NOT LISTED FOR SALE

1775 Atlantic Ave Long Beach, CA 90813

Central Neighborhood

Estimated Value: $1,158,000 - $1,463,000

11 Beds
6 Baths
4,296 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2015

Last sale price $715,000 $166 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $8,109 / mo

282 Days on Market

Highlights

  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Carpet

About This Home

As of September 2015

BEAUTIFUL FOURPLEX IN LONG BEACH. BUILT IN 1963. GREAT INVESTMENT! TWO SEPARATE BUILDINGS. FRONT BUILDING INCLUDE 2 UNITS: 4 BEDS/ 2BATHS AND 3 BEDS /2 BATHS. BACK BUILDING INCLUDE 2 UNITS: 2 BEDS/1 BATH. CURRENT RENTS ARE A LITTLE BELOW MARKET. LONG TERM TENANTS. EACH UNIT HAS THEIR OWN ELECTRIC METER, GAS METER AND WATER METER. CLOSE TO POLY HIGH.

Last Agent to Sell the Property

Lisa Nguyen

Ana Real Estate License #01384832 Listed on: 10/20/2014

Co-Listed By

Diane Vuong

Ana Real Estate License #01800308

Last Buyer's Agent

Lisa Nguyen

Ana Real Estate License #01384832 Listed on: 10/20/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,870 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 4,296 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 19
  • Assessor Parcel Number 7269035017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • Trash Expense $600
  • Water Sewer Expense $2,040
  • New Taxes Expense $10,800
  • Gross Income $4,550
  • Net Operating Income $39,910

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,870 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2040.00
  • Property Type: Residential Income
  • Parcel Number: 7269035017
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 166.43

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: No
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6870.00
  • Price Per Lot Square Foot: 104.08
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4550.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 6870.0000 Square Feet
  • Net Operating Income: 39910.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 14690.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 10800.00
  • Tax Lot: 19
  • Tax Year: 2013

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
Oct 20, 2014
Closed on
Aug 13, 2015
Sold by
Bought by
Seller's Agent
Lisa Nguyen
Ana Real Estate
Buyer's Agent
Lisa Nguyen
Ana Real Estate
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Current Estimated Value
$1,313,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,598
Avg. Annual Appreciation
5.82%
Original Mortgage
$500,500
Outstanding Balance
$392,836
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$920,762

Purchase Details

Closed on
Mar 31, 2005
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
$500,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
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
$500,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 31, 1996
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
$136,400
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$715,000 Fidelity National Title
-- Commerce Title Company
$780,000 Commerce Title Company
-- --
$170,500 First Southwestern Title Co
$152,500 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 $500,500
Previous Owner $500,000
Previous Owner $136,400
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
09/03/2015 09/03/15 Sold $715,000 -4.7% $166 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $750,000 -- $175 / 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
2025 $11,829 $846,409 $295,947 $550,462
2024 $11,291 $829,814 $290,145 $539,669
2023 $11,101 $813,544 $284,456 $529,088
2022 $10,436 $797,593 $278,879 $518,714
2021 $10,211 $781,955 $273,411 $508,544
2019 $10,066 $758,763 $265,302 $493,461
2018 $9,721 $743,886 $260,100 $483,786
2016 $8,929 $715,000 $250,000 $465,000
2015 $10,832 $904,643 $407,089 $497,554
2014 $10,765 $886,923 $399,115 $487,808
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lisa Nguyen

    Ana Real Estate

    (714) 234-7468

    12 Total Sales

    Lisa Nguyen
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Diane Vuong

    Ana Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14225723

California Regional Multiple Listing Service (CRMLS)

APN: 7269-035-017

California Los Angeles County Long Beach 90813 Central

1775 Atlantic Ave, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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