Seller's Agent in 2018
Richard Daskam
eXp Realty of California Inc
(562) 857-1965
110 Total Sales
163 Covina Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,842,000 - $2,038,000
6
Beds
4
Baths
2,622
Sq Ft
$750/Sq Ft
Est. Value
Highlights
- No HOA
- Double Pane Windows
- Heating System Uses Natural Gas
- Naples Bayside Academy Rated A
About This Home
As of May 2018Belmont Shore well maintained 4 unit building with parking and alley access! Newer windows/sliders, fully occupied with mostly long-term tenants. Unit mix consists of a Studio and three 2-bedroom units. Plus two 1-car garages!! Please drive by only. Located close to 2nd Street, the units are easy to rent at top dollar. You can't go wrong with this building!
Last Agent to Sell the Property
eXp Realty of California Inc License #01091037 Listed on: 03/14/2018
Last Buyer's Agent
eXp Realty of California Inc License #01091037 Listed on: 03/14/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,228
Year Built
- Built in 1963
Lot Details
- 2,494 Sq Ft Lot
- No Common Walls
- No Landscaping
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
Home Design
- Flat Roof Shape
Interior Spaces
- 2,622 Sq Ft Home
- 2-Story Property
- Double Pane Windows
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 7247006032
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $1,200
- Water Sewer Expense $2,400
- New Taxes Expense $18,000
- Operating Expense $23,100
- Gross Income $76,080
- Net Operating Income $52,980
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2025
Sold by
Steven And Dina Sokoloff Family Trust and Sokoloff Steven
Bought by
163 Covina Llc
Current Estimated Value
Purchase Details
Closed on
Nov 5, 2019
Sold by
Sokoloff Steven and Sokoloff Dina
Bought by
Sokoloff Steven and Sokoloff Dina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 14, 2018
Closed on
Mar 30, 2018
Sold by
Yokoyama Robin
Bought by
Sokoloff Steven Michael and Sokoloff Dina
Seller's Agent
Richard Daskam
eXp Realty of California Inc
Buyer's Agent
Richard Daskam
eXp Realty of California Inc
List Price
$1,499,500
Sold Price
$1,407,500
Premium/Discount to List
-$92,000
-6.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$1,055,625
Interest Rate
4.44%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| 163 Covina Llc | -- | None Listed On Document | |
| Sokoloff Steven | -- | None Available | |
| Sokoloff Steven Michael | $1,408,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sokoloff Steven | $933,000 | |
| Previous Owner | Sokoloff Steven Michael | $1,055,625 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2018 05/15/18 | Sold | $1,407,500 | -6.1% | $537 / Sq Ft |
| 03/26/2018 03/26/18 | Pending | -- | -- | -- |
| 03/14/2018 03/14/18 | For Sale | $1,499,500 | -- | $572 / 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 | $20,228 | $1,600,920 | $1,137,827 | $463,093 |
| 2024 | $20,228 | $1,569,530 | $1,115,517 | $454,013 |
| 2023 | $19,887 | $1,538,756 | $1,093,645 | $445,111 |
| 2022 | $18,654 | $1,508,585 | $1,072,201 | $436,384 |
| 2021 | $18,290 | $1,479,006 | $1,051,178 | $427,828 |
| 2019 | $18,029 | $1,435,920 | $1,020,000 | $415,920 |
| 2018 | $2,066 | $120,959 | $63,967 | $56,992 |
| 2016 | $1,896 | $115,514 | $61,484 | $54,030 |
| 2015 | $1,833 | $113,780 | $60,561 | $53,219 |
| 2014 | $1,844 | $111,552 | $59,375 | $52,177 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Daskam
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18059665
APN: 7247-006-032
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