NOT LISTED FOR SALE

1847 Junipero Ave Signal Hill, CA 90755

Estimated Value: $1,126,000 - $1,728,000

3 Beds
2 Baths
2,216 Sq Ft
$637/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $595,000 $269 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $8,903/month

35 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 3-minute walk to Raymond Arbor Park
  • Alvarado Elementary Rated 9+

About This Home

As of November 2018

1847 Junipero Avenue is a four-unit multifamily investment property in Signal Hill, California. The property is located near the intersection of Junipero Avenue and Pacific Coast Highway. This area is a strong majority-renter market with convenient access to the 405 Freeway and Long Beach City College’s Pacific Coast Campus (0.6 miles away).

1847 Junipero Avenue consists of two duplexes with a total of two two-bed/one-bath and two one-bed/one-bath units that are separately metered for gas and electricity. The rear building also offers four single-car garages.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 09/17/2018

Co-Listed By

Shane Young

Younglewin Advisors, Inc. License #01963090

Last Buyer's Agent

Shane Young

Marcus & Millichap License #01963090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,404 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • 2,216 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2350
  • Assessor Parcel Number 7216026006

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Signal Hill (SH)
  • Zoning: SHR3*
  • Property Type: Residential Income
  • Parcel Number: 7216026006
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 268.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5404.00
  • Lot Size Acres: 0.1241

Multi Family

  • Lot Size Area: 5404.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 8
  • Tax Tract Number: 2350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
Galaxy 26 Llc
Bought by
Earr Victor and Ear Emily
Current Estimated Value
$1,411,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,250
Outstanding Balance
$846,143
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$565,011

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 31, 2018
Sold by
Farmers And Merchants Trust Company Of L
Bought by
Galaxy 26 Llc
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Shane Young
Younglewin Advisors, Inc.
List Price
$595,000
Sold Price
$595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Original Mortgage
$850,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2009
Sold by
Markalonis John
Bought by
Markalonis John and John Markalonis Revocable Trus
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
Earr Victor $1,265,000 Ticor Title
Galaxy 26 Llc $808,000 Yicor Title Company Of Calif
Markalonis John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Earr Victor $941,250
Previous Owner Galaxy 26 Llc $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $595,000 0.0% $269 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $595,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,904 $1,369,275 $865,945 $503,330
2024 $17,991 $1,342,427 $848,966 $493,461
2023 $17,694 $1,316,106 $832,320 $483,786
2022 $16,631 $1,290,300 $816,000 $474,300
2021 $11,165 $832,697 $618,340 $214,357
2020 $11,135 $824,160 $612,000 $212,160
2019 $11,016 $808,000 $600,000 $208,000
2018 $4,652 $291,676 $123,531 $168,145
2016 $4,331 $280,352 $118,735 $161,617
2015 $4,195 $276,142 $116,952 $159,190
2014 $4,197 $270,734 $114,662 $156,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18227192

California Regional Multiple Listing Service (CRMLS)

APN: 7216-026-006

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