1535 E 4th St Long Beach, CA 90802
North Alamitos Beach Neighborhood
5
Beds
4
Baths
2,841
Sq Ft
7,533
Sq Ft Lot
Highlights
- 0.17 Acre Lot
- Cooling System Mounted To A Wall/Window
- 5 Car Garage
- Long Beach Polytechnic High School Rated A
- Laundry Room
- 1-minute walk to Miracle On Fourth Street Park
About This Home
As of August 2024Great Investment! Rarely on the market MIX USE PROPERTY in the The 4th Street Corridor, also known as Retro Row district. 3 Residential Units plus 1 commercial unit currently used as a restaurant (Jerry's Breakfast Place). Commercial Unit has a storage unit that is in the rear of restaurant. Front house is a Large 2 story 3bedrooms -1bathroom house. Attached is a non conforming 1 bedroom/ 3/4 bath unit that was present from inception of current ownership; Unit can possibly be converted to ADU. Detached back house is also a Large 1bedroom-1bathroom with dinning area, front yard and backyard; this house has room to add additional square footage possibly turning into a 2 bedroom and also converting the garage into a Junior ADU. Please verify with city of Long Beach. These units have a 5 car garage off alley. Central courtyard for entertaining. A few blocks to the ocean. Live in one unit and let the other units help cover your mortgage. Freshly painted, quiet area, great neighborhood! A Rare find.
Last Agent to Sell the Property
Jocelyn Thav, Broker Brokerage Phone: 562-787-3243 License #01464845
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,736
Year Built
- Built in 1909
Lot Details
- 7,533 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- Parking Available
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 2,841 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 19
- Tax Tract Number 5500
- Assessor Parcel Number 7266018025
Community Details
Overview
- 4 Buildings
- 4 Units
- Alamitos Beach Subdivision
Building Details
- 4 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $2,500
- Water Sewer Expense $1,500
- New Taxes Expense $18,000
- Operating Expense $22,900
- Gross Income $78,636
- Net Operating Income $78,636
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jul 30, 2024
Sold by
Thav Michael Virak and Tha Jocelyn
Bought by
Kirirome Inc
Seller's Agent
Jocelyn Thav
Jocelyn Thav, Broker
Buyer's Agent
Jim Chhun
First American Team Realty Inc
List Price
$1,699,000
Sold Price
$1,500,000
Premium/Discount to List
-$199,000
-11.71%
Total Days on Market
14
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,008
Avg. Annual Appreciation
1.61%
Original Mortgage
$400,000
Outstanding Balance
$397,953
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$1,121,636
Purchase Details
Closed on
Sep 22, 2023
Sold by
Thav Michael V and Thav Jocelyn C
Bought by
Michael Virak Thav And Jocelyn Chung Thav Liv and Thav
Purchase Details
Listed on
Feb 12, 2013
Closed on
Apr 29, 2013
Sold by
Perez Antonio Gonzalez
Bought by
Thav Michael and Thav Jocelyn
Seller's Agent
Martin Gonzalez
Realty Executives All Cities
Buyer's Agent
Martin Gonzalez
Realty Executives All Cities
List Price
$479,000
Sold Price
$460,000
Premium/Discount to List
-$19,000
-3.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$230,000
Interest Rate
3.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 4, 2008
Sold by
Perez Antonio Gonzalez
Bought by
Perez Antonio Gonzalez and Perez Martin Gonzalez
Purchase Details
Closed on
Oct 22, 2007
Sold by
Perez Irineo G
Bought by
Perez Antonio Gonzalez and Gonzalez Alfredo Perez
Purchase Details
Closed on
May 8, 2007
Sold by
Perez Irineo G
Bought by
Perez Irineo G and Perez Victoria
Purchase Details
Closed on
Feb 28, 2003
Sold by
Perez Antonio Gonzalez
Bought by
Perez Irineo G and Perez Victoria
Purchase Details
Closed on
May 15, 2000
Sold by
Mussler Larry W
Bought by
Perez Antonio Gonzalez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,762
Interest Rate
8.12%
Mortgage Type
FHA
Map
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Similar Homes in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,500,000 | Wfg National Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $460,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $212,500 | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $475,000 | Construction | |
| Previous Owner | $591,500 | Commercial | |
| Previous Owner | $230,000 | Commercial | |
| Previous Owner | $210,865 | FHA | |
| Previous Owner | $210,761 | FHA | |
| Previous Owner | $210,762 | FHA | |
| Previous Owner | $12,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2024 08/06/24 | Sold | $1,500,000 | -11.7% | $528 / Sq Ft |
| 05/06/2024 05/06/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $1,699,000 | +269.3% | $598 / Sq Ft |
| 05/07/2013 05/07/13 | Sold | $460,000 | -4.0% | $162 / Sq Ft |
| 02/15/2013 02/15/13 | Pending | -- | -- | -- |
| 02/12/2013 02/12/13 | For Sale | $479,000 | -- | $169 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $7,874 | $555,337 | $271,633 | $283,704 |
| 2023 | $7,736 | $544,449 | $266,307 | $278,142 |
| 2022 | $7,281 | $533,775 | $261,086 | $272,689 |
| 2021 | $7,121 | $523,310 | $255,967 | $267,343 |
| 2019 | $7,020 | $507,790 | $248,376 | $259,414 |
| 2018 | $6,727 | $497,834 | $243,506 | $254,328 |
| 2016 | $6,190 | $478,504 | $234,051 | $244,453 |
| 2015 | $5,952 | $471,318 | $230,536 | $240,782 |
| 2014 | $5,909 | $462,087 | $226,021 | $236,066 |
Source: Public Records
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24080313
APN: 7266-018-025
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