NOT LISTED FOR SALE

165 Prospect Ave Unit C Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,675,000 - $1,954,000

1 Bed
1 Bath
540 Sq Ft
$3,452/Sq Ft Est. Value

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Lowell Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of June 2023

This beautiful Spanish-style 1-bedroom, 1-bath condo is situated on a quiet street in the heart of Belmont Shore. This back unit is on the 2nd level of the property providing a separate set of stairs and a private patio entrance. The unit has an open layout with a kitchen and breakfast bar, and a quaint living room with a comfortable-sized bedroom and bathroom. Additional amenities include a private garage (for storage use only) as well as an on-site community laundry room. The owner pays for all utilities except for cable.

Last Agent to Rent the Property

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 05/16/2023

Last Renter's Agent

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 05/16/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 3,163 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 540 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,150
  • Rent includes electricity, gardener, gas, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/16/23
  • Legal Lot and Block 12 / 4
  • Tax Tract Number 3885
  • Assessor Parcel Number 7256025015

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-05-16
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2150
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Triplex
  • Inclusions: Stove/oven, microwave, refrigerator.
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: Yes
  • Zoning: LBR2S
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7256025015
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 540.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.98
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3163.00
  • Lot Size Acres: 0.0726

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 3163.0000 Square Feet
  • Management Co: MD Property Management
  • Number Of Units In Community: 3
  • Number Of Units Total: 1
  • Rent Includes: Electricity, Gardener, Gas, Sewer, Trash Collection, Water

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5773.00
  • Tax Lot: 12
  • Tax Tract Number: 3885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2018
Sold by
Ellison Michele G and Ellison Jody E
Bought by
165 Prospect Llc
Current Estimated Value
$1,864,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,238,712
Outstanding Balance
$1,069,019
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$794,801

Purchase Details

Closed on
Feb 3, 2015
Sold by
Ellison Michael G and Ellison Jody E
Bought by
The Michael G Ellison & Jody E Ehison Fa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,700
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Ellison Michael G and Ellison Jody E
Bought by
Ellison Michael Gilbert and Warne Ellison Jody Emm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2004
Sold by
Ellison Mike and Ellison Jody
Bought by
Ellison Michael G and Ellison Jody E

Purchase Details

Closed on
Jan 29, 2001
Sold by
Minlschmidt Eric
Bought by
Ellison Mike and Ellison Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
165 Prospect Llc $1,376,500 Ticor Title
The Michael G Ellison & Jody E Ehison Fa -- Accommodation
Ellison Michael G -- First American Title
Ellison Michael Gilbert -- First American Title Company
Ellison Michael G -- --
Ellison Mike -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 165 Prospect Llc $1,238,712
Previous Owner Ellison Michael G $639,700
Previous Owner Ellison Michael Gilbert $636,500
Previous Owner Ellison Mike $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2023 06/19/23 Rented $2,150 0.0% --
06/08/2023 06/08/23 Price Changed $2,150 -10.2% $4 / Sq Ft
05/16/2023 05/16/23 For Rent $2,395 +19.8% --
04/20/2022 04/20/22 Rented $2,000 +1.8% --
04/07/2022 04/07/22 For Rent $1,965 -4.1% --
11/16/2021 11/16/21 Rented $2,050 0.0% --
11/12/2021 11/12/21 Price Changed $2,050 -2.1% $2 / Sq Ft
10/22/2021 10/22/21 For Rent $2,095 -- --
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 $19,680 $1,565,647 $1,137,827 $427,820
2024 $19,680 $1,534,949 $1,115,517 $419,432
2023 $19,352 $1,504,853 $1,093,645 $411,208
2022 $18,152 $1,475,347 $1,072,201 $403,146
2021 $17,801 $1,446,420 $1,051,178 $395,242
2020 $17,755 $1,431,590 $1,040,400 $391,190
2019 $17,547 $1,403,520 $1,020,000 $383,520
2018 $7,415 $580,040 $348,290 $231,750
2016 $6,813 $557,517 $334,766 $222,751
2015 $6,542 $549,144 $329,738 $219,406
2014 $6,502 $538,388 $323,279 $215,109
Source: Public Records

Agents Affiliated with this Home

  • Mike Dunfee

    Landlord's Agent in 2023

    Mike Dunfee

    Dunfee Real Estate Services

    (562) 221-2187

    1 in this area

    140 Total Sales

    Mike Dunfee
    Section Image
  • Nelson Vianna

    Buyer's Agent in 2022

    Nelson Vianna

    LA Execs Group

    (310) 880-7733

    2 Total Sales

    Nelson Vianna
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23085014

California Regional Multiple Listing Service (CRMLS)

APN: 7256-025-015

California Los Angeles County Long Beach 90803 Belmont Shore

165 Prospect Ave Unit C, Long Beach, CA

Not Listed for Sale

MultiFamily

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