NOT LISTED FOR SALE

169 Claremont Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,293,000 - $1,414,499

3 Beds
2 Baths
1,416 Sq Ft
$955/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $890,000 $629 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,020/month

88 Days on Market

About This Home

As of October 2017

Excellent opportunity to own rare income property in the Shore. Property could be converted to a single family residence.

Last Agent to Sell the Property

David Brock

Beven & Brock Property Management Company, Inc License #00644454 Listed on: 07/14/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 2,416 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2-Story Property
  • Carpet

Listing and Financial Details

  • Assessor Parcel Number 7245002029

Community Details

Overview

  • 2 Units
  • Belmont Shore Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

2,416 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore - BSD
  • Zoning: LBR2S
  • Property Type: Residential Income
  • Parcel Number: 7245002029
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Flooring: Carpet
  • Levels: Two

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2416.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lot Size Area: 2416.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 12, 2017
Sold by
Lepre Ralph F and The Ralph Lepre Trust
Bought by
Alvarez David and Alvarez Maria Carnien
Seller's Agent
David Brock
Beven & Brock Property Management Company, Inc
List Price
$1,050,000
Sold Price
$890,000
Premium/Discount to List
-$160,000
-15.24%
Current Estimated Value
$1,352,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,375
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Dec 14, 2006
Sold by
Lepre Ralph F
Bought by
Lepre Ralph F and The Ralph Lepre Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,000
Interest Rate
6.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 29, 2006
Sold by
Lepre Ralph F and The Ralph Lepre Trust
Bought by
Lepre Ralph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,000
Interest Rate
6.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 12, 1999
Sold by
Lepre Ralph F
Bought by
Lepre Ralph F and The Ralp Lepre Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Alvarez David $890,000 None Available
Lepre Ralph F -- None Available
Lepre Ralph F -- Alliance Title Company
Lepre Ralph F -- Alliance Title Company
Lepre Ralph F -- Gateway Title Company
Lepre Ralph F -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lepre Ralph F $918,000
Previous Owner Lepre Ralph F $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2017 10/24/17 Sold $890,000 0.0% $629 / Sq Ft
10/24/2017 10/24/17 Sold $890,000 -15.2% $629 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Pending -- -- --
10/10/2017 10/10/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $1,050,000 0.0% $742 / Sq Ft
06/26/2017 06/26/17 For Sale $1,050,000 -- $742 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $12,723 $1,012,664 $785,101 $227,563
2024 $12,723 $992,808 $769,707 $223,101
2023 $12,511 $973,342 $754,615 $218,727
2022 $11,734 $954,258 $739,819 $214,439
2021 $11,509 $935,548 $725,313 $210,235
2019 $11,344 $907,800 $703,800 $204,000
2018 $11,059 $890,000 $690,000 $200,000
2016 $3,677 $300,254 $183,587 $116,667
2015 $3,531 $295,745 $180,830 $114,915
2014 $3,512 $289,952 $177,288 $112,664
Source: Public Records

Agents Affiliated with this Home

  • David Brock

    Seller's Agent in 2017

    David Brock

    Beven & Brock Property Management Company, Inc

    (626) 390-3099

    24 Total Sales

    David Brock
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817000780

Pasadena-Foothills Association of REALTORS®

APN: 7245-002-029

California Los Angeles County Long Beach 90803 Belmont Shore

169 Claremont Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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