Tyler Rogina
Compass
(424) 417-6460
122 Total Sales
1 in Washington School
$505,000 Price
1431 Locust Ave Long Beach, CA 90813
Washington School Neighborhood
11
Beds
10
Baths
7,424
Sq Ft
7,448
Sq Ft Lot
Highlights
- Open Floorplan
- Contemporary Architecture
- Neighborhood Views
- Long Beach Polytechnic High School Rated A
- No HOA
- 5-minute walk to 14th Street Park
About This Home
As of November 2014Solid as a Rock for the alert investor! Comfortable stylish located in the Central Long Beach Redevelopment Project. All units are fully rented, has a great cash flow, and appreciation with upside potential. Building offers common laundry room for additional income, Some units have been completely renovated, Courtyard for picnics and entertaining, each unit has a separate gas and electric meters, and the lot is low maintenance requires very little landscape work. Units are gated, property has an enormous amount of potential, does a little and saves a lot. Property needs some tender loving, but could be tremendous with the right touches. Subject is convenient to freeway access, shopping centers, downtown, Anaheim street station, schools, amenities in the area, and just minutes from the beach. The price is startling, waiting for you to be the proud owner, in prime rental area.
Last Agent to Sell the Property
Coldwell Banker Envision License #01353688 Listed on: 04/18/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,448 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Stucco Fence
- Fence is in average condition
- Density is 11-15 Units/Acre
Parking
- 6 Car Garage
- Parking Available
- Single Garage Door
- Assigned Parking
Home Design
- Contemporary Architecture
- Property Attached
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Flat Roof Shape
- Raised Foundation
- Shingle Roof
- Wood Siding
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 7,424 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Window Screens
- Living Room
- Neighborhood Views
Kitchen
- Gas Cooktop
- Tile Countertops
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 10 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Accessible Home Design
- Entry Slope Less Than 1 Foot
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
- Sewer Paid
- TV Antenna
Listing and Financial Details
- Tenant pays for electricity, gas, HVAC maintenance
- Tax Lot 6
- Tax Tract Number 5754
- Assessor Parcel Number 7269013028
Community Details
Overview
- No Home Owners Association
- 11 Units
Amenities
- Laundry Facilities
Building Details
- 11 Leased Units
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $900
- Gardener Expense $240
- Insurance Expense $1,933
- Maintenance Expense $6,200
- Pest Control $660
- Trash Expense $1,600
- Water Sewer Expense $3,500
- New Taxes Expense $12,500
- Gross Income $9,050
- Net Operating Income $73,337
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
Listed on
Apr 18, 2014
Closed on
Sep 23, 2014
Sold by
Vo Dexter
Bought by
Seller's Agent
Ramona Bleick
Coldwell Banker Envision
Buyer's Agent
William Shelton
Coldwell Banker Envision
List Price
$1,130,000
Sold Price
$1,130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,000
Interest Rate
4.1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 17, 2007
Sold by
Weiner Bryan E
Bought by
Vo Dexter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
6.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 1998
Sold by
Family Trust Lopez Joe T And Catherine M Trs
Bought by
Weiner Bryan E
Purchase Details
Closed on
Jul 16, 1996
Sold by
Lopez Joe T
Bought by
Lopez Joe T and Lopez Catherine M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington School, CA
-
Tyler Rogina
-
Teriann McKenna
Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Washington School
$253,000 Price
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
149 Total Sales
1 in Washington School
$663,000 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
142 Total Sales
2 in Washington School
$275K - $283K Price Range
-
Melissa Barlow
Melissa Barlow
Responds QuicklyElite Representation Real Estate
(424) 704-9071
43 Total Sales
1 in Washington School
$1,150,000 Price
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Washington School
$610,000 Price
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 |
|---|---|---|---|
| $1,130,000 | First American Title | ||
| Vo Dexter | -- | First American Title Ins Co | |
| Weiner Bryan E | $265,000 | Fidelity National Title Co | |
| Lopez Joe T | -- | -- |
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 |
|---|---|---|---|
| Open | $1,343,000 | ||
| Previous Owner | Com1 Investments Llc | $791,000 | |
| Previous Owner | Vo Dexter | $742,000 | |
| Previous Owner | Weiner Bryan E | $415,000 |
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 |
|---|---|---|---|---|
| 11/18/2014 11/18/14 | Sold | $1,130,000 | 0.0% | $152 / Sq Ft |
| 09/18/2014 09/18/14 | Pending | -- | -- | -- |
| 10/25/2013 10/25/13 | For Sale | $1,130,000 | -- | $152 / 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 | $19,496 | $1,385,243 | $367,762 | $1,017,481 |
| 2025 | $19,496 | $1,358,082 | $360,551 | $997,531 |
| 2024 | $18,609 | $1,331,454 | $353,482 | $977,972 |
| 2023 | $18,279 | $1,305,348 | $346,551 | $958,797 |
| 2022 | $17,187 | $1,279,754 | $339,756 | $939,998 |
| 2021 | $16,798 | $1,254,662 | $333,095 | $921,567 |
| 2019 | $16,557 | $1,218,150 | $323,216 | $894,934 |
| 2018 | $16,082 | $1,194,279 | $316,879 | $877,400 |
| 2016 | $14,786 | $1,147,232 | $304,575 | $842,657 |
| 2015 | $14,214 | $1,130,000 | $300,000 | $830,000 |
| 2014 | $15,331 | $1,210,799 | $787,556 | $423,243 |
Source: Public Records
Agents Affiliated with this Home
-
Ramona Bleick
Seller's Agent in 2014
Ramona Bleick
Coldwell Banker Envision
(562) 400-2848
22 Total Sales
-
William Shelton
Buyer's Agent in 2014
William Shelton
Coldwell Banker Envision
(562) 841-5038
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13220428
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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