NOT LISTED FOR SALE

1452 Lewis Ave Long Beach, CA 90813

Central Neighborhood

Estimated Value: $732,591 - $813,000

4 Beds
3 Baths
1,569 Sq Ft
$495/Sq Ft Est. Value

Last Sold February 07, 2013

Last sale price $272,500 $174 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $4,579/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Long Beach Polytechnic High School Rated A
  • No Heating

About This Home

As of February 2013

***CASH OR HARD MONEY ONLY.*** Located in Long Beach's 'Little Cambodia', this one is RED HOT. The property consists of the following: 2+1, 1+1, with a permitted studio! Property shows on title as 2 units, however the studio is permitted and the property has three seperate meters along with three seperate mailing addresses. Central location near Long Beach Poly High and skate park. Due to condition of units the property will not qualify for conventional financing. The upside on this property is enormous, however it will require work. This one will move fast. Serious buyers only, offers below list price will not be entertained.

Last Agent to Sell the Property

Roger Beltran

Century 21 Allstars License #01430687 Listed on: 12/28/2012

Century 21 Allstars

Last Buyer's Agent

Stephen Demos

Coldwell Banker Realty License #01201132

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1923

Lot Details

  • 6,195

Parking

  • 4 Parking Spaces

Home Design

  • 1,569 Sq Ft Home
  • Traditional Architecture
  • Stucco

Additional Features

  • 6,195 Sq Ft Lot
  • No Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Tax Tract Number 5020
  • Assessor Parcel Number 7268021020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7268021020
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 173.68

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6195.00
  • Lot Size Acres: 0.1420

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Area: 5500
  • Tax Block: 2
  • Tax Lot: 7
  • Tax Tract Number: 5020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jan 8, 2013
Sold by
The Desai Holding Company Llc
Bought by
Ggb Partners One Lp
Seller's Agent
Roger Beltran
Century 21 Allstars
Buyer's Agent
Stephen Demos
Coldwell Banker Realty
List Price
$245,000
Sold Price
$272,500
Premium/Discount to List
$27,500
11.22%
Current Estimated Value
$770,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,083
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Nov 7, 2012
Sold by
Samuel Viola E
Bought by
The Desai Holding Group Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ggb Partners One Lp $272,500 Pacific Coast Title Company
The Desai Holding Group Llc $191,000 Ticor Title Co
Samuel Viola E -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ggb Partners One Lp $2,200,000
Closed Ggb Partners One Lp $2,400,000
Closed Ggb Partners One Lp $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2013 02/07/13 Sold $272,500 +11.2% $174 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $245,000 -- $156 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,560 $335,551 $221,651 $113,900
2024 $4,560 $328,972 $217,305 $111,667
2023 $4,482 $322,523 $213,045 $109,478
2022 $4,217 $316,200 $208,868 $107,332
2021 $4,126 $310,001 $204,773 $105,228
2020 $4,116 $306,824 $202,674 $104,150
2019 $4,068 $300,808 $198,700 $102,108
2018 $3,901 $294,910 $194,804 $100,106
2016 $3,587 $283,461 $187,241 $96,220
2015 $3,447 $279,204 $184,429 $94,775
2014 $3,432 $273,736 $180,817 $92,919
Source: Public Records

Agents Affiliated with this Home

  • Roger Beltran

    Seller's Agent in 2013

    Roger Beltran

    Century 21 Allstars

    (562) 477-4527

    1 in this area

    48 Total Sales

    Section Image
  • Stephen Demos

    Buyer's Agent in 2013

    Stephen Demos

    Coldwell Banker Realty

    (714) 504-0044

    34 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1206476

California Regional Multiple Listing Service (CRMLS)

APN: 7268-021-020

California Los Angeles County Long Beach 90813 Central

1452 Lewis Ave, Long Beach, CA

This home is located at 1452 Lewis Ave, Long Beach, CA 90813 since 28 December 2012 and is currently estimated at $776,148, approximately $494 per square foot. This property was built in 1923. 1452 Lewis Ave is a home located in Los Angeles County with nearby schools including Whittier Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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