NOT LISTED FOR SALE

1626 Pine Ave Long Beach, CA 90813

Washington School Neighborhood
3 Beds
2 Baths
7,780 Sq Ft
7,492 Sq Ft Lot

Last Sold January 22, 2016

Last sale price $1,650,000 $212 Per Sq Ft

16 Days on Market

About This Home

As of January 2016

Apartment building in Long Beach, 100% occupied. 12: 1 Bedroom units. 2: 2 Bedroom units. Some of the units have been remodeled.

Last Agent to Sell the Property

Ryan Lusk

First Team Real Estate License #01882596 Listed on: 10/24/2015

First Team Real Estate

Last Buyer's Agent

Kevin King

Marcus & Millichap License #01158184

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,492 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Car Garage

Home Design

  • 7,780 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • 14 Units
  • Gross Income $12,085

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3
  • Assessor Parcel Number 7269011003

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

7

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Property Type: Residential Income
  • Parcel Number: 7269011003
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 212.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7492.00
  • Price Per Lot Square Foot: 220.23
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 12085.00
  • Gross Scheduled Income: 145020.00
  • Lot Size Area: 7492.0000 Square Feet
  • Number Of Units Total: 14
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 3

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2016 01/22/16 Sold $1,650,000 0.0% $212 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $1,650,000 +46.0% $212 / Sq Ft
03/29/2013 03/29/13 Sold $1,130,000 -5.4% $145 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $1,195,000 -- $154 / 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 $34,357 $2,621,466 $892,413 $1,729,053
2024 $34,357 $2,570,065 $874,915 $1,695,150
2023 $33,759 $2,519,672 $857,760 $1,661,912
2022 $31,698 $2,470,268 $840,942 $1,629,326
2021 $31,035 $2,421,832 $824,453 $1,597,379
2020 $30,955 $2,397,000 $816,000 $1,581,000
2019 $30,589 $2,350,000 $800,000 $1,550,000
2018 $22,850 $1,727,064 $520,200 $1,206,864
2016 $15,424 $1,175,465 $416,094 $759,371
2015 $14,833 $1,157,809 $409,844 $747,965
2014 $14,792 $1,135,130 $401,816 $733,314
Source: Public Records

Agents Affiliated with this Home

  • Ryan Lusk

    Seller's Agent in 2016

    Ryan Lusk

    First Team Real Estate

    (562) 438-1132

    16 Total Sales

    Ryan Lusk
    Section Image
  • Kevin King

    Buyer's Agent in 2016

    Kevin King

    Marcus & Millichap

    (562) 257-1245

    41 Total Sales

    Kevin King
    Section Image
  • Chuck Lundie

    Seller's Agent in 2013

    Chuck Lundie

    AOA Commercial Brkrge

    (818) 988-9200

    4 Total Sales

    Chuck Lundie
    Section Image

  • T

    Buyer's Agent in 2013

    Timothy Lewis

    Elliot Lewis, Broker

    (562) 221-9392

    1 Total Sale

    Timothy Lewis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15232589

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90813 Washington School

1626 Pine Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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.

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