NOT LISTED FOR SALE

Estimated Value: $1,062,000 - $1,160,877

4 Beds
2 Baths
1,514 Sq Ft
$741/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2022

Last sale price $1,150,000 $760 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,558 / mo

9 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Double Pane Windows
  • Wilson High School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of March 2022

Contemporary Designer Duplex located adjacent to popular Signal Hill neighborhood in Long Beach!

1753-55 Stanley Ave. is an investor's dream as a portfolio addition. This beautiful property is located on a very quiet street that allows your tenants direct access to historic PCH, leading them to all that Long Beach has to offer! Great shopping and local dining are just minutes away in any direction, & the area is packed with all the amenities that you could ever want.

Both units are spacious 2-bedroom 1-bath floorplans with custom kitchens, modern bathrooms, custom flooring and lighting. Each unit has its own gated entry as well as their own private back yards with easy care synthetic grass. Each unit also has its own single car garage and one additional space in the driveway. The landscaping is hassle free consisting of drought resistant succulents, and all the utilities are separately metered.

Currently, the property is fully occupied.

Call to schedule your private tour today!

Last Agent to Sell the Property

Scott Niles

ehomes License #01923986 Listed on: 02/07/2022

Co-Listed By

Sean Haghi

Elements Real Estate License #01420952

Last Buyer's Agent

Eva Lin

Lin Realty Group License #02097017

Lin Realty Group

Range of Values:

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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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 5,118 Sq Ft Lot
  • Desert faces the front of the property
  • 1 Common Wall
  • Fenced
  • Fence is in good condition
  • Drip System Landscaping
  • Level Lot
  • Backyard Sprinklers
  • Sprinklers on Timer
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway Level

Home Design

  • Duplex
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, sewer, trash collection
  • Tax Lot 35
  • Tax Tract Number 5751
  • Assessor Parcel Number 7260003012
  • $429 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Other Expense $500
  • Pest Control $500
  • New Taxes Expense $13,112
  • Operating Expense $17,112
  • Gross Income $56,517
  • Net Operating Income $39,405

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,409

Year Built

Built in 1960 | Remodeled

Lot Details

5,118 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: LBR2N
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7260003012
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 759.58
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Pest Control Expense: 500.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Front, Front Yard, Landscaped, Level with Street, Level, Sprinklers Drip System, Sprinklers In Rear, Sprinklers Timer, Utilities - Overhead
  • Lot Size Sq Ft: 5118.00
  • Lot Size Acres: 0.1175

Rental Info

  • Tenant Pays: All Utilities, Sewer, Trash Collection

Multi Family

  • Average2 Bed Area: 757 Square Feet
  • Gross Income: 56517.00
  • Gross Operating Income: 56517.00
  • Gross Scheduled Income: 56517.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5118.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 39405.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 17112.00
  • Other Expense: 500.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 17112.00

Tax Info

  • New Taxes Expense: 13112.00
  • Tax Area: 5500
  • Tax Census Tract: 5751.01
  • Tax Lot: 35
  • Tax Tract: Alamitos
  • Tax Tract Number: 5751
  • Tax Annual Amount: 4409.44
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 428.70

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

Listed on
Feb 7, 2022
Closed on
Feb 16, 2022
Sold by
Contemporary Rentals Llc
Bought by
Seller's Agent
Scott Niles
ehomes
Buyer's Agent
Eva Lin
Lin Realty Group
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Current Estimated Value
$1,128,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,671
Avg. Annual Appreciation
-0.55%
Original Mortgage
$828,700
Outstanding Balance
$757,689
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$364,030

Purchase Details

Closed on
Jul 13, 2015
Sold by
Haghi Sean A
Bought by
Contemporary Rentals Llc

Purchase Details

Closed on
Jan 26, 2015
Sold by
Contemporary Rentals Llc
Bought by
Haghi Sean A and Haghi Armin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2013
Closed on
Dec 12, 2013
Sold by
Velazquez Ramon
Bought by
Contemporary Rentals Llc
Seller's Agent
Giovanni Aurichiella
F.A.I.R. Plan Inc.
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$250,000
Sold Price
$294,600
Premium/Discount to List
$44,600
17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$235,680
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2001
Sold by
Paul Richard J and Richard J Paul Living Trust
Bought by
Velazquez Ramon

Purchase Details

Closed on
Aug 29, 1996
Sold by
Paul Richard J
Bought by
Paul Richard J and The Richard J Paul Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Zaferia, CA

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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
$1,150,000 Stewart Title Of California In
Contemporary Rentals Llc -- Accommodation
Haghi Sean A -- Title 365
Contemporary Rentals Llc $295,000 Title 365
Velazquez Ramon $171,000 Fidelity National Title Ins
Paul Richard J -- --
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 $828,700
Previous Owner Haghi Sean A $383,500
Previous Owner Contemporary Rentals Llc $235,680
Previous Owner Velazquez Ramon $350,000
Previous Owner Velazquez Ramon $243,000
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 Prior Sale
03/07/2022 03/07/22 Sold $1,150,000 0.0% $760 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/10/2022 02/10/22 Price Changed $1,150,000 +4.5% $760 / Sq Ft
02/07/2022 02/07/22 For Sale $1,100,000 0.0% $727 / Sq Ft
01/29/2021 01/29/21 Rented $2,395 0.0% --
01/12/2021 01/12/21 For Rent $2,395 +22.8% --
09/03/2016 09/03/16 Rented $1,950 0.0% --
08/18/2016 08/18/16 For Rent $1,950 +5.4% --
08/01/2014 08/01/14 Rented $1,850 0.0% --
07/02/2014 07/02/14 Under Contract -- -- --
03/14/2014 03/14/14 For Rent $1,850 0.0% --
12/17/2013 12/17/13 Sold $294,600 +17.8% $195 / Sq Ft View Prior Sale
09/12/2013 09/12/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $250,000 -- $165 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2026 $15,986 $1,244,794 $757,701 $487,093
2025 $15,986 $1,220,388 $742,845 $477,543
2024 $15,314 $1,196,460 $728,280 $468,180
2023 $15,060 $1,173,000 $714,000 $459,000
2022 $4,505 $340,765 $173,270 $167,495
2021 $4,409 $334,084 $169,873 $164,211
2019 $4,347 $324,178 $164,836 $159,342
2018 $4,170 $317,822 $161,604 $156,218
2016 $3,835 $305,482 $155,330 $150,152
2015 $3,685 $300,894 $152,997 $147,897
2014 $3,667 $295,000 $150,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22009658

California Regional Multiple Listing Service (CRMLS)

APN: 7260-003-012

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