Seller's Agent in 2024
Mark Beat
Keller Williams Coastal Prop.
(562) 209-0379
1 in this area
1 Total Sale
1731 E 3rd St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $989,000 - $1,070,270
3
Beds
2
Baths
1,789
Sq Ft
$581/Sq Ft
Est. Value
Highlights
- 0.15 Acre Lot
- Wood Flooring
- Park
- Long Beach Polytechnic High School Rated A
- No HOA
- 4-minute walk to Miracle On Fourth Street Park
About This Home
As of July 2024*PLEASE NOTE: THE RENTAL AMOUNTS HAVE BEEN UPDATED. Investment opportunity in the heart of Alamitos Beach in Long Beach, CA. PERFECT OWNER OCCUPIED OPPORTUNITY! This duplex offers the perfect blend of vintage appeal and modern convenience, promising comfortable living and enticing potential for rental income. The unit mix consists of a spacious two-bedroom, one-bathroom unit with a versatile den, ideal for use as an additional bedroom or home office, catering to the diverse needs of potential tenants and a cozy detached one-bedroom, one-bathroom unit. Tenants pay electric, fuel, trash. A generously sized backyard provides a tranquil retreat for relaxation or entertaining, offering a serene oasis amidst the urban landscape. Meanwhile, three single-car garages provide convenient parking for tenants, ensuring hassle-free access and added convenience. Whether you're looking to invest in rental properties or seeking a place to call home with supplementary rental income, this duplex presents an exceptional opportunity in a highly sought-after location. There is also an ADU potential considering the large backyard and detached garages. This is to be determined by a buyer confirming viability with the City of Long Beach.
Last Agent to Sell the Property
Keller Williams Coastal Prop. License #01467690 Listed on: 03/12/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 6,442 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
- Partial Copper Plumbing
Interior Spaces
- 1,789 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 12 / C
- Tax Tract Number 1
- Assessor Parcel Number 7275014012
- $513 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
- Bluff Park Subdivision
Recreation
- Park
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $10,246
- Net Operating Income $45,242
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2024
Closed on
Jul 24, 2024
Sold by
Pida Trust and Mathis Ellen P
Bought by
As-Sunkireddy Family Revocable Living Trust and Sunkireddy
Seller's Agent
Mark Beat
Keller Williams Coastal Prop.
Buyer's Agent
Ross Gagnon
Coldwell Banker Realty
List Price
$1,125,000
Sold Price
$975,000
Premium/Discount to List
-$150,000
-13.33%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,707
Avg. Annual Appreciation
4.72%
Original Mortgage
$682,500
Outstanding Balance
$674,159
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$364,409
Purchase Details
Closed on
Oct 28, 2003
Sold by
Mathis Ellen P and Pida Trust
Bought by
Mathis Ellen P and The Pida Trust
Purchase Details
Closed on
Sep 5, 2002
Sold by
Mathis Ellen P and Wesslen Arne R
Bought by
Mathis Ellen P and The Pida Family Trust
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 |
|---|---|---|---|
| As-Sunkireddy Family Revocable Living Trust | $975,000 | Wfg National Title | |
| Mathis Ellen P | -- | -- | |
| Mathis Ellen P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | As-Sunkireddy Family Revocable Living Trust | $682,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $975,000 | +2.6% | $545 / Sq Ft |
| 05/21/2024 05/21/24 | Price Changed | $950,000 | -15.6% | $531 / Sq Ft |
| 03/12/2024 03/12/24 | For Sale | $1,125,000 | -- | $629 / 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 | $4,054 | $975,000 | $700,000 | $275,000 |
| 2024 | $4,054 | $284,614 | $160,972 | $123,642 |
| 2023 | $3,985 | $279,034 | $157,816 | $121,218 |
| 2022 | $3,753 | $273,564 | $154,722 | $118,842 |
| 2021 | $3,671 | $268,201 | $151,689 | $116,512 |
| 2020 | $3,661 | $265,452 | $150,134 | $115,318 |
| 2019 | $3,619 | $260,248 | $147,191 | $113,057 |
| 2018 | $3,435 | $255,146 | $144,305 | $110,841 |
| 2016 | $3,157 | $245,240 | $138,702 | $106,538 |
| 2015 | $3,035 | $241,557 | $136,619 | $104,938 |
| 2014 | $3,024 | $236,826 | $133,943 | $102,883 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Beat
-
Ross Gagnon
Buyer's Agent in 2024
Ross Gagnon
Coldwell Banker Realty
(714) 724-9912
1 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24050240
APN: 7275-014-012
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
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