NOT LISTED FOR SALE

1509 E Artesia Blvd Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $829,000 - $900,000

4 Beds
3 Baths
2,013 Sq Ft
$426/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $465,000 $231 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,087/month

142 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Floor Furnace
  • All Bedrooms Downstairs
  • Laundry Room
  • Carpet

About This Home

As of August 2016

Duplex in Long Beach turn key and ready to go. Zoning allows residential use and retail/services uses. Perfect for a professional, artist, real estate sales, insurance, financial and other comparison shopping for goods and services. 2bd/2ba plus commercial/retail space and garage see Long Beach Municipal code 21.32.020. The other unit is a 3bd/1ba. The units are bright and cheery with a new roof and fresh paint. New carpet and flooring in one unit. Some windows have been replaced. The units are on separate utilities. Great location close to freeways, parks, schools and shopping. This is a rare find at this price! Ready to invest? Bring your offer today!

Last Agent to Sell the Property

Heather Penko

SimpliHOM License #01736316 Listed on: 10/19/2015

Last Buyer's Agent

Eric Mejia

Century 21 Peak License #01957460

Century 21 Peak

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,207

Year Built

  • Built in 1930

Lot Details

  • 4,084 Sq Ft Lot
  • No Units Above
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 2,013 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 9638
  • Assessor Parcel Number 7114003022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,207

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7114003022
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 231.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4084.00
  • Price Per Lot Square Foot: 113.86
  • Lot Size Acres: 0.0940

Multi Family

  • Average2 Bed Area: 1013
  • Average3 Bed Area: 1000
  • Gross Scheduled Income: 37200.00
  • Lot Size Area: 4084.0000 Square Feet
  • Net Operating Income: 37200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 9638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
Jun 28, 2016
Sold by
Pacheco Francisco Javier Mares
Bought by
Flores Julia
Seller's Agent
Heather Penko
SimpliHOM
Buyer's Agent
Eric Mejia
Century 21 Peak
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$857,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,107
Avg. Annual Appreciation
6.88%
Original Mortgage
$474,053
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2016
Sold by
Bolling John R and Robert G & Yvonne Bolling B Tr
Bought by
Flores Julia

Purchase Details

Closed on
Nov 10, 1999
Sold by
Bolling Yvonne Tr and Robert G
Bought by
Bolling Yvonne and Robert G & Yvonne Bolling B Tr
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
Flores Julia -- Provident Title Company
Flores Julia $465,000 Provident Title Company
Bolling Yvonne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Julia $474,053
Closed Flores Julia $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $465,000 0.0% $231 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $465,000 -- $231 / 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 $7,207 $539,666 $145,071 $394,595
2024 $7,207 $529,085 $142,227 $386,858
2023 $7,083 $518,712 $139,439 $379,273
2022 $6,657 $508,542 $136,705 $371,837
2021 $6,517 $498,572 $134,025 $364,547
2019 $6,425 $484,026 $130,050 $353,976
2018 $6,202 $474,540 $127,500 $347,040
2016 $2,866 $211,239 $88,527 $122,712
2015 $2,659 $208,067 $87,198 $120,869
2014 $1,993 $146,180 $64,966 $81,214
Source: Public Records

Agents Affiliated with this Home

  • Heather Penko

    Seller's Agent in 2016

    Heather Penko

    SimpliHOM

    (951) 595-9385

    66 Total Sales

    Heather Penko
    Section Image

  • E

    Buyer's Agent in 2016

    Eric Mejia

    Century 21 Peak

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15228918

California Regional Multiple Listing Service (CRMLS)

APN: 7114-003-022

California Los Angeles County Long Beach 90805 Hamilton

1509 E Artesia Blvd, Long Beach, CA

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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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