NOT LISTED FOR SALE

1615 E 2nd St Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $1,293,000 - $1,448,000

2 Beds
3 Baths
2,100 Sq Ft
$643/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2021

Last sale price $1,175,000 $560 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,709 / mo

Highlights

  • 0.08 Acre Lot
  • Laundry Room
  • Front Yard
  • Long Beach Polytechnic High School Rated A

About This Home

As of May 2021

Four units in Alamitos Beach. SOLD DURING PROCESSING.

Last Agent to Sell the Property

Natasha Schultheis

Coldwell Banker Realty License #01277420 Listed on: 05/13/2021

Coldwell Banker Realty

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420 Listed on: 05/13/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 3,698 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 2,100 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 7 / 92
  • Assessor Parcel Number 7265013030

Community Details

Overview

  • 4 Units
  • Alamitos Beach Subdivision

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,345
  • Water Sewer Expense $1,200
  • New Taxes Expense $14,687
  • Operating Expense $17,232
  • Gross Income $66,900
  • Net Operating Income $49,668

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

3,698 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR4R
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7265013030
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 559.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3698.00
  • Lot Size Acres: 0.0849

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Income: 66900.00
  • Gross Scheduled Income: 66900.00
  • Insurance Expense: 1345.00
  • Lot Size Area: 3698.0000 Square Feet
  • Net Operating Income: 49668.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17232.00
  • Rent Control: Yes
  • Total Expenses: 17232.00

Tax Info

  • New Taxes Expense: 14687.00
  • Tax Block: 92
  • Tax Census Tract: 5766.02
  • Tax Lot: 7

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
Nov 3, 2021
Sold by
Bought by
Current Estimated Value
$1,350,698

Purchase Details

Closed on
Oct 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2017
Closed on
Aug 24, 2017
Sold by
Bought by
Seller's Agent
AJ Nay
Maverick Apartment Investments
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$442,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2017
Closed on
Jun 6, 2017
Sold by
Bought by
Seller's Agent
AJ Nay
Maverick Apartment Investments
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$895,000
Sold Price
$885,000
Premium/Discount to List
-$10,000
-1.12%
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

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
-- None Listed On Document
-- None Available
-- Multiple
$885,000 None Available
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
Previous Owner $442,000
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 Prior Sale
05/14/2021 05/14/21 Sold $1,175,000 0.0% $560 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $1,175,000 +32.8% $560 / Sq Ft
06/28/2017 06/28/17 Sold $885,000 -1.1% $412 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $895,000 0.0% $417 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $895,000 -- $417 / 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
2025 $16,951 $1,271,855 $893,005 $378,850
2024 $16,213 $1,246,918 $875,496 $371,422
2023 $15,938 $1,222,470 $858,330 $364,140
2022 $14,955 $1,198,500 $841,500 $357,000
2021 $11,967 $948,897 $643,320 $305,577
2020 $11,937 $939,708 $636,724 $302,984
2019 $11,796 $921,294 $624,240 $297,054
2018 $11,493 $903,240 $612,000 $291,240
2016 $3,699 $272,515 $72,990 $199,525
2015 $3,561 $268,422 $71,894 $196,528
2014 $3,556 $263,165 $70,486 $192,679
Source: Public Records

Agents Affiliated with this Home

  • Natasha Schultheis

    Seller's Agent in 2021

    Natasha Schultheis

    Coldwell Banker Realty

    (562) 308-8275

    1 in this area

    41 Total Sales

    Natasha Schultheis
    Section Image

  • A

    Seller's Agent in 2017

    AJ Nay

    Maverick Apartment Investments

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21101898

California Regional Multiple Listing Service (CRMLS)

APN: 7265-013-030

California Los Angeles County Long Beach 90802 Alamitos Beach

1615 E 2nd St, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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