Seller's Agent in 2023
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
1 in this area
147 Total Sales
1427 E 4th St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,215,821
--
Bed
1
Bath
5,065
Sq Ft
$240/Sq Ft
Est. Value
About This Home
As of June 20231427 E 4th Street is a well-positioned mixed-use property in Long Beach. Built in 1929, the existing 5,065 SF building features (1) commercial unit downstairs and (4) studio units upstairs. The downstairs commercial space can be adapted to split between (2) tenants and features (2) large storage rooms, (2) bathrooms, (2) meeting rooms and an office. All (4) upstairs studio units are equipped with full kitchens.
With a 5.55% market cap, this property is a unique opportunity for any investor or owner-user looking to capitalize on mixed use potential and a value-add proposition in the rapidly gentrifying Long Beach Area.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 04/05/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,444
Year Built
- Built in 1929
Lot Details
- 2,951 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- 5,065 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 1 Bathroom
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 5765
- Assessor Parcel Number 7266018036
- $1,185 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,026
- Maintenance Expense $2,822
- Other Expense $4,000
- Professional Management Expense $4,704
- New Taxes Expense $16,958
- Operating Expense $31,710
- Gross Income $89,376
- Net Operating Income $57,666
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2023
Closed on
Apr 13, 2023
Sold by
Shaw Family Trust
Bought by
Home Sale Solutions Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,821
Avg. Annual Appreciation
-0.14%
Original Mortgage
$840,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2005
Sold by
Shaw Carol Ann
Bought by
Proper Shaw Carol Ann and Proper Carol Ann Shaw Separate
Purchase Details
Closed on
Mar 28, 2003
Sold by
Shaw Lawrence W
Bought by
Huneycutt Shaw Lawrence William and Huneycutt Shaw Mildred Woody
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 |
|---|---|---|---|
| Home Sale Solutions Llc | $1,200,000 | First American Title | |
| Proper Shaw Carol Ann | -- | -- | |
| Huneycutt Shaw Lawrence William | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Home Sale Solutions Llc | $883,307 | |
| Previous Owner | Home Sale Solutions Llc | $840,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $1,200,000 | -14.3% | $237 / Sq Ft |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- |
| 04/05/2023 04/05/23 | For Sale | $1,400,000 | -- | $276 / 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 | $16,444 | $1,248,480 | $416,160 | $832,320 |
| 2024 | $16,444 | $1,224,000 | $408,000 | $816,000 |
| 2023 | $4,180 | $237,205 | $86,104 | $151,101 |
| 2022 | $3,952 | $232,555 | $84,416 | $148,139 |
| 2021 | $3,828 | $227,996 | $82,761 | $145,235 |
| 2019 | $3,772 | $221,235 | $80,307 | $140,928 |
| 2018 | $3,635 | $216,898 | $78,733 | $138,165 |
| 2016 | $3,327 | $208,477 | $75,677 | $132,800 |
| 2015 | $3,215 | $205,347 | $74,541 | $130,806 |
| 2014 | $3,200 | $201,325 | $73,081 | $128,244 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
-
Woody Stahl
Seller Co-Listing Agent in 2023
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
1 in this area
153 Total Sales
-
Olga Wright
Buyer's Agent in 2023
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
1 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23054971
APN: 7266-018-036
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
Nearby Homes
- 350 Tile Ave
- 1280 E 4th St Unit 8
- 1545 E 4th St
- 533 Walnut Ave Unit 7
- 494 Almond Ave
- 1631 E 4th St
- 416 Orange Ave Unit 5
- 1633 E Erie St
- 1719 E Florida St
- 550 Orange Ave Unit 318
- 550 Orange Ave Unit 212
- 419 Rose Ave
- 1327 E Appleton St Unit 1
- 1738 E 4th St Unit 1
- 1273 E Appleton St Unit 4
- 1237 E 6th St Unit 106
- 1237 E 6th St Unit 201
- 1242 E 7th St
- 1135 E 3rd St
- 1605 E Broadway
- 1445 E 4th St
- 1445 E 4th St
- 418 Nebraska Ave
- 1415 E 4th St Unit 11
- 1415 E 4th St Unit 14
- 1415 E 4th St Unit 16
- 1415 E 4th St Unit 3
- 1415 E 4th St Unit 13
- 1415 E 4th St Unit 12
- 1415 E 4th St Unit 10
- 1415 E 4th St Unit 9
- 1415 E 4th St Unit 8
- 1415 E 4th St Unit 7
- 1415 E 4th St Unit 6
- 1415 E 4th St Unit 5
- 1415 E 4th St Unit 4
- 1415 E 4th St Unit 2
- 1415 E 4th St Unit 1
- 1440 E 4th St