NOT LISTED FOR SALE

1504 E Wardlow Rd Long Beach, CA 90807

Estimated Value: $964,000 - $1,273,421

3 Beds
3 Baths
1,934 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $880,000 $455 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,029/month

3 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Ceiling Fan
  • Hughes Middle School Rated A-
  • Central Heating
  • 4-minute walk to Reservoir Park

About This Home

As of June 2021

Charming updated Spanish Style Duplex with permitted rumpus room! The main house is a beautiful Spanish style home - 2 bed 1.5 bath that features original charm of coved ceilings and built in cabinets with a faux fireplace, but all the modern updates in the kitchen, central heat, and updated bathrooms. The kitchen features newer cabinets, granite tile countertops and opens to the dining room. There is a bonus room off the kitchen currently being used as a 3rd bedroom. In the rear of the property is a rumpus room that is being used as a studio unit which has an updated bathroom and kitchen as well. (The studio is 272 SF and is currently rented for $760). Extra income for you or it can be used as an office as well for an owner occupant! In addition, there is a 1BD/1BA (1506) unit above a two car garage. The one bedroom unit has a large retro style kitchen and balcony off of the bedroom. Lots of windows for great cross breezes up above! Laundry is located on site in a separate laundry room. The enclosed backyard has fruit trees and a fire pit and shade cover for enjoying the outside. Artificial turf makes it low maintenance, and the yard is shared between the tenants. Solar panels are leased with Solar City at a low $75.00 a month to keep the energy bill low. This property is perfect for either an owner user or an investor. Don’t miss out! Showings by appointment only.

Last Agent to Sell the Property

Christy Westphal

Century 21 Masters License #02030334 Listed on: 05/10/2021

Century 21 Masters

Last Buyer's Agent

Kevin Hoban

Kevin C. Hoban, Broker License #00924277

Kevin C. Hoban, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,067

Year Built

  • Built in 1961

Lot Details

  • 4,064 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,934 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5720
  • Assessor Parcel Number 7148019033

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • California Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Other Expense $75
  • Operating Expense $13,620
  • Gross Income $53,220
  • Net Operating Income $39,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,067

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.63
  • Property Attached: No
  • Subdivision Name Other: California Heights (CH)
  • Property Type: Residential Income
  • Parcel Number: 7148019033
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 455.02

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 4064.00
  • Lot Size Acres: 0.0933

Multi Family

  • Average1 Bed Area: 696 Square Feet
  • Average2 Bed Area: 1207 Square Feet
  • Average Studio Area: 272 Square Feet
  • Gross Income: 53220.00
  • Gross Scheduled Income: 52980.00
  • Lot Size Area: 4064.0000 Square Feet
  • Net Operating Income: 39360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 13620.00
  • Other Expense: 75.00
  • Other Expense Description: Solar
  • Rent Control: No
  • Total Actual Rent: 4415.00
  • Total Expenses: 13620.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 5720.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 18, 2021
Sold by
Demir Sevan
Bought by
Demir Sevan and Demir Beatriz
Seller's Agent
Christy Westphal
Century 21 Masters
Buyer's Agent
Kevin Hoban
Kevin C. Hoban, Broker
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%
Current Estimated Value
$1,140,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,605
Avg. Annual Appreciation
6.11%
Original Mortgage
$528,000
Outstanding Balance
$479,078
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$652,603

Purchase Details

Listed on
May 10, 2021
Closed on
May 19, 2021
Sold by
1504 Wardlow Llc
Bought by
Demir Sevan
Seller's Agent
Christy Westphal
Century 21 Masters
Buyer's Agent
Kevin Hoban
Kevin C. Hoban, Broker
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$479,078
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$652,603

Purchase Details

Closed on
Feb 21, 2018
Sold by
1504 Wardlow Llc
Bought by
Elmer Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2018
Sold by
Elmer Melinda
Bought by
1504 Wardlow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
Elmer Melinda B
Bought by
1504 Wardlow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2016
Sold by
1504 Wardlow Llc
Bought by
Elmer Melinda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Elmer Melinda
Bought by
1504 Wardlow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 8, 2015
Sold by
1504 Wardlow Llc
Bought by
Elmer Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 18, 2013
Sold by
Elmer Melinda
Bought by
1504 Wardlow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 15, 2013
Sold by
1504 Wardlow Llc
Bought by
Elmer Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 2007
Sold by
Elmer Melinda and Zaloudek Krista
Bought by
1504 Wardlow Llc

Purchase Details

Closed on
Nov 14, 2006
Sold by
Mcnulty Sara
Bought by
Elmer Melinda and Zaloudek Krista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1999
Sold by
Seyb Craig K
Bought by
Trudeau Neil R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,790
Interest Rate
6.91%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 1996
Sold by
Seyb Craig K and Seyb Debra L
Bought by
Seyb Craig K and Seyb Debra L
Source: Public Records

Range of Values:

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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
Demir Sevan -- Accommodation
Demir Sevan -- Orange Coast Ttl Co Of Socal
Demir Sevan $880,000 Orange Coast Ttl Co Of Socal
Elmer Melinda -- Orange Coast Title Company
1504 Wardlow Llc -- Accommodation
1504 Wardlow Llc -- Accommodation
Elmer Melinda B -- None Available
1504 Wardlow Llc -- Accommodation
Elmer Melinda -- Orange Coast Title Company
1504 Wardlow Llc -- Accommodation
Elmer Melinda -- Orange Coast Title Company O
1504 Wardlow Llc -- Accommodation
Elmer Melinda $515,000 Progressive Title Co Inc
Trudeau Neil R $193,000 Fidelity National Title Ins
Seyb Craig K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demir Sevan $528,000
Previous Owner Elmer Melinda $540,000
Previous Owner Elmer Melinda $487,500
Previous Owner Elmer Melinda $424,000
Previous Owner Elmer Melinda $385,000
Previous Owner Elmer Melinda $402,800
Previous Owner Trudeau Neil R $290,000
Previous Owner Trudeau Neil R $28,995
Previous Owner Trudeau Neil R $240,000
Previous Owner Trudeau Neil R $15,000
Previous Owner Trudeau Neil R $198,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $880,000 +3.5% $455 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $850,000 -- $440 / 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 $12,067 $952,538 $595,337 $357,201
2024 $12,067 $933,862 $583,664 $350,198
2023 $11,867 $915,552 $572,220 $343,332
2022 $11,135 $897,600 $561,000 $336,600
2021 $9,096 $726,951 $512,512 $214,439
2020 $9,072 $719,498 $507,257 $212,241
2019 $7,741 $604,116 $335,669 $268,447
2018 $7,413 $592,272 $329,088 $263,184
2016 $6,814 $569,275 $316,310 $252,965
2015 $6,418 $550,000 $305,600 $244,400
2014 $5,643 $475,000 $263,900 $211,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christy Westphal

    Century 21 Masters

    (909) 595-6697

    1 in this area

    2 Total Sales

    Christy Westphal
    Section Image
  • Kevin Hoban

    Buyer's Agent in 2021

    Kevin Hoban

    Kevin C. Hoban, Broker

    (562) 708-0393

    3 in this area

    12 Total Sales

    Kevin Hoban
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21099299

California Regional Multiple Listing Service (CRMLS)

APN: 7148-019-033

California Los Angeles County Long Beach 90755

1504 E Wardlow Rd, Long Beach, CA

This home is located at 1504 E Wardlow Rd, Long Beach, CA 90807 since 10 May 2021 and is currently estimated at $1,140,605, approximately $589 per square foot. This property was built in 1961. 1504 E Wardlow Rd is a home located in Los Angeles County with nearby schools including Signal Hill Elementary School, Hughes 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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