NOT LISTED FOR SALE

1521 W Summit St Long Beach, CA 90810

Lower Westside Neighborhood

Estimated Value: $736,000 - $907,000

4 Beds
3 Baths
2,376 Sq Ft
$344/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $635,000 $267 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,161/month

10 Days on Market

About This Home

As of July 2021

2,376 sqft. Triplex on a 6,458 sqft. lot. Two one bedroom one bath units $800 & $950, and a two bedroom one bath $1,050, there are 3 single car garages one of which has been converted to a laundry room. Long term tenants, month to month

Last Agent to Sell the Property

Steve Holston

Home Base Realty Inc License #00686738 Listed on: 05/11/2021

Home Base Realty Inc

Last Buyer's Agent

Diane Aguayo

Big Block Powerhouse Realty License #01143715

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,909

Year Built

  • Built in 1953

Lot Details

  • 6,458 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,376 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 24 / 15
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431020013

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Westside/South Of Willow Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $900
  • New Taxes Expense $7,200
  • Operating Expense $10,800
  • Gross Income $33,720
  • Net Operating Income $33,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,909

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Westside/South of Willow (WSW)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7431020013
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 267.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • 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: Front Yard, Yard
  • Lot Size Sq Ft: 6458.00
  • Lot Size Acres: 0.1483

Multi Family

  • Gross Income: 33720.00
  • Gross Scheduled Income: 33720.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6458.0000 Square Feet
  • Net Operating Income: 33720.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 10800.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Block: 15
  • Tax Census Tract: 5729.00
  • Tax Lot: 24
  • Tax Tract Number: 1833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2022
Sold by
Lalama Angel A
Bought by
Summit Street Apts Llc
Current Estimated Value
$817,284

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 9, 2021
Sold by
Upano Barbara P and Samson Family Survivors Trust
Bought by
Lalama Angel A
Seller's Agent
Steve Holston
Home Base Realty Inc
Buyer's Agent
Diane Aguayo
Big Block Powerhouse Realty
List Price
$599,900
Sold Price
$635,000
Premium/Discount to List
$35,100
5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$476,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2016
Sold by
Samson Sam
Bought by
Samson Sam and Samson Family Survivors Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Summit Street Apts Llc -- None Listed On Document
Lalama Angel A $635,000 Ticor Ttl Orange Cnty Branch
Samson Sam -- None Available
Samson Sam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lalama Angel A $476,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $635,000 +5.9% $267 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $599,900 -- $252 / 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 $8,909 $673,866 $461,625 $212,241
2024 $8,909 $660,654 $452,574 $208,080
2023 $8,759 $647,700 $443,700 $204,000
2022 $8,232 $635,000 $435,000 $200,000
2021 $1,721 $90,229 $38,604 $51,625
2020 $1,716 $89,305 $38,209 $51,096
2019 $1,698 $87,555 $37,460 $50,095
2018 $1,548 $85,839 $36,726 $49,113
2016 $1,419 $82,506 $35,300 $47,206
2015 $1,374 $81,267 $34,770 $46,497
2014 $1,385 $79,676 $34,089 $45,587
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steve Holston

    Home Base Realty Inc

    (562) 260-5716

    1 in this area

    18 Total Sales

    Steve Holston
    Section Image

  • D

    Buyer's Agent in 2021

    Diane Aguayo

    Big Block Powerhouse Realty

    (323) 562-7777

    1 in this area

    16 Total Sales

    Diane Aguayo
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21100663

California Regional Multiple Listing Service (CRMLS)

APN: 7431-020-013

California Los Angeles County Long Beach 90810 Lower Westside

1521 W Summit St, Long Beach, CA

This home is located at 1521 W Summit St, Long Beach, CA 90810 since 11 May 2021 and is currently estimated at $817,284, approximately $343 per square foot. This property was built in 1953. 1521 W Summit St is a home located in Los Angeles County with nearby schools including Garfield Elementary School, Juan Rodriguez Cabrillo High School, and We the People 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

Nearby Homes