NOT LISTED FOR SALE

1826 Cerritos Ave Unit A-D Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $911,000 - $1,194,000

1 Bed
1 Bath
1,664 Sq Ft
$608/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $675,000 $406 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,188/month

3 Days on Market

Highlights

  • Property is near public transit
  • Long Beach Polytechnic High School Rated A
  • 2-minute walk to Martin Luther King Jr Park

About This Home

As of October 2018

1980 built 4 unit with big upside in rents. Newer roof and two of the units have been completely upgraded. The property has been well maintained and is in good condition. The tax record shows 4 studio units but one unit is set up as a 1 bedroom. There are 3 garages on site which can be rented for extra income.

Last Agent to Sell the Property

Cody Charnell

Sage Real Estate Group, Inc. License #01950585 Listed on: 08/16/2018

Co-Listed By

Jeff Chonis

Buckingham Investments, Inc. License #01804283

Last Buyer's Agent

Marty Stone

Buckingham Investments License #00416755

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,849

Year Built

  • Built in 1980

Lot Details

  • 3,423 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage

Home Design

  • 1,664 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 3573
  • Assessor Parcel Number 7210032036

Community Details

Overview

  • 4 Units
  • Poly High Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $44,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,849

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7210032036
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 405.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3423.00
  • Lot Size Acres: 0.0786

Multi Family

  • Gross Income: 44160.00
  • Gross Multiplier: 15.29
  • Gross Scheduled Income: 44160.00
  • Lot Size Area: 3423.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5733.00
  • Tax Lot: 14
  • Tax Tract Number: 3573

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2019
Sold by
Seeger Efrem S and The Efrem S Seeger Trust
Bought by
1826 Cerritos Avenue L P
Current Estimated Value
$1,012,306

Purchase Details

Listed on
Aug 16, 2018
Closed on
Aug 30, 2018
Sold by
Pinch Michael and Pinch Jennifer Lyn
Bought by
Seeger Efrem S and Efrem S Seeger Trust
Seller's Agent
Cody Charnell
Sage Real Estate Group, Inc.
Buyer's Agent
Marty Stone
Buckingham Investments
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$506,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Pirich Michael
Bought by
The Pirich Family 2015 Trust

Purchase Details

Closed on
Mar 4, 2015
Sold by
Villalobos Gonzalo
Bought by
Pirich Michael and Pirich Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
Sold by
Villalobos Angelica M
Bought by
Villalobos Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2005
Sold by
Villalobos Angelica M
Bought by
Villalobos Gonzolo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,750
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2000
Sold by
Villalobos Simon Molina and Camacho Inez
Bought by
Villalobos Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
9.99%

Purchase Details

Closed on
Jun 2, 1997
Sold by
Hud
Bought by
Villalobos Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,150
Interest Rate
7.61%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1996
Sold by
Chase Mtg Services Inc
Bought by
Hud

Purchase Details

Closed on
Jul 16, 1996
Sold by
Rojero Zenon and Derojero Maria G
Bought by
Chase Mtg Services Inc and Chase Manhattan Mtg Corp
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
1826 Cerritos Avenue L P -- None Available
Subway Properties Inc -- None Available
Seeger Efrem S $675,000 Progressive Title Company In
The Pirich Family 2015 Trust -- None Available
Pirich Michael $369,000 Old Republic Title Company
Villalobos Gonzalo -- Fidelity National Title Co
Villalobos Gonzalo -- Fidelity National Title Co
Villalobos Gonzolo -- Security Union Title
Villalobos Gonzolo -- Security Union Title
Villalobos Gonzalo -- United Title Company
Villalobos Gonzalo $105,000 California Counties Title Co
Hud -- Fidelity National Title Ins
Chase Mtg Services Inc $138,271 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seeger Efrem S $506,250
Previous Owner Pirich Michael $276,750
Previous Owner Villalobos Gonzalo $480,000
Previous Owner Villalobos Gonzolo $386,750
Previous Owner Villalobos Gonzalo $131,250
Previous Owner Villalobos Gonzalo $123,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2018 10/11/18 Sold $675,000 0.0% $406 / Sq Ft
08/16/2018 08/16/18 For Sale $675,000 -- $406 / 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 $9,849 $752,970 $223,101 $529,869
2024 $9,849 $738,207 $218,727 $519,480
2023 $9,677 $723,734 $214,439 $509,295
2022 $9,086 $709,544 $210,235 $499,309
2021 $8,900 $695,632 $206,113 $489,519
2019 $8,772 $675,000 $200,000 $475,000
2018 $5,264 $389,761 $211,253 $178,508
2016 $4,851 $374,627 $203,050 $171,577
2015 $2,389 $166,856 $65,175 $101,681
2014 $2,395 $163,589 $63,899 $99,690
Source: Public Records

Agents Affiliated with this Home

  • Cody Charnell

    Seller's Agent in 2018

    Cody Charnell

    Sage Real Estate Group, Inc.

    (562) 896-3851

    1 in this area

    48 Total Sales

    Cody Charnell
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jeff Chonis

    Buckingham Investments, Inc.

    Section Image
  • Marty Stone

    Buyer's Agent in 2018

    Marty Stone

    Buckingham Investments

    (310) 322-9763

    8 Total Sales

    Marty Stone
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18200137

California Regional Multiple Listing Service (CRMLS)

APN: 7210-032-036

California Los Angeles County Long Beach 90806 Sunrise

1826 Cerritos Ave Unit A-D, Long Beach, CA

This home is located at 1826 Cerritos Ave Unit A-D, Long Beach, CA 90806 since 16 August 2018 and is currently estimated at $1,012,306, approximately $608 per square foot. This property was built in 1980. 1826 Cerritos Ave Unit A-D is a home located in Los Angeles County with nearby schools including Signal Hill Elementary School, Nelson Academy, and Long Beach Polytechnic High School.

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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