NOT LISTED FOR SALE

1467 Obispo Ave Unit 2 Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $426,000 - $478,000

2 Beds
2 Baths
780 Sq Ft
$275/mo HOA Fee

Last Sold June 15, 2023

Last sale price $420,000 $538 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,125/month

5 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Granite Countertops
  • Woodrow Wilson High School Rated A
  • Traditional Architecture
  • 4-minute walk to Orizaba Park

About This Home

As of June 2023

***UPDATED*** Quaint 2nd floor 2bedroom, 2 bathroom unit with patio off living room. Remodeled unit may need some minor TLC after tenant departs. Conveniently located near Cal State Long Beach, the shops and restaurants at the LB Traffic Circle, a short bike ride to the beach and all the excitement of Belmont Shore. ***property to be sold with great and cooperative, long term tenants, as we cannot find a replacement rental. Seller will accept a 30 day or less escrow and new owner can draw up a new lease with tenants at a significantly higher rent or give tenant a 60-days notice.

Last Agent to Sell the Property

Francoise Pichon

Keller Williams Huntington Beach License #01210607 Listed on: 03/27/2023

Keller Williams Huntington Beach

Last Buyer's Agent

Delaram Dadfarnia

Compass License #01926299

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1987

Lot Details

  • 6,081

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Covered Parking
  • Auto Driveway Gate
  • Off-Street Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Composition Roof
  • Common Roof

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Sliding Doors
  • City Lights Views
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61683
  • Assessor Parcel Number 7259026031
  • $226 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • Val Vista HOA, Phone Number (562) 577-3099

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,554

Year Built

Built in 1987

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Val Vista
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7259026031
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 780.00 Square Feet
  • Interior Amenities: Balcony, Bar, Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 538.46
  • Room Type: Galley Kitchen
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: City Lights
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure, Off Street, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Val Vista HOA
  • Phone: 5625773099
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights, Urban
  • Association Management: Val Vista Hoa

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6081.00
  • Lot Size Acres: 0.1396

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6081.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Census Tract: 5751.03
  • Tax Lot: 1
  • Tax Tract Number: 61683
  • TaxOtherAnnualAssessmentAmount: 226.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 19, 2023
Sold by
Ogunkua Olusegun O and Ogunkua Roseline
Bought by
Mohammadi Alireza
Seller's Agent
Francoise Pichon
Keller Williams Huntington Beach
Buyer's Agent
Delaram Dadfarnia
Compass
List Price
$389,900
Sold Price
$420,000
Premium/Discount to List
$30,100
7.72%
Views
290
Current Estimated Value
$452,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,033
Avg. Annual Appreciation
4.05%
Original Mortgage
$378,000
Outstanding Balance
$368,293
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$91,320

Purchase Details

Closed on
Sep 7, 2011
Sold by
Westland Timothy and Westland Marcy
Bought by
Ogunkua Olusegun O and Ogunkua Roseline

Purchase Details

Closed on
Jul 30, 2009
Sold by
Lasalle Bank National Association
Bought by
Westland Timothy

Purchase Details

Closed on
Sep 30, 2008
Sold by
Terrell Tonda
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Nov 13, 2006
Sold by
Val Vista Obispo Llc
Bought by
Terrell Tonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Mohammadi Alireza $420,000 Wfg National Title
Ogunkua Olusegun O $143,500 North American Title Company
Westland Timothy $127,000 Lsi Title Fnds Division
Lasalle Bank Na $231,685 Accommodation
Terrell Tonda $335,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammadi Alireza $378,000
Previous Owner Terrell Tonda $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $420,000 +7.7% $538 / Sq Ft
05/12/2023 05/12/23 For Sale $389,900 -7.2% $500 / Sq Ft
05/10/2023 05/10/23 Off Market $420,000 -- --
04/21/2023 04/21/23 For Sale $389,900 -7.2% $500 / Sq Ft
04/11/2023 04/11/23 Off Market $420,000 -- --
04/01/2023 04/01/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $389,900 -- $500 / 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 $5,554 $436,968 $187,272 $249,696
2024 $5,554 $428,400 $183,600 $244,800
2023 $2,389 $173,234 $84,505 $88,729
2022 $2,246 $169,839 $82,849 $86,990
2021 $2,197 $166,510 $81,225 $85,285
2019 $2,165 $161,573 $78,817 $82,756
2018 $2,108 $158,406 $77,272 $81,134
2016 $1,940 $152,257 $74,272 $77,985
2015 $1,865 $149,971 $73,157 $76,814
2014 $1,857 $147,034 $71,724 $75,310
Source: Public Records

Agents Affiliated with this Home

  • Francoise Pichon

    Seller's Agent in 2023

    Francoise Pichon

    Keller Williams Huntington Beach

    (562) 244-1744

    1 in this area

    8 Total Sales

    Francoise Pichon
    Section Image

  • D

    Buyer's Agent in 2023

    Delaram Dadfarnia

    Compass

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23050192

California Regional Multiple Listing Service (CRMLS)

APN: 7259-026-031

California Los Angeles County Long Beach 90804 Zaferia

1467 Obispo Ave Unit 2, Long Beach, CA

This home is located at 1467 Obispo Ave Unit 2, Long Beach, CA 90804 since 27 March 2023 and is currently estimated at $452,033, approximately $579 per square foot. This property was built in 1987. 1467 Obispo Ave Unit 2 is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Maple Village Waldorf 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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