NOT LISTED FOR SALE

1565 Pine Ave Long Beach, CA 90813

Washington School Neighborhood

Estimated Value: $1,358,215 - $1,660,000

8 Beds
4 Baths
6,168 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $730,000 $118 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $9,041/month

107 Days on Market

About This Home

As of December 2014

Price reduced 150K Great investment opportunity! No Vacancies, lots of upsides on rent in a NO RENT CONTROL city of Long Beach. HUGE 6,168 Sq. Ft. building on a HUGE 7,464 Sq. Ft. lot! There are 4 garages. Don't miss this great investment opportunity! Expenses are estimated on 25%. Property being sold in "AS IS" condition.

Last Agent to Sell the Property

Kristina Moore

The Moore Group License #01926377 Listed on: 11/07/2014

Last Buyer's Agent

Miles Evans

Park Estates Realty License #00810763

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 7,464 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 6,168 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7
  • Assessor Parcel Number 7269007009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Gardener Expense $3,000
  • Insurance Expense $1,670
  • Trash Expense $900
  • Water Sewer Expense $900
  • Gross Income $4,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 7269007009
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 118.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7464.00
  • Lot Size Acres: 0.1710

Multi Family

  • Gross Income: 4900.00
  • Insurance Expense: 1670.00
  • Lot Size Area: 7464.0000 Square Feet
  • Number Of Rented Garages: 3
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense Percent: 25.00
  • Rent Control: No
  • Total Actual Rent: 4900.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 7
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Tucciarone Evans Miles A and Tucciarone Evans Rosemary
Bought by
Shylo Investments Llc
Current Estimated Value
$1,537,554

Purchase Details

Listed on
Nov 7, 2014
Closed on
Nov 19, 2014
Sold by
Cole Renwick Llc
Bought by
Tucclarone Evans Miles A and Tucclarone Evans Rosemary
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Miles Evans
Park Estates Realty
List Price
$875,000
Sold Price
$730,000
Premium/Discount to List
-$145,000
-16.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$484,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Mickles John L and Mickles Catrina L
Bought by
Cole Renwick Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 28, 2000
Sold by
Association For Fair Housing
Bought by
Mickles John L and Mickles Catrina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,053
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2000
Sold by
Hud
Bought by
Association For Fair Housing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
8.22%

Purchase Details

Closed on
Jan 24, 2000
Sold by
Crossland Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 4, 1999
Sold by
Marder Jacinto Paul and Marder Jacinto
Bought by
Crossland Mtg Corp

Purchase Details

Closed on
May 23, 1997
Sold by
Nunez Enrique
Bought by
Marder Jacinto Paul and Marder Jacinto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,418
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1997
Sold by
California Federal Bank Fsb
Bought by
Nunez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,418
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 1997
Sold by
Thorn Dennis D and California Fsla
Bought by
California Federal Bank Fsb and California Fsla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shylo Investments Llc -- None Available
Tucclarone Evans Miles A $730,000 Title 365
Cole Renwick Llc $950,000 Fidelity National Title Co
Mickles John L $303,000 United Title Company
Association For Fair Housing $175,000 --
Hud -- American Title
Crossland Mtg Corp $297,394 Lawyers Title Company
Marder Jacinto Paul $280,000 Southland Title Corporation
Nunez Enrique $167,000 South Coast Title
California Federal Bank Fsb $112,689 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tucclarone Evans Miles A $484,500
Previous Owner Cole Renwick Llc $665,000
Previous Owner Mickles John L $299,053
Previous Owner Association For Fair Housing $182,000
Previous Owner Marder Jacinto Paul $268,418
Previous Owner Nunez Enrique $137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $730,000 -16.6% $118 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $875,000 -- $142 / 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 $11,814 $877,341 $360,551 $516,790
2024 $11,814 $860,139 $353,482 $506,657
2023 $11,618 $843,274 $346,551 $496,723
2022 $10,928 $826,740 $339,756 $486,984
2021 $10,682 $810,531 $333,095 $477,436
2019 $10,531 $786,492 $323,216 $463,276
2018 $10,161 $771,072 $316,879 $454,193
2016 $9,315 $741,132 $304,575 $436,557
2015 $8,951 $730,000 $300,000 $430,000
2014 $8,723 $700,000 $370,000 $330,000
Source: Public Records

Agents Affiliated with this Home

  • Kristina Moore

    Seller's Agent in 2014

    Kristina Moore

    The Moore Group

    (714) 809-7608

    1 in this area

    26 Total Sales

    Kristina Moore
    Section Image

  • M

    Buyer's Agent in 2014

    Miles Evans

    Park Estates Realty

    (562) 430-5080

    28 Total Sales

    Miles Evans
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14178556

California Regional Multiple Listing Service (CRMLS)

APN: 7269-007-009

California Los Angeles County Long Beach 90813 Washington School

1565 Pine Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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