NOT LISTED FOR SALE

1755 E Hill St Signal Hill, CA 90755

Estimated Value: $1,009,000 - $1,157,294

5 Beds
3 Baths
2,151 Sq Ft
$502/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $599,999 $279 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,446/month

42 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • Traditional Architecture
  • 2-minute walk to Signal Hill Park

About This Home

As of March 2015

Great opportunity to own 2 houses on a spacious 8,758 square foot R-3 zoned lot. This property is well located across the street from the Signal Hill Library & Community Center. The front house has a newer roof & spacious rear yard. It features 3 bedrooms, 2 baths, gas stove & dishwasher in the kitchen and a fireplace in the living room. The rear house features 2 bedrooms & 1 bathroom & has a private porch & rear yard. Both occupants share a 2 car garage. Property is very close to attractive shopping, 405 freeway & 15 minutes to the beach!! It is offered "Subject to Inspection". Please do not disturb residents.

Last Agent to Sell the Property

Peter Ursano

Capri Realty License #00414057 Listed on: 12/05/2014

Last Buyer's Agent

Gary Howard

Realty Executives Select License #00493182

Realty Executives Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,545

Year Built

  • Built in 1956

Lot Details

  • 8,758 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Rectangular Lot
  • Gentle Sloping Lot
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,151 Sq Ft Home
  • Window Screens
  • Living Room with Fireplace

Kitchen

  • Galley Kitchen
  • Gas Cooktop
  • Dishwasher
  • Ceramic Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Cable TV Available

Additional Features

  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care
  • Tax Lot 102
  • Tax Tract Number 10442
  • Assessor Parcel Number 7215006008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $960
  • Insurance Expense $928
  • Water Sewer Expense $900
  • New Taxes Expense $7,937
  • Gross Income $2,825
  • Net Operating Income $29,417

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,545

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Signal Hill (SH)
  • Water Sewer Expenses: 900.00
  • Architectural Style: Cottage, Traditional
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7215006008
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 278.94
  • Room Type: All Bedrooms Down, Galley Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Direction Faces: South
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre, Front Yard, Gentle Sloping, Lawn, Rectangular Lot, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 8758.00
  • Lot Size Acres: 0.2010

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care

Multi Family

  • Average2 Bed Area: 944
  • Average3 Bed Area: 1207
  • Gross Income: 2825.00
  • Gross Scheduled Income: 33900.00
  • Insurance Expense: 928.00
  • Lot Size Area: 8758.0000 Square Feet
  • Net Operating Income: 29417.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2788.00
  • Rent Control: No
  • Total Actual Rent: 2745.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 7937.00
  • Tax Lot: 102
  • Tax Tract Number: 10442
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2020
Sold by
Saldana Jose
Bought by
Saldana Jose and Saldana Veronica Jimenez
Current Estimated Value
$1,079,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Outstanding Balance
$427,121
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$652,453

Purchase Details

Listed on
Dec 5, 2014
Closed on
Jan 16, 2015
Sold by
Blanchette Robert F and Blanchette Michele A
Bought by
Saldana Jose
Seller's Agent
Peter Ursano
Capri Realty
Buyer's Agent
Gary Howard
Realty Executives Select
List Price
$635,000
Sold Price
$599,999
Premium/Discount to List
-$35,001
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$579,973
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1993
Sold by
Urquhart Constance M and Estate Of Gertrude A Beebe
Bought by
Blanchette Robert F and Blanchette Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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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
Saldana Jose -- American Coast Title Company
Saldana Jose $600,000 Title 365
Blanchette Robert F $190,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saldana Jose $541,500
Previous Owner Saldana Jose $579,973
Previous Owner Blanchette Robert F $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $599,999 -5.5% $279 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $635,000 -- $295 / 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 $9,545 $721,100 $450,688 $270,412
2024 $9,545 $706,961 $441,851 $265,110
2023 $9,388 $693,100 $433,188 $259,912
2022 $8,829 $679,511 $424,695 $254,816
2021 $8,654 $666,188 $416,368 $249,820
2020 $8,628 $659,358 $412,099 $247,259
2019 $8,532 $646,430 $404,019 $242,411
2018 $8,269 $633,756 $396,098 $237,658
2016 $7,624 $609,149 $380,718 $228,431
2015 $3,684 $268,682 $155,555 $113,127
2014 $3,674 $263,419 $152,508 $110,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14253932

California Regional Multiple Listing Service (CRMLS)

APN: 7215-006-008