Seller's Agent in 2018
Justin White
Justin White
(714) 231-2537
46 Total Sales
1442 Gardenia Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $851,000 - $995,000
6
Beds
5
Baths
3,551
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- 12,139 Sq Ft lot
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of April 2018Two Separate parcels! Built in exit strategy - Sell them as two separate properties
1442 Gardenia - 7261-017-015 - 4 units built in 1923 (3) 1+1, (1) 0+1
1446 Gardenia - 7261-017-014 - 3 units built in 1938 (2) 2+1, (1) 0+1
Total land area is over 12,000 sf with (5) paved surface spots. Lots of open space will allow for additional income from +/- 10 additional parking spaces for others
Under Market Rents - Most units offer all tile flooring. Master metered for Electric and Gas
The complex is situated near the intersection of Anaheim Street and Cherry Avenue, just northeast of Downtown Long Beach. The location offers easy access to central Downtown Long Beach, Port areas, San Pedro, Signal Hill and 405 freeway. Ample grocery, restaurant and other retail establishments are located within a short distance to the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,753
Year Built
- Built in 1948
Lot Details
- 0.28 Acre Lot
- No Common Walls
- Density is 6-10 Units/Acre
- 7261017014
Parking
- 11 Open Parking Spaces
- 1 Car Garage
Home Design
- 3,551 Sq Ft Home
- Composition Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 5752
- Assessor Parcel Number 7261017015
Community Details
Overview
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $7,092
- Fuel Expense $1,900
- Insurance Expense $2,176
- Maintenance Expense $4,900
- Other Expense $1,400
- Pest Control $600
- Professional Management Expense $3,931
- Trash Expense $1,996
- Water Sewer Expense $3,096
- New Taxes Expense $12,600
- Operating Expense $39,681
- Gross Income $76,265
- Net Operating Income $36,584
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2019
Sold by
Sindell Mile
Bought by
Keo Bengvath and Chau Domaneth
Current Estimated Value
Purchase Details
Closed on
Jan 30, 2009
Sold by
Aurora Loan Services Llc
Bought by
Ferrario Jeffery Steven and Ferrario Jennifer Lynn
Purchase Details
Closed on
Mar 25, 2008
Sold by
Hernandez Leticia and Hernandez Guillermo
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Nov 15, 2006
Sold by
Hernandez Leticia and Hernandez Guillermo
Bought by
Hernandez Guillermo and Hernandez Leticia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
7.99%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 10, 2006
Sold by
Bral Peyman
Bought by
Hernandez Guillermo and Hernandez Leticia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 26, 2005
Sold by
Adler Florence and The Adler Family Trust
Bought by
Bral Peyman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2005
Sold by
Manavi Shabnam
Bought by
Bral Peyman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 1995
Sold by
Adler Bennie and Adler Florence S
Bought by
Adler Bennie and Adler Florence
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 |
|---|---|---|---|
| Keo Bengvath | $1,325,000 | Chicago Title | |
| Sindell Milo | -- | Chicago Title | |
| Ferrario Jeffery Steven | $230,000 | Fidelity National Title Co | |
| Aurora Loan Services Llc | $615,135 | Accommodation | |
| Hernandez Guillermo | -- | New Century Title Company | |
| Hernandez Guillermo | $540,000 | Old Republic | |
| Bral Peyman | $400,000 | Orange Coast Title | |
| Bral Peyman | -- | Orange Coast Title | |
| Adler Bennie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ferrario Jeffery Steven | $300,000 | |
| Previous Owner | Hernandez Guillermo | $572,000 | |
| Previous Owner | Hernandez Guillermo | $458,500 | |
| Previous Owner | Hernandez Guillermo | $486,000 | |
| Previous Owner | Bral Peyman | $368,000 | |
| Previous Owner | Bral Peyman | $280,000 | |
| Closed | Bral Peyman | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2018 04/06/18 | Sold | $1,065,000 | +3.9% | $300 / Sq Ft |
| 02/28/2018 02/28/18 | Pending | -- | -- | -- |
| 02/12/2018 02/12/18 | For Sale | $1,025,000 | 0.0% | $289 / Sq Ft |
| 02/06/2018 02/06/18 | Price Changed | $1,025,000 | -2.4% | $289 / Sq Ft |
| 02/02/2018 02/02/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $1,050,000 | -- | $296 / 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 | $10,753 | $808,747 | $501,981 | $306,766 |
| 2024 | $10,753 | $792,890 | $492,139 | $300,751 |
| 2023 | $10,449 | $777,344 | $482,490 | $294,854 |
| 2022 | $9,815 | $762,103 | $473,030 | $289,073 |
| 2021 | $9,616 | $747,160 | $463,755 | $283,405 |
| 2020 | $9,592 | $739,760 | $459,000 | $280,760 |
| 2019 | $7,989 | $602,060 | $331,500 | $270,560 |
| 2018 | $3,739 | $260,559 | $169,761 | $90,798 |
| 2016 | $3,447 | $250,193 | $163,170 | $87,023 |
| 2015 | $3,319 | $246,436 | $160,720 | $85,716 |
| 2014 | $3,318 | $241,609 | $157,572 | $84,037 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Shawn Mohler
The Mohler Real Estate Group
(562) 505-7953
1 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18021696
APN: 7261-017-015
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