NOT LISTED FOR SALE

1540 E Wardlow Rd Long Beach, CA 90807

Estimated Value: $999,991

2 Beds
2 Baths
1,580 Sq Ft
$633/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $875,000 $554 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,333/month

91 Days on Market

Highlights

  • Art Studio
  • Second Garage
  • City Lights View
  • Hughes Middle School Rated A-
  • All Bedrooms Downstairs
  • 4-minute walk to Reservoir Park

About This Home

As of November 2021

This is a mixed use property consisting of a 2 bedroom, 2 bath Classic Spanish single family home (completely renovated) with an attached garage and private rear yard area. In addition, there is an office/warehouse commercial property, including an additional 3 bedrooms, an amazing loft space and exterior storage garage. This is a unique opportunity to own a property with this configuration. The commercial space can be divided into 3 separate rentable or individual spaces. 1) Front office/studio with access from Wardlow, and a small bathroom 2) Larger space, access from Wardlow, option to add a kitchen, currently has a small bathroom and 3) Rear space with loft area, access from Walnut, has a storage space. Multiple ways to configure for rental and/or use.

Last Agent to Sell the Property

Jamee Lindberg

Re/Max R. E. Specialists License #01107487 Listed on: 06/01/2021

Re/Max R. E. Specialists

Co-Listed By

John Lindberg

Re/Max R. E. Specialists License #01010112

Re/Max R. E. Specialists

Last Buyer's Agent

John Lindberg

Re/Max R. E. Specialists License #01010112

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4,063 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Second Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,580 Sq Ft Home
  • Living Room
  • Art Studio
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 6 / B
  • Assessor Parcel Number 7148019031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • California Heights Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: California Heights (CH)
  • View: Yes
  • Zoning: LBCCA
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7148019031
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 553.80
  • Room Type: All Bedrooms Down, Art Studio, Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Second Garage, Storage
  • View: City Lights
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4063.00
  • Lot Size Acres: 0.0933

Multi Family

  • Lot Size Area: 4063.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5720.01
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2020
Sold by
Mcguire Mark and Mcguire Patricia
Bought by
Mcguire Mark and Mcguire Patricia
Current Estimated Value
$999,991

Purchase Details

Closed on
Mar 19, 1996
Sold by
Underwood Emily Ann and Danforth Alice
Bought by
Mcguire Mark A and Taylor Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mcguire Mark -- None Available
Mcguire Mark A $122,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcguire Mark A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $875,000 -2.8% $554 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $899,900 0.0% $570 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $899,900 -- $570 / 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 $13,302 $928,556 $519,991 $408,565
2024 $12,732 $910,350 $509,796 $400,554
2023 $12,494 $892,500 $499,800 $392,700
2022 $11,739 $875,000 $490,000 $385,000
2021 $3,474 $185,072 $74,582 $110,490
2019 $3,423 $179,585 $72,371 $107,214
2018 $3,264 $176,064 $70,952 $105,112
2016 $3,037 $169,229 $68,198 $101,031
2015 $2,938 $166,688 $67,174 $99,514
2014 $2,910 $163,424 $65,859 $97,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21117463

California Regional Multiple Listing Service (CRMLS)

APN: 7148-019-031