Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
2 in Washington School
$275K - $283K Price Range
1542 Pine Ave Long Beach, CA 90813
Washington School NeighborhoodEstimated Value: $2,139,807
3
Beds
2
Baths
5,380
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Lawn
- Balcony
- Landscaped
- Long Beach Polytechnic High School Rated A
- Tile Flooring
About This Home
As of June 2015are pleased to present the 7-unit apartment complex located at 1542 Pine Avenue. The property was developed in 1923 and features two separate structures sitting on a 7,517 square foot lot. The front building has four 2-bedroom units and the back building has three 1-bedroom units and four garages. In addition, the property has a washer and dryer in each unit and is separately metered for gas and electric. 1542 Pine is a unique pride-of-ownership building with no deferred maintenance.
The property is located in a submarket with very high rental demand. The street is almost exclusively residential and features primarily small apartment buildings. The subject property offers easy access to both the 710 and 405 freeways, making it an advantageous location for residents looking to commute to LA or Orange County. Public transportation is very accessible from the property and tenants have the ability to walk to many different amenities nearby.
Last Agent to Sell the Property
Jack Levis
CBRE Inc. License #01886278 Listed on: 03/30/2015
Last Buyer's Agent
Jack Levis
CBRE Inc. License #01886278 Listed on: 03/30/2015
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,492 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Landscaped
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- 5,380 Sq Ft Home
- Property Attached
- Shingle Roof
- Partial Copper Plumbing
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Balcony
- Sewer Paid
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 7269012024
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Insurance Expense $1,645
- Maintenance Expense $4,177
- Professional Management Expense $3,653
- Water Sewer Expense $4,634
- New Taxes Expense $12,259
- Gross Income $7,610
- Net Operating Income $59,227
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
Apr 24, 2017
Sold by
1542 Pine Ave Llc
Bought by
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
$1,045,000
Interest Rate
4.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 17, 2015
Sold by
Verduzco Juventino and The Family Trust Of Juventino
Bought by
1542 Pine Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 22, 2008
Sold by
Verduzco Juventino
Bought by
Verduzco Juventino and Family Trust Of Juventino Verd
Purchase Details
Closed on
Mar 14, 2006
Sold by
Verduzco Maria De Jesus
Bought by
Verduzco Juventino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.18%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 9, 2006
Sold by
Ramelow Lisa
Bought by
Verduzco Juventino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.18%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 20, 1998
Sold by
Everest Financial
Bought by
Ramelow Lisa
Purchase Details
Closed on
Oct 2, 1996
Sold by
Olson W James
Bought by
Everest Financial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington School, CA
-
Poupee Komenkul
-
Melissa Barlow
Melissa Barlow
Responds QuicklyElite Representation Real Estate
(424) 704-9071
44 Total Sales
1 in Washington School
$1,150,000 Price
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Washington School
$610,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
119 Total Sales
1 in Washington School
$505,000 Price
-
Teriann McKenna
Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Washington School
$253,000 Price
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
144 Total Sales
1 in Washington School
$663,000 Price
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 |
|---|---|---|---|
| $1,395,000 | Provident Title Company | ||
| 1542 Pine Ave Llc | $965,000 | First American Title Ins Co | |
| Verduzco Juventino | -- | None Available | |
| Verduzco Juventino | -- | First American Title Co | |
| Verduzco Juventino | $830,000 | First American Title | |
| Ramelow Lisa | -- | -- | |
| Everest Financial | -- | -- |
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 |
|---|---|---|---|
| Open | $1,438,500 | ||
| Closed | 1542 Pine Avenue Llc | $1,139,000 | |
| Previous Owner | 1542 Pine Avenue Llc | $1,045,000 | |
| Previous Owner | 1542 Pine Ave Llc | $705,000 | |
| Previous Owner | Verduzco Juventino | $664,000 |
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 |
|---|---|---|---|---|
| 06/19/2015 06/19/15 | Sold | $965,000 | -2.0% | $179 / Sq Ft |
| 04/20/2015 04/20/15 | Pending | -- | -- | -- |
| 03/30/2015 03/30/15 | For Sale | $985,000 | -- | $183 / 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 |
|---|---|---|---|---|
| 2026 | $22,115 | $1,651,393 | $591,897 | $1,059,496 |
| 2025 | $22,115 | $1,619,014 | $580,292 | $1,038,722 |
| 2024 | $21,142 | $1,587,269 | $568,914 | $1,018,355 |
| 2023 | $20,782 | $1,556,147 | $557,759 | $998,388 |
| 2022 | $19,516 | $1,525,635 | $546,823 | $978,812 |
| 2021 | $19,111 | $1,495,721 | $536,101 | $959,620 |
| 2019 | $18,839 | $1,452,238 | $520,200 | $932,038 |
| 2018 | $18,314 | $1,423,780 | $510,000 | $913,780 |
| 2016 | $12,358 | $979,715 | $355,337 | $624,378 |
| 2015 | $10,186 | $815,000 | $520,400 | $294,600 |
| 2014 | $9,018 | $700,000 | $447,000 | $253,000 |
Source: Public Records
Agents Affiliated with this Home
-
JL
Seller's Agent in 2015
Jack Levis
CBRE Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15065729
APN: 7269-012-024
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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