NOT LISTED FOR SALE

1482 Lemon Ave Long Beach, CA 90813

Central Neighborhood

Estimated Value: $774,000 - $902,000

5 Beds
3 Baths
1,992 Sq Ft
$422/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $326,000 $164 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $4,892/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • 5-minute walk to Rosa Parks Park
  • Long Beach Polytechnic High School Rated A
  • No Heating

About This Home

As of April 2012

Live Within WALKING DISTANCE To Shopping, the Beach, Pine Street, the Metro and More! Purchase These Units Near DOWNTOWN LONG BEACH And LIVE IN ONE And Have Your Tenants PAY MORE THAN HALF OF Your MORTGAGE! With Low Interest Rates, Your Payment Should Be Close to $2,000!

Last Agent to Sell the Property

Alexander Gonzalez

Pacific Residential Realty,Inc License #01849999 Listed on: 02/14/2012

Last Buyer's Agent

Huok Lo

Lifetime Realty Inc License #01368263

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,454

Parking

  • 5 Parking Spaces

Home Design

  • 1,992 Sq Ft Home
  • Traditional Architecture
  • Wood Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,454 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block 3
  • Tax Tract Number 5020
  • Assessor Parcel Number 7268020027

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $50
  • Other Expense $200
  • Water Sewer Expense $350
  • New Taxes Expense $4,252
  • Gross Income $2,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

5,454 Sq Ft Lot

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 350.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 7268020027
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 163.65

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5454.00
  • Lot Size Acres: 0.1250

Multi Family

  • Gross Income: 2950.00
  • Gross Multiplier: 8.47
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 50.00
  • Lot Size Area: 5454.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Other Expense: 200.00

Tax Info

  • New Taxes Expense: 4252.00
  • Tax Area: 5500
  • Tax Block: 3
  • Tax Lot: 0.
  • Tax Tract Number: 5020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Perles Elishea G
Bought by
Lo Huok and Perles Elishea G
Current Estimated Value
$840,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Outstanding Balance
$449,537
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$390,796

Purchase Details

Listed on
Feb 14, 2012
Closed on
Mar 29, 2012
Sold by
Mansour Fahim
Bought by
Perles Elishea G
Seller's Agent
Alexander Gonzalez
Pacific Residential Realty,Inc
Buyer's Agent
Huok Lo
Lifetime Realty Inc
List Price
$299,900
Sold Price
$326,000
Premium/Discount to List
$26,100
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$213,700
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Beshay Evon
Bought by
Mansour Fahim

Purchase Details

Closed on
Nov 10, 2011
Sold by
The Cynthia Soriano Utd
Bought by
Mansour Fahim

Purchase Details

Closed on
Oct 17, 2008
Sold by
Soriano Cynthia
Bought by
Soriano Cynthia

Purchase Details

Closed on
Feb 6, 2006
Sold by
Floyd Richard E and Flounoil Floyd Sandra
Bought by
Soriano Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Flounoil Revocable Trust
Bought by
Flounoil Family Survivors Trust

Purchase Details

Closed on
Jan 21, 1997
Sold by
Flenoil Johnie Lee and Flenoil Cleottice
Bought by
Floyd Richard E and Flounoil Floyd Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.85%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lo Huok -- Lawyers Title
Perles Elishea G $326,000 Nations Title
Mansour Fahim -- Nations Title Company Of Ca
Mansour Fahim $175,000 Nations Title Company Of Ca
Soriano Cynthia -- None Available
Soriano Cynthia $620,000 North American Title Co
Flounoil Family Survivors Trust -- --
Floyd Richard E $63,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Huok $507,500
Closed Perles Elishea G $213,700
Previous Owner Soriano Cynthia $465,000
Previous Owner Floyd Richard E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2012 04/25/12 Sold $326,000 +8.7% $164 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $299,900 -- $151 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,659 $409,462 $188,401 $221,061
2024 $5,659 $401,434 $184,707 $216,727
2023 $5,561 $393,564 $181,086 $212,478
2022 $5,233 $385,848 $177,536 $208,312
2021 $5,120 $378,283 $174,055 $204,228
2020 $5,106 $374,405 $172,271 $202,134
2019 $5,048 $367,065 $168,894 $198,171
2018 $4,826 $359,869 $165,583 $194,286
2016 $4,441 $345,897 $159,154 $186,743
2015 $4,269 $340,702 $156,764 $183,938
2014 $4,252 $334,029 $153,694 $180,335
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Alexander Gonzalez

    Pacific Residential Realty,Inc

  • H

    Buyer's Agent in 2012

    Huok Lo

    Lifetime Realty Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P812444

California Regional Multiple Listing Service (CRMLS)

APN: 7268-020-027

California Los Angeles County Long Beach 90813 Central

1482 Lemon Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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