NOT LISTED FOR SALE

1727 E 1st St Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $1,677,000 - $2,267,895

4 Beds
4 Baths
3,363 Sq Ft
$584/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $1,470,000 $437 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $12,668/month

23 Days on Market

Highlights

  • 0.19 Acre Lot
  • Park
  • Wood Burning Fireplace
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of March 2021

Seller is motivated. Prime Alamitos Beach, one block to the ocean. "Park like" setting, long term tenants. A single family plus 3 units in rear. Single family in the front is a large 2 bedroom, den, one bath. Huge dining room, separate laundry room, wood burning fireplace and a classic murphy bed. Can build 5 unit, plus 1 low income unit, either "small lot" or townhome. Please check with City Planner to confirm.

Last Agent to Sell the Property

Kenneth Lickitwongse

Kenneth J Lickitwongse, BROKER License #01751136 Listed on: 01/03/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • 3 Carport Spaces

Interior Spaces

  • 3,363 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 16 / 66
  • Assessor Parcel Number 7265019019

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Alamitos Beach Subdivision

Recreation

  • Park
  • Dog Park

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $240
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $10,000
  • Operating Expense $12,940
  • Gross Income $72,834
  • Net Operating Income $72,834

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7265019019
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 437.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Dog Park, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers Timer
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Fuel Expense: 240.00
  • Gross Income: 72834.00
  • Gross Scheduled Income: 76974.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 72834.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4140.00
  • Rent Control: Yes
  • Total Expenses: 12940.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 66
  • Tax Census Tract: 5766.02
  • Tax Lot: 16
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2021
Closed on
May 10, 2021
Sold by
Morell Jeff
Bought by
Jeffery George Morel Living Trust and Morell
Seller's Agent
Kenneth Lickitwongse
Kenneth J Lickitwongse, BROKER
List Price
$1,550,000
Sold Price
$1,470,000
Premium/Discount to List
-$80,000
-5.16%
Current Estimated Value
$1,965,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,224
Avg. Annual Appreciation
6.29%

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jul 27, 2016
Sold by
Colton Judith K and Colton Family Trust
Bought by
Swangwongse Jaruey and Sreewarom Wanida
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
Buyer's Agent
Kenneth Lickitwongse
Kenneth J Lickitwongse, BROKER
List Price
$1,095,000
Sold Price
$1,095,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Smanjak Chad
Bought by
Colton Jack A and Colton Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Smanjak Angela Mrrabella
Bought by
Smanjak Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,250
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 25, 2003
Sold by
Briscoe Wendy and Cervera Joel
Bought by
Smanjak Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,250
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 7, 2001
Sold by
Kramer Glenn F and Neuser Kramer Jeanette
Bought by
Briscoe Wendy and Cervera Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
7.06%
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
Jeffery George Morel Living Trust -- None Listed On Document
Swangwongse Jaruey $1,095,000 Western Resources Title Co
Colton Jack A $1,000,000 First American Title Co Los
Smanjak Chad -- Chicago Title
Smanjak Chad $725,000 Chicago Title
Briscoe Wendy $399,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colton Jack A $450,000
Previous Owner Smanjak Chad $36,250
Previous Owner Smanjak Chad $616,250
Previous Owner Briscoe Wendy $359,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2021 03/25/21 Sold $1,470,000 -1.9% $437 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/03/2021 01/03/21 Price Changed $1,498,000 -3.4% $445 / Sq Ft
01/03/2021 01/03/21 For Sale $1,550,000 +41.6% $461 / Sq Ft
08/12/2016 08/12/16 Sold $1,095,000 0.0% $326 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $1,095,000 -- $326 / Sq Ft
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 $28,453 $1,591,173 $974,188 $616,985
2024 $17,847 $1,559,975 $955,087 $604,888
2023 $19,537 $1,529,388 $936,360 $593,028
2022 $18,327 $1,499,400 $918,000 $581,400
2021 $14,528 $1,174,060 $857,761 $316,299
2020 $14,489 $1,162,022 $848,966 $313,056
2019 $14,321 $1,139,238 $832,320 $306,918
2018 $13,937 $1,116,900 $816,000 $300,900
2016 $14,011 $1,177,487 $912,556 $264,931
2015 $13,440 $1,159,801 $898,849 $260,952
2014 $13,337 $1,137,083 $881,242 $255,841
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kenneth Lickitwongse

    Kenneth J Lickitwongse, BROKER

    (626) 590-8427

    1 in this area

    8 Total Sales

    Kenneth Lickitwongse
    Section Image
  • Mark Kachigan

    Seller's Agent in 2016

    Mark Kachigan

    Pabst, Kinney & Associates

    (562) 225-4848

    1 in this area

    36 Total Sales

    Mark Kachigan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21000287

California Regional Multiple Listing Service (CRMLS)

APN: 7265-019-019

California Los Angeles County Long Beach 90802 Alamitos Beach

1727 E 1st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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