Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
3 in California Heights
$625K - $1.3M Price Range
1805 E Wardlow Rd Long Beach, CA 90807
California Heights Neighborhood
3
Beds
3
Baths
18,557
Sq Ft
0.46
Acre Lot
Highlights
- 0.46 Acre Lot
- Corner Lot
- Laundry Facilities
- Longfellow Elementary School Rated A-
- Landscaped
About This Home
As of October 20191805 East Wardlow Road is a renovated, 26-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. Specifically, the property is in the historic neighborhood of California Heights and directly adjacent to the vibrant Bixby Knolls district. Fully renovated in 2017-2018, the property offers investors an exceptionally well-appointed building within one of the strongest submarkets in the city. The 18,557 square foot property consists of one- and two-bedroom floor plans. Originally built in 1965, 1805 East Wardlow Road offers amenities including a communal courtyard, on-site leasing office, custom barbecues, individual garage parking, on-site laundry facilities, controlled access, ceiling fans, hardwood floors, and more.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 05/22/2019
Last Buyer's Agent
Marcus & Millichap RE Invest License #01451551 Listed on: 05/22/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 20,038 Sq Ft Lot
- No Common Walls
- Landscaped
- Corner Lot
Parking
- 29 Car Garage
Home Design
- 18,557 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 89
- Tax Tract Number 10608
- Assessor Parcel Number 7147024026
Community Details
Building Details
- 26 Leased Units
- 26 Separate Electric Meters
- 26 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,443
- Fuel Expense $3,443
- Insurance Expense $9,100
- Maintenance Expense $13,000
- Other Expense $23,550
- Professional Management Expense $23,548
- Trash Expense $3,443
- Water Sewer Expense $3,443
- New Taxes Expense $113,113
- Operating Expense $196,087
- Gross Income $605,333
- Net Operating Income $392,625
Additional Features
- 26 Units
- Laundry Facilities
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
Oct 2, 2024
Sold by
1801 Wardlow Waterford 2 Llc
Bought by
Purchase Details
Listed on
May 22, 2019
Closed on
Oct 3, 2019
Sold by
1801 Wardlow Waterford Llc
Bought by
1801 Wardlow Waterford 2 Llc
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Tyler Leeson
Marcus & Millichap RE Invest
List Price
$8,575,000
Sold Price
$7,250,000
Premium/Discount to List
-$1,325,000
-15.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,576,000
Interest Rate
3.4%
Purchase Details
Closed on
Aug 1, 2017
Sold by
Kohler Clifford G
Bought by
1801 Wardlow Waterford Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Interest Rate
3.88%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in California Heights, CA
-
Cassidy Tutt
-
Angie Rebennack
Angie Rebennack
Responds QuicklyKeller Williams Pacific Estate
(669) 267-1339
56 Total Sales
2 in California Heights
$388K - $490K Price Range
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
123 Total Sales
1 in California Heights
$392,000 Price
-
John Binder
John Binder
ReMax Tiffany Real Estate
(424) 381-0619
92 Total Sales
1 in California Heights
$960,000 Price
-
Marjorie Tyson
Marjorie Tyson
Coldwell Banker Envision
(424) 378-4827
18 Total Sales
1 in California Heights
$810,000 Price
-
James McCormick
James McCormick
Real Broker
(657) 238-1775
29 Total Sales
1 in California Heights
$700,000 Price
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 |
|---|---|---|---|
| $5,416,000 | Fidelity National Title | ||
| 1801 Wardlow Waterford 2 Llc | $14,500,000 | Fidelity National Title | |
| 1801 Wardlow Waterford Llc | $9,200,000 | Dar Title Company |
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 |
|---|---|---|---|
| Previous Owner | $8,576,000 | ||
| Previous Owner | 1801 Wardlow Waterford Llc | $7,750,000 |
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 |
|---|---|---|---|---|
| 10/04/2019 10/04/19 | Sold | $7,250,000 | -15.5% | $391 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 05/22/2019 05/22/19 | For Sale | $8,575,000 | -- | $462 / 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 | $108,062 | $8,243,160 | $3,060,000 | $5,183,160 |
| 2025 | $108,062 | $8,081,530 | $3,000,000 | $5,081,530 |
| 2024 | $115,471 | $8,899,275 | $3,216,605 | $5,682,670 |
| 2023 | $113,522 | $8,724,781 | $3,153,535 | $5,571,246 |
| 2022 | $106,512 | $8,553,707 | $3,091,701 | $5,462,006 |
| 2021 | $105,333 | $8,385,988 | $3,031,080 | $5,354,908 |
| 2019 | $72,330 | $5,612,750 | $2,856,000 | $2,756,750 |
| 2018 | $75,926 | $5,502,750 | $2,800,000 | $2,702,750 |
| 2016 | $10,088 | $556,330 | $162,422 | $393,908 |
| 2015 | $9,773 | $547,975 | $159,983 | $387,992 |
| 2014 | $9,864 | $537,242 | $156,850 | $380,392 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
Seller's Agent in 2019
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
1 in this area
170 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19120012
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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