C
Seller's Agent in 2019
Christian Milner
Christian Milner Realty Group
1532 Pacific Ave Long Beach, CA 90813
Washington School Neighborhood
8
Beds
3
Baths
3,360
Sq Ft
7,592
Sq Ft Lot
About This Home
As of June 2019BEST DEAL in Long Beach. 4 plex across from Washington Middle School with over 4000 square feet of raw land. 3300 square foot building in the front has the property cash flowing at a current 5.6% cap rate, rent upside to a 7-8% cap rate. Great unit mix, building has (2) 3 bed/1 bath units and (2) 2 bed/1 bath units. Prime location, less than a mile to PCH and downtown Long Beach. All tenants on a month to month lease.
Last Agent to Sell the Property
Christian Milner
Christian Milner Realty Group License #02059572 Listed on: 03/26/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,592 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Home Design
- 3,360 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Unpaved Parking
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 726900
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $640
- Fuel Expense $640
- Insurance Expense $640
- Trash Expense $640
- Water Sewer Expense $640
- New Taxes Expense $12,813
- Operating Expense $19,756
- Gross Income $79,980
- Net Operating Income $57,825
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2025
Sold by
Bought by
Purchase Details
Closed on
Oct 25, 2022
Sold by
Bought by
Purchase Details
Listed on
Mar 26, 2019
Closed on
Jun 7, 2019
Sold by
Bought by
Seller's Agent
Christian Milner
Christian Milner Realty Group
Buyer's Agent
Afshin Eskandari
West Shores Realty, Inc.
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
0.041%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2005
Sold by
Bought by
Purchase Details
Closed on
Jul 17, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
0.05%
Mortgage Type
Commercial
Purchase Details
Closed on
May 31, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
0.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
0.0637%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 23, 2002
Sold by
Bought by
Purchase Details
Closed on
Sep 27, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
0.0615%
Mortgage Type
Commercial
Purchase Details
Closed on
May 13, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
0.0837%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 28, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
0.0837%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 7, 2001
Sold by
Bought by
Purchase Details
Closed on
Dec 19, 2000
Sold by
Bought by
Purchase Details
Closed on
May 18, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,400
Interest Rate
0.0696%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,400
Interest Rate
0.0696%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | Progressive Title Company | ||
| $1,000,000 | Progressive Title Company | ||
| -- | -- | ||
| $660,000 | Orange Coast Title | ||
| -- | Orange Coast Title | ||
| -- | Southland Title Corporation | ||
| $475,000 | Southland Title Corporation | ||
| -- | Southland Title Corporation | ||
| $330,000 | Southland Title Corporation | ||
| -- | American Title Co | ||
| $267,000 | American Title Co | ||
| -- | -- | ||
| $194,840 | Fidelity National Title | ||
| -- | Chicago Title | ||
| $150,000 | Chicago Title | ||
| $70,700 | Provident Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $750,000 | ||
| Previous Owner | $462,000 | ||
| Previous Owner | $380,000 | ||
| Previous Owner | $297,000 | ||
| Previous Owner | $200,200 | ||
| Previous Owner | $30,000 | ||
| Previous Owner | $25,000 | ||
| Previous Owner | $117,400 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/20/2019 06/20/19 | Sold | $1,000,000 | -2.4% | $298 / Sq Ft |
| 05/02/2019 05/02/19 | Price Changed | $1,025,000 | -2.4% | $305 / Sq Ft |
| 03/26/2019 03/26/19 | For Sale | $1,050,000 | -- | $313 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,438 | $1,115,512 | $557,756 | $557,756 |
| 2024 | $14,782 | $1,093,640 | $546,820 | $546,820 |
| 2023 | $14,527 | $1,072,198 | $536,099 | $536,099 |
| 2022 | $13,650 | $1,051,176 | $525,588 | $525,588 |
| 2021 | $13,367 | $1,030,566 | $515,283 | $515,283 |
| 2020 | $13,333 | $1,020,000 | $510,000 | $510,000 |
| 2019 | $11,056 | $824,705 | $382,363 | $442,342 |
| 2018 | $10,658 | $808,535 | $374,866 | $433,669 |
| 2016 | $7,532 | $580,000 | $272,100 | $307,900 |
| 2015 | $7,340 | $580,000 | $272,100 | $307,900 |
| 2014 | $6,521 | $500,000 | $234,600 | $265,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Cameron Samimi
Seller Co-Listing Agent in 2019
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
2 in this area
205 Total Sales
-
Afshin Eskandari
Buyer's Agent in 2019
Afshin Eskandari
West Shores Realty, Inc.
(310) 433-4806
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19067377
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.
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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