Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Washington School
$253,000 Price
1435 Chestnut Ave Long Beach, CA 90813
Washington School NeighborhoodEstimated Value: $721,000 - $787,000
4
Beds
2
Baths
1,524
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Laundry Facilities
- 2-minute walk to 14th Street Park
About This Home
As of September 2019BACK ON THE MARKET! Subject to cancelation of current escrow... RARE OPPORTUNITY DUPLEX IN LONG BEACH, incredible cashflow potential. New Windows! Just minutes from the Ocean, Queen Mary, Downtown Long Beach, the Aquarium of the Pacific, convention center, etc. This is a high demand area and a prime rental location. Units are getting updates and new paint! Both units are a spacious 2 Bed 1 Bath with great floorpans. Property also has a detached 2 car garage. This area is made up of many multiple family properties with ample street parking spaces available. There is a well maintained family friendly park directly across the street. Property has Separate Electric and Gas meters with 1 water meter.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 4,303 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- 1,524 Sq Ft Home
- Property Attached
- Shingle Roof
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Legal Lot and Block 18 / B
- Tax Tract Number 7518
- Assessor Parcel Number 7269040035
Community Details
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $600
- Water Sewer Expense $1,200
- New Taxes Expense $7,200
- Operating Expense $9,800
- Gross Income $46,800
- Net Operating Income $37,000
Additional Features
- 2 Units
- Laundry Facilities
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
Aug 28, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jul 27, 2019
Closed on
Aug 21, 2019
Sold by
Bought by
Seller's Agent
Zak Ols
Coldwell Banker Icon
Buyer's Agent
Zak Ols
Coldwell Banker Icon
List Price
$598,000
Sold Price
$570,000
Premium/Discount to List
-$28,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Purchase Details
Closed on
Jun 3, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Closed on
May 31, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 2, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 10, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,850
Interest Rate
8.9%
Purchase Details
Closed on
Dec 18, 2000
Sold by
Bought by
Purchase Details
Closed on
Oct 16, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,930
Interest Rate
6.78%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 30, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,930
Interest Rate
6.78%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington School, CA
-
Teriann McKenna
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
153 Total Sales
1 in Washington School
$663,000 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 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
20 Total Sales
1 in Washington School
$610,000 Price
-
Christine Cheng
Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
52 Total Sales
2 in Washington School
$1,097,000 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 Listed On Document | ||
| -- | None Listed On Document | ||
| $570,000 | First American Title Company | ||
| $437,500 | First American Title Company | ||
| $430,000 | First American Title Company | ||
| -- | -- | ||
| $163,500 | Ticor Title | ||
| -- | Landsafe Title | ||
| $189,620 | Landsafe Title | ||
| $180,000 | Benefit Land Title Company | ||
| $114,000 | Continental 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 |
|---|---|---|---|
| Previous Owner | $304,500 | ||
| Previous Owner | $130,500 | ||
| Previous Owner | $154,850 | ||
| Previous Owner | $177,930 | ||
| Previous Owner | $114,000 |
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 |
|---|---|---|---|---|
| 09/11/2019 09/11/19 | Sold | $570,000 | 0.0% | $374 / Sq Ft |
| 09/09/2019 09/09/19 | Off Market | $570,000 | -- | -- |
| 09/03/2019 09/03/19 | Price Changed | $589,000 | -1.5% | $386 / Sq Ft |
| 07/27/2019 07/27/19 | For Sale | $598,000 | -- | $392 / 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 |
|---|---|---|---|---|
| 2025 | $8,394 | $623,375 | $328,093 | $295,282 |
| 2024 | $8,046 | $611,153 | $321,660 | $289,493 |
| 2023 | $7,911 | $599,170 | $315,353 | $283,817 |
| 2022 | $7,428 | $587,422 | $309,170 | $278,252 |
| 2021 | $7,280 | $575,905 | $303,108 | $272,797 |
| 2020 | $7,262 | $570,000 | $300,000 | $270,000 |
| 2019 | $3,557 | $259,653 | $96,068 | $163,585 |
| 2018 | $3,403 | $254,563 | $94,185 | $160,378 |
| 2016 | $3,129 | $244,680 | $90,529 | $154,151 |
| 2015 | $3,008 | $241,006 | $89,170 | $151,836 |
| 2014 | $2,996 | $236,286 | $87,424 | $148,862 |
Source: Public Records
Agents Affiliated with this Home
-
Zak Ols
Seller's Agent in 2019
Zak Ols
Coldwell Banker Icon
(909) 720-8283
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV19153459
APN: 7269-040-035
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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