Seller's Agent in 2022
Kevin King
Marcus & Millichap
(562) 257-1245
7 in this area
41 Total Sales
1527 E 3rd St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,300,000 - $2,630,000
2
Beds
1
Bath
6,362
Sq Ft
$301/Sq Ft
Est. Value
About This Home
As of October 2022• True Pride-of-Ownership Legacy Asset: Built in 1926
• Two Separately Parceled Triplexes, Providing Flexible Entry and Exit Strategies
• Six Spacious Two-Bedroom Units: Average Unit Size Over 1,000 Square-Feet
• Amenities That All Tenants Value: Synergized Outdoor Space, Washers & Dryers in Each Unit and Private Parking
• Three Blocks from the Beach & Bixby Park: The Cultural Hub of Alamitos Beach
• 91 Walk Score – “Walker’s Paradise” & 91 Bike Score – “Biker’s Paradise”
• Ability to Add Two Additional ADU Units to Increase Value for a New Investor
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 05/20/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 8,362 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
- 7275008015
Home Design
- 6,362 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 6 Parking Spaces
- 6 Carport Spaces
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 576502
- Assessor Parcel Number 7275008014
Community Details
Overview
- 2 Buildings
- 6 Units
- Alamitos Beach Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $300
- Fuel Expense $300
- Gardener Expense $600
- Insurance Expense $3,550
- Maintenance Expense $4,500
- Professional Management Expense $6,510
- Trash Expense $300
- Water Sewer Expense $300
- New Taxes Expense $37,438
- Operating Expense $53,798
- Gross Income $162,739
- Net Operating Income $108,941
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2017
Sold by
Spellmeyer Patricia Jean
Bought by
Angel John J and The John J Angel Jr Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$751,920
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$1,165,747
Purchase Details
Closed on
Dec 5, 2013
Sold by
Spellmeyer Patricia
Bought by
Spellmeyer Patricia Jean and The Patricia Jean Spellmeyer 2013 Trust
Purchase Details
Closed on
Jun 3, 2013
Sold by
Young Sharon L
Bought by
Young Kenneth D and Young Sharon L
Purchase Details
Closed on
Apr 20, 2007
Sold by
The Wohl Great American Pomona Co Llc
Bought by
Dcl Group Llc
Purchase Details
Closed on
Apr 21, 2000
Sold by
Villacete Rey R
Bought by
Spellmeyer Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,800
Interest Rate
8.44%
Purchase Details
Closed on
Apr 3, 1998
Sold by
Haraldson Richard A
Bought by
Villacete Rey R and Belo Adora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,800
Interest Rate
7.17%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Angel John J | $1,600,000 | North American Title | |
| Spellmeyer Patricia Jean | -- | None Available | |
| Young Kenneth D | -- | Provident Title Company | |
| Dcl Group Llc | $444,000 | Landamerica | |
| Spellmeyer Patricia | $262,000 | Chicago Title Co | |
| Villacete Rey R | $212,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Angel John J | $920,000 | |
| Previous Owner | Spellmeyer Patricia | $235,800 | |
| Previous Owner | Villacete Rey R | $190,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/26/2022 10/26/22 | Sold | $2,875,000 | -4.0% | $452 / Sq Ft |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | Price Changed | $2,995,000 | -10.6% | $471 / Sq Ft |
| 05/20/2022 05/20/22 | For Sale | $3,350,000 | -- | $527 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,826 | $1,469,565 | $1,053,405 | $416,160 |
| 2024 | $18,826 | $1,440,750 | $1,032,750 | $408,000 |
| 2023 | $18,274 | $1,412,500 | $1,012,500 | $400,000 |
| 2022 | $11,083 | $874,913 | $656,186 | $218,727 |
| 2021 | $10,855 | $857,759 | $643,320 | $214,439 |
| 2019 | $10,701 | $832,320 | $624,240 | $208,080 |
| 2018 | $10,391 | $816,000 | $612,000 | $204,000 |
| 2016 | $4,415 | $340,154 | $145,409 | $194,745 |
| 2015 | $4,246 | $335,045 | $143,225 | $191,820 |
| 2014 | $4,229 | $328,483 | $140,420 | $188,063 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
-
Cameron Jacques
Buyer's Agent in 2022
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
2 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22106537
APN: 7275-008-014
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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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