R
Seller's Agent in 2016
Robert Salim
Classic Beach Properties, Inc.
1468 Cherry Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $1,681,395
4
Beds
6
Baths
6,800
Sq Ft
$247/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Laundry Room
- Woodrow Wilson High School Rated A
- No HOA
- Central Heating
About This Home
As of August 2016This home is located at 1468 Cherry Ave, Long Beach, CA 90813 since 09 August 2016 and is currently estimated at $1,681,395, approximately $247 per square foot. This property was built in 1948. 1468 Cherry Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Creative Arts School.
Last Agent to Sell the Property
Robert Salim
Classic Beach Properties, Inc. License #01003759 Listed on: 08/09/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,525
Year Built
- Built in 1948
Lot Details
- 5,998 Sq Ft Lot
- Two or More Common Walls
- Back Yard
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Property Attached
- Slab Foundation
Interior Spaces
- 6,800 Sq Ft Home
- Wood Flooring
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Rain Gutters
Utilities
- Central Heating
- Wall Furnace
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 46
- Assessor Parcel Number 7261018010
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $100
- Insurance Expense $1,500
- Trash Expense $360
- Water Sewer Expense $480
- New Taxes Expense $11,000
- Gross Income $7,160
- Net Operating Income $60,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2016
Closed on
Jul 5, 2016
Sold by
Choi Bo Mun
Bought by
Choi Keun Ho
Seller's Agent
Robert Salim
Classic Beach Properties, Inc.
Buyer's Agent
Jun Chang
New Star Realty & Investment
List Price
$999,000
Sold Price
$926,000
Premium/Discount to List
-$73,000
-7.31%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,395
Avg. Annual Appreciation
5.68%
Original Mortgage
$640,000
Outstanding Balance
$510,879
Interest Rate
3.41%
Mortgage Type
Commercial
Estimated Equity
$1,017,449
Purchase Details
Listed on
Aug 9, 2016
Closed on
Jun 24, 2016
Sold by
Ramsey Sean
Bought by
Ho Choi Keun
Seller's Agent
Robert Salim
Classic Beach Properties, Inc.
Buyer's Agent
Jun Chang
New Star Realty & Investment
List Price
$999,000
Sold Price
$926,000
Premium/Discount to List
-$73,000
-7.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$510,879
Interest Rate
3.41%
Mortgage Type
Commercial
Estimated Equity
$1,017,449
Purchase Details
Closed on
Sep 16, 2013
Sold by
Fouladian Mike M
Bought by
Ramsey Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.17%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 30, 2011
Closed on
Jan 19, 2012
Sold by
Burbank Investor Services
Bought by
Fouladian Mike M and Fouladian Heidi
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$480,000
Sold Price
$425,000
Premium/Discount to List
-$55,000
-11.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Purchase Details
Closed on
Nov 22, 2011
Sold by
Banks Tyler E and Banks Jerriann I
Bought by
Burbank Investor Services
Purchase Details
Closed on
Jun 22, 2004
Sold by
B & B Malkin Family Lp
Bought by
Banks Tyler E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.29%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 24, 1995
Sold by
Malkin William and Malkin Bernice
Bought by
B & B Malkin Family Ltd Partnership
Purchase Details
Closed on
Dec 29, 1993
Sold by
Investors Trust Deed Inc
Bought by
Malkin William
Purchase Details
Closed on
Aug 5, 1993
Sold by
River Oak Partners 92
Bought by
Quincy Properties Inc
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 |
|---|---|---|---|
| Choi Keun Ho | -- | Usa National Title Company | |
| Ho Choi Keun | $926,000 | Usa National Title Company | |
| Ramsey Sean | $800,000 | Fidelity National Title Co | |
| Fouladian Mike M | $425,000 | Lawyers Title Sd | |
| Burbank Investor Services | $540,000 | None Available | |
| Banks Tyler E | $360,000 | First American Title Co | |
| B & B Malkin Family Ltd Partnership | -- | -- | |
| Malkin William | $296,336 | First Southwestern Title | |
| Quincy Properties Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Choi Keun Ho | $640,000 | |
| Previous Owner | Ho Choi Keun | $640,000 | |
| Previous Owner | Ramsey Sean | $560,000 | |
| Previous Owner | Banks Tyler E | $520,000 | |
| Previous Owner | Banks Tyler E | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2016 08/11/16 | Sold | $926,000 | -7.3% | $136 / Sq Ft |
| 08/01/2016 08/01/16 | Pending | -- | -- | -- |
| 01/20/2016 01/20/16 | For Sale | $999,000 | +24.9% | $147 / Sq Ft |
| 11/20/2013 11/20/13 | Sold | $800,000 | 0.0% | $118 / Sq Ft |
| 09/09/2013 09/09/13 | Pending | -- | -- | -- |
| 08/30/2013 08/30/13 | For Sale | $800,000 | +88.2% | $118 / Sq Ft |
| 01/26/2012 01/26/12 | Sold | $425,000 | -11.5% | $63 / Sq Ft |
| 01/19/2012 01/19/12 | Pending | -- | -- | -- |
| 12/30/2011 12/30/11 | For Sale | $480,000 | -- | $71 / 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 | $14,525 | $1,074,697 | $336,567 | $738,130 |
| 2024 | $14,525 | $1,053,625 | $329,968 | $723,657 |
| 2023 | $14,276 | $1,032,967 | $323,499 | $709,468 |
| 2022 | $13,423 | $1,012,713 | $317,156 | $695,557 |
| 2021 | $13,120 | $992,857 | $310,938 | $681,919 |
| 2019 | $12,933 | $963,410 | $301,716 | $661,694 |
| 2018 | $12,525 | $944,520 | $295,800 | $648,720 |
| 2016 | $10,576 | $828,427 | $258,883 | $569,544 |
| 2015 | $10,166 | $815,984 | $254,995 | $560,989 |
| 2014 | $10,097 | $800,000 | $250,000 | $550,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jun Chang
Buyer's Agent in 2016
Jun Chang
New Star Realty & Investment
(310) 997-5152
60 Total Sales
-
J
Seller's Agent in 2013
Joshua Cohen
Keller Williams South Bay
-
Jason Randall
J
Buyer's Agent in 2013
Jason Randall
Randall Realty
(310) 514-1420
2 Total Sales
-
Steve Bogoyevac
S
Seller's Agent in 2012
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1200
1 in this area
93 Total Sales
-
A
Seller Co-Listing Agent in 2012
Aaron Bove
Marcus & Millichap
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16012966
APN: 7261-018-010
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
- 1415 Dawson Ave
- 1512 N Stanton Place
- 1629 Cherry Ave Unit 102
- 1426 Rose Ave
- 1323 Dawson Ave
- 1432 Gaviota Ave
- 1600 Junipero Ave
- 2343 E 17th St Unit 308
- 1335 Stanley Ave
- 2180 Village Way
- 1451 Walnut Ave
- 1334 Walnut Ave
- 1105 Cherry Ave
- 1845 Dawson Ave
- 1101 Cherry Ave
- 1850 Gardenia Ave
- 1120 Raymond Ave
- 1887 Saint Louis Ave
- 1144 Stanley Ave
- 1061 Dawson Ave
- 1472 Cherry Ave Unit B
- 1472 Cherry Ave
- 1464 Cherry Ave
- 2021 E Spaulding Way
- 1436 Cherry Ave
- 2031 E Spaulding Way
- 1432 Cherry Ave Unit C
- 1432 Cherry Ave Unit A
- 1432 Cherry Ave Unit D
- 1432 Cherry Ave Unit 4
- 1432 Cherry Ave
- 2022 E 15th St
- 2030 E Spaulding Way Unit 2
- 2030 E Spaulding Way Unit 4
- 2030 E Spaulding Way
- 2024 E 15th St
- 1475 Cherry Ave
- 2035 E Spaulding Way
- 1485 Cherry Ave
- 1471 Cherry Ave