Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
1 in Dairy
$379,000 Price
144 E 57th St Long Beach, CA 90805
Dairy NeighborhoodEstimated Value: $2,070,000 - $2,225,824
14
Beds
8
Baths
6,761
Sq Ft
$318/Sq Ft
Est. Value
Highlights
- 0.46 Acre Lot
- No HOA
- 3 Car Garage
- Private Yard
- Landscaped
- 3-minute walk to Pressburg Parkway
About This Home
As of August 2015I am proud to offer a well-maintained 9 unit apartment building located at 144 E. 57th Street. The property is one block South of South Street and two blocks East of Long Beach Blvd. in a low density pocket of mostly single family residential homes in the city of Long Beach. Built in 1972, the wood frame, painted stucco building offers 6761 rentable square feet and is situated on a 19,942 square foot lot. The property incorporates three separate apartment buildings and offers a unit mix of 2 one bedroom/one bathroom, and 7 two bedroom/one bathroom units. For the conveyance of the tenants multiple open parking spaces are available, and three enclosed garages are available to rent. Each unit is separately metered for gas and electricity and on site laundry is provided for the tenant’s conveyance.
144 E. 57th Street is a rare opportunity to purchase three separate apartment complexes on an extremely large lot. With a stable return on current numbers and true upside in rents for a more aggressive management style the added potential rental income, this value-add opportunity is a perfect addition to any investor’s portfolio
Last Agent to Sell the Property
Ryan Rayburn
Marcus & Millichap License #01496522 Listed on: 04/01/2015
Last Buyer's Agent
Ryan Rayburn
Marcus & Millichap License #01496522 Listed on: 04/01/2015
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 19,942 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Private Yard
- Lawn
- Back Yard
Parking
- 3 Car Garage
- Parking Available
- Driveway
- Unassigned Parking
Home Design
- 6,761 Sq Ft Home
- Property Attached
- Shingle Roof
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 4-10 / 22
- Tax Tract Number 5992
- Assessor Parcel Number 7126011028
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 9 Units
Building Details
- 9 Leased Units
- 10 Separate Electric Meters
- 9 Separate Gas Meters
- 9 Separate Water Meters
- Insurance Expense $2,366
- Maintenance Expense $8,995
- Other Expense $2,021
- Professional Management Expense $7,088
- Water Sewer Expense $6,783
- New Taxes Expense $14,625
- Gross Income $9,609
- Net Operating Income $67,665
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 9, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 1, 2015
Closed on
Jul 9, 2015
Sold by
Bought by
Seller's Agent
Ryan Rayburn
Marcus & Millichap
Buyer's Agent
Ryan Rayburn
Marcus & Millichap
List Price
$1,300,000
Sold Price
$1,260,000
Premium/Discount to List
-$40,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$945,000
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 17, 2007
Sold by
Bought by
Purchase Details
Closed on
Mar 5, 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
$326,250
Interest Rate
8.12%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 30, 1999
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 1994
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Dairy, CA
-
Dave Shorter
-
Bill Caiazzo
Bill Caiazzo
Responds QuicklyHomeSmart, Evergreen Realty
(657) 255-8637
111 Total Sales
1 in Dairy
$660,000 Price
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
44 Total Sales
1 in Dairy
$760,000 Price
-
Gonzalo Gomez
Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
(562) 414-5730
39 Total Sales
1 in Dairy
$535,000 Price
-
James McCormick
James McCormick
Real Broker
(657) 238-1775
29 Total Sales
1 in Dairy
$351,000 Price
-
Gregory Jewett
Gregory Jewett
Lightning Real Estate
(818) 418-8546
41 Total Sales
1 in Dairy
$724,000 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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,260,000 | Ticor Title Company Of Ca | ||
| -- | None Available | ||
| $435,000 | Commonwealth Land Title | ||
| $32,000 | -- | ||
| -- | -- | ||
| $144,109 | Chicago 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 | $1,309,000 | ||
| Previous Owner | $945,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $450,000 | ||
| Previous Owner | $326,250 |
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 |
|---|---|---|---|---|
| 08/04/2015 08/04/15 | Sold | $1,260,000 | -3.1% | $186 / Sq Ft |
| 05/27/2015 05/27/15 | Pending | -- | -- | -- |
| 04/01/2015 04/01/15 | For Sale | $1,300,000 | -- | $192 / 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 | $28,284 | $2,050,000 | $1,000,000 | $1,050,000 |
| 2024 | $20,285 | $1,462,333 | $580,291 | $882,042 |
| 2023 | $19,940 | $1,433,661 | $568,913 | $864,748 |
| 2022 | $18,758 | $1,405,551 | $557,758 | $847,793 |
| 2021 | $18,358 | $1,377,992 | $546,822 | $831,170 |
| 2020 | $18,310 | $1,363,864 | $541,216 | $822,648 |
| 2019 | $18,100 | $1,337,122 | $530,604 | $806,518 |
| 2018 | $17,358 | $1,310,904 | $520,200 | $790,704 |
| 2016 | $15,967 | $1,260,000 | $500,000 | $760,000 |
| 2015 | $7,518 | $545,382 | $294,632 | $250,750 |
| 2014 | $7,520 | $534,700 | $288,861 | $245,839 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2015
Ryan Rayburn
Marcus & Millichap
-
Kirby Larson
Buyer Co-Listing Agent in 2015
Kirby Larson
RE/MAX
(310) 897-2257
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15068030
APN: 7126-011-028
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
- 5529 Dairy Ave
- 101 E 56th St
- 246 E Hullett St
- 180 E 55th St
- 350 E South St
- 341 E Ellis St
- 152 E Louise St
- 5512 Long Beach Blvd
- 34 E Louise St
- 318 E Market St
- 473 E 55th St
- 17 E Plymouth St Unit B
- 174 E Plymouth St
- 489 E 55th St
- 5816 Linden Ave Unit 2
- 5718 Linden Ave
- 46 E Plymouth St
- 5804 Linden Ave Unit 4
- 5812 Linden Ave Unit 2
- 5876 Linden Ave Unit 2
- 5657 Dairy Ave
- 5659 Dairy Ave
- 5645 Dairy Ave
- 193 E Norton St
- 160 E 57th St
- 160 E 57th St Unit 2
- 160 E 57th St Unit 6
- 156 E 57th St
- 191 E Norton St
- 5652 Dairy Ave
- 5642 Dairy Ave
- 5666 Dairy Ave
- 5666 Dairy Ave Unit A-D
- 5666 Dairy Ave
- 5632 Dairy Ave
- 187 E Norton St
- 5674 Dairy Ave
- 5625 Dairy Ave
- 5624 Dairy Ave
- 190 E Norton St
Your Personal Tour Guide
Ask me questions while you tour the home.