1602 Pine Ave Long Beach, CA 90813
Washington School Neighborhood
6
Beds
4
Baths
1,628
Sq Ft
4,956
Sq Ft Lot
Highlights
- All Bedrooms Downstairs
- Bonus Room
- No HOA
- Long Beach Polytechnic High School Rated A
- Corner Lot
- Double Pane Windows
About This Home
As of August 2022Don't miss the opportunity to purchase this amazing investment property with a turnkey condition, close to downtown Long Beach, shopping centers, schools and public transportations.
This property has two separate buildings with total living square feet: 1,628SF and lot size: 4,956SF.
The front unit has 3 beds and 1.5 baths with a large attic for bonus rooms. There is a stairway to the attic.
The back unit originally had 1 bed and 1 bath, but now it turned into two beds and one bath upstairs and downstairs storage was converted into one bed and 3/4 bath. This property has two car garages with additional parking for 7 cars on the side.
This corner lot property has so many kinds of fruit trees and more.
Last Agent to Sell the Property
Berkshire Hathaway H.S.C.P. License #02023761 Listed on: 05/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,880
Year Built
- Built in 1913
Lot Details
- 4,956 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Wood Fence
- Brick Fence
- Corner Lot
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Duplex
- Turnkey
- Shingle Roof
Interior Spaces
- 1,628 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Blinds
- Bonus Room
- Laminate Flooring
- Attic Fan
Kitchen
- Gas Range
- Ice Maker
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- No Heating
- Standard Electricity
- Water Heater
Listing and Financial Details
- Legal Lot and Block 6 / 1
- Tax Tract Number 1
- Assessor Parcel Number 7269011006
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 60 Separate Electric Meters
- 65 Separate Gas Meters
- Electric Expense $960
- Fuel Expense $781
- Insurance Expense $1,500
- Trash Expense $720
- Water Sewer Expense $840
- Operating Expense $4,020
- Gross Income $13,700
- Net Operating Income $13,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2022
Closed on
Aug 24, 2022
Sold by
Long and Erika
Bought by
Herrera Jeannette and Martinez Adelberto
Seller's Agent
Sopheak Tuon
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Rossy Dodge
Ricci Realty
List Price
$960,000
Sold Price
$899,999
Premium/Discount to List
-$60,001
-6.25%
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
$60,925
Avg. Annual Appreciation
3.34%
Original Mortgage
$883,697
Outstanding Balance
$847,131
Interest Rate
5.51%
Mortgage Type
FHA
Estimated Equity
$143,619
Purchase Details
Closed on
Jul 19, 2017
Sold by
Long Jesse and Long Erika
Bought by
Long Jesse and Long Erika
Purchase Details
Closed on
May 4, 2017
Sold by
Long Jesse
Bought by
Long Jesse and Long Erika
Purchase Details
Closed on
Feb 24, 2017
Sold by
En Andrew
Bought by
Long Jesse
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2008
Sold by
Us Bank Na
Bought by
Long Jesse and En Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,824
Interest Rate
6.41%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 3, 2008
Sold by
Lopez Maria A
Bought by
Us Bank Na and Mortgage Pass Through Certificates Serie
Purchase Details
Closed on
Aug 12, 2002
Sold by
Lay Kry and Lay Phansuna
Bought by
Lopez Maria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.25%
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $900,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $335,000 | California Title Company | |
| Trustee Deed | $436,050 | Accommodation | |
| Grant Deed | $225,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $883,697 | FHA | |
| Previous Owner | $293,500 | New Conventional | |
| Previous Owner | $301,000 | New Conventional | |
| Previous Owner | $329,824 | FHA | |
| Previous Owner | $650,000 | Unknown | |
| Previous Owner | $548,000 | Unknown | |
| Previous Owner | $405,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $346,500 | Unknown | |
| Previous Owner | $36,476 | Unknown | |
| Previous Owner | $247,500 | Unknown | |
| Previous Owner | $191,250 | No Value Available | |
| Closed | $22,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $899,999 | 0.0% | $553 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 05/16/2022 05/16/22 | Price Changed | $899,999 | -6.3% | $553 / Sq Ft |
| 05/07/2022 05/07/22 | For Sale | $960,000 | -- | $590 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,880 | $936,360 | $624,240 | $312,120 |
| 2024 | $11,880 | $918,000 | $612,000 | $306,000 |
| 2023 | $11,682 | $900,000 | $600,000 | $300,000 |
| 2022 | $5,749 | $443,847 | $254,976 | $188,871 |
| 2021 | $5,631 | $435,145 | $249,977 | $185,168 |
| 2020 | $5,617 | $430,684 | $247,414 | $183,270 |
| 2019 | $5,552 | $422,240 | $242,563 | $179,677 |
| 2018 | $5,336 | $413,961 | $237,807 | $176,154 |
| 2016 | $4,521 | $364,414 | $261,075 | $103,339 |
| 2015 | $4,342 | $358,941 | $257,154 | $101,787 |
| 2014 | $3,967 | $321,000 | $222,100 | $98,900 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2022
Sopheak Tuon
Berkshire Hathaway H.S.C.P.
(562) 234-5042
1 in this area
8 Total Sales
-
R
Buyer's Agent in 2022
Rossy Dodge
Ricci Realty
(714) 779-9090
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS22091871
APN: 7269-011-006
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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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