W
Seller's Agent in 2022
William Smith
Bryant Drive Properties, Inc.
(562) 607-8580
1 in this area
7 Total Sales
1372 Cherry Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $668,000 - $1,624,000
6
Beds
4
Baths
2,600
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- New Construction
- Double Pane Windows
- Tile Flooring
- Woodrow Wilson High School Rated A
- Tankless Water Heater
- Central Heating
About This Home
As of March 2022ACCEPTING BACKUP OFFERS. 4 plex located in the heart of Long Beach - close to LBCC (PCH Campus) and LB Poly. Front duplex was built in 2021 from the ground up. The brand new front duplex has two 800 s.f, 2 bedroom - 1 bath units (one upstairs and one downstairs) with 9' ceilings and all the amenties you would expect from new constuction - grey shaker cabinets, new SS appliances (gas stove, over-the-range microwave, dishwasher and garbage disposal, celing fans in both bedrooms and family rooms, double paned / energy efficient windows, laminate flooring, beatifully tiled bathrooms, with large cubbies to store shampoo and other items, large medicine cabinets, and mirroed closet doors. The first floor unit features a private storage area under the stairs plus an enclosed backyard (approx. 22' wide and 8' deep. The upstairs unit features a back balcony. Tankless water heaters serve the front building. New 200 amp meters. Front duplex is 100% separately metered for water, gas, trash and sewer) There will be 1-2 surface spots in front. The existing rear duplex was built in 1955 and features 3 single car garages with two 500s.f 1 bedroom - 1 bath units above. Both are in original condition, just waiting to be updated. The rear duplex is not separately metered but water and electricity are miminal (less than $100/mo). The grounds have been fully landscaped and provide an idyllic setting for the tenants to enjoy. Currely the front upstairs unit is vacant, but will be actively marketed for $1950 + parking ($150 for a 1 car garage). The front apartment comes with a 1 year warranty for workmanship.
Last Agent to Sell the Property
Bryant Drive Properties, Inc. License #01431853 Listed on: 11/02/2021
Last Buyer's Agent
Kevin Jones
CURB® - 100% Commission Broker License #01867022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2021 | New Construction
Lot Details
- 5,148 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Chain Link Fence
- Density is 2-5 Units/Acre
- On-Hand Building Permits
Parking
- 2 Open Parking Spaces
- 3 Car Garage
Home Design
- Property Attached
- Additions or Alterations
- Slab Foundation
- Fire Rated Drywall
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Home Security
- Security Lights
- Fire and Smoke Detector
Location
- Urban Location
Utilities
- Central Heating
- Tankless Water Heater
Listing and Financial Details
- Tenant pays for electricity, sewer, trash collection, water
- Tax Lot 3
- Tax Tract Number 2900
- Assessor Parcel Number 7261023004
- $1 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $600
- Insurance Expense $1,500
- Water Sewer Expense $600
- New Taxes Expense $16,250
- Operating Expense $18,950
- Gross Income $78,300
- Net Operating Income $59,350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2020
Sold by
Sanchez Edward Meza
Bought by
Bdp Real Estate Fund 2 Llc
Current Estimated Value
Purchase Details
Closed on
Sep 23, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Sanchez Edward Meza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.6%
Purchase Details
Closed on
May 5, 1998
Sold by
Stevens Darryl L
Bought by
Home Svgs Of America Fsb
Purchase Details
Closed on
Sep 13, 1995
Sold by
Stevens Darryl L
Bought by
Robbins Dane
Purchase Details
Closed on
Dec 21, 1994
Sold by
Robbins Dane
Bought by
Stevens Darryl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.37%
Purchase Details
Closed on
May 5, 1994
Sold by
T D Service Company
Bought by
Highland Federal Bank and Highland Fsla
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bdp Real Estate Fund 2 Llc | $566,500 | Fidelity National Title Co | |
| Sanchez Edward Meza | $90,000 | Investors Title Company | |
| Home Svgs Of America Fsb | $85,500 | -- | |
| Robbins Dane | -- | First American Title Co | |
| Stevens Darryl L | $112,000 | First American Title Co | |
| Highland Federal Bank | $196,609 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sanchez Edward Meza | $67,500 | |
| Previous Owner | Stevens Darryl L | $89,600 | |
| Closed | Stevens Darryl L | $11,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2022 03/14/22 | Sold | $1,295,000 | 0.0% | $498 / Sq Ft |
| 11/02/2021 11/02/21 | For Sale | $1,295,000 | -- | $498 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,307 | $1,374,263 | $742,845 | $631,418 |
| 2024 | $17,307 | $1,347,318 | $728,280 | $619,038 |
| 2023 | $17,017 | $1,320,900 | $714,000 | $606,900 |
| 2022 | $7,506 | $583,814 | $480,758 | $103,056 |
| 2021 | $7,358 | $572,368 | $471,332 | $101,036 |
| 2020 | $1,983 | $129,455 | $85,999 | $43,456 |
| 2019 | $1,961 | $126,926 | $84,313 | $42,613 |
| 2018 | $1,804 | $124,447 | $82,660 | $41,787 |
| 2016 | $1,664 | $119,174 | $79,451 | $39,723 |
| 2015 | $1,602 | $117,385 | $78,258 | $39,127 |
| 2014 | $1,604 | $115,087 | $76,726 | $38,361 |
Source: Public Records
Agents Affiliated with this Home
-
William Smith
-
K
Buyer's Agent in 2022
Kevin Jones
CURB® - 100% Commission Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21240210
APN: 7261-023-004
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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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