NOT LISTED FOR SALE

1826 E 1st St Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $1,974,935 - $2,582,000

9 Beds
6 Baths
4,573 Sq Ft
$498/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $1,475,000 $323 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $13,768/month

113 Days on Market

Highlights

  • 8,273 Sq Ft lot
  • Laundry Room
  • 4-minute walk to Bixby Park
  • Long Beach Polytechnic High School Rated A
  • Front Yard

About This Home

As of March 2018

1826 1st Street is a highly sought after location in the highly sought after neighborhood of Alamitos Beach. A convenient core location adjacent to Downtown and a short walk to the Ocean, restaurants, parks, coffee shops, marina, art district, and a five minute drive to Belmont Shore. Two garages off alley with 4 parking spaces in large open area between front a back unit that has plenty of room for many more cars if and when needed.

Last Agent to Sell the Property

Miles Evans

Park Estates Realty License #00810763 Listed on: 10/12/2017

Last Buyer's Agent

Juan Michael

Forward Real Estate License #01830409

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 8,273 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 7 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,573 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 5766
  • Assessor Parcel Number 7265018006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7265018006
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 322.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8273.00

Multi Family

  • Gross Scheduled Income: 96600.00
  • 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
  • Total Actual Rent: 8050.00

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 5
  • Tax Tract Number: 5766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2018
Sold by
Lavi Joseph and Ebrahimian Nassir
Bought by
1826 Long Beach Llc
Current Estimated Value
$2,278,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,900
Outstanding Balance
$891,944
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,386,524

Purchase Details

Listed on
Oct 12, 2017
Closed on
May 9, 2018
Sold by
Mastour Nazanin
Bought by
Mastour Pedram
Seller's Agent
Miles Evans
Park Estates Realty
Buyer's Agent
Juan Michael
Forward Real Estate
List Price
$1,750,000
Sold Price
$1,475,000
Premium/Discount to List
-$275,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$1,035,900
Outstanding Balance
$891,944
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,386,524

Purchase Details

Listed on
Oct 12, 2017
Closed on
Mar 23, 2018
Sold by
8600 Norwalk Whittier Llc
Bought by
Lavi Joseph and Ebrahimian Nassir
Seller's Agent
Miles Evans
Park Estates Realty
Buyer's Agent
Juan Michael
Forward Real Estate
List Price
$1,750,000
Sold Price
$1,475,000
Premium/Discount to List
-$275,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,900
Outstanding Balance
$891,944
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,386,524

Purchase Details

Listed on
Oct 12, 2017
Closed on
Mar 1, 2018
Sold by
Lewis Anna
Bought by
8600 Norwalk Whittier Llc
Seller's Agent
Miles Evans
Park Estates Realty
Buyer's Agent
Juan Michael
Forward Real Estate
List Price
$1,750,000
Sold Price
$1,475,000
Premium/Discount to List
-$275,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2013
Sold by
Evans Miles A and Evans Rosemary Tucciarone
Bought by
Lewis Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,020
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2012
Sold by
Kotsch Natalie A and The Natalie A Kotsch Revocable
Bought by
Evans Miles A and Evans Rosemary Tucciarone

Purchase Details

Closed on
May 4, 2011
Sold by
Kotsch Natalie A
Bought by
The Natalie A Kotsch Revocable Trust

Purchase Details

Closed on
Jun 22, 1994
Sold by
Cmb Properties
Bought by
Chapman Peter and Mavredakis John
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

Date Buyer Sale Price Title Company
1826 Long Beach Llc -- None Available
Mastour Pedram -- First American Title Company
Ebrahimian Nassir -- First American Title Company
Lavi Joseph -- First American Title Company
Lavi Joseph -- Accommodation
8600 Norwalk Whittier Llc $1,475,000 Ticor Title Co
Lewis Anna $370,500 Ticor Title Co
Lewis Anna -- Ticor Title Company
Evans Miles A $233,000 Ticor Title Company
The Natalie A Kotsch Revocable Trust -- None Available
Chapman Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebrahimian Nassir $1,035,900
Previous Owner 8600 Norwalk Whittier Llc $1,032,500
Previous Owner Lewis Anna $370,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2018 03/13/18 Sold $1,475,000 0.0% $323 / Sq Ft
03/01/2018 03/01/18 Off Market $1,475,000 -- --
02/19/2018 02/19/18 Price Changed $1,595,000 +3.2% $349 / Sq Ft
02/19/2018 02/19/18 Price Changed $1,545,000 -3.1% $338 / Sq Ft
01/12/2018 01/12/18 Price Changed $1,595,000 -3.3% $349 / Sq Ft
11/30/2017 11/30/17 Price Changed $1,650,000 -5.7% $361 / Sq Ft
10/12/2017 10/12/17 For Sale $1,750,000 -- $383 / 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 $21,966 $1,678,294 $1,052,490 $625,804
2024 $21,966 $1,645,387 $1,031,853 $613,534
2023 $21,588 $1,613,125 $1,011,621 $601,504
2022 $20,273 $1,581,496 $991,786 $589,710
2021 $19,857 $1,550,488 $972,340 $578,148
2020 $19,806 $1,535,810 $962,370 $573,440
2019 $19,574 $1,505,720 $943,500 $562,220
2018 $10,517 $773,692 $449,262 $324,430
2016 $9,678 $742,477 $431,817 $310,660
2015 $9,306 $731,325 $425,331 $305,994
2014 $9,619 $717,000 $417,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Miles Evans

    Park Estates Realty

    (562) 430-5080

    28 Total Sales

    Miles Evans
    Section Image
  • Juan Michael

    Buyer's Agent in 2018

    Juan Michael

    Forward Real Estate

    (323) 873-6550

    7 Total Sales

    Juan Michael
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17234743

California Regional Multiple Listing Service (CRMLS)

APN: 7265-018-006

California Los Angeles County Long Beach 90802 Alamitos Beach

1826 E 1st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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