $72,036

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Modern Architecture
  • Apartment

Interior Spaces

  • 840 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,250
  • Rent includes sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/13/16
  • Assessor Parcel Number 7273024020

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed
  • Pet Deposit $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$72,036

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2016-12-13
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2250
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Security System
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBPD30
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7273024020
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 840.00 Square Feet
  • Interior Amenities: Intercom
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.62
  • Room Type: Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7501.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5759.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Us Hung Wui Investments Inc
Bought by
Warm Spring Flowers Coming Llc
Current Estimated Value
$5,620,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,980,000
Outstanding Balance
$1,910,967
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,709,661

Purchase Details

Listed on
Nov 29, 2016
Closed on
Feb 2, 2017
Sold by
Racaa Investments Llc
Bought by
U S Hung Wui Investments Inc
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Mike Dunfee
Engel & Völkers Long Beach
Sold Price
$2,200

Purchase Details

Closed on
Aug 22, 2013
Sold by
137 Wesix Llc
Bought by
Racaa Investments Llc

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
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 6, 2007
Sold by
Allright Corp
Bought by
Cpc Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,190,400
Interest Rate
6.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warm Spring Flowers Coming Llc $5,200,000 New Title Company Name
U S Hung Wui Investments Inc $4,850,000 Lawyers Title
Racaa Investments Llc -- Chicago Title Company
Cpc Realty Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warm Spring Flowers Coming Llc $2,980,000
Previous Owner Racaa Investments Llc $375,000
Previous Owner Cpc Realty Llc $310,190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2017 01/26/17 Rented $2,200 0.0% --
11/29/2016 11/29/16 For Rent $2,200 -- --
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 $72,036 $5,518,281 $997,535 $4,520,746
2024 $72,036 $5,410,080 $977,976 $4,432,104
2023 $70,782 $5,304,000 $958,800 $4,345,200
2022 $66,454 $5,200,000 $940,000 $4,260,000
2021 $66,025 $5,234,187 $964,981 $4,269,206
2019 $64,633 $5,045,940 $936,360 $4,109,580
2018 $63,075 $4,947,000 $918,000 $4,029,000
2016 $6,960 $517,765 $515,696 $2,069
2015 $6,605 $509,988 $507,950 $2,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16758880

California Regional Multiple Listing Service (CRMLS)

APN: 7273-024-020