NOT LISTED FOR SALE

1641 E Erie St Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $763,097 - $995,000

2 Beds
2 Baths
1,056 Sq Ft
$863/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $427,500 $405 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,307/month

3 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 2 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Bungalow
  • 2-minute walk to Miracle On Fourth Street Park

About This Home

As of November 2013

WOW! Super cute and clean, Alamitos Beach California Bungalow style duplex. Two side by side 1 bedroom, 1 bath units with a detached 2 car garage and charming rear yard area with wood and paver patio. Both units are updated with newer windows, doors, paint, wood laminate flooring in both units, upgraded kitchens, baths, ceiling fans and appliances are included in both units. Lots of windows in both units so they're bright and cheery. Located on a quaint, quiet street south of 4th ST. These units are easy to rent and keep rented in a high demand area that's close to trendy 4th Street and Broadway Ave. shops and restaurants and just as close to the beach, Belmont Shore and Downtown. This is a STANDARD sale too! Hurry and take advantage of this one quick before it's gone!!!

Last Agent to Sell the Property

John Zimmerman

Re/Max R. E. Specialists License #01052025 Listed on: 10/28/2013

Re/Max R. E. Specialists

Last Buyer's Agent

Cynthia Voss

Re/Max R. E. Specialists License #00881330

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 2,840 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Bungalow
  • Property Attached

Interior Spaces

  • 1,056 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 2
  • Assessor Parcel Number 7275015029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Trash Expense $240
  • Water Sewer Expense $960
  • New Taxes Expense $5,624
  • Gross Income $2,275
  • Net Operating Income $25,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Appliances
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 960.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7275015029
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 404.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: In Garage
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 2840.00
  • Lot Size Acres: 0.0650

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 528
  • Gross Income: 2275.00
  • Gross Scheduled Income: 27300.00
  • Insurance Expense: 720.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2840.0000 Square Feet
  • Net Operating Income: 25380.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1920.00
  • Rent Control: No
  • Total Actual Rent: 2275.00

Tax Info

  • New Taxes Expense: 5624.00
  • Taxes Percent: 1.10
  • Tax Lot: 2
  • Tax Tract Number: 2
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2013
Closed on
Nov 12, 2013
Sold by
Sigward Susan
Bought by
Blg Property Management Llc
Seller's Agent
John Zimmerman
Re/Max R. E. Specialists
Buyer's Agent
Cynthia Voss
Re/Max R. E. Specialists
List Price
$449,900
Sold Price
$427,500
Premium/Discount to List
-$22,400
-4.98%
Current Estimated Value
$911,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,774
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Feb 25, 2010
Sold by
Graves Jack
Bought by
Graves Jack

Purchase Details

Closed on
Jun 23, 2006
Sold by
Escala Pedro M and Escala Lynn M
Bought by
Escala Pedro M and P M E Revocable Trust

Purchase Details

Closed on
Mar 21, 2006
Sold by
Pme Revocable Trust
Bought by
Escala Pedro M

Purchase Details

Closed on
Apr 5, 2005
Sold by
Flood Jeffrey G
Bought by
Sigward Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2001
Sold by
Escala Pedro M and The P M E Revocable Trust
Bought by
Flood Jeffrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,885
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Blg Property Management Llc $427,500 North American Title Company
Graves Jack -- None Available
Escala Pedro M -- None Available
Escala Pedro M -- None Available
Escala Pedro M -- None Available
Sigward Susan $430,000 Natc
Flood Jeffrey G $150,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sigward Susan $344,000
Previous Owner Flood Jeffrey G $147,885
Closed Flood Jeffrey G $2,280
Closed Sigward Susan $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2013 11/26/13 Sold $427,500 -5.0% $405 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $449,900 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,778 $524,042 $278,876 $245,166
2024 $6,778 $513,767 $273,408 $240,359
2023 $6,663 $503,695 $268,048 $235,647
2022 $6,256 $493,820 $262,793 $231,027
2021 $6,131 $484,139 $257,641 $226,498
2019 $6,044 $469,781 $250,000 $219,781
2018 $5,856 $460,571 $245,099 $215,472
2016 $5,391 $442,689 $235,583 $207,106
2015 $5,175 $436,041 $232,045 $203,996
2014 -- $427,500 $227,500 $200,000
Source: Public Records

Agents Affiliated with this Home

  • John Zimmerman

    Seller's Agent in 2013

    John Zimmerman

    RE/MAX

    (562) 706-1406

    10 Total Sales

    John Zimmerman
    Section Image
  • Cynthia Voss

    Buyer's Agent in 2013

    Cynthia Voss

    RE/MAX

    (562) 884-3930

    1 in this area

    32 Total Sales

    Cynthia Voss
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13219487

California Regional Multiple Listing Service (CRMLS)

APN: 7275-015-029

California Los Angeles County Long Beach 90802 North Alamitos Beach

1641 E Erie St, Long Beach, CA

Not Listed for Sale

MultiFamily

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