R
Seller's Agent in 2017
Ryan Cinelli
BRC Advisors
1731 Chestnut Ave Long Beach, CA 90813
Washington School Neighborhood
Studio
12
Baths
3,904
Sq Ft
7,503
Sq Ft Lot
About This Home
As of June 2017The property is comprised of twelve (12) studio units along with 4 garages in the alley. Each unit is approximately 325 square feet with a kitchen, bathroom and living area. All of the tenants are on month to month leases.Current rents are 30% below market at $850 projected. Apartment #4 @ $300 is the current manager that takescare the management. All of the tenants are cash pay, there are no section 8 tenants in this propertycurrently. The property is master metered for electric, gas, water. The current owner pays for all the bills including sewer and trash.The owners just replaced the electrical box to solar which will drop the cost of the electricity by over half. The roof is in good condition (was replaced about 15 years ago),the plumbing is all copper, new solar electric box installed at the end of 2016. The interiors have tile throughout, newerstainless steel sinks, and clean kitchen cabinets. The garages generate $50 per garage currently and laundry generates $150/
Last Agent to Sell the Property
Ryan Cinelli
BRC Advisors License #01340935 Listed on: 02/21/2017
Last Buyer's Agent
Ryan Cinelli
BRC Advisors License #01340935 Listed on: 02/21/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 7,503 Sq Ft Lot
Parking
- 4 Car Garage
Interior Spaces
- 12 Bathrooms
- 3,904 Sq Ft Home
- 1-Story Property
Community Details
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 7269-037-028
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2023
Sold by
Bought by
Purchase Details
Closed on
May 10, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$971,000
Interest Rate
0.0442%
Mortgage Type
Construction
Purchase Details
Listed on
Feb 21, 2017
Closed on
Aug 1, 2017
Sold by
Bought by
Seller's Agent
Ryan Cinelli
BRC Advisors
Buyer's Agent
Ryan Cinelli
BRC Advisors
List Price
$1,250,000
Sold Price
$1,187,500
Premium/Discount to List
-$62,500
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,640
Interest Rate
0.0403%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 21, 2017
Closed on
Jun 9, 2017
Sold by
Bought by
Seller's Agent
Ryan Cinelli
BRC Advisors
Buyer's Agent
Ryan Cinelli
BRC Advisors
List Price
$1,250,000
Sold Price
$1,187,500
Premium/Discount to List
-$62,500
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,640
Interest Rate
0.0403%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 21, 2017
Closed on
Jun 6, 2017
Sold by
Bought by
Seller's Agent
Ryan Cinelli
BRC Advisors
Buyer's Agent
Ryan Cinelli
BRC Advisors
List Price
$1,250,000
Sold Price
$1,187,500
Premium/Discount to List
-$62,500
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,640
Interest Rate
0.0403%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| -- | -- | ||
| $1,450,000 | First American Title Company | ||
| -- | None Available | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| $1,187,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $890,000 | ||
| Previous Owner | $971,000 | ||
| Previous Owner | $854,640 | ||
| Previous Owner | $342,500 | ||
| Previous Owner | $345,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2017 06/12/17 | Sold | $1,187,500 | -5.0% | $304 / Sq Ft |
| 02/21/2017 02/21/17 | For Sale | $1,250,000 | -- | $320 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $23,045 | $1,649,848 | $568,913 | $1,080,935 |
| 2024 | $22,054 | $1,617,499 | $557,758 | $1,059,741 |
| 2023 | $21,661 | $1,585,784 | $546,822 | $1,038,962 |
| 2022 | $20,347 | $1,554,691 | $536,100 | $1,018,591 |
| 2021 | $19,920 | $1,524,208 | $525,589 | $998,619 |
| 2020 | $19,870 | $1,509,420 | $520,200 | $989,220 |
| 2019 | $19,635 | $1,479,840 | $510,000 | $969,840 |
| 2018 | $16,194 | $1,211,580 | $408,000 | $803,580 |
| 2016 | $6,854 | $465,179 | $178,029 | $287,150 |
| 2015 | $6,608 | $458,192 | $175,355 | $282,837 |
| 2014 | $6,628 | $449,218 | $171,921 | $277,297 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: The MLS
MLS Number: 17-204152
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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