Seller's Agent in 2018
Patrick Swanson
Pat Swanson
(213) 864-2862
56 Total Sales
1705 E 10th St Unit 101 Long Beach, CA 90813
Hellman NeighborhoodEstimated Value: $358,000 - $550,171
2
Beds
2
Baths
13,300
Sq Ft
$33/Sq Ft
Est. Value
Highlights
- Gated Parking
- Gated Community
- Granite Countertops
- Long Beach Polytechnic High School Rated A
- 14,200 Sq Ft lot
- Balcony
About This Home
As of April 2018VERY RARE OPPORTUNITY! This will not last based on the following reasons:
ALL 2 Bedroom / 2 Bath (Individually Parceled Condos) that are operated as apartments. Excellent Off-Street Parking - 40 Gated & Secured Parking Spaces. Huge Upside in Rents (18.8%+/-), with No Rent Control! Newer Pride of Ownership Property (Built in 1989). Walking Distance to Downtown Long Beach. New Financing Available, or, Assume the Current Loan at 3.68%, Fixed until 10/26/2021!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 0.33 Acre Lot
- Two or More Common Walls
- Wrought Iron Fence
- Density is 16-20 Units/Acre
Parking
- 40 Car Garage
- Subterranean Parking
- Parking Available
- Gated Parking
- Guest Parking
- Community Parking Structure
Home Design
- Apartment
- Shingle Roof
Interior Spaces
- 13,300 Sq Ft Home
- 2-Story Property
- Laundry Room
Kitchen
- Six Burner Stove
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
- Accessible Parking
Outdoor Features
- Balcony
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 65046
- Assessor Parcel Number 7267012045
Community Details
Building Details
- 18 Separate Electric Meters
- 18 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,758
- Fuel Expense $496
- Gardener Expense $1,200
- Insurance Expense $5,400
- Pest Control $2,165
- Professional Management Expense $11,457
- Trash Expense $5,906
- Water Sewer Expense $8,195
- New Taxes Expense $56,797
- Operating Expense $113,437
- Gross Income $322,156
- Net Operating Income $208,719
Security
- Resident Manager or Management On Site
- Gated Community
Additional Features
- 18 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2022
Sold by
Villa Las Brisas Llc
Bought by
Sarn Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,147,527
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$1,708,484
Purchase Details
Listed on
Jan 9, 2018
Closed on
Apr 17, 2018
Sold by
Albers Linda A and Linda A Cistone Trust
Bought by
Villa Las Brisas Llc
Seller's Agent
Patrick Swanson
Pat Swanson
Buyer's Agent
Patrick Swanson
Pat Swanson
List Price
$4,995,000
Sold Price
$4,995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.14%
Purchase Details
Closed on
Jul 1, 2016
Sold by
1705 E 10Th St Las Brisas Llc
Bought by
Albers Linda A and The Linda A Cistone Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.42%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 16, 2015
Sold by
Yun Yeounghee and The Yeounghee Yun Revocable Li
Bought by
1705 E 10Th St Las Brisas Llc
Purchase Details
Closed on
Jun 26, 2012
Sold by
Pathfinder Las Brisas Condominiums Llc
Bought by
Yun Yeounghee and The Yeounghee Yun Revocable Li
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,455,000
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 26, 2010
Sold by
Chinatrust Capital Corporation
Bought by
Pathfinder Las Brisas Condominiums Llc
Purchase Details
Closed on
Aug 20, 2010
Sold by
Villa Las Brisas Condominiums Llc
Bought by
Chinatrust Capital Corporation
Purchase Details
Closed on
Jan 1, 2002
Sold by
Pacific Property Assets Llc
Bought by
Ppa Holdings Llc
Purchase Details
Closed on
Sep 12, 2001
Sold by
J & R Wong Family Ltd Partnership Ii Lp
Bought by
Pacific Property Assets Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,250
Interest Rate
6.57%
Purchase Details
Closed on
Aug 14, 1997
Sold by
Grand Gold Mine Corp
Bought by
American International Bank
Purchase Details
Closed on
Jul 24, 1997
Sold by
Grand Gold Mine Corp
Bought by
American International Bank
Purchase Details
Closed on
May 10, 1995
Sold by
Espinoza Arturo O and Espinoza Ramona G
Bought by
Grand Gold Mine Corp
Purchase Details
Closed on
Nov 21, 1994
Sold by
Grand Gold Corp and Tsen Hsiang Yuen
Bought by
Espinoza Arturo O and Espinoza Ramona G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,925
Interest Rate
8.9%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Sarn Llc | $6,212,000 | Commonwealth Land Title | |
| Villa Las Brisas Llc | $130,000 | Commonwealth Land Title Comp | |
| Albers Linda A | $4,125,000 | Commonwealth Title | |
| 1705 E 10Th St Las Brisas Llc | -- | None Available | |
| Yun Yeounghee | $2,870,000 | Pacific Coast Title | |
| Pathfinder Las Brisas Condominiums Llc | $2,065,000 | Lawyers Title Insurance Corp | |
| Chinatrust Capital Corporation | $2,260,000 | None Available | |
| Ppa Holdings Llc | -- | -- | |
| Pacific Property Assets Llc | -- | North American Title Co | |
| American International Bank | $600,000 | -- | |
| American International Bank | $600,000 | -- | |
| Grand Gold Mine Corp | -- | First American Title Ins Co | |
| Espinoza Arturo O | $1,250,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sarn Llc | $2,250,000 | |
| Previous Owner | Albers Linda A | $2,500,000 | |
| Previous Owner | Yun Yeounghee | $1,455,000 | |
| Previous Owner | Pacific Property Assets Llc | $744,250 | |
| Previous Owner | Espinoza Arturo O | $810,925 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2018 04/20/18 | Sold | $4,995,000 | 0.0% | $376 / Sq Ft |
| 01/09/2018 01/09/18 | For Sale | $4,995,000 | -- | $376 / 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 | $4,602 | $359,053 | $208,080 | $150,973 |
| 2024 | $4,602 | $352,013 | $204,000 | $148,013 |
| 2023 | $3,841 | $290,282 | $164,045 | $126,237 |
| 2022 | $3,606 | $284,591 | $160,829 | $123,762 |
| 2021 | $3,533 | $279,012 | $157,676 | $121,336 |
| 2019 | $3,482 | $270,738 | $153,000 | $117,738 |
| 2018 | $3,011 | $233,580 | $102,000 | $131,580 |
| 2016 | $2,111 | $167,266 | $72,814 | $94,452 |
| 2015 | $2,028 | $164,755 | $71,721 | $93,034 |
| 2014 | $2,019 | $161,529 | $70,317 | $91,212 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Swanson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18005928
APN: 7267-012-045
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 1724 E 10th St
- 909 Gaviota Ave
- 1083 Gaviota Ave
- 1912 E 10th St
- 1528 E 11th St
- 1200 Gaviota Ave Unit 114
- 1724 E 8th St
- 1036 Cherry Ave
- 1101 Cherry Ave
- 1438 E 9th St Unit 2
- 1105 Cherry Ave
- 816 Cherry Ave
- 1350 E 8th St
- 2122 E 10th St
- 2009 E 7th St
- 732 Saint Louis Ave
- 1340 Gundry Ave
- 1035 Orange Ave
- 1626 E 6th St
- 1364 Cherry Ave
- 1705 E 10th St
- 1705 E 10th St Unit 204
- 1705 E 10th St Unit 205
- 1705 E 10th St Unit 206
- 1705 E 10th St Unit 207
- 1705 E 10th St Unit 208
- 1705 E 10th St Unit 209
- 1705 E 10th St Unit 203
- 1705 E 10th St Unit 202
- 1705 E 10th St Unit 201
- 1705 E 10th St Unit 104
- 1705 E 10th St Unit 105
- 1705 E 10th St Unit 106
- 1705 E 10th St Unit 107
- 1705 E 10th St Unit 108
- 1705 E 10th St Unit 109
- 1705 E 10th St Unit 103
- 1705 E 10th St Unit 102
- 1014 Gaviota Ave
- 1020 Gaviota Ave