Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
51 Total Sales
1 in Central
$570,000 Price
1403 Olive Ave Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,332,000 - $1,636,573
10
Beds
7
Baths
6,022
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Built-In Features
- Central Heating and Cooling System
- Long Beach Polytechnic High School Rated A
- Living Room
- 4-minute walk to Peace Park
About This Home
As of November 2021This is a wonderful investment property. Currently the owner lives in the largest unit (3 bed, 3 bath and 2130 sq feet). The other 3 units are rented. All tenants are current on rent. 4 units total, 3 garage spaces. Located in Long Beach, ideally close to the beach, Poly High School, LBCC, downtown LB and public transport. This property is full of potential!
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles License #01941438 Listed on: 09/08/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 6,532 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 3 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 6,022 Sq Ft Home
- Built-In Features
- Family Room with Fireplace
- Living Room
- Laundry in unit
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 8 / B
- Tax Tract Number 5523
- Assessor Parcel Number 7268011017
- $993 per year additional tax assessments
Community Details
Overview
- 4 Units
- Poly High Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $840
- Insurance Expense $1,100
- Professional Management Expense $2,844
- Trash Expense $800
- Water Sewer Expense $180
- Operating Expense $1,940
- Net Operating Income $5,744
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
Jun 12, 2015
Sold by
Chaney Maxine and The Chaney Family Trust
Bought by
Current Estimated Value
Purchase Details
Closed on
Jun 5, 2013
Sold by
Chaney Maxine
Bought by
Chaney Maxine and The Chaney Family Trust
Purchase Details
Closed on
Apr 16, 2007
Sold by
Chaney Maxine
Bought by
Chaney Maxine and The Chaney Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2007
Sold by
Chaney Maxine and The Chaney Family Trust
Bought by
Chaney Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2003
Sold by
Chaney Joe and Chaney Maxine
Bought by
Chaney Joe and Chaney Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 27, 2001
Sold by
Chaney Joe and Chaney Maxine
Bought by
Chaney Joe and Chaney Maxine
Purchase Details
Closed on
Jan 25, 2001
Sold by
Family Trust Chaney Joe And Maxine Trs Chaney
Bought by
Chaney Joe and Chaney Maxine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.98%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central, CA
-
Joshua Coburn
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Central
$445,000 Price
-
Gaurav Datta
Gaurav Datta
Y Realty
(562) 850-1338
2 Total Sales
1 in Central
$1,090,000 Price
-
Jane Castillo
Jane Castillo
Keller Williams Realty
(424) 283-4769
21 Total Sales
1 in Central
$420,000 Price
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
24 Total Sales
2 in Central
$645,000 Price Range
-
Noemy Arellano
Noemy Arellano
Vida Realty
(657) 216-9210
73 Total Sales
2 in Central
$950,000 Price Range
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 Available | ||
| Chaney Maxine | -- | None Available | |
| Chaney Maxine | -- | None Available | |
| Chaney Maxine | -- | None Available | |
| Chaney Maxine | -- | Fidelity Long Beach | |
| Chaney Joe | -- | -- | |
| Chaney Joe | -- | Alliance Title Company | |
| Chaney Joe | -- | -- | |
| Chaney Joe | -- | American Coast 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 |
|---|---|---|---|
| Closed | $730,000 | ||
| Closed | Chaney Joe | $322,700 | |
| Closed | Chaney Joe | $255,000 |
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 |
|---|---|---|---|---|
| 11/10/2021 11/10/21 | Sold | $1,425,000 | +6.3% | $237 / Sq Ft |
| 09/16/2021 09/16/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $1,340,000 | -- | $223 / 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 | $20,405 | $1,542,463 | $649,458 | $893,005 |
| 2025 | $20,405 | $1,512,220 | $636,724 | $875,496 |
| 2024 | $19,503 | $1,482,570 | $624,240 | $858,330 |
| 2023 | $19,180 | $1,453,500 | $612,000 | $841,500 |
| 2022 | $18,011 | $1,425,000 | $600,000 | $825,000 |
| 2021 | $2,168 | $98,148 | $24,729 | $73,419 |
| 2020 | $2,159 | $97,143 | $24,476 | $72,667 |
| 2019 | $2,138 | $95,240 | $23,997 | $71,243 |
| 2018 | $1,963 | $93,374 | $23,527 | $69,847 |
| 2017 | $55 | $91,544 | $23,066 | $68,478 |
| 2016 | $1,769 | $89,750 | $22,614 | $67,136 |
| 2015 | $1,718 | $88,403 | $22,275 | $66,128 |
| 2014 | -- | $86,672 | $21,839 | $64,833 |
Source: Public Records
Agents Affiliated with this Home
-
Costanza Genoese Zerbi
Seller's Agent in 2021
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
1 in this area
280 Total Sales
-
Jack Tanner
Buyer's Agent in 2021
Jack Tanner
Beach Cities Properties, Inc.
(714) 209-5225
2 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21198429
APN: 7268-011-017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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