Seller's Agent in 2021
Richard Daskam
eXp Realty of California Inc
(562) 857-1965
1 in this area
105 Total Sales
1609 E Florida St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,390,609 - $1,706,000
8
Beds
4
Baths
3,258
Sq Ft
$474/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Ceramic Countertops
- Long Beach Polytechnic High School Rated A
- Neighborhood Views
- 1-minute walk to Miracle On Fourth Street Park
About This Home
As of September 2021Location-Location! Less than 4 blocks to the beach! Check out the Walking Score of 91. You can't find a building surrounded with so much activities and places to go, while be located on a quiet, one-way street. There are 4 Two-Bedroom One-Bathroom units. The downstairs units have some updating, hardwood floors, and back doors to the large patio area and community laundry. The Upstairs units feature carpet throughout, and access to the shared front balcony. One downstairs unit will be turning over at end of October. Other 3 tenants have been living in building for multiple years. All tenants are on a month-to-month agreement. Laundry equipment is owned and will convey with property. Appliances have been replaced as needed in each unit. Halogen lighting installed installed throughout about 5 yrs ago, though some have been replaced since. Downstairs units were occupied by a prior owner and updated during his ownership. Building has routine pest control and was tented in 2019. Don't miss out on this opportunity for a great, easy to own and operate 4 unit building. Currently, state rent control and Covid 19 restrictions apply. All tenants month to month
Last Agent to Sell the Property
eXp Realty of California Inc License #01091037 Listed on: 06/05/2021
Co-Listed By
Janine Attema-Schonert
eXp Realty of California Inc License #01409308
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 3,223 Sq Ft Lot
- No Common Walls
- South Facing Home
- Block Wall Fence
- No Sprinklers
Home Design
- Quadruplex
- Flat Roof Shape
- Frame Construction
- Stucco
Interior Spaces
- 3,258 Sq Ft Home
- 2-Story Property
- Living Room Balcony
- Neighborhood Views
- Termite Clearance
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
- Ceramic Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 8
- Tax Tract Number 2
- Assessor Parcel Number 7275016009
Community Details
Overview
- No Home Owners Association
- 4 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Fuel Expense $300
- Gardener Expense $480
- Insurance Expense $900
- Pest Control $1,080
- Trash Expense $296
- Water Sewer Expense $2,700
- New Taxes Expense $15,600
- Operating Expense $21,372
- Gross Income $13,400
- Net Operating Income $73,194
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2021
Closed on
Sep 8, 2021
Sold by
Bright Family Revocable Trust and Daskam Family Revocable Trust
Bought by
K & J Apartments Llc
Seller's Agent
Richard Daskam
Circle Real Estate
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$1,300,000
Sold Price
$1,320,000
Premium/Discount to List
$20,000
1.54%
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
$225,902
Avg. Annual Appreciation
3.77%
Original Mortgage
$630,000
Outstanding Balance
$568,587
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$977,315
Purchase Details
Closed on
Jun 30, 2021
Sold by
Daskam Family Revocable Trust and Daskam Richard Lloyd
Bought by
Bright Family Revocable Trust and Bright
Purchase Details
Closed on
Sep 23, 2015
Sold by
Daskam Richard Lloyd and Daskam Michelle Renee
Bought by
Daskam Family Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2013
Sold by
Daskam Richard L and Daskam Michelle R
Bought by
Daskam Richard Lloyd and Daskam Michelle Renee
Purchase Details
Closed on
Jun 1, 2010
Sold by
Daskam Richard L and Daskam Michelle R
Bought by
Daskam Richard L and Daskam Michelle R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,000
Interest Rate
4.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2008
Sold by
Daskam Richard L and Daskam Michelle R
Bought by
Daskam Richard L and Daskam Michelle R
Purchase Details
Closed on
Dec 5, 2007
Sold by
Montoya Jan Andre
Bought by
Daskam Richard L and Daskam Michelle R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 2, 2004
Sold by
Montoya Jan Andre and Montoya Ludmila
Bought by
Montoya Jan Andre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2002
Sold by
Mustapha Hannah
Bought by
Montoya Jan Andre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
6.89%
Purchase Details
Closed on
Sep 12, 2000
Sold by
Caro David Leonardo and Moreno Hector A
Bought by
Mustapha Hannah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,547
Interest Rate
7.96%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 20, 1999
Sold by
Ocwen Financial Services Inc
Bought by
Leonardo David and Moreno Hector A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,193
Interest Rate
7.56%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 16, 1999
Sold by
Sharif Mohammad
Bought by
Ocwen Financial Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,193
Interest Rate
7.56%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 6, 1998
Sold by
Calvillo Jose and Calvillo Judith
Bought by
Phns Inc
Purchase Details
Closed on
Feb 3, 1998
Sold by
Phns Inc
Bought by
Sharif Mohammad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
10.5%
Purchase Details
Closed on
Jun 11, 1996
Sold by
Advanta Mtg Corp Usa
Bought by
Calvillo Jose and Calvillo Judith
Purchase Details
Closed on
Feb 8, 1996
Sold by
Richards Jose and Advanta Mtg Corp Usa
Bought by
Advanta Mtg Corp Usa
Purchase Details
Closed on
Mar 13, 1995
Sold by
Richards Jose
Bought by
Rendon Roger Reyes
Purchase Details
Closed on
Jul 27, 1994
Sold by
Goldcoast Bancorp
Bought by
Richards Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.25%
Purchase Details
Closed on
Oct 7, 1993
Sold by
American Svgs Bank Fa
Bought by
Gold Coast Bancorp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.29%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| K & J Apartments Llc | $1,320,000 | Fidelity National Title | |
| Bright Family Revocable Trust | -- | Fidelity National Title | |
| Daskam Family Revocable Trust | -- | Chicago Title Company | |
| Daskam Richard Lloyd | -- | Chicago Title Company | |
| Daskam Richard Lloyd | -- | None Available | |
| Daskam Richard L | -- | Accommodation | |
| Daskam Richard L | -- | None Available | |
| Daskam Richard L | -- | Orange Coast Title Co Of La | |
| Montoya Jan Andre | -- | -- | |
| Montoya Jan Andre | $398,000 | First American Title Co | |
| Mustapha Hannah | $300,000 | Southland Title Company | |
| Leonardo David | $221,000 | Chicago Title Co | |
| Ocwen Financial Services Inc | $220,000 | Chicago Title Co | |
| Phns Inc | $200,000 | Equity Title | |
| Sharif Mohammad | $275,000 | Equity Title | |
| Calvillo Jose | -- | Fidelity National Title Co | |
| Advanta Mtg Corp Usa | $120,600 | Fidelity National Title Ins | |
| Rendon Roger Reyes | -- | -- | |
| Richards Jose | $270,000 | North American Title Company | |
| Gold Coast Bancorp | $187,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | K & J Apartments Llc | $630,000 | |
| Previous Owner | Daskam Richard Lloyd | $542,000 | |
| Previous Owner | Daskam Richard L | $573,000 | |
| Previous Owner | Daskam Richard L | $588,000 | |
| Previous Owner | Montoya Jan Andre | $400,000 | |
| Previous Owner | Montoya Jan Andre | $318,400 | |
| Previous Owner | Mustapha Hannah | $297,547 | |
| Previous Owner | Leonardo David | $219,193 | |
| Previous Owner | Sharif Mohammad | $233,750 | |
| Previous Owner | Richards Jose | $202,500 | |
| Previous Owner | Gold Coast Bancorp | $184,000 | |
| Closed | Richards Jose | $27,000 | |
| Closed | Montoya Jan Andre | $59,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2021 09/17/21 | Sold | $1,320,000 | +1.5% | $405 / Sq Ft |
| 06/20/2021 06/20/21 | Pending | -- | -- | -- |
| 06/05/2021 06/05/21 | For Sale | $1,300,000 | -- | $399 / 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 | $18,670 | $1,400,794 | $848,966 | $551,828 |
| 2024 | $17,857 | $1,373,328 | $832,320 | $541,008 |
| 2023 | $17,556 | $1,346,400 | $816,000 | $530,400 |
| 2022 | $16,475 | $1,320,000 | $800,000 | $520,000 |
| 2021 | $9,462 | $732,971 | $349,217 | $383,754 |
| 2019 | $9,327 | $711,233 | $338,860 | $372,373 |
| 2018 | $9,066 | $697,288 | $332,216 | $365,072 |
| 2016 | $8,335 | $670,213 | $319,316 | $350,897 |
| 2015 | $8,005 | $660,147 | $314,520 | $345,627 |
| 2014 | $7,960 | $647,216 | $308,359 | $338,857 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Daskam
-
J
Seller Co-Listing Agent in 2021
Janine Attema-Schonert
eXp Realty of California Inc
-
Cody Charnell
Buyer's Agent in 2021
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
5 in this area
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21121486
APN: 7275-016-009
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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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