L
Seller's Agent in 2024
Linda Ethier
Linda Ethier, Broker
(562) 833-3626
1 in this area
10 Total Sales
1629 E Broadway Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated Value: $1,550,169 - $1,718,000
4
Beds
4
Baths
3,496
Sq Ft
$466/Sq Ft
Est. Value
Highlights
- 0.09 Acre Lot
- No HOA
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Side by Side Parking
- Drip System Landscaping
About This Home
As of April 2024Stellar quadruplex in the heart of Alamitos Beach. Photos speak for themselves! Recently painted in the last year, along with newer windows throughout and drought tolerant landscaping. There are 2 single car garages detached off the back and allow for 1-2 parking spaces just outside of them. Each unit occupies an entire quadrant of the building, so these units are a great size. Potential to do some work above the garages to renovate the space and make it usable, like our northern neighbor did.
Last Agent to Sell the Property
Linda Ethier, Broker Brokerage Phone: 562-833-3626 License #00669385 Listed on: 02/20/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 3,756 Sq Ft Lot
- Two or More Common Walls
- Drip System Landscaping
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Side by Side Parking
- Single Garage Door
- Driveway Up Slope From Street
- Shared Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
- Mixed Roof Materials
Interior Spaces
- 4 Bedrooms
- 3,496 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
Flooring
- Carpet
- Laminate
- Vinyl
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Wall Furnace
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 9 / 103
- Tax Tract Number 12
- Assessor Parcel Number 7275012012
- $837 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Alamitos Beach Subdivision
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $300
- Insurance Expense $1,600
- Professional Management Expense $1,200
- Trash Expense $239
- Water Sewer Expense $685
- New Taxes Expense $10,748
- Operating Expense $14,772
- Gross Income $82,200
- Net Operating Income $67,428
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
Mar 5, 2024
Sold by
Bruce and Tracy
Bought by
Enki And/Or Nominees Llc
Seller's Agent
Linda Ethier
Linda Ethier, Broker
Buyer's Agent
Cody Ethier
Linda Ethier, Broker
List Price
$16,000,000
Sold Price
$1,600,000
Premium/Discount to List
-$14,400,000
-90%
Views
33
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
$27,792
Avg. Annual Appreciation
1.02%
Original Mortgage
$850,000
Outstanding Balance
$836,513
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Estimated Equity
$791,279
Purchase Details
Closed on
Aug 6, 2015
Sold by
Tavaglione Frank
Bought by
Bruce Chad and Bruce Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 5, 2015
Sold by
Tavaglione Frank
Bought by
Tavaglione Frank and Frank Tavaglione 2009 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 9, 2009
Sold by
Fox Jerald H and Tavaglione Frank
Bought by
Fox Jerald H and Jerald H Fox 2009 Trust
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 |
|---|---|---|---|
| Enki And/Or Nominees Llc | $1,600,000 | Monarch Title | |
| Bruce Chad | $700,000 | First American Title Company | |
| Tavaglione Frank | -- | None Available | |
| Fox Jerald H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Enki And/Or Nominees Llc | $850,000 | |
| Previous Owner | Bruce Chad | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $1,600,000 | -90.0% | $458 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/20/2024 02/20/24 | For Sale | $16,000,000 | -- | $4,577 / 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 | $10,934 | $1,632,000 | $979,200 | $652,800 |
| 2024 | $10,934 | $812,405 | $580,291 | $232,114 |
| 2023 | $10,748 | $796,476 | $568,913 | $227,563 |
| 2022 | $10,097 | $780,859 | $557,758 | $223,101 |
| 2021 | $9,882 | $765,549 | $546,822 | $218,727 |
| 2019 | $9,741 | $742,845 | $530,604 | $212,241 |
| 2018 | $9,459 | $728,280 | $520,200 | $208,080 |
| 2016 | $8,693 | $700,000 | $500,000 | $200,000 |
| 2015 | $4,053 | $307,578 | $76,042 | $231,536 |
| 2014 | $4,044 | $301,554 | $74,553 | $227,001 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Ethier
-
Cody Ethier
Seller Co-Listing Agent in 2024
Cody Ethier
Linda Ethier, Broker
(562) 548-0208
1 in this area
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24029921
APN: 7275-012-012
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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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