E
Seller's Agent in 2015
Eliazandy Salas
Rigby & Associates R.E. Svc.
(714) 353-3607
51 Total Sales
1628 Chestnut Ave Long Beach, CA 90813
Washington School Neighborhood
12
Beds
5
Baths
4,375
Sq Ft
7,502
Sq Ft Lot
Highlights
- All Bedrooms Downstairs
- Traditional Architecture
- Private Yard
- Recreation Room
- Wood Flooring
- No HOA
About This Home
As of December 2015Priced to sell $698K ** Fair Market Value $750K+..** **room to do your repairs!!**. Rents can cover your Mortgage Payments. Excellent investment opportunity with this great 4 Units **STANDARD SALE* The building is situated on a large 7,502 sq ft lot and is near to Pacific Coast Hwy and 710 Fwy. Quadruplex with 3 bedrooms one bath each, Unit # 1628 located downstairs has 2 full baths with laundry hookups. Units are separately metered for gas and electric and have individual water heaters. Each Unit has detached and separated car garage. The rents are under market and are not subject to rent control. Permitted construction as a recreation room above garages needs work. With some building repairs there is a big upside potential in the rents. Property sold "as-is", with no seller repairs/credits and no termite work. **Quick response to all offers. Hurry, will sell fast!** PLEASE DO NOT WALK THE PROPERTY OR DISTURB TENANTS. THE TENANTS ARE NOT AWARE THE PROPERTY IS ON THE MARKET. All pictures posted in MLS are actual.
Last Agent to Sell the Property
Rigby & Associates R.E. Svc. License #01379589 Listed on: 06/20/2015
Last Buyer's Agent
Rigby & Associates R.E. Svc. License #01379589 Listed on: 06/20/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,083
Year Built
- Built in 1925
Lot Details
- 7,502 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Cross Fenced
- Fence is in average condition
- Landscaped
- Level Lot
- No Sprinklers
- Private Yard
- On-Hand Building Permits
Parking
- 4 Car Garage
- On-Street Parking
Home Design
- Traditional Architecture
- Patio Home
- Property Attached
- Combination Foundation
- Permanent Foundation
- Fire Rated Drywall
- Composition Roof
Interior Spaces
- 4,375 Sq Ft Home
- 2-Story Property
- Recreation Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 12 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Gas And Electric Dryer Hookup
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- No Interior Steps
- More Than Two Accessible Exits
Outdoor Features
- Living Room Balcony
- Exterior Lighting
Location
- Urban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 3
- Tax Tract Number 5754
- Assessor Parcel Number 7269039004
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Service Entrance
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $7,080
- New Taxes Expense $7,812
- Gross Income $4,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2015
Closed on
Dec 19, 2015
Sold by
Gomez Herbert
Bought by
Obrien William and Zhu Jie
Seller's Agent
Eliazandy Salas
Rigby & Associates R.E. Svc.
Buyer's Agent
Eliazandy Salas
Rigby & Associates R.E. Svc.
List Price
$698,000
Sold Price
$700,000
Premium/Discount to List
$2,000
0.29%
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
$632,801
Avg. Annual Appreciation
6.88%
Original Mortgage
$490,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 11, 2014
Closed on
Oct 21, 2014
Sold by
Zamora Jorge
Bought by
Gomez Herbert and Galvez Jorge C
Seller's Agent
Eliazandy Salas
Rigby & Associates R.E. Svc.
Buyer's Agent
Eliazandy Salas
Rigby & Associates R.E. Svc.
List Price
$760,000
Sold Price
$625,000
Premium/Discount to List
-$135,000
-17.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$613,679
Interest Rate
3.92%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 2, 2013
Sold by
Ibarra Maria Y
Bought by
Ibarra Juan Manuel
Purchase Details
Closed on
Oct 22, 2008
Sold by
Zamora Jorge and Zamora Guillermina
Bought by
Ibarra Maria Yolanda
Purchase Details
Closed on
Oct 5, 2005
Sold by
Ramirez Maria
Bought by
Zamora Jorge and Zamora Guillermina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
5.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 2003
Sold by
Marin Jessica S
Bought by
Marin Nicholas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 4, 1999
Sold by
Eleopoulos James E
Bought by
Ramirez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,343
Interest Rate
8.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 4, 1999
Sold by
Springer Alan H and Springer Elaine G
Bought by
Eleopoulos James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 11, 1999
Sold by
Sanchez Sonia
Bought by
The Springer Family Trust and The George Ream Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 3, 1998
Sold by
Sanchez Sonia
Bought by
Sanchez Palemon M
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 | $700,000 | Usa National Title Co | |
| Grant Deed | $625,000 | Title 365 | |
| Grant Deed | -- | Title 365 | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $196,500 | Stewart Title Of California | |
| Grant Deed | -- | Financial Title Company | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | $325,000 | Old Republic Title Company | |
| Grant Deed | $148,000 | -- | |
| Trustee Deed | $150,102 | American Title Co | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Closed | $490,000 | Commercial | |
| Previous Owner | $613,679 | FHA | |
| Previous Owner | $499,000 | Commercial | |
| Previous Owner | $333,700 | Commercial | |
| Previous Owner | $322,343 | Commercial | |
| Previous Owner | $142,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2015 12/31/15 | Sold | $700,000 | +0.3% | $160 / Sq Ft |
| 12/18/2015 12/18/15 | Pending | -- | -- | -- |
| 06/20/2015 06/20/15 | For Sale | $698,000 | +11.7% | $160 / Sq Ft |
| 11/14/2014 11/14/14 | Sold | $625,000 | -17.8% | $143 / Sq Ft |
| 10/22/2014 10/22/14 | Pending | -- | -- | -- |
| 02/16/2014 02/16/14 | For Sale | $760,000 | -- | $174 / 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 | $11,083 | $828,652 | $355,136 | $473,516 |
| 2024 | $11,083 | $812,405 | $348,173 | $464,232 |
| 2023 | $10,897 | $796,477 | $341,347 | $455,130 |
| 2022 | $10,245 | $780,860 | $334,654 | $446,206 |
| 2021 | $10,024 | $765,550 | $328,093 | $437,457 |
| 2020 | $9,997 | $757,701 | $324,729 | $432,972 |
| 2019 | $9,882 | $742,845 | $318,362 | $424,483 |
| 2018 | $9,536 | $728,280 | $312,120 | $416,160 |
| 2016 | $8,759 | $700,000 | $300,000 | $400,000 |
| 2015 | $7,681 | $625,000 | $200,000 | $425,000 |
| 2014 | $8,976 | $730,092 | $472,722 | $257,370 |
Source: Public Records
Agents Affiliated with this Home
-
Eliazandy Salas
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15137542
APN: 7269-039-004
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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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