NOT LISTED FOR SALE

Estimated Value: $833,000 - $944,000

3 Beds
4 Baths
2,865 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $480,000 $168 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,684/month

290 Days on Market

Highlights

  • Spanish Architecture
  • 5-minute walk to Pacific Coast Highway Station
  • Wood Siding
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Carpet

About This Home

As of July 2015

Spanish Fourplex with three garages. Each unit is unique! Three-one bedrooms & one studio. Three car undivided garage is newer and totally permitted with the city. Four separate meters for gas/electric. All have been painted and carpeted in the last few years.

Last Agent to Sell the Property

Debbie Thorpe

Coldwell Banker Realty License #01163045 Listed on: 05/02/2015

Coldwell Banker Realty

Co-Listed By

Tracey Thorpe

Coldwell Banker Realty License #01775129

Last Buyer's Agent

MLS Non

Non MLS Participant License #000000000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 2,234 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 3 Car Garage

Home Design

  • Spanish Architecture
  • Property Attached
  • Entry on the 1st floor
  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,865 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 23 / 2
  • Assessor Parcel Number 7209008021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $300
  • Pest Control $816
  • Trash Expense $1,200
  • New Taxes Expense $2,934
  • Gross Income $150
  • Net Operating Income $2,898

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 7209008021
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 167.54

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Pest Control Expense: 816.00
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size Sq Ft: 2234.00
  • Price Per Lot Square Foot: 214.86
  • Lot Size Acres: 0.0510

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 150.00
  • Gross Scheduled Income: 3336.00
  • Lot Size Area: 2234.0000 Square Feet
  • Net Operating Income: 2898.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 437.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2934.00
  • Tax Block: 2
  • Tax Lot: 23
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2020
Sold by
Easton Benjamin J and Johnson Bradley A
Bought by
1867 1873 Pasadena Avenue Llc
Current Estimated Value
$969,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2016
Sold by
Johnson Cristina D
Bought by
Johnson Bradley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2016
Sold by
Easton Benjamin J
Bought by
Easton Benjamin J and Johnson Bradley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2016
Sold by
Easton Anne Mcroberts
Bought by
Easton Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2015
Closed on
Jun 9, 2015
Sold by
Rossetti Ralph F
Bought by
Easton Benjamin J
Seller's Agent
Debbie Thorpe
Coldwell Banker Realty
Buyer's Agent
MLS Non
Non MLS Participant
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$463,200
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2001
Sold by
Krause Katherine Brucker and Moreno Catherine
Bought by
Rossetti Ralph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.03%

Purchase Details

Closed on
Feb 17, 2001
Sold by
Krause Helen
Bought by
Krause Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Krause Helen
Bought by
Krause Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.68%

Purchase Details

Closed on
Oct 14, 1999
Sold by
Pan American Bank Fsb
Bought by
Krause Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.68%

Purchase Details

Closed on
Aug 2, 1999
Sold by
Cameon Jose I and Cervantes Juan M
Bought by
Pan American Bank Fsb

Purchase Details

Closed on
Jan 8, 1998
Sold by
Gomez Arturo
Bought by
Cameon Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
10.5%

Purchase Details

Closed on
Oct 25, 1996
Sold by
Independent National Mtg Corp
Bought by
Gomez Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Mclelland Dave and Independent National Mtg Corp
Bought by
Independent National Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1867 1873 Pasadena Avenue Llc -- Wfg National Title Company
Johnson Bradley A -- First American Title Company
Easton Benjamin J -- First American Title Company
Easton Benjamin J -- First American Title Company
Easton Benjamin J $480,000 Ticor Title Company Of Ca
Rossetti Ralph F $285,000 South Coast Title
Krause Richard G -- --
Krause Katherine Brucker -- --
Krause Richard -- Chicago Title Co
Krause Richard $171,481 Chicago Title Co
Pan American Bank Fsb $227,000 Chicago Title Co
Cameon Jose I $320,000 Landsafe Title
Gomez Arturo $100,000 Landsafe Title
Independent National Mtg Corp $249,595 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1867 1873 Pasadena Avenue Llc $528,000
Previous Owner Easton Benjamin J $456,000
Previous Owner Easton Benjamin J $463,200
Previous Owner Rossetti Ralph F $228,000
Previous Owner Krause Richard $170,000
Previous Owner Cameon Jose I $236,000
Previous Owner Gomez Arturo $100,000
Closed Cameon Jose I $29,250
Closed Krause Richard $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2015 07/14/15 Sold $480,000 -12.7% $168 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
08/15/2014 08/15/14 For Sale $550,000 -- $192 / 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 $7,672 $568,215 $236,756 $331,459
2024 $7,672 $557,074 $232,114 $324,960
2023 $7,537 $546,152 $227,563 $318,589
2022 $7,084 $535,444 $223,101 $312,343
2021 $6,926 $524,946 $218,727 $306,219
2020 $6,908 $519,565 $216,485 $303,080
2019 $6,827 $509,379 $212,241 $297,138
2018 $6,646 $499,392 $208,080 $291,312
2016 $6,110 $480,000 $200,000 $280,000
2015 $3,020 $219,310 $109,335 $109,975
2014 $3,020 $215,015 $107,194 $107,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14175262

California Regional Multiple Listing Service (CRMLS)

APN: 7209-008-021