NOT LISTED FOR SALE

Estimated Value: $343,038

0.06 Acre
$6,018,211 Price per Acre
2,481 Sq Ft Lot

Last Sold April 04, 2018

Last sale price $255,000

Est. 35% increase in value since last sale

Current estimated payment $2,093/month

16 Days on Market

Highlights

  • 2,481 Sq Ft lot
  • Property is near park and public transit
  • Level Lot
  • Long Beach Polytechnic High School Rated A
  • No HOA

About This Lot

As of April 2018

>>>>>>>>>>> Back on Market <<<<<<<<<<<<<<

The beautiful ocean is only few blocks from this flat vacant lot. Builder's delight! Excellent opportunity for Investor/Developer/Builder. Although it is in a commercial zoning, flexible city zoning allows for residential use. City zoning allows commercial or moderate residential Land has potential in gaining value. Previously a house was on the lot years ago and the driveway still remains ( all utilities are intact ). Desirable area for both commercial or residential use. Excellent location for business with great exposure! It is in a good location and close to the pacific ocean. Just a bike ride to the Aquarium of the pacific, and down town Long Beach. This land is in a highly desirable area in the beautiful City of long Beach.

Last Agent to Sell the Property

Manzur Ahmed

APF HOME REALTY License #01888031 Listed on: 02/25/2018

Last Buyer's Agent

Manzur Ahmed

APF HOME REALTY License #01888031 Listed on: 02/25/2018

Property Details

Property Type

  • Land

Lot Details

  • 2,481 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Redwood Fence
  • Level Lot
  • Value in Land
  • Property is zoned LBCNR

Additional Features

  • Property is near park and public transit
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 7275012039

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBCNR
  • Property Type: Land
  • Parcel Number: 7275012039
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 102.78

Exterior Features

  • Fencing: Block, Chain Link, Redwood

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit, Park Nearby, Value In Land
  • Lot Size Sq Ft: 2481.00

Tax Info

  • Tax Census Tract: 5766.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2018
Closed on
Mar 22, 2018
Sold by
Boyadjian Gabriel J
Bought by
Nguyen Chanh and Nguyen Thu Xuan
Seller's Agent
Manzur Ahmed
APF HOME REALTY
Buyer's Agent
Manzur Ahmed
APF HOME REALTY
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Current Estimated Value
$343,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,038
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
May 24, 2007
Sold by
Narmore Edgar Ray
Bought by
Narmore Edgar Ray and Edgar Ray Narmore Revocable Li

Purchase Details

Closed on
May 10, 2007
Sold by
Narmore Edgar Ray and Edgar Ray Narmore Revocable Li
Bought by
Boyadjian Gabriel J

Purchase Details

Closed on
Dec 18, 2002
Sold by
Narmore Edgar Ray
Bought by
Edgar Ray Narmore Revocable Living Trust
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
Nguyen Chanh $255,000 Wfg Title Company Of Califor
Boyadjian Gabriel J -- Wfg Title Company Of Califor
Narmore Edgar Ray -- New Century Title Company
Boyadjian Gabriel J $200,000 New Century Title Company
Edgar Ray Narmore Revocable Living Trust -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2018 04/04/18 Sold $255,000 -7.3% --
03/13/2018 03/13/18 Pending -- -- --
02/25/2018 02/25/18 For Sale $275,000 -- --
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 $3,557 $290,145 $290,145 --
2024 $3,557 $284,456 $284,456 --
2023 $3,499 $278,879 $278,879 $0
2022 $3,280 $273,411 $273,411 $0
2021 $3,221 $268,050 $268,050 $0
2019 $3,176 $260,100 $260,100 $0
2018 $2,801 $230,877 $230,877 $0
2016 $2,579 $221,912 $221,912 $0
2015 $2,151 $190,000 $190,000 $0
2014 $1,493 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18044249

California Regional Multiple Listing Service (CRMLS)

APN: 7275-012-039