NOT LISTED FOR SALE

1826 Cerritos Ave Unit A Long Beach, CA 90806

Sunrise Neighborhood

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

-- Bed
4 Baths
1,664 Sq Ft
$608/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $369,000 $222 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $6,188/month

245 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • Tile Flooring
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • 2-minute walk to Martin Luther King Jr Park

About This Home

As of April 2015

Great 4 unit building consisting of identical singles. Two upstairs, two downstairs. Property shows pride of ownership and has been maintained nicely. All units have had some recent updates, including tile floors and newer counters. Each units has its own water heater and wall heater. All units are individually metered for gas and power. This is truly a great find!

Last Agent to Sell the Property

Julio Samayoa Vega

Partners Real Estate License #01471565 Listed on: 11/12/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,849

Year Built

  • Built in 1980

Lot Details

  • 3,423 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • All Bedrooms Down
  • 4 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for insurance
  • Tax Lot 014
  • Tax Tract Number 3573
  • Assessor Parcel Number 7210032036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $600
  • New Taxes Expense $3,688
  • Gross Income $2,550
  • Net Operating Income $27,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,849

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7210032036
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 221.75
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 3423.00
  • Lot Size Acres: 0.0790

Rental Info

  • Tenant Pays: Insurance

Multi Family

  • Gross Income: 2550.00
  • Gross Scheduled Income: 30600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3423.0000 Square Feet
  • Net Operating Income: 27540.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Patio: 1
  • Operating Expense: 3060.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3688.00
  • Tax Lot: 014
  • Tax Tract Number: 3573
  • Tax Year: 2013

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

Closed on
Aug 30, 2018
Sold by
Pinch Michael and Pinch Jennifer Lyn
Bought by
Seeger Efrem S and Efrem S Seeger Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Listed on
Nov 12, 2014
Closed on
Mar 4, 2015
Sold by
Villalobos Gonzalo
Bought by
Pirich Michael and Pirich Jennifer
Seller's Agent
Julio Samayoa Vega
Partners Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$295,000
Sold Price
$369,000
Premium/Discount to List
$74,000
25.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%
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
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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
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
04/15/2015 04/15/15 Sold $369,000 +25.1% $222 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
07/02/2014 07/02/14 For Sale $295,000 -- $177 / 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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14139679

California Regional Multiple Listing Service (CRMLS)

APN: 7210-032-036