Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
1 in North Alamitos Beach
$383,000 Price
1621 E 5th St Long Beach, CA 90802
North Alamitos Beach Neighborhood
14
Beds
14
Baths
1
Sq Ft
6,746
Sq Ft Lot
Highlights
- 0.15 Acre Lot
- No HOA
- Laundry Facilities
- Long Beach Polytechnic High School Rated A
- Accessible Parking
- 4-minute walk to Miracle On Fourth Street Park
About This Home
As of February 20248-UNIT BUILDING LESS THAN A MILE TO THE OCEAN in Alamitos Beach in Long Beach. You must drive by this 8-unit building of 2 bedrooms, and 2 baths each unit has its own balcony. Gated 12 parking spaces and a Laundry room on ground level with room to improve rents.
All 8 units are separately metered for Gas and Electricity. Units each have a comfortable layout with a master suite with an ensuite full bath then a second bedroom and another full bath in the hall. is in a great pocket neighborhood on 5th St. Built in '87 Well-maintain building fully occupied and the owner has invested in remodeled with floors, paint, appliances, etc. Top floor 4 units have cathedral ceilings for a very open feel. Great location minutes from the beach, restaurants, grocery stores, Retro Row on 4th Street (between Cherry and Junipero), close to Cal State Long Beach, Long Beach Community College 710 & 605 freeways, and transportation.
You will not find a better return for this condition of building. The building is virtually turn-key with an upside in rental income to boot! THE SELLER IS MOTIVATED AND ENTERTAINING ALL OFFERS!
Last Agent to Sell the Property
West Shores Realty, Inc. License #01715564 Listed on: 11/03/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 6,746 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 12 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 1 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Bathrooms
Additional Features
- Accessible Parking
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 7266021025
Community Details
Overview
- No Home Owners Association
- 8 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,276
- Operating Expense $29,856
- Gross Income $190,135
- Net Operating Income $160,279
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
Listed on
Nov 3, 2023
Closed on
Feb 15, 2024
Sold by
Bought by
Seller's Agent
Monica Esquivel
West Shores Realty, Inc.
Buyer's Agent
William Larson
First Team Real Estate
List Price
$2,500,000
Sold Price
$2,448,000
Premium/Discount to List
-$52,000
-2.08%
Views
505
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,339,800
Outstanding Balance
$1,304,342
Interest Rate
6.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 2015
Sold by
Bought by
Purchase Details
Closed on
Oct 30, 2014
Sold by
Bought by
Purchase Details
Listed on
Jun 20, 2013
Closed on
Jun 3, 2013
Sold by
Bought by
Seller's Agent
Nancy Deprez
Vista Sotheby's Int'l Realty
Buyer's Agent
Monica Esquivel
Keller Williams Pacific Estates
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 6, 2012
Sold by
Bought by
Purchase Details
Closed on
Apr 16, 2007
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
$800,000
Interest Rate
6.13%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 3, 2007
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
$800,000
Interest Rate
6.13%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 27, 2007
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
$800,000
Interest Rate
6.13%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 18, 2004
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
$690,000
Interest Rate
5.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 29, 2004
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
$690,000
Interest Rate
5.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 12, 2001
Sold by
Bought by
Purchase Details
Closed on
Jan 1, 2001
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
$350,000
Interest Rate
7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 22, 1999
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
$227,500
Interest Rate
7.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 22, 1995
Sold by
Bought by
Purchase Details
Closed on
Nov 29, 1995
Sold by
Bought by
Purchase Details
Closed on
Oct 4, 1995
Sold by
Bought by
Purchase Details
Closed on
Oct 24, 1994
Sold by
Bought by
Purchase Details
Closed on
Jul 27, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Alamitos Beach, CA
-
Ramon Sanchez
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
179 Total Sales
4 in North Alamitos Beach
$281K - $805K Price Range
-
Aaron Aalcides
Aaron Aalcides
Epique Realty
(424) 344-4752
61 Total Sales
2 in North Alamitos Beach
$505,000 Price Range
-
Alan Cirson
Alan Cirson
The Cirson Team
(949) 569-5527
65 Total Sales
1 in North Alamitos Beach
$485,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
3 in North Alamitos Beach
$528K - $1M Price Range
-
Angie Rebennack
Angie Rebennack
Responds QuicklyKeller Williams Pacific Estate
(669) 267-1339
56 Total Sales
2 in North Alamitos Beach
$441K - $624K Price Range
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 |
|---|---|---|---|
| $2,436,000 | Lawyers Title | ||
| -- | None Available | ||
| -- | None Available | ||
| $1,176,000 | Ticor Title | ||
| -- | None Available | ||
| -- | Accommodation | ||
| $1,160,000 | Chicago Title Co | ||
| -- | None Available | ||
| -- | First Southwestern Title Co | ||
| $920,000 | First Southwestern Title Co | ||
| -- | North American Title Co | ||
| -- | North American Title Co | ||
| $325,000 | Fidelity Title | ||
| -- | North American Title Co | ||
| -- | North American Title Co | ||
| -- | North American Title Co | ||
| $124,500 | North American Title Co | ||
| $249,000 | North American Title Company |
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 | $1,339,800 | ||
| Previous Owner | $475,000 | ||
| Previous Owner | $800,000 | ||
| Previous Owner | $690,000 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $227,500 |
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 |
|---|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | $2,448,000 | -2.1% | $2,448,000 / Sq Ft | |
| 02/06/2024 02/06/24 | Price Changed | $2,500,000 | 0.0% | $2,500,000 / Sq Ft | |
| 02/06/2024 02/06/24 | For Sale | $2,500,000 | 0.0% | $2,500,000 / Sq Ft | |
| 11/03/2023 11/03/23 | For Sale | $2,500,000 | +108.3% | $2,500,000 / Sq Ft | |
| 07/18/2013 07/18/13 | Sold | $1,200,000 | 0.0% | $206 / Sq Ft | View Prior Sale |
| 06/04/2013 06/04/13 | Pending | -- | -- | -- | |
| 05/12/2013 05/12/13 | For Sale | $1,200,000 | -- | $206 / 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 | $33,209 | $2,484,720 | $1,617,720 | $867,000 |
| 2024 | $19,129 | $1,413,338 | $985,493 | $427,845 |
| 2023 | $18,799 | $1,385,626 | $966,170 | $419,456 |
| 2022 | $17,661 | $1,358,458 | $947,226 | $411,232 |
| 2021 | $17,283 | $1,331,822 | $928,653 | $403,169 |
| 2019 | $17,036 | $1,293,120 | $901,109 | $392,011 |
| 2018 | $16,555 | $1,267,782 | $883,441 | $384,341 |
| 2017 | $16,380 | $1,242,140 | $866,119 | $376,021 |
| 2016 | $15,224 | $1,217,786 | $849,137 | $368,649 |
| 2015 | $14,623 | $1,199,495 | $836,383 | $363,112 |
| 2014 | $14,546 | $1,176,000 | $820,000 | $356,000 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Esquivel
Seller's Agent in 2024
Monica Esquivel
West Shores Realty, Inc.
(310) 541-8000
1 in this area
17 Total Sales
-
William Larson
Buyer's Agent in 2024
William Larson
First Team Real Estate
(866) 525-3656
3 in this area
21 Total Sales
-
Nancy Deprez
Seller's Agent in 2013
Nancy Deprez
Vista Sotheby's Int'l Realty
(310) 739-8272
2 in this area
119 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23204691
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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